Silver Lake Hill
Homes for Sale in Leesburg, FL

Silver Lake Hill Sub is a modest-sized, established neighborhood in Leesburg with a wide range of build years and a high share of owner-occupied (homestead) properties, suggesting longer average hold times relative to a rental-heavy or investor-heavy pocket.

Stellar MLS sales records identify 47 homes in Silver Lake Hill that have changed hands since 2004, built between 1988 and 2004 (median 1995), with a median living area of about 1,972 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 4 qualified sales in Silver Lake Hill across 2024 - 2025 (2 in 2024, 2 in 2025), median $395,000 - 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 Hill 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 Silver Lake Hill specifically. Momentum Research analysis of MLS records.

• Treadway Elem · Elementary
• Oak Park Middle · Middle
• Leesburg High · High

Zoned schools reflect the assignments reported on recent Silver Lake Hill listings and can change; always confirm with Lake County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Silver Lake Hill address.

At 74 homes, Silver Lake Hill is not a large subdivision, and the current snapshot shows just one active listing - this is a market where inventory turns over slowly and any single listing can look unusual in isolation. The median living area sits just over 2,000 square feet, with a build range running from the early 1960s through as recently as 2021, so buyers will find a genuine mix of eras and likely a mix of original systems versus more recently updated homes within the same streets.

No community amenities are identified from current MLS data, so whatever draws a buyer here is likely the home itself, the lot, or the Leesburg location rather than a shared clubhouse, pool, or gate. The homestead share of 86.5% points to a community where a large majority of owners have filed for homestead exemption, typically a signal of longer-term occupancy rather than short-hold or rental turnover.

In a subdivision with this little active inventory and no recent closings to lean on, pricing a home well - or making a competitive but sound offer - depends on pulling comps from the broader Leesburg market and reading each property's condition carefully rather than trusting a thin internal dataset. That is exactly the kind of legwork we do before a number ever goes on paper.

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