Silver Lake Forest
Homes for Sale in Leesburg, FL

Silver Lake Forest is a modest-sized Leesburg subdivision of 102 homes built primarily in the 1990s, with median living space just over 1,800 square feet and a majority of owners holding homestead status, pointing to a community built around longer-term occupancy rather than fast resale cycles.

Stellar MLS sales records identify 54 homes in Silver Lake Forest that have changed hands since 2004, built between 1990 and 2022 (median 1992), with a median living area of about 1,957 sq ft and a typical 3-bedroom, 2-bath layout; 100% 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 12 qualified sales in Silver Lake Forest across 2024 - 2025 (11 in 2024, 1 in 2025), median $370,000 - 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.

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

In ZIP 34788, 178 homes are on the market and 16% 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 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 Silver Lake Forest specifically. Momentum Research analysis of MLS records.

The build timeline here - 1987 through 2022 - spans more than three decades, but the median year built of 1994 shows the core of the neighborhood was established in the 1990s, with later homes filling in remaining lots rather than a full redevelopment. Median living area of about 1,813 square feet puts homes here at a moderate, single-family scale, not an oversized or undersized outlier for the area.

The 72.5% homestead share is the most telling data point in this snapshot. A homestead exemption requires a home be an owner's primary residence, so a rate this high signals that most of Silver Lake Forest's inventory is owner-occupied and held for the long term rather than cycled through as rentals or quick flips. Combined with zero active listings at the time of this snapshot, that suggests a subdivision where homes simply do not come up for sale very often - buyers interested in this pocket of Leesburg should expect to move quickly and be patient about timing when something does list.

A subdivision with no active listings and a high rate of long-term ownership is not one where you can wait for a flood of comparable data to appear. We track off-market activity and owner turnover patterns in pockets like Silver Lake Forest specifically so buyers are ready the moment something surfaces, and so sellers understand what a quiet listing history means for how their home should be priced and marketed.

Listings in this community report association dues of about $39 per month ($468 a year) - the median AssociationFee across 135 MLS records, normalised to a monthly figure; most are billed annually. 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.