Royal Highlands Ph 2
Homes for Sale in Leesburg, FL

Community in Leesburg · Lake County
162 homesBuilt 2001–2010
Free · No obligation
Talk to a Royal Highlands Ph 2 Expert

True comps, carrying-cost math, and listings before the portals.

Built fromLive Stellar MLS data18 years of closingsFL DOR public recordsUpdated twice daily
Live · Royal Highlands Ph 2 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
2
Sold · last 12 mo
10-yr average: about 0 a year
Ownership and context
83%
Owner-occupied · Royal Highlands Ph 2
134 of 162 parcels homesteaded (FL DOR 2025)
17%
Non-owner-occupied · Royal Highlands Ph 2
incl. 9% trust or LLC-held · 7% out-of-state
162
Homes in the community
162 residential parcels (FL DOR 2025)
Track record · 18 years of records
Est. 2001
Community established
homes built 2001-2010, median 2004 (FL DOR 2025)
0
Failed listings · 2015
peaked at 10 in 2014
1.2%/yr
Turnover rate
about 2 of 162 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Royal Highlands Ph 2 is a defined-vintage pocket in Leesburg, with homes built between 2001 and 2010 and a median build year of 2004. That consistency matters: when the stock is this uniform, price is driven less by architecture and more by condition, updates, and lot position. Two similar-sized homes here can trade well apart based purely on whether kitchens, roofs, and systems have been touched in the last several years.

The homestead share is high at roughly 83%, which tells you this is an owner-occupied enclave rather than an investor churn zone. That tends to mean well-kept homes and fewer distressed listings, but it also means turnover is thin — only a couple of closings in the recent window. Sellers have pricing support from scarcity; buyers should expect to move decisively when the right home in updated condition appears, because comparable inventory does not sit on the shelf.

Best for

  • Long-hold buyers who want a settled, owner-occupied setting and plan to stay put rather than flip
  • Buyers with a renovation budget who can add value by updating a dated but structurally sound home
  • Move-in-ready buyers willing to pay up for a home with documented recent systems and act quickly when one lists

Probably not for

  • Buyers who need a wide menu of active listings to compare in a single search
  • Buyers seeking new-construction finishes and current-code systems without a renovation project
  • Investors chasing quick turnover, since this is a low-churn, owner-occupied market

The market around Royal Highlands Ph 2

Royal Highlands Ph 2 is a small community — 54 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).

Homes here are single family residence.

ZIP and county figures describe the wider market, not Royal Highlands Ph 2 specifically. Momentum Research analysis of MLS records.

If we were buying in Royal Highlands Ph 2 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 Royal Highlands Ph 2.

Best Buy
Buyers who want a mature, owner-occupied Leesburg community with a predictable floor plan footprint.
Biggest Risk
Two-decade-old systems mean deferred-maintenance exposure varies sharply home to home.
Sweet Spot
An updated home near the 1,893-sqft median with documented recent roof and HVAC work.
Avoid If
You need frequent inventory to choose from or want new construction.

A condition-driven resale market

With a median living area near 1,893 square feet and a two-decade-old build vintage, the homes here are past their original finishes and mechanical warranties. That's the core dynamic: components like roofs, HVAC, and water heaters are at or approaching typical replacement age. Buyers should budget accordingly and read every inspection line item; sellers who have documented recent updates hold a genuine, defensible edge on price.

Because the housing stock is so uniform, there is no meaningful spread from architectural variety — the price spread you see comes almost entirely from finish level and deferred maintenance. We anchor pricing to the median rather than to any invented range, and we work the comps by condition tier. Expect a wide gap between move-in-ready and needs-work homes despite similar square footage.

The location and the amenities are priced into every listing in Royal Highlands Ph 2. 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 thin-turnover community like this, the winning move is condition-adjusted pricing, and that requires a broker who has walked the comparable homes and knows which ones had updated systems and which were priced on square footage alone. We track the closings as they land, coach sellers on the updates that actually move a number, and keep buyers realistic about post-close capital needs on a home of this age.

Royal Highlands Ph 2 in 15 seconds.

Best forBuyers who want a mature, owner-occupied Leesburg community with a predictable floor plan footprint.
Biggest advantageHigh homestead share and thin turnover give well-kept listings real pricing support.
Biggest riskTwo-decade-old systems mean deferred-maintenance exposure varies sharply home to home.
Sweet spotAn updated home near the 1,893-sqft median with documented recent roof and HVAC work.
Avoid ifYou need frequent inventory to choose from or want new construction.

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 Royal Highlands Ph 2 sales matched to your home.

What is your Royal Highlands Ph 2 home worth?

Get a no-obligation home value based on real comparable sales in Royal Highlands Ph 2, 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 Royal Highlands Ph 2 on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Royal Highlands Ph 2?
The Florida DOR 2025 assessment roll shows 162 homes in Royal Highlands Ph 2 (public records).
What share of Royal Highlands Ph 2 is owner-occupied?
83% of Royal Highlands Ph 2 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Royal Highlands Ph 2 built?
Homes in Royal Highlands Ph 2 were built between 2001 and 2010, with a median year built of 2004.0 (FL DOR 2025 roll).
Who is the best real estate agent for Royal Highlands Ph 2?
The best agent for Royal Highlands Ph 2 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 Royal Highlands Ph 2.
How do I find a top Leesburg real estate agent who knows Royal Highlands Ph 2?
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 Royal Highlands Ph 2 and the wider Leesburg area.
Can Momentum Realty connect me with an agent for Royal Highlands Ph 2?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Royal Highlands Ph 2 purchase or sale - no call center and no pressure.
Long-hold buyers who want a settled, owner-occupied setting and plan to stay put rather than flipExcellent fit
Buyers with a renovation budget who can add value by updating a dated but structurally sound homeExcellent fit
Move-in-ready buyers willing to pay up for a home with documented recent systems and act quickly when one listsExcellent fit
Buyers who need a wide menu of active listings to compare in a single searchProbably not
Buyers seeking new-construction finishes and current-code systems without a renovation projectProbably not
Investors chasing quick turnover, since this is a low-churn, owner-occupied marketProbably 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 2008 (39 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.

Looking to buy here? Search homes for sale →

What’s your home worth in your area?

A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.

By submitting, you agree that EAB RE INVESTMENTS LLC (Momentum Realty) and its agents may call, email, and text you about your inquiry, which may involve automated means and prerecorded or artificial voices. You do not need to consent as a condition of buying any property, goods, or services. To opt out, reply STOP at any time or reply HELP for assistance. You can also click the unsubscribe link in emails. Message and data rates may apply. Message frequency may vary. See our Privacy Policy and SMS Terms.or call (904) 351-6461
CallFree valuation →
Talk to a Local Royal Highlands Ph 2 Expert
Call Get Listings