Pelican Isle Estates
Homes for Sale in Leesburg, FL

All 632 homes for sale in Leesburg, FL · median $285,000 · 466 homes for sale in 34748 · Lake County homes for sale

Community in Leesburg · Lake County · ZIP 34748
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Built fromLive Stellar MLS data14 years of closingsUpdated twice daily

As of September 2026, the MLS records 9 closed sales in Pelican Isle Estates in Leesburg, FL since 2012, the most recent in May 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).

Live · Pelican Isle Estates Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
0 · 0
For sale · pending
live counts, refreshed twice daily
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Pelican Isle Estates currently shows no active MLS listings and no community amenities recorded in the feed, which means there is no pricing trend to report and nothing to compare against recent sales. That is a data gap, not necessarily a market signal, but it does mean anyone quoting a number for this community right now is guessing rather than reading the MLS.

For a buyer or seller, thin or absent listing activity usually means one of two things: very low turnover, or a community that trades quietly through word of mouth and off-market channels before anything hits the public feed. Either way, the right move is to have someone watching for the first new listing or pending sale, not waiting for a public search to populate.

Nearby homes for sale

No active listings inside Pelican Isle EstatesHomes 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.

4732 JASMINE CIRCLE
$300K · 0.4 mi away
3 bd · 2 ba · 1,680 sqft
4732 JASMINE CIRCLE
Listed by RE/MAX PREMIER REALTY
100 PAPAYA COVE
$158K · 0.5 mi away
2 bd · 2 ba · 1,032 sqft
100 PAPAYA COVE
Listed by DOWN HOME REALTY, LLLP
103 POINSETTIA
$90K · 0.5 mi away
2 bd · 2 ba · 1,370 sqft
103 POINSETTIA
Listed by FLORIDA PLUS REALTY, LLC
103 ORCHID WAY
$240K · 0.5 mi away
2 bd · 2 ba · 2,061 sqft
103 ORCHID WAY
Listed by BLACK TIE REAL ESTATE PROFESSIONALS, INC.
127 ROYAL PALM DRIVE
$129K · 0.5 mi away
2 bd · 2 ba · 1,452 sqft
127 ROYAL PALM DRIVE
Listed by BLACK TIE REAL ESTATE PROFESSIONALS, INC.
101 MANGO COVE
$120K · 0.6 mi away
2 bd · 2 ba · 1,080 sqft
101 MANGO COVE
Listed by WEICHERT, REALTORS-HALLMARK PR

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Pelican Isle Estates sits in Leesburg, Lake County, but the current MLS snapshot carries no active listings or documented amenities to draw from, so this read is grounded in location and market posture rather than price or inventory detail.

Stellar MLS sales records identify 23 homes in Pelican Isle Estates that have changed hands since 2004, built between 1984 and 2004 (median 1991), with a median living area of about 1,512 sq ft and a typical 2-bedroom, 2-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.

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.

Best for

  • A buyer set on the Leesburg area who can be patient for the right listing to surface
  • Someone comfortable making a move based on direct monitoring rather than public search results
  • A buyer prioritizing location over amenity comparisons, since none are currently documented

Probably not for

  • A buyer who needs to compare multiple active listings before deciding
  • Someone relying on published amenity details to judge fit
  • A buyer working on a tight timeline who cannot wait for inventory to appear

The market around Pelican Isle Estates

Pelican Isle 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 Pelican Isle Estates specifically. Momentum Research analysis of MLS records.

If we were buying in Pelican Isle Estates 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 Pelican Isle Estates.

Best Buy
Buyers who are targeting Leesburg specifically and are willing to wait for the right listing rather than choose from active inventory.
Biggest Risk
With no active data, there is no way to verify pricing, condition trends, or amenities before a listing appears.
Sweet Spot
Buyers who want early notice the moment something in Pelican Isle Estates comes to market.
Avoid If
You need to compare current listings or amenities today, because the feed has none to show.

When the data goes quiet

A community with no listings and no amenity data in the feed is not unusual in smaller Lake County pockets, but it does change how you should approach it. Public search tools will show nothing, which can make a place look inactive when it is really just between sales cycles.

The practical implication is that comparable sales, price trends, and even basic amenity details for Pelican Isle Estates cannot be pulled from the current feed with confidence. Anyone serious about this community should treat the absence of listings as a reason to set up direct monitoring rather than a reason to assume there is nothing happening.

The location and the amenities are priced into every listing in Pelican Isle Estates. 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 community with no current MLS activity, the advantage is not analyzing stats that do not exist, it is being positioned to know the moment a listing, pending sale, or off-market opportunity surfaces in Pelican Isle Estates.

Pelican Isle Estates in 15 seconds.

Best forBuyers who are targeting Leesburg specifically and are willing to wait for the right listing rather than choose from active inventory.
Biggest advantageLocation within Lake County near Leesburg without the competition that comes with a heavily listed community.
Biggest riskWith no active data, there is no way to verify pricing, condition trends, or amenities before a listing appears.
Sweet spotBuyers who want early notice the moment something in Pelican Isle Estates comes to market.
Avoid ifYou need to compare current listings or amenities today, because the feed has none to show.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Pelican Isle Estates homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Pelican Isle Estates.
In short
  • HOA status not on record. Verify any dues before you offer
  • 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 Pelican Isle Estates sales matched to your home.

What is your Pelican Isle Estates home worth?

Get a no-obligation home value based on real comparable sales in Pelican Isle Estates, 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 →

Real comps, not an automated estimate.
A buyer set on the Leesburg area who can be patient for the right listing to surfaceExcellent fit
Someone comfortable making a move based on direct monitoring rather than public search resultsExcellent fit
A buyer prioritizing location over amenity comparisons, since none are currently documentedExcellent fit
A buyer who needs to compare multiple active listings before decidingProbably not
Someone relying on published amenity details to judge fitProbably not
A buyer working on a tight timeline who cannot wait for inventory to appearProbably not

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: September 19, 2026)
Under-contract sharesStellar MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2012 (9 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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Common questions about Pelican Isle Estates

Where is Pelican Isle Estates?

Pelican Isle Estates is a community in Leesburg, Lake County, Florida, ZIP 34748.

Are there homes for sale in Pelican Isle Estates right now?

No active listings inside Pelican Isle Estates at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.

Does Pelican Isle Estates have an HOA or CDD?

No HOA is on record for Pelican Isle Estates 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 Pelican Isle Estates with Momentum Realty’s local guides.

FPFox Pointe At Rivers Edge0.4 mi away · median $322K, 10 sales/12 moFPFox Pointe Rivers Edge0.4 mi away · 21 homes, built 1975–24Shenandoah0.6 mi away · median $1.41M, 16 sales/12 moOkahumpka Terrace Okahumpka Okahumpka0.9 mi awaySpring Creek Okahumpka0.9 mi away · median $352K, 4 sales/12 moHAHawthorne At Leesburg A Coop0.9 mi away · median $122K, 74 sales/12 mo

Browse all neighborhood guides →

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Pelican Isle Estates Market Scorecard

No active listings

Pelican Isle Estates is currently a no active listings market. Limited supply, a median asking price of n/a.

n/a
Months supply
n/a
Median list
$277,500
Median sold
n/a
Per sqft
n/a
Days on mkt
0/0/1
Active/Pend/Sold

Typical home value in the 34748 ZIP is $274,372, about 2.2% above 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.