Pennbrooke Ph 1H
Homes for Sale in Leesburg, FL

Community in Leesburg · Lake County
197 homesBuilt 1988–2004
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Built fromLive Stellar MLS data19 years of closingsFL DOR public recordsUpdated twice daily
Live · Pennbrooke Ph 1H 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 0 a year
Ownership and context
77%
Owner-occupied · Pennbrooke Ph 1H
151 of 197 parcels homesteaded (FL DOR 2025)
23%
Non-owner-occupied · Pennbrooke Ph 1H
incl. 9% trust or LLC-held · 16% out-of-state
197
Homes in the community
197 residential parcels (FL DOR 2025)
Track record · 19 years of records
Est. 1988
Community established
homes built 1988-2004, median 1997 (FL DOR 2025)
0
Failed listings · 2015
peaked at 7 in 2009
0.5%/yr
Turnover rate
about 1 of 197 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Pennbrooke Ph 1H is a mature Leesburg community of 197 homes built between 1988 and 2004, with the median home dating to 1997. At a median of roughly 1,659 living square feet, these are right-sized single-story-era floor plans, and price here is driven far more by condition and updates than by square footage. Two homes of the same size can trade well apart depending on whether the kitchen, roof, and systems have been touched since the original build.

With homestead occupancy at about 77%, this is a settled, owner-occupied community rather than a churn-heavy investor pool, which tends to keep inventory measured and negotiations pragmatic. For a buyer, that means judging each listing on its updates, not the headline stat. For a seller, it means renovation dollars — not just listing at the median — are what move you above the pack.

Best for

  • Buyers prioritizing a manageable, right-sized single-level home over maximum square footage
  • Buyers willing to renovate an original-condition home and capture the condition gap
  • Long-hold owners who value a stable, predominantly owner-occupied community

Probably not for

  • Buyers who need a large or newer home well above the ~1,659-sqft median
  • Buyers unwilling to budget for aging roof, HVAC, and original finishes
  • Investors seeking high turnover and a deep rental inventory

The market around Pennbrooke Ph 1H

Pennbrooke Ph 1H is a small community — 21 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 88% single family residence, 12% ?.

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

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

Best Buy
Buyers who want a compact, single-level footprint in an established Leesburg community.
Biggest Risk
Late-1990s build era means aging systems — roof, HVAC, and original finishes drive cost.
Sweet Spot
An updated home near the ~1,659-sqft median where the big-ticket items are already done.
Avoid If
You need large square footage or a fast-moving, high-turnover market.

Condition is the price

With a build window spanning 1988 to 2004 and a median year of 1997, the housing stock here is old enough that major systems — roof, HVAC, and original kitchens and baths — are the real variable. When you tour, look past the square footage and ask what has been replaced and when. A well-maintained or renovated home in this community commands a meaningfully different number than an original-condition one, even at the same footprint.

The tight 1,659-square-foot median points to consistent, manageable floor plans rather than a wide range of sizes. That consistency is useful: comparables are genuinely comparable, so once you understand what updated versus dated looks like here, pricing becomes readable. The high homestead share reinforces a slower, more deliberate market where turnover is limited and sellers tend to hold firm on well-presented homes.

The location and the amenities are priced into every listing in Pennbrooke Ph 1H. 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 this size and this consistent, the whole game is reading condition against the median correctly — and there is limited turnover to learn from. We walk the systems with you, benchmark updates against recent closings, and tell you plainly when a listing is priced on its cosmetics rather than its bones. Whether you are buying or selling in Pennbrooke Ph 1H, we keep the number tied to what the home actually is.

Pennbrooke Ph 1H in 15 seconds.

Best forBuyers who want a compact, single-level footprint in an established Leesburg community.
Biggest advantageA settled, owner-occupied community with consistent, readable floor plans.
Biggest riskLate-1990s build era means aging systems — roof, HVAC, and original finishes drive cost.
Sweet spotAn updated home near the ~1,659-sqft median where the big-ticket items are already done.
Avoid ifYou need large square footage or a fast-moving, high-turnover market.

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 1H sales matched to your home.

What is your Pennbrooke Ph 1H home worth?

Get a no-obligation home value based on real comparable sales in Pennbrooke Ph 1H, 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 1H?
The Florida DOR 2025 assessment roll shows 197 homes in Pennbrooke Ph 1H (public records).
What share of Pennbrooke Ph 1H is owner-occupied?
77% of Pennbrooke Ph 1H 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 1H built?
Homes in Pennbrooke Ph 1H were built between 1988 and 2004, with a median year built of 1997 (FL DOR 2025 roll).
Who is the best real estate agent for Pennbrooke Ph 1H?
The best agent for Pennbrooke Ph 1H 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 1H.
How do I find a top Leesburg real estate agent who knows Pennbrooke Ph 1H?
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 1H and the wider Leesburg area.
Can Momentum Realty connect me with an agent for Pennbrooke Ph 1H?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Pennbrooke Ph 1H purchase or sale - no call center and no pressure.
Buyers prioritizing a manageable, right-sized single-level home over maximum square footageExcellent fit
Buyers willing to renovate an original-condition home and capture the condition gapExcellent fit
Long-hold owners who value a stable, predominantly owner-occupied communityExcellent fit
Buyers who need a large or newer home well above the ~1,659-sqft medianProbably not
Buyers unwilling to budget for aging roof, HVAC, and original finishesProbably not
Investors seeking high turnover and a deep rental inventoryProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (4 streets, ZIP 34748))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2007 (28 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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