Royal Oak Estates
Homes for Sale in Leesburg, FL

Royal Oak Estatesition 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.

Stellar MLS sales records identify 89 homes in Royal Oak Estates that have changed hands since 2004, built between 1988 and 2007 (median 1993), with a median living area of about 1,288 sq ft and a typical 2-bedroom, 2-bath layout; 78% are townhomes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

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 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).

In ZIP 34748 (LEESBURG), 1,072 homes closed in the last 12 months at a median of $290K ($161/sq ft), down 2.6% year over year, with a median 70 days on market. Right now 240 active and 63 pending listings put supply at about 5.0 months - a buyer's market. See the live ZIP 34748 housing market and the Lake County market.

ZIP and county figures describe the wider market, not Royal Oak Estates 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.

Listings in this community report association dues of about $245 per month ($2,940 a year) - the median AssociationFee across 12 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

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