Silverwood
Homes for Sale in Leesburg, FL

A small, cohesive Leesburg subdivision built in a two-year window, with homes clustered near 1,961 square feet and a strong owner-occupied base — the kind of place where what sells is the individual house, not the address.

Stellar MLS sales records identify 32 homes in Silverwood that have changed hands since 2005, built between 2004 and 2005 (median 2005), with a median living area of about 1,945 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.

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.

Silverwood 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 Silverwood specifically. Momentum Research analysis of MLS records.

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.

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.

Listings in this community report association dues of about $35 per month ($420 a year) — the median AssociationFee across 12 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.