Molokai
Homes for Sale in Leesburg, FL
All 632 homes for sale in Leesburg, FL · median $285,000 · 141 homes for sale in 34788 · Lake County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of September 2026, the MLS records 1 closed sale in Molokai in Leesburg, FL, the most recent in February 2026. Across Leesburg as a whole, 836 homes closed in the last 12 months at a median of $282,000, 71 median days on market, with 305 homes for sale today. At that median and Lake County's FY2025-26 rate of 16.65 mills, annual property tax runs about $4,690 ($4,020 with the full homestead exemption).
Molokai in Leesburg is not a data-rich listing environment right now. Current MLS activity does not surface a set of shared community amenities, and there is no reliable pricing or pace-of-sale pattern to point to from the present snapshot. That absence is itself useful information: this is a market where each listing has to be evaluated largely on its own terms rather than against a well-established neighborhood baseline.
For a buyer, that means doing more individual due diligence on condition, lot, and location within Leesburg rather than leaning on community-level comps. For a seller, it means positioning and presentation carry more weight than usual, since there is not a strong recent pricing trend to anchor against.
Nearby homes for sale
No active listings inside MolokaiHomes for Sale in Leesburg, FL right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Molokai is a residential community in Leesburg, Lake County, currently showing limited distinguishing data in the MLS feed, including no identified shared amenities.
County records show 7 qualified sales in Molokai across 2024–2025 (5 in 2024, 2 in 2025), median $100,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Molokai is best for.
Best for
- Buyers prioritizing a specific home or lot in Leesburg over a packaged amenity set
- Buyers willing to do individual property research in a community with limited current listing data
- Buyers focused on Lake County location rather than a defined community identity
Probably not for
- Buyers who want a clear, documented community amenity package before making a decision
- Buyers who rely heavily on established neighborhood pricing trends to guide an offer
- Buyers seeking a highly active, well-documented resale market to benchmark against
The market around Molokai
Molokai is too small for its own price trend, so here is the market around it.
In ZIP 34788, 178 homes are on the market and 16% are under contract — a slower corner of Leesburg.
Across Lake County, 3,179 homes are active and 1,077 pending (25% under contract).
In ZIP 34788 (Leesburg), 330 homes closed in the last 12 months at a median of $250K ($160/sq ft), down 2.7% year over year, with a median 69 days on market. Right now 81 active and 22 pending listings put supply at about 4.2 months — a buyer's market. See the live ZIP 34788 housing market and the Lake County market.
ZIP and county figures describe the wider market, not Molokai specifically. Momentum Research analysis of MLS records.
The Molokai buying strategy.
If we were buying in Molokai today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Molokai.
A Community Still Defining Itself in the Data
When a community's MLS footprint does not yet surface amenities, price trends, or a consistent sales pattern, it usually signals one of two things: very limited current listing activity, or a community whose character is set more by individual homes and lots than by a defined amenity package or HOA-driven identity. Either way, Molokai is best approached as a location within Leesburg rather than a packaged lifestyle product.
That puts more emphasis on the fundamentals that do not require a data feed to evaluate: where a specific home sits within Leesburg, its condition, its lot, and its proximity to the roads, schools, and services that matter for daily life. Buyers should expect to do that legwork property by property rather than relying on a neighborhood-level shorthand.
The location and the amenities are priced into every listing in Molokai. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community without a strong data trail, the value of local, listing-by-listing analysis goes up, not down. We pull the actual comparable activity in and around Leesburg, walk through what a given Molokai listing does and does not offer relative to it, and give you a straight read before you write an offer or set a price.
Molokai in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $215/month (about $2,580/yr) · median of 10 MLS listings, most billed monthly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $215 per month ($2,580 a year) — the median AssociationFee across 10 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Molokai buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Molokai sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Molokai, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Molokai home worth?
Get a no-obligation home value based on real comparable sales in Molokai, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Leesburg →
Should you buy in Molokai?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: September 19, 2026) |
| Under-contract shares | Stellar MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2026 (1 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live local comps.
Looking to buy here? Search homes for sale →
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See how Molokai fits the bigger picture — live prices, inventory, and Momentum Scores:
Common questions about Molokai
Where is Molokai?
Molokai is a community in Leesburg, Lake County, Florida, ZIP 34788.
Are there homes for sale in Molokai right now?
No active listings inside Molokai at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.
Does Molokai have an HOA or CDD?
No HOA is on record for Molokai in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.
Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.
More Leesburg & Lake County guides
Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Lake County or the full Neighborhood Finder.
Nearby Communities
Explore more neighborhoods near Molokai with Momentum Realty’s local guides.
Molokai Market Scorecard
Molokai is currently a no active listings market. Limited supply, a median asking price of n/a.
Typical home value in the 34788 ZIP is $281,058, about 2.0% below the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.