Silverwood Sub
Homes for Sale in Leesburg, FL

Community in Leesburg · Lake County
32 homesBuilt 2004–2005
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Stellar MLS data14 years of closingsFL DOR public recordsUpdated twice daily
Live · Silverwood Sub Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
2
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
88%
Owner-occupied · Silverwood Sub
28 of 32 parcels homesteaded (FL DOR 2025)
12%
Non-owner-occupied · Silverwood Sub
incl. 6% trust or LLC-held · 6% out-of-state
0%
Cash buyers · Silverwood Sub
0 of 4 sales, 12 mo ending June 2022
32
Homes in the community
32 residential parcels (FL DOR 2025)
Track record · 14 years of records
Est. 2004
Community established
homes built 2004-2005, median 2005 (FL DOR 2025)
0
Failed listings · 2021
peaked at 1 in 2006
6.2%/yr
Turnover rate
about 2 of 32 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Silverwood is a tight, single-vintage subdivision in Leesburg — 32 homes built across 2004 and 2005, with a median around 1,961 square feet. When the stock is this uniform in age and size, price is driven less by the floor plan and more by condition and updates. Two homes that look identical on paper can trade well apart depending on roof, HVAC age, and interior work. That is where the spread lives here.

The other number that matters is the homestead share: about 88% of these homes are owner-occupied under homestead. That points to a community held by long-term owners rather than churned by investors, which typically means fewer listings and a slower cadence of turnover. Buyers should expect to move when inventory appears; sellers benefit from scarcity but should still price to condition, not to hope.

Best for

  • A patient buyer ready to move quickly when a Leesburg listing appears in a thin-inventory market
  • Someone seeking a consistent single-story-era footprint around 1,961 square feet without paying for size guesswork
  • A buyer comfortable budgeting for roof/HVAC diligence on a home past 20 years old

Probably not for

  • Anyone who needs to compare a dozen active listings side by side before committing
  • A buyer set on new construction or a wide range of floor plans
  • A short-term flipper counting on rapid turnover in a heavily owner-occupied subdivision

The market around Silverwood Sub

Silverwood Sub is a small community — 5 recorded sales on file, most recently in 2021 — too few for its own price trend. Here is the market around it.

Across Lake County, 3,176 homes are active and 1,107 pending (26% under contract).

Homes here are single family residence.

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

If we were buying in Silverwood Sub today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Silverwood Sub.

Best Buy
Buyers who want a consistent mid-2000s home near 1,961 square feet in a stable, owner-occupied pocket of Leesburg.
Biggest Risk
Homes are two decades old, so roof and system age can vary widely and drive the spread between otherwise similar houses.
Sweet Spot
An updated home with recent big-ticket items, priced to its actual condition.
Avoid If
You need many listings to choose from or want new construction.

A single-vintage pocket where condition sets the price

With only 32 homes all built in 2004 and 2005, Silverwood behaves like one product line. The median living area of roughly 1,961 square feet tells you the footprint is consistent, so the questions that decide value are mechanical and cosmetic: has the roof been replaced, how old is the system, has the kitchen or flooring been touched. On homes now past the two-decade mark, those items are the negotiation.

Turnover is thin. A high homestead share and a low closing count in the current window mean listings do not come often, and the ones that do get real attention. That works for a patient buyer who is ready to act, and for a seller who prepares the house rather than testing the market. It works against anyone who wants many options to compare at once.

The location and the amenities are priced into every listing in Silverwood Sub. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a subdivision this small, the comps are few and the details decide the deal. We track what actually closes in Silverwood, read each home against its condition rather than the neighbor's list price, and tell you plainly when a roof, system, or update gap should move the number. That is the difference between guessing and pricing here.

Silverwood Sub in 15 seconds.

Best forBuyers who want a consistent mid-2000s home near 1,961 square feet in a stable, owner-occupied pocket of Leesburg.
Biggest advantageA uniform housing stock and a strong homestead base make value comparisons cleaner and turnover deliberate.
Biggest riskHomes are two decades old, so roof and system age can vary widely and drive the spread between otherwise similar houses.
Sweet spotAn updated home with recent big-ticket items, priced to its actual condition.
Avoid ifYou need many listings to choose from or want new construction.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

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

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Silverwood Sub sales matched to your home.

What is your Silverwood Sub home worth?

Get a no-obligation home value based on real comparable sales in Silverwood Sub, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Silverwood Sub?
The Florida DOR 2025 assessment roll shows 32 homes in Silverwood Sub (public records).
What share of Silverwood Sub is owner-occupied?
88% of Silverwood Sub parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Silverwood Sub built?
Homes in Silverwood Sub were built between 2004 and 2005, with a median year built of 2005.0 (FL DOR 2025 roll).
Do cash buyers compete in Silverwood Sub?
Cash buyers took 0% of Silverwood Sub sales in the 12 months ending June 2022 (0 of 4 closings, Stellar MLS).
Who is the best real estate agent for Silverwood Sub?
The best agent for Silverwood Sub is one who actively works Leesburg and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Silverwood Sub.
How do I find a top Leesburg real estate agent who knows Silverwood Sub?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Silverwood Sub and the wider Leesburg area.
Can Momentum Realty connect me with an agent for Silverwood Sub?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Silverwood Sub purchase or sale - no call center and no pressure.
A patient buyer ready to move quickly when a Leesburg listing appears in a thin-inventory marketExcellent fit
Someone seeking a consistent single-story-era footprint around 1,961 square feet without paying for size guessworkExcellent fit
A buyer comfortable budgeting for roof/HVAC diligence on a home past 20 years oldExcellent fit
Anyone who needs to compare a dozen active listings side by side before committingProbably not
A buyer set on new construction or a wide range of floor plansProbably not
A short-term flipper counting on rapid turnover in a heavily owner-occupied subdivisionProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (2 streets, ZIP 34788))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2012 (20 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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