Sunset Lakes Ph 1
Homes for Sale in Kissimmee, FL
True comps, carrying-cost math, and listings before the portals.
Sunset Lakes Ph 1 is a small, built-out pocket in Kissimmee where the homes date to a tight late-1990s window, with a median build year of 1998 and a median footprint just under 2,000 square feet. At a median of $433,750, or roughly $255 per square foot, price here is driven less by the calendar and more by condition — what's been updated since the original build and what hasn't. Expect a wide spread between a lightly touched original interior and one that's been reworked.
The market posture is patient. A median of 59 days on market — call it two months — and year-over-year pricing off about 1.2% both say the same thing: this is not a bidding-war environment. Buyers have room to inspect, negotiate, and walk if the numbers don't work. Sellers should price to the condition of the house, not to a hoped-for number, because homes that sit here tend to be the ones that were optimistic on day one.
Sunset Lakes Ph 1 right now
🟡 Off the recent peak. The trailing-12-month median ($434K) is down 1.2% from the prior 12 months ($439K). With about 4 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending July 13. Confidence: Low (8 and 5 sales in the two windows).
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Updated July 13, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Sunset Lakes Ph 1 market snapshot (as of July 13, 2026): the median sale price is about $434K ($255 per sq ft over the trailing 12 months of closed sales), and a median 59 days on market for closed sales. The trailing-12-month median is down 1% from the prior 12 months, computed from record-level Stellar MLS closed sales (8 closings in the current window).
Sunset Lakes Ph 1 is a community of 140 homes in Kissimmee, Osceola County, built between 1996 and 2000 (median 1998.0), with a median living area of about 1,982 square feet. 24% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
This is a compact, fully built-out community of about 140 homes from a narrow 1996-2000 vintage, so inventory is finite and turnover is thin — only 8 closings in the trailing window. What varies most between listings is upkeep, not layout or age.
Who Sunset Lakes Ph 1 is best for.
Best for
- Buyers around the mid-$400s who want an established layout and will factor renovation budget into the offer
- Owner-occupants planning a longer hold who aren't counting on quick equity gains
- Value-focused buyers willing to trade patience for negotiating leverage in a slow-moving market
Probably not for
- Buyers needing a fully turnkey home with no near-term roof or HVAC spend
- Anyone counting on rapid short-term appreciation, given the slight year-over-year decline
- Buyers who want brand-new construction or a large, fast-selling inventory to choose from
The Sunset Lakes Ph 1 buying strategy.
If we were buying in Sunset Lakes Ph 1 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 Sunset Lakes Ph 1.
A condition-driven resale market
With every home in the same age band and a median size near 1,982 square feet, the pricing story comes down to what's happened inside since construction. Roofs, HVAC, kitchens, and baths from the original build cycle are now at or past the point where they need attention, and that reality should shape both offers and inspection expectations. The median per-square-foot figure of $255 is a starting reference, not a ceiling or a floor.
The homestead share sits at about 24%, meaning a meaningful portion of the homes here are not owner-occupied primary residences. That mix can affect how quickly listings turn over and how uniformly properties are maintained. For a buyer, it reinforces the case for scrutinizing each home on its own merits rather than assuming the block sets the standard.
The location and the amenities are priced into every listing in Sunset Lakes Ph 1. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Sunset Lakes Ph 1 buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (5.0). Basis: Recent Direction -1.2% year-over-year; Owner Commitment 24% owner-occupied; Pricing Power 95.3% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a thin, condition-sensitive market with only a handful of closings to read, comps are scarce and easy to misuse. We underwrite each home to its actual updates and deferred maintenance, not to a headline median, and we price and negotiate accordingly — whether that means pushing back on an optimistic list or steering a seller toward a number that actually moves.
Sunset Lakes Ph 1 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 Sunset Lakes Ph 1 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 Sunset Lakes Ph 1 sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Sunset Lakes Ph 1, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Sunset Lakes Ph 1 home worth?
Get a no-obligation home value based on real comparable sales in Sunset Lakes Ph 1, 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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Frequently Asked Questions
What is the median home price in Sunset Lakes Ph 1?
How long do homes in Sunset Lakes Ph 1 take to sell?
How many homes are in Sunset Lakes Ph 1?
What share of Sunset Lakes Ph 1 is owner-occupied?
When were the homes in Sunset Lakes Ph 1 built?
Do cash buyers compete in Sunset Lakes Ph 1?
Who is the best real estate agent for Sunset Lakes Ph 1?
How do I find a top Kissimmee real estate agent who knows Sunset Lakes Ph 1?
Can Momentum Realty connect me with an agent for Sunset Lakes Ph 1?
Should you buy in Sunset Lakes Ph 1?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending July 13, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (4 streets, ZIP 34747)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2024 (13 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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