Somerset Ests Ph I
Homes for Sale in Clermont, FL

Community in Clermont · Lake County
133 homesBuilt 2001–2003
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Built fromLive Stellar MLS data15 years of closingsFL DOR public recordsUpdated twice daily
Live · Somerset Ests Ph I Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
1
Sold · last 12 mo
10-yr average: about 0 a year
Ownership and context
81%
Owner-occupied · Somerset Ests Ph I
108 of 133 parcels homesteaded (FL DOR 2025)
19%
Non-owner-occupied · Somerset Ests Ph I
incl. 7% trust or LLC-held · 6% out-of-state
133
Homes in the community
133 residential parcels (FL DOR 2025)
Track record · 15 years of records
Est. 2001
Community established
homes built 2001-2003, median 2002 (FL DOR 2025)
0
Failed listings · 2019
peaked at 5 in 2013
0.8%/yr
Turnover rate
about 1 of 133 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Somerset Ests Ph I is a tightly defined pocket of 133 homes built between 2001 and 2003, so the bones are consistent across the community — early-2000s construction, a median around 2,084 square feet. When the product is this uniform, price is driven less by floor plan and more by condition, updates, and lot. Two homes of nearly identical size can trade very differently depending on whether kitchens, roofs, and systems have been touched since they were built.

The homestead share sits at roughly 81%, which tells you this is a hold-and-live community rather than a churn of rentals and flips. That tends to keep turnover measured and inventory thin. For a seller, a well-updated home in a low-supply setting has leverage; for a buyer, patience matters because the home that fits may not be listed the week you start looking.

Best for

  • Long-term owner-occupants who value a stable, low-turnover setting
  • Buyers seeking a low-2,000s-square-foot home and willing to prioritize an already-updated property
  • Patient shoppers who can move quickly when the right listing surfaces

Probably not for

  • Investors chasing high rental turnover or quick flips
  • Buyers who need brand-new construction rather than early-2000s homes
  • Anyone needing to buy on a tight timeline with no room to wait for inventory

The market around Somerset Ests Ph I

Somerset Ests Ph I is a small community — 10 recorded sales on file, most recently in 2019 — 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 Somerset Ests Ph I specifically. Momentum Research analysis of MLS records.

If we were buying in Somerset Ests Ph I 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 Somerset Ests Ph I.

Best Buy
Buyers who want consistent early-2000s homes in a stable, owner-occupied setting.
Biggest Risk
Original systems and roofs mean condition varies widely behind similar-looking listings.
Sweet Spot
An updated home near the median size that has already tackled aging systems.
Avoid If
You need immediate selection and won't wait out thin inventory.

A uniform vintage, priced on condition

With every home here built inside a three-year window and a median size just over 2,000 square feet, the value question isn't square footage — it's what's been done to the house. Roofs, HVAC, water heaters, and kitchens from the original build are now well past their first life cycle, so updated homes and deferred-maintenance homes can sit far apart in price even when the listings look similar on paper. Read the condition, not just the specs.

The high homestead share shapes the feel and the trading rhythm. Fewer investor units generally means steadier upkeep and slower, more deliberate turnover. That's a plus for stability, but it also means a buyer waiting for a specific update package or lot should expect to wait — and to move decisively when the right one appears.

The location and the amenities are priced into every listing in Somerset Ests Ph I. 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 community this uniform, the money is made or lost on condition and timing, not on picking the right floor plan. We price and position against the specific updates a home does or doesn't have, and because inventory here is thin, we watch the pipeline so buyers aren't caught flat-footed and sellers list into genuine demand.

Somerset Ests Ph I in 15 seconds.

Best forBuyers who want consistent early-2000s homes in a stable, owner-occupied setting.
Biggest advantageA uniform vintage and high owner-occupancy that keeps the community steady.
Biggest riskOriginal systems and roofs mean condition varies widely behind similar-looking listings.
Sweet spotAn updated home near the median size that has already tackled aging systems.
Avoid ifYou need immediate selection and won't wait out thin inventory.

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 Somerset Ests Ph I sales matched to your home.

What is your Somerset Ests Ph I home worth?

Get a no-obligation home value based on real comparable sales in Somerset Ests Ph I, 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 Somerset Ests Ph I?
The Florida DOR 2025 assessment roll shows 133 homes in Somerset Ests Ph I (public records).
What share of Somerset Ests Ph I is owner-occupied?
81% of Somerset Ests Ph I parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Somerset Ests Ph I built?
Homes in Somerset Ests Ph I were built between 2001 and 2003, with a median year built of 2002.0 (FL DOR 2025 roll).
Who is the best real estate agent for Somerset Ests Ph I?
The best agent for Somerset Ests Ph I is one who actively works Clermont 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 Somerset Ests Ph I.
How do I find a top Clermont real estate agent who knows Somerset Ests Ph I?
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 Somerset Ests Ph I and the wider Clermont area.
Can Momentum Realty connect me with an agent for Somerset Ests Ph I?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Somerset Ests Ph I purchase or sale - no call center and no pressure.
Long-term owner-occupants who value a stable, low-turnover settingExcellent fit
Buyers seeking a low-2,000s-square-foot home and willing to prioritize an already-updated propertyExcellent fit
Patient shoppers who can move quickly when the right listing surfacesExcellent fit
Investors chasing high rental turnover or quick flipsProbably not
Buyers who need brand-new construction rather than early-2000s homesProbably not
Anyone needing to buy on a tight timeline with no room to wait for inventoryProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (2 streets, ZIP 34711))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2011 (11 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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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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