summit chase villas phase i
Homes for Sale in Tavares, FL
True comps, carrying-cost math, and listings before the portals.
Summit Chase Villas Phase I is a small, older villa community in Tavares - 57 homes built between 1982 and 1989, with a median build year of 1988. At a median living area of 918 square feet, these are compact units, and that footprint, combined with age and individual condition, is what drives value here more than anything else. There is no community amenity package listed in current MLS data, so buyers are paying for the unit and its location, not shared facilities.
With only one closing in the most recent window, trading here is thin - this is a small, low-turnover pocket, not a high-volume subdivision. That means pricing conversations need to lean on comparable condition and recent activity rather than broad market trend lines. A homestead share of 71.9% suggests most units are owner-occupied rather than held as rentals or investment flips, which tends to support steadier upkeep across the community.
Who summit chase villas phase i is best for.
Best for
- Buyers seeking a smaller, easier-to-maintain villa rather than a larger single-family footprint
- Buyers comfortable evaluating an older (1980s-built) unit on its individual condition and updates
- Buyers who don't require community amenities and prioritize a quiet, low-turnover setting
Probably not for
- Buyers who want pool, clubhouse, or other organized community amenities on-site
- Buyers who need larger living space beyond a compact, roughly 900-square-foot footprint
- Buyers who want a wide pool of recent comparable sales to benchmark pricing against
The market around summit chase villas phase i
summit chase villas phase i is a small community — 33 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 67% villa, 30% condominium, 4% single family residence.
ZIP and county figures describe the wider market, not summit chase villas phase i specifically. Momentum Research analysis of MLS records.
The summit chase villas phase i buying strategy.
If we were buying in summit chase villas phase i today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 phase i.
A compact, owner-held villa pocket
The numbers describe a very specific product: 57 villas, all built within a tight seven-year window (1982 - 1989), with a median build year of 1988 and a median living area of just 918 square feet. That's a small-footprint, single-generation-of-construction community - homes here share a similar age profile and scale, which simplifies comparisons but also means shared systems-and-age considerations (roofs, plumbing, electrical) tend to cluster across the community rather than varying widely by phase or era.
The "Phase I" designation points to this being one section of a larger original development, and the absence of any community amenities in current MLS listings tells buyers to evaluate this purely as a housing product - not a lifestyle package. A 71.9% homestead share is a meaningful data point: it indicates most owners here treat these as primary residences rather than investment or seasonal units, which typically correlates with more consistent day-to-day upkeep of individual homes.
The location and the amenities are priced into every listing in summit chase villas phase i. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a small, low-turnover community like this - one closing in the most recent window - pricing a home correctly depends on knowing which of the 57 units have actually traded, and why. We track that activity closely so sellers aren't guessing and buyers aren't overpaying for a unit that looks similar on paper but differs in condition or updates.
summit chase villas phase i in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a summit chase villas phase i buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed summit chase villas phase i sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in summit chase villas phase i, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your summit chase villas phase i home worth?
Get a no-obligation home value based on real comparable sales in summit chase villas phase 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.
See homes for sale in summit chase villas phase i on the map →
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Lake County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Lake County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
Frequently Asked Questions
How many homes are in summit chase villas phase i?
What share of summit chase villas phase i is owner-occupied?
When were the homes in summit chase villas phase i built?
Do cash buyers compete in summit chase villas phase i?
Who is the best real estate agent for summit chase villas phase i?
How do I find a top Tavares real estate agent who knows summit chase villas phase i?
Can Momentum Realty connect me with an agent for summit chase villas phase i?
Should you buy in summit chase villas phase i?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (4 streets, ZIP 32778)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2004 (48 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.
Own a home here?
You just read the data. Now see what your home is worth.
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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More Tavares & Lake County guides
Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Lake County or the full Neighborhood Finder.