Shantiniketan
Homes for Sale in Tavares, FL

Shantiniketan is a gated, deed-restricted community in Tavares (Lake County) built around a clubhouse and fitness center, with active inventory currently limited to two listings.

Stellar MLS sales records identify 45 homes in Shantiniketan that have changed hands since 2018, built between 2010 and 2023 (median 2013), with a median living area of about 1,057 sq ft and a typical 2-bedroom, 2-bath layout; 100% are condominiums. 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.

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

In ZIP 32778, 339 homes are on the market and 20% are under contract — a steady corner of Tavares.

Across Lake County, 3,179 homes are active and 1,077 pending (25% under contract).

In ZIP 32778 (TAVARES), 713 homes closed in the last 12 months at a median of $330K ($183/sq ft), down 4.9% year over year, with a median 69 days on market. Right now 131 active and 35 pending listings put supply at about 4.4 months - a balanced market. See the live ZIP 32778 housing market and the Lake County market.

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

The amenity set here (clubhouse, fitness center, gated access, community mailbox, deed restrictions, special community restrictions) points to a structured, HOA-governed environment rather than a loosely organized subdivision. Gate access is listed without a guard, so it functions more as controlled entry than staffed security, and buyers should confirm current operation directly with the HOA rather than assume anything from the listing description.

Deed restrictions and special community restrictions layered on top of standard HOA governance suggest this community has more rules in place than a typical unrestricted neighborhood. That can be a plus for anyone who wants consistency in how the community looks and operates, but it also means due diligence on the governing documents is not optional here, it is central to whether the community fits.

In a community with only two active listings, generic market data will not tell you much. We track this inventory directly, verify HOA and deed-restriction details before you write an offer, and help you evaluate each available unit on its own condition and terms rather than against a market average that does not really exist here.

Listings in this community report association dues of about $438 per month ($5,256 a year) - the median AssociationFee across 10 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.