Pennbrooke Ph 02R Lt R23
Homes for Sale in Leesburg, FL

Community in Leesburg · Lake County · ZIP 34748
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Built fromLive Stellar MLS data12 years of closingsUpdated twice daily

As of September 2026, Pennbrooke Ph 02R Lt R23 in Leesburg, FL has 1 home for sale. As of September 2026, the MLS records 13 closed sales in Pennbrooke Ph 02R Lt R23 in Leesburg, FL since 2014, the most recent in July 2026. Across Leesburg as a whole, 590 homes closed in the last 12 months at a median of $286,057, 73 median days on market, with 219 homes for sale today. At that median and Lake County's FY2025-26 rate of 16.65 mills, annual property tax runs about $4,760 ($4,090 with the full homestead exemption).

Live · Pennbrooke Ph 02R Lt R23 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
12.0mo
Supply
3 to 6 months is the balanced band
0%
Under contract
Lake: 25% (1,077 of 4,256)
1 · 0
For sale · pending
live counts, refreshed twice daily
1
Sold · last 12 mo
10-yr average: about 1 a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

What sets price here is condition and updates, not location games. This is a tight pocket of homes built in a narrow window, roughly 2001 to 2005, with a median living area near 1,770 square feet. When homes are this similar in age and size, buyers price on what has been done inside: roof, HVAC, kitchens, and finishes. Expect a wide spread on otherwise comparable floor plans, driven almost entirely by how much a seller has reinvested.

The market posture is thin. With only 93 homes in this pocket and a very light closing window, comps are scarce and any single sale carries weight. Sellers should not read one strong or weak result as the trend. Buyers should move deliberately when the right updated home surfaces, because substitutes do not come along every week here.

Pennbrooke Ph 02R Lt R23 Housing Pulse · Momentum Research · as of September 12, 2026

Pennbrooke Ph 02R Lt R23 right now

🟢 Buyer-leaning market. 12.0 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of September 12, 2026. Confidence: Low (1 active and pending listings, 1 closed sales in 12 months).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated September 12, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Pennbrooke is a small, homogeneous pocket in Leesburg, Lake County, built out over a few years in the early 2000s around a consistent single-story footprint. The high homestead share, near 90 percent, tells you this reads as an owner-occupied community rather than a rental-heavy one.

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

  • Buyers seeking a modestly sized, single-level home and comfortable with an early-2000s build
  • Owner-occupants who want a stable, low-turnover pocket rather than a rental-heavy one
  • Buyers willing to pay up for a home with recent roof and mechanical updates

Probably not for

  • Buyers who need significant square footage or a wide choice of floor plans
  • Investors counting on a rental-heavy building for easy comps and turnover
  • Buyers who want many active listings to compare before deciding

The market around Pennbrooke Ph 02R Lt R23

Pennbrooke Ph 02R Lt R23 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).

ZIP and county figures describe the wider market, not Pennbrooke Ph 02R Lt R23 specifically. Momentum Research analysis of MLS records.

Homes For Sale Right Now in Pennbrooke Ph 02R Lt R23

Live MLS inventory for Pennbrooke Ph 02R Lt R23. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Pennbrooke Ph 02R Lt R23 listings as of 2026-09-12, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2014 through 2026. Tap any home to ask about it.

If we were buying in Pennbrooke Ph 02R Lt R23 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

Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.

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 02R Lt R23.

Best Buy
Buyers who want a single-story home of consistent vintage in a small Leesburg pocket.
Biggest Risk
Thin recent sales volume means few comps and outsized weight on any one closing.
Sweet Spot
An updated home near the median size where roof and HVAC are already done.
Avoid If
You need a large or highly varied floor plan, or a deep pool of comparable listings.

A uniform vintage, priced on condition

The homes cluster around a median build year of 2003 and a median size of roughly 1,770 square feet. That uniformity is useful: it makes it easier to judge whether a given home is priced fairly against its neighbors, because the underlying product is so consistent. The variable that actually moves value is the work done since construction.

