Palms Mobile Home Estates
Homes for Sale in Leesburg, FL

This is a compact community of about 70 homes in Leesburg, Lake County, with modest footprints — a median living area under 1,000 square feet — and a housing stock that ranges from very old to nearly new.

Stellar MLS sales records identify 17 homes in Palms Mobile Home Estates that have changed hands since 2005, built between 1965 and 2003 (median 1971), with a median living area of about 840 sq ft and a typical 2-bedroom, 1.5-bath layout. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

County records show 5 qualified sales in Palms Mobile Home Estates across 2024–2024, median $77,000 — 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.

Palms Mobile Home Estates is too small for its own price trend, so here is the market around it.

In ZIP 34748, 583 homes are on the market and 18% 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 34748 (Leesburg), 1,072 homes closed in the last 12 months at a median of $290K ($161/sq ft), down 2.6% year over year, with a median 70 days on market. Right now 240 active and 63 pending listings put supply at about 5.0 months — a buyer's market. See the live ZIP 34748 housing market and the Lake County market.

ZIP and county figures describe the wider market, not Palms Mobile Home Estates specifically. Momentum Research analysis of MLS records.

The defining fact here is variability. A build range from 1919 to 2022, against a median year built near 1970, means the inventory is a genuine mix of long-standing structures and newer replacements. Living areas run compact, with a median just under 1,000 square feet, so this is a place for buyers who want a smaller, manageable footprint rather than room to spread out.

Homestead share sits around 33 percent, meaning roughly two-thirds of the homes are not owner-occupied as a primary residence. In a community of this size that's worth noting: it points to a market with a meaningful share of seasonal or investment-held homes, which can affect turnover and the pace at which any given listing sells.

In a community this small and this varied, generic pricing tools fall down — the difference between an original 1970s home and a recently replaced one is enormous, and it doesn't show up in a spreadsheet. We walk the actual home, weigh its condition against the handful of comparable sales in and around Palms, and tell you plainly where a listing sits. That candor matters more here than in a subdivision of identical floor plans.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.