Pennbrooke
Homes for Sale in Leesburg, FL

A small, cohesive Pennbrooke enclave in Leesburg's Lake County market, built in a short early-2000s stretch and held largely by owner-occupants — a place where turnover is measured and condition, not size, sets the price.

Stellar MLS sales records identify 620 homes in Pennbrooke that have changed hands since 2004, built between 1987 and 2005 (median 1999), with a median living area of about 1,570 sq ft and a typical 2-bedroom, 2-bath layout; 82% are single-family homes. 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 9 qualified sales in Pennbrooke across 2024–2025 (6 in 2024, 3 in 2025), median $285,000 — 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.

Pennbrooke 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 Pennbrooke specifically. Momentum Research analysis of MLS records.

With only 94 homes and a build window of just four years, this section reads as one consistent product rather than a patchwork of eras. The median living area near 1,771 square feet points to a right-sized, single-story-oriented floor plan typical of Pennbrooke's early-2000s construction. That consistency is useful: it makes pricing legible, because a well-kept home and a dated one of the same footprint tell you exactly what an update is worth.

The high homestead share signals a community that people stay in rather than churn. That supports value stability but also means inventory is thin — when a home does list, buyers should be ready to move, and sellers should be honest that a premium requires demonstrable updates, not just a good address.

In a 94-home enclave with limited turnover, the difference between a strong sale and a slow one comes down to reading condition against the handful of relevant comps — and knowing which updates the market here actually pays for. We track this Pennbrooke section closely enough to price it on evidence, tell a seller where to invest before listing, and tell a buyer when a home is fairly priced versus optimistically priced.

Listings in this community report association dues of about $265 per month ($3,180 a year) — the median AssociationFee across 12 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.