Pennbrooke Ph 01K Units 01 & 02
Homes for Sale in Leesburg, FL

Community in Leesburg · Lake County
235 homesBuilt 1997–2005Median sale $245K
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Built fromLive Stellar MLS data12 years of closingsFL DOR public recordsUpdated twice daily
Live · Pennbrooke Ph 01K Units 01 & 02 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$245K
Median sold · 12 mo
$154/sf
Sold $/sqft · 12 mo
peak $154 in 2026
92.3%
Sale vs ask
Lake median: 95.7%
Tempo
160days
Median DOM · closed
160 days at the 2017 low
4
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
81%
Owner-occupied · Pennbrooke Ph 01K Units 01 & 02
190 of 235 parcels homesteaded (FL DOR 2025)
19%
Non-owner-occupied · Pennbrooke Ph 01K Units 01 & 02
incl. 9% trust or LLC-held · 12% out-of-state
33%
Cash buyers · Pennbrooke Ph 01K Units 01 & 02
1 of 3 sales, 12 mo ending June 2026
235
Homes in the community
235 residential parcels (FL DOR 2025)
Track record · 12 years of records
Est. 1997
Community established
homes built 1997-2005, median 2000 (FL DOR 2025)
0
Failed listings · 2017
peaked at 2 in 2017
1,644sqft
Median sold home size
12-mo windows, closed sales
1.7%/yr
Turnover rate
about 4 of 235 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven mostly by condition and layout, not by location swings. Homes were built in a tight window between 1997 and 2005, so the housing stock is consistent, and the median sits at $244,750 on roughly 1,708 square feet. That works out to a median around $154 per square foot, which tells you the spread comes from how well an individual home has been kept and updated rather than from wide differences in size or vintage.

The market posture is slow and patient. With a median of about 160 days on market across a thin recent closing window, this is not a place where sellers dictate terms. Buyers have time to inspect, negotiate, and walk if the numbers do not work. Sellers should price to the condition of the home from day one and plan for a longer marketing period rather than a quick sale.

The 60-Second Overview

Pennbrooke Ph 01K Units 01 & 02 market snapshot (as of July 15, 2026): the median sale price is about $245K ($154 per sq ft over the trailing 12 months of closed sales), and a median 160 days on market for closed sales.

Pennbrooke Ph 01K Units 01 & 02 is a community of 235 homes in Leesburg, Lake County, built between 1997 and 2005 (median 2000), with a median living area of about 1,708 square feet. 81% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

This is an established, uniform community of about 235 homes in Leesburg, Lake County, with a very high homestead share — roughly four in five homes are owner-occupied, which keeps turnover and rental churn low.

Best for

  • Buyers targeting a modestly sized, single-era home around the mid-$240s who value predictable housing stock
  • Owner-occupant buyers who plan to stay and are comfortable with a slower, deliberate market
  • Value-focused buyers willing to negotiate on a home that has sat and pay for condition, not hype

Probably not for

  • Buyers who need to resell quickly or expect rapid turnover
  • Investors chasing high rental churn in a heavily owner-occupied community
  • Buyers wanting large square footage or newer construction beyond the 1997–2005 vintage

Windows contain 0 to 4 sales each (4 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
0242014201620182020202220242026
0 to 4 a year; 4 in the current window.

If we were buying in Pennbrooke Ph 01K Units 01 & 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 Pennbrooke Ph 01K Units 01 & 02.

Best Buy
Buyers who want an established, uniform community and are not in a rush.
Biggest Risk
A slow market with a median around 160 days demands patience on both sides.
Sweet Spot
A well-maintained home near the $244,750 median that has been kept current.
Avoid If
You need a fast sale or expect quick resale liquidity.

A steady, condition-priced pocket

The build years cluster around a median of 2000, so most homes share similar bones and a common era of construction. At a median near 1,708 square feet, floor plans are modest and comparable to one another, which makes pricing more about updates, mechanicals, and cosmetic condition than about square footage races.

The high owner-occupancy rate — about 81 percent homesteaded — signals a community held by long-term owners rather than investors. Combined with a median time on market of roughly 160 days, that means inventory moves deliberately. This is a market that rewards a buyer who does homework on individual home condition and a seller who is realistic about timeline.

The location and the amenities are priced into every listing in Pennbrooke Ph 01K Units 01 & 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

Because the price story here is a condition story, we underwrite each home on its own merits rather than leaning on a neighborhood average. In a market where homes sit for months, we will tell you when a listing is priced ahead of its condition and when a longer hold on your own sale is simply the reality — not a reason to panic-cut.

Pennbrooke Ph 01K Units 01 & 02 in 15 seconds.

Best forBuyers who want an established, uniform community and are not in a rush.
Biggest advantageConsistent housing stock and high owner-occupancy mean fewer surprises.
Biggest riskA slow market with a median around 160 days demands patience on both sides.
Sweet spotA well-maintained home near the $244,750 median that has been kept current.
Avoid ifYou need a fast sale or expect quick resale liquidity.

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 Pennbrooke Ph 01K Units 01 & 02 sales matched to your home.

What is your Pennbrooke Ph 01K Units 01 & 02 home worth?

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Frequently Asked Questions

What is the median home price in Pennbrooke Ph 01K Units 01 & 02?
The median sale price in Pennbrooke Ph 01K Units 01 & 02 was $245K over the 12 months ending July 15, 2026 (4 closed sales, Stellar MLS).
How long do homes in Pennbrooke Ph 01K Units 01 & 02 take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 160 days on market (4 sales, Stellar MLS).
How many homes are in Pennbrooke Ph 01K Units 01 & 02?
The Florida DOR 2025 assessment roll shows 235 homes in Pennbrooke Ph 01K Units 01 & 02 (public records).
What share of Pennbrooke Ph 01K Units 01 & 02 is owner-occupied?
81% of Pennbrooke Ph 01K Units 01 & 02 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Pennbrooke Ph 01K Units 01 & 02 built?
Homes in Pennbrooke Ph 01K Units 01 & 02 were built between 1997 and 2005, with a median year built of 2000 (FL DOR 2025 roll).
Do cash buyers compete in Pennbrooke Ph 01K Units 01 & 02?
Cash buyers took 33% of Pennbrooke Ph 01K Units 01 & 02 sales in the 12 months ending June 2026 (1 of 3 closings, Stellar MLS).
Who is the best real estate agent for Pennbrooke Ph 01K Units 01 & 02?
The best agent for Pennbrooke Ph 01K Units 01 & 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 Pennbrooke Ph 01K Units 01 & 02.
How do I find a top Leesburg real estate agent who knows Pennbrooke Ph 01K Units 01 & 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 Pennbrooke Ph 01K Units 01 & 02 and the wider Leesburg area.
Can Momentum Realty connect me with an agent for Pennbrooke Ph 01K Units 01 & 02?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Pennbrooke Ph 01K Units 01 & 02 purchase or sale - no call center and no pressure.
Buyers targeting a modestly sized, single-era home around the mid-$240s who value predictable housing stockExcellent fit
Owner-occupant buyers who plan to stay and are comfortable with a slower, deliberate marketExcellent fit
Value-focused buyers willing to negotiate on a home that has sat and pay for condition, not hypeExcellent fit
Buyers who need to resell quickly or expect rapid turnoverProbably not
Investors chasing high rental churn in a heavily owner-occupied communityProbably not
Buyers wanting large square footage or newer construction beyond the 1997–2005 vintageProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 15, 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 2014 (18 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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