Park Hill Ph 02
Homes for Sale in Leesburg, FL

Community in Leesburg · Lake County
164 homesBuilt 2007–2022Median sale $296K
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Built fromLive Stellar MLS data11 years of closingsFL DOR public recordsUpdated twice daily
Live · Park Hill Ph 02 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$296K
Median sold · 12 mo
$159/sf
Sold $/sqft · 12 mo
peak $187 in 2022
98.6%
Sale vs ask
Lake median: 95.7%
Tempo
43days
Median DOM · closed
3 days at the 2022 low
5
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
76%
Owner-occupied · Park Hill Ph 02
124 of 164 parcels homesteaded (FL DOR 2025)
24%
Non-owner-occupied · Park Hill Ph 02
incl. 7% trust or LLC-held · 7% out-of-state
0%
Cash buyers · Park Hill Ph 02
0 of 4 sales, 12 mo ending June 2026
164
Homes in the community
164 residential parcels (FL DOR 2025)
Track record · 11 years of records
Est. 2007
Community established
homes built 2007-2022, median 2020 (FL DOR 2025)
2
Failed listings · 2026
peaked at 5 in 2025
2,078sqft
Median sold home size
12-mo windows, closed sales
3.0%/yr
Turnover rate
about 5 of 164 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Park Hill Ph 02 is a newer-construction pocket in Leesburg, with a median build year of 2020 and homes running from 2007 through 2022. That recency is the story on price: at a median of $295,900 and about $159 per square foot, you're paying for modern floor plans and low deferred maintenance rather than location premium. With a median around 1,928 square feet, the value proposition is space and condition, not square-footage scarcity.

A median 43 days on market puts this at a measured pace — not a bidding-war environment, but not stagnant either. Buyers have room to inspect and negotiate; sellers should price to the recent condition-driven comps and expect the home to sit several weeks before it moves. The high homestead share, roughly three-quarters of homes, points to an owner-occupied community rather than an investor churn.

The 60-Second Overview

Park Hill Ph 02 market snapshot (as of July 13, 2026): the median sale price is about $296K ($159 per sq ft over the trailing 12 months of closed sales), and a median 43 days on market for closed sales.

Park Hill Ph 02 is a community of 164 homes in Leesburg, Lake County, built between 2007 and 2022 (median 2020.0), with a median living area of about 1,928 square feet. 76% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Park Hill Ph 02 is a compact, largely built-out subdivision of 164 homes in Leesburg's Lake County market, weighted toward construction from the last several years. It reads as a settled, owner-occupied enclave rather than a speculative one.

Best for

  • Owner-occupants targeting a low-$300s budget who want a move-in-ready, recently built home
  • Buyers who value modern floor plans and current systems over an established, mature setting
  • Long-hold buyers comfortable with a measured, roughly 43-day market pace

Probably not for

  • Investors seeking rapid turnover in a mostly owner-occupied subdivision
  • Buyers needing to resell quickly, given the limited recent-sales depth
  • Anyone set on older, character-heavy homes rather than newer construction

Windows contain 0 to 5 sales each (5 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
024201620182020202220242026
0 to 5 a year; 5 in the current window.
Sellers who gave up · failed listings per year
02420162018202020242026
Canceled, expired, or withdrawn. 5 quit in 2025; 2 so far in 2026. The clearest stress gauge a community has.

If we were buying in Park Hill Ph 02 today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Park Hill Ph 02.

Best Buy
Buyers who want newer construction without a new-build price tag.
Biggest Risk
A thin sales window makes the median a snapshot, not a trend.
Sweet Spot
A well-kept home near the ~1,928 sqft median, priced to condition.
Avoid If
You need quick resale liquidity or a fast, competitive flip.

What the numbers actually tell you

The build range spans 2007 to 2022, but the median year of 2020 tells you the bulk of inventory here is recent. For a buyer, that means fewer immediate capital projects — roofs, systems, and finishes are generally current — and it explains why the per-square-foot figure holds near $159 on a median just under $296,000. Price movement in a community like this tends to track condition and finish level more than any single amenity.

With only a handful of closings in the recent window, individual sales carry outsized weight in the median, so treat the figures as a snapshot rather than a trend line. The 43-day median suggests properties that are priced correctly and presented well clear in a reasonable window; those that aren't will linger. The roughly 76% homestead share reinforces the owner-occupied character and typically means less turnover-driven volatility.

The location and the amenities are priced into every listing in Park Hill Ph 02. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a small community with a thin recent-sales window, the median can swing on one or two closings, so pricing has to come from a careful read of condition and finish rather than a headline number. We work these Lake County submarkets closely and will tell you when a listing is priced to the community's reality — and when it is chasing a comp that doesn't apply to your home.

Park Hill Ph 02 in 15 seconds.

Best forBuyers who want newer construction without a new-build price tag.
Biggest advantageRecent build stock means low deferred maintenance out of the gate.
Biggest riskA thin sales window makes the median a snapshot, not a trend.
Sweet spotA well-kept home near the ~1,928 sqft median, priced to condition.
Avoid ifYou need quick resale liquidity or a fast, competitive flip.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

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

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Park Hill Ph 02 sales matched to your home.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Park Hill Ph 02?
The median sale price in Park Hill Ph 02 was $296K over the 12 months ending July 13, 2026 (5 closed sales, Stellar MLS).
How long do homes in Park Hill Ph 02 take to sell?
Homes that closed in the 12 months ending July 13, 2026 took a median 43 days on market (5 sales, Stellar MLS).
How many homes are in Park Hill Ph 02?
The Florida DOR 2025 assessment roll shows 164 homes in Park Hill Ph 02 (public records).
What share of Park Hill Ph 02 is owner-occupied?
76% of Park Hill Ph 02 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Park Hill Ph 02 built?
Homes in Park Hill Ph 02 were built between 2007 and 2022, with a median year built of 2020.0 (FL DOR 2025 roll).
Do cash buyers compete in Park Hill Ph 02?
Cash buyers took 0% of Park Hill Ph 02 sales in the 12 months ending June 2026 (0 of 4 closings, Stellar MLS).
Who is the best real estate agent for Park Hill Ph 02?
The best agent for Park Hill Ph 02 is one who actively works Leesburg and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Park Hill Ph 02.
How do I find a top Leesburg real estate agent who knows Park Hill Ph 02?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Park Hill Ph 02 and the wider Leesburg area.
Can Momentum Realty connect me with an agent for Park Hill Ph 02?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Park Hill Ph 02 purchase or sale - no call center and no pressure.
Owner-occupants targeting a low-$300s budget who want a move-in-ready, recently built homeExcellent fit
Buyers who value modern floor plans and current systems over an established, mature settingExcellent fit
Long-hold buyers comfortable with a measured, roughly 43-day market paceExcellent fit
Investors seeking rapid turnover in a mostly owner-occupied subdivisionProbably not
Buyers needing to resell quickly, given the limited recent-sales depthProbably not
Anyone set on older, character-heavy homes rather than newer constructionProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 13, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (3 streets, ZIP 34748))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2015 (27 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.

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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 your area comps.

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