Shademoor Acres
Homes for Sale in Leesburg, FL

A compact, older Leesburg subdivision of modest-sized homes (median living area 1176 square feet) where inventory is scarce enough that each listing effectively sets its own market.

Stellar MLS sales records identify 32 homes in Shademoor Acres that have changed hands since 2005, built between 1958 and 2025 (median 1977), with a median living area of about 1,248 sq ft and a typical 3-bedroom, 2-bath layout; 97% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

County records show 5 qualified sales in Shademoor Acres across 2024 - 2025 (4 in 2024, 1 in 2025), median $254,000 - the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

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.

Shademoor Acres is too small for its own price trend, so here is the market around it.

In ZIP 34788, 181 homes are on the market and 20% are under contract — a steady corner of Leesburg.

Across Lake County, 3,234 homes are active and 1,077 pending (25% under contract).

In ZIP 34788 (LEESBURG), 330 homes closed in the last 12 months at a median of $250K ($160/sq ft), down 2.7% year over year, with a median 69 days on market. Right now 81 active and 22 pending listings put supply at about 4.2 months - a buyer's market. See the live ZIP 34788 housing market and the Lake County market.

ZIP and county figures describe the wider market, not Shademoor Acres specifically. Momentum Research analysis of MLS records.

The defining fact about Shademoor Acres First Add is its size: 57 homes, one active listing as of this snapshot. That is not enough volume to lean on neighborhood-wide pricing trends the way you would in a larger subdivision. Every transaction here is closer to a one-off negotiation than a data point in a trend line, which raises the value of a real walkthrough and a tight comp set pulled from actual recent activity rather than broad averages.

Homes were originally built as early as 1957, with construction continuing as recently as 2023, and a median year built of 1977 sitting in between. That means the community is not uniform - some homes are original-era construction, some have been substantially rebuilt or replaced. Living space runs modest, with a median around 1176 square feet, and roughly six in ten homes here carry a homestead exemption, pointing to a base of longer-term ownership rather than heavy investor or rental turnover. No community amenities are identified in current MLS listings, so this reads as a straightforward, non-amenitized residential pocket rather than a planned or amenity-driven subdivision.

In a community this thin on inventory, generic market reports do not tell you much - what matters is knowing the handful of homes that have actually sold or listed recently and pricing against those specifics, not neighborhood-wide medians. We track that granular, listing-by-listing history so a buyer or seller here is negotiating from real comparables, not guesswork.

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