With homes now two decades old, systems matter. A home with an aging roof or original mechanicals should be priced as a project, and one with recent replacements should command the premium. Ask for the age of the roof and HVAC on every home you tour here, because that gap explains most of the price differences you will see.

The location and the amenities are priced into every listing in Pennbrooke Ph 02R Lt R23. 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 pocket this small with so few recent closings, guessing on price is expensive. We track this community at the home level, weigh condition and system age against the median, and tell you plainly when a listing is priced for its updates or priced on hope. That discipline protects both sides of the table when comps are scarce.

Pennbrooke Ph 02R Lt R23 in 15 seconds.

Best forBuyers who want a single-story home of consistent vintage in a small Leesburg pocket.
Biggest advantageProduct uniformity makes fair pricing easier to judge home to home.
Biggest riskThin recent sales volume means few comps and outsized weight on any one closing.
Sweet spotAn updated home near the median size where roof and HVAC are already done.
Avoid ifYou need a large or highly varied floor plan, or a deep pool of comparable listings.

HOA, CDD & Fees

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 Pennbrooke Ph 02R Lt R23 sales matched to your home.

What is your Pennbrooke Ph 02R Lt R23 home worth?

Get a no-obligation home value based on real comparable sales in Pennbrooke Ph 02R Lt R23, 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 homes for sale in Pennbrooke Ph 02R Lt R23 on the map →

Real comps, not an automated estimate.
How much local inventory is already under contract

17% of homes for sale in ZIP 34748 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-12).

Pennbrooke Ph 02R Lt R23 Market Scorecard

Strong buyer's market

Pennbrooke Ph 02R Lt R23 is currently a strong buyer's market. About 12.0 months of supply, a median asking price of $289,000, and homes go under contract in about 9 days.

12.0
Months supply
$289,000
Median list
$299,900
Median sold
$150
Per sqft
9
Days on mkt
1/0/1
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.

Frequently Asked Questions

Is Pennbrooke Ph 02R Lt R23 a buyer's or seller's market right now?
As of September 12, 2026, Pennbrooke Ph 02R Lt R23 leans toward buyers: 12.0 months of supply at the current sales pace (Stellar MLS live counts).
Who is the best real estate agent for Pennbrooke Ph 02R Lt R23?
The best agent for Pennbrooke Ph 02R Lt R23 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 02R Lt R23.
How do I find a top Leesburg real estate agent who knows Pennbrooke Ph 02R Lt R23?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Pennbrooke Ph 02R Lt R23 and the wider Leesburg area.
Can Momentum Realty connect me with an agent for Pennbrooke Ph 02R Lt R23?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Pennbrooke Ph 02R Lt R23 purchase or sale - no call center and no pressure.
Buyers seeking a modestly sized, single-level home and comfortable with an early-2000s buildExcellent fit
Owner-occupants who want a stable, low-turnover pocket rather than a rental-heavy oneExcellent fit
Buyers willing to pay up for a home with recent roof and mechanical updatesExcellent fit
Buyers who need significant square footage or a wide choice of floor plansProbably not
Investors counting on a rental-heavy building for easy comps and turnoverProbably not
Buyers who want many active listings to compare before decidingProbably not

Nearby Communities

Explore more neighborhoods near Pennbrooke Ph 02R Lt R23 with Momentum Realty’s local guides.

Pennbrooke Fairways Leesburg0.5 mi awayFruitland Park Wingspread Sub Fruitland Park0.8 mi awayFPFruitland Park Glen Ph 04 05 06 091.4 mi awayFPFruitland Park Oak Forest1.7 mi awayLeesburg Westside Oaks Leesburg1.9 mi away

Browse all neighborhood guides →

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: September 12, 2026)
Under-contract sharesStellar MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2014 (13 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.

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CallFree valuation →
Thinking of selling in Pennbrooke Ph 02R Lt R23? 1 recorded closings (window ending 2026-09-12). See the Lake County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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