Pennbrooke Ph 1A
Homes for Sale in Leesburg, FL

Community in Leesburg · Lake County
321 homesBuilt 1987–2012
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Built fromLive Stellar MLS data19 years of closingsFL DOR public recordsUpdated twice daily
Live · Pennbrooke Ph 1A Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
1
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
63%
Owner-occupied · Pennbrooke Ph 1A
204 of 322 parcels homesteaded (FL DOR 2025)
37%
Non-owner-occupied · Pennbrooke Ph 1A
incl. 6% trust or LLC-held · 22% out-of-state
0%
Cash buyers · Pennbrooke Ph 1A
0 of 3 sales, 12 mo ending June 2020
321
Homes in the community
plus 1 vacant residential lots · 322 residential parcels (FL DOR 2025)
Track record · 19 years of records
Est. 1987
Community established
homes built 1987-2012, median 1993 (FL DOR 2025)
0
Failed listings · 2015
peaked at 9 in 2007
0.3%/yr
Turnover rate
about 1 of 321 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Pennbrooke Ph 1A is a 321-home section in Leesburg where the homes were built between 1987 and 2012, with the middle of the pack dating to the early 1990s. The single price signal we have is the median, and with a median living area around 1,192 square feet, this is a compact-footprint community. Price here is driven by condition and updates more than by size, because the floor plans don't vary as widely as a mixed-era subdivision would.

About 63% of homes carry a homestead exemption, which points to a stable ownership base and a measured pace of turnover rather than heavy investor churn. For a buyer, that usually means fewer listings and less negotiating theater; for a seller, it means your comps lean on condition, so the updated homes set the ceiling and the deferred-maintenance ones set the floor. Price the work honestly and the home moves.

Best for

  • Buyers seeking a smaller, lower-footprint home in an established Leesburg setting
  • Value-minded buyers willing to update an older home to build equity through condition
  • Buyers who want a settled, low-turnover community and are patient on inventory

Probably not for

  • Buyers who need substantial living space above the roughly 1,192-square-foot median
  • Buyers wanting a fully renovated, no-work-needed home with no budget for systems
  • Investors expecting rapid turnover and a deep flow of listings to choose from

The market around Pennbrooke Ph 1A

Pennbrooke Ph 1A is a small community — 53 recorded sales on file, most recently in 2015 — too few for its own price trend. Here is the market around it.

Across Lake County, 3,176 homes are active and 1,107 pending (26% under contract).

The housing mix here is 73% manufactured home - post 1977, 22% single family residence, 3% ?.

ZIP and county figures describe the wider market, not Pennbrooke Ph 1A specifically. Momentum Research analysis of MLS records.

If we were buying in Pennbrooke Ph 1A 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 1A.

Best Buy
Buyers who want a compact, established home in Leesburg and are comfortable reading condition.
Biggest Risk
The wide 1987-2012 build span means systems age varies sharply from home to home.
Sweet Spot
An updated home priced against the median, where recent work is clearly documented.
Avoid If
You need large square footage or want a fully turnkey home with zero deferred maintenance.

A condition-driven market

With a build range spanning 1987 to 2012 and a median living area near 1,192 square feet, Pennbrooke Ph 1A reads as a consistent, modest-footprint community. When homes are this similar in scale, the market stops paying for size and starts paying for kitchens, roofs, HVAC age, and finishes. Two homes on the same street can sit far apart in value purely on what has been touched since the original build.

The older 1987-era homes and the newer 2012 builds live under the same address, so due diligence matters. Ask when the roof and systems were last replaced, and read the median build year — the early 1990s — as your baseline for what a typical home here has already lived through. Buyers who understand deferred maintenance can find real value; buyers expecting turnkey everything should budget for the difference.

The location and the amenities are priced into every listing in Pennbrooke Ph 1A. 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 market this condition-sensitive, the comp that matters is the one that matches your home's actual updates — not just its square footage or street. We price off what's been done and what hasn't, tell sellers where the pre-list dollars pay back, and help buyers separate a fair fixer from an overpriced one. That's the whole job in a community like Pennbrooke Ph 1A.

Pennbrooke Ph 1A in 15 seconds.

Best forBuyers who want a compact, established home in Leesburg and are comfortable reading condition.
Biggest advantageA stable ownership base and consistent floor plans make comps and pricing straightforward.
Biggest riskThe wide 1987-2012 build span means systems age varies sharply from home to home.
Sweet spotAn updated home priced against the median, where recent work is clearly documented.
Avoid ifYou need large square footage or want a fully turnkey home with zero deferred maintenance.

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 1A sales matched to your home.

What is your Pennbrooke Ph 1A home worth?

Get a no-obligation home value based on real comparable sales in Pennbrooke Ph 1A, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Pennbrooke Ph 1A?
The Florida DOR 2025 assessment roll shows 321 homes plus 1 vacant residential lots in Pennbrooke Ph 1A (public records).
What share of Pennbrooke Ph 1A is owner-occupied?
63% of Pennbrooke Ph 1A 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 1A built?
Homes in Pennbrooke Ph 1A were built between 1987 and 2012, with a median year built of 1992.5 (FL DOR 2025 roll).
Do cash buyers compete in Pennbrooke Ph 1A?
Cash buyers took 0% of Pennbrooke Ph 1A sales in the 12 months ending June 2020 (0 of 3 closings, Stellar MLS).
Who is the best real estate agent for Pennbrooke Ph 1A?
The best agent for Pennbrooke Ph 1A 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 1A.
How do I find a top Leesburg real estate agent who knows Pennbrooke Ph 1A?
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 1A and the wider Leesburg area.
Can Momentum Realty connect me with an agent for Pennbrooke Ph 1A?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Pennbrooke Ph 1A purchase or sale - no call center and no pressure.
Buyers seeking a smaller, lower-footprint home in an established Leesburg settingExcellent fit
Value-minded buyers willing to update an older home to build equity through conditionExcellent fit
Buyers who want a settled, low-turnover community and are patient on inventoryExcellent fit
Buyers who need substantial living space above the roughly 1,192-square-foot medianProbably not
Buyers wanting a fully renovated, no-work-needed home with no budget for systemsProbably not
Investors expecting rapid turnover and a deep flow of listings to choose fromProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (5 streets, ZIP 34748))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2007 (63 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 your area comps.

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