Summit Chase Villas Ph 01
Homes for Sale in Tavares, FL

Community in Tavares · Lake County
53 homesBuilt 1982–1989
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Built fromLive Stellar MLS data11 years of closingsFL DOR public recordsUpdated twice daily
Live · Summit Chase Villas Ph 01 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 1 a year
Ownership and context
72%
Owner-occupied · Summit Chase Villas Ph 01
38 of 53 parcels homesteaded (FL DOR 2025)
28%
Non-owner-occupied · Summit Chase Villas Ph 01
incl. 8% trust or LLC-held · 6% out-of-state
67%
Cash buyers · Summit Chase Villas Ph 01
2 of 3 sales, 12 mo ending June 2024
53
Homes in the community
53 residential parcels (FL DOR 2025)
Track record · 11 years of records
Est. 1982
Community established
homes built 1982-1989, median 1987 (FL DOR 2025)
0
Failed listings · 2023
peaked at 2 in 2015
1.9%/yr
Turnover rate
about 1 of 53 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Summit Chase Villas is a compact villa community in Tavares, built out across the 1980s with a median vintage of 1987 and homes around 918 square feet. At this size and age, price here is driven less by location and more by condition: what a seller has done with kitchens, baths, roof, and HVAC will separate one villa from the next far more than square footage will.

With only 53 homes and a thin closings window, this is a low-turnover market where comps are scarce and any single sale carries weight. Sellers should price to condition and be patient; buyers should underwrite the deferred-maintenance items that come with a home of this era rather than lean on a comp that may be months old and not truly comparable.

Best for

  • Buyers prioritizing a compact, low-upkeep home over square footage
  • Long-hold owner-occupants comfortable with a slow, low-turnover market
  • Value-minded buyers willing to renovate an older villa and hold for the long term

Probably not for

  • Buyers who need larger square footage or multiple floor-plan options
  • Anyone wanting a wide selection of listings and quick availability
  • Investors chasing high transaction volume or frequent flips

The market around Summit Chase Villas Ph 01

Summit Chase Villas Ph 01 is a small community — 4 recorded sales on file, most recently in 2023 — 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).

The housing mix here is 70% villa, 28% condominium, 2% single family residence.

ZIP and county figures describe the wider market, not Summit Chase Villas Ph 01 specifically. Momentum Research analysis of MLS records.

If we were buying in Summit Chase Villas Ph 01 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 Summit Chase Villas Ph 01.

Best Buy
Buyers who want a low-maintenance, single-story villa footprint and are patient about inventory.
Biggest Risk
Thin turnover and few comps make pricing and timing harder than in a larger community.
Sweet Spot
An updated villa bought after budgeting for any original systems still in place.
Avoid If
You need space, variety of floor plans, or a fast, deep pool of listings to choose from.

A condition-driven villa market

The defining fact here is uniformity of vintage paired with modest size. Homes sit in a tight 1982–1989 band around a median 918 square feet, so buyers are largely comparing the same product at different stages of upkeep. That means the spread in value is real but qualitative — an updated unit versus one still carrying original systems — not a function of floor plan variety.

Roughly 72% of homes here are homesteaded, which points to a base of long-term owner-occupants and helps explain the slow turnover. For a buyer, that stability can mean fewer listings and a longer wait for the right one. For a seller, it means your villa is being weighed against a small, well-known set of neighbors — presentation and updates are how you stand out.

The location and the amenities are priced into every listing in Summit Chase Villas Ph 01. 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 53-home community with limited recent sales, generic pricing tools break down — there simply isn't enough data to lean on automation. We price and negotiate off the actual condition of your villa versus the few genuinely comparable units, and we help buyers scope the age-appropriate inspection items on a 1980s home before they commit.

Summit Chase Villas Ph 01 in 15 seconds.

Best forBuyers who want a low-maintenance, single-story villa footprint and are patient about inventory.
Biggest advantageA stable, uniform community where condition — not floor plan — is the main variable.
Biggest riskThin turnover and few comps make pricing and timing harder than in a larger community.
Sweet spotAn updated villa bought after budgeting for any original systems still in place.
Avoid ifYou need space, variety of floor plans, or a fast, deep pool of listings to choose from.

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 Summit Chase Villas Ph 01 sales matched to your home.

What is your Summit Chase Villas Ph 01 home worth?

Get a no-obligation home value based on real comparable sales in Summit Chase Villas Ph 01, 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 Summit Chase Villas Ph 01?
The Florida DOR 2025 assessment roll shows 53 homes in Summit Chase Villas Ph 01 (public records).
What share of Summit Chase Villas Ph 01 is owner-occupied?
72% of Summit Chase Villas Ph 01 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Summit Chase Villas Ph 01 built?
Homes in Summit Chase Villas Ph 01 were built between 1982 and 1989, with a median year built of 1987 (FL DOR 2025 roll).
Do cash buyers compete in Summit Chase Villas Ph 01?
Cash buyers took 67% of Summit Chase Villas Ph 01 sales in the 12 months ending June 2024 (2 of 3 closings, Stellar MLS).
Who is the best real estate agent for Summit Chase Villas Ph 01?
The best agent for Summit Chase Villas Ph 01 is one who actively works Tavares 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 Summit Chase Villas Ph 01.
How do I find a top Tavares real estate agent who knows Summit Chase Villas Ph 01?
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 Summit Chase Villas Ph 01 and the wider Tavares area.
Can Momentum Realty connect me with an agent for Summit Chase Villas Ph 01?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Summit Chase Villas Ph 01 purchase or sale - no call center and no pressure.
Buyers prioritizing a compact, low-upkeep home over square footageExcellent fit
Long-hold owner-occupants comfortable with a slow, low-turnover marketExcellent fit
Value-minded buyers willing to renovate an older villa and hold for the long termExcellent fit
Buyers who need larger square footage or multiple floor-plan optionsProbably not
Anyone wanting a wide selection of listings and quick availabilityProbably not
Investors chasing high transaction volume or frequent flipsProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (3 streets, ZIP 32778))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2015 (19 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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