Royal Oak Estates 3Rd Add
Homes for Sale in LEESBURG, FL

Royal Oak Estates 3rd Addition is a small, gated section of Leesburg in Lake County built out mostly in the 1990s, with amenities that include a clubhouse, fitness center, and pool. At 44 homes total, it is a compact community where inventory moves in small increments rather than waves.

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.

Royal Oak Estates 3Rd Add is a small community — 17 recorded sales on file, most recently in 2024 — too few for its own price trend. Here is the market around it.

In ZIP 34748, 604 homes are on the market and 19% are under contract — a steady corner of LEESBURG.

Across Lake County, 3,224 homes are active and 1,105 pending (26% under contract).

Homes here are villa.

ZIP and county figures describe the wider market, not Royal Oak Estates 3Rd Add specifically. Momentum Research analysis of MLS records.

The homes here run a modest median living area of roughly 1,288 square feet, which points to a community built around efficient, single-story or compact footprints rather than larger executive-style construction. Combined with the narrow 1988–2003 build window, most homes share a similar scale and layout logic, so differentiation tends to come down to lot position, updates, and how well a given home has been maintained since it was built.

Homestead exemption is filed on about 38.6% of homes, which suggests a meaningful share of the community functions as non-primary or investment property. That is useful context for both sides of a transaction: sellers should know their buyer pool may include investment-minded purchasers as well as owner-occupants, and buyers should factor in that turnover patterns here may differ from a community where nearly every home is a primary residence.

In a community with only a handful of homes ever on the market at once, the deal is won or lost in the details—accurate read on condition, realistic pricing against a thin comp set, and knowing which HOA terms actually affect resale. That is where a broker who tracks this specific pocket of Leesburg, not just the broader Lake County market, earns its keep.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.