Treasure Island Shores First Add
Homes for Sale in LEESBURG, FL
True comps, carrying-cost math, and listings before the portals.
Treasure Island Shores First Add sits on Lake County's older housing stock, with a build range stretching from 1940 through 2024 and a median year built of 1981. That spread means condition, not curb appeal alone, drives value here — a home updated in the last decade competes on very different terms than one still carrying its original systems, even a few doors apart.
With zero active listings at this snapshot, there is no current inventory to benchmark against, and that alone tells a seller something: when a home does come up, there is little on-market competition to price against. For a buyer, that means patience and a direct approach to the neighborhood may matter more than watching a portal.
The 60-Second Overview
Treasure Island Shores First Add is a 154-home community in Leesburg where roughly seven in ten homes are owner-occupied under homestead exemption, a signal of longer-term ownership rather than a rotating rental base.
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.
The setting & the homes.
Aerial and on-site photos of Treasure Island Shores First Add. Swipe to explore the community.
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Treasure Island Shores First Add
Treasure Island Shores First Add
Treasure Island Shores First Add
Treasure Island Shores First Add
Treasure Island Shores First Add
Treasure Island Shores First AddWho Treasure Island Shores First Add is best for.
Best for
- Buyers who want a modest-sized home and are prepared to evaluate condition and system age individually rather than rely on subdivision uniformity.
- Buyers focused on long-term ownership in a Lake County location, comfortable with an older median build year.
- Buyers who don't need on-site amenities and prioritize the lot and neighborhood setting over a clubhouse or pool.
Probably not for
- Buyers who want a newly built or recently renovated home as the baseline expectation rather than the exception.
- Buyers who want community amenities as part of the purchase, since none are identified here.
- Buyers who want to shop multiple active listings side by side, given the current absence of on-market inventory.
The market around Treasure Island Shores First Add
Treasure Island Shores First Add is a small community — 15 recorded sales on file, most recently in 2026 — too few for its own price trend. Here is the market around it.
In ZIP 34748, 604 homes are on the market and 19% are under contract — a steady corner of LEESBURG.
Across Lake County, 3,224 homes are active and 1,105 pending (26% under contract).
Homes here are single family residence.
ZIP and county figures describe the wider market, not Treasure Island Shores First Add specifically. Momentum Research analysis of MLS records.
The Treasure Island Shores First Add buying strategy.
If we were buying in Treasure Island Shores First Add 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 Treasure Island Shores First Add.
A Community Built in Layers
The 1940-to-2024 build range means this isn't a single-era subdivision — it's a community that has been built out, replaced, and infilled over decades. A median year built of 1981 puts the typical home well past its original systems' expected lifespan, so buyers should expect to budget for updates unless a listing specifically documents recent work.
At a median living area of 1,644 square feet, homes here run toward a modest, efficient footprint rather than sprawling floor plans. No community amenities are identified from current MLS listings, which suggests this is a straightforward residential pocket rather than a deed-restricted or amenity-driven development — the draw is the lots and the location, not a clubhouse or gate.
The location and the amenities are priced into every listing in Treasure Island Shores First Add. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
With no active listings to reference and a build era spanning eight decades, pricing a home here takes more than pulling comps off a portal — it requires knowing which recent closings reflect renovated interiors versus original condition. We track that distinction closing by closing so sellers price accurately and buyers don't overpay for age they haven't accounted for.
Treasure Island Shores First Add in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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 Treasure Island Shores First Add 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 Treasure Island Shores First Add sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Treasure Island Shores First Add, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Treasure Island Shores First Add home worth?
Get a no-obligation home value based on real comparable sales in Treasure Island Shores First Add, 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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TREASURE ISLAND SHORES FIRST ADD Market Scorecard
TREASURE ISLAND SHORES FIRST ADD is currently a buyer's market. About 6.0 months of supply, a median asking price of $380,000, and homes go under contract in about 52 days.
Typical home value in the 34748 ZIP is $274,372, about 2.2% above the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
How many homes are in Treasure Island Shores First Add?
What share of Treasure Island Shores First Add is owner-occupied?
When were the homes in Treasure Island Shores First Add built?
Do cash buyers compete in Treasure Island Shores First Add?
Who is the best real estate agent for Treasure Island Shores First Add?
How do I find a top LEESBURG real estate agent who knows Treasure Island Shores First Add?
Can Momentum Realty connect me with an agent for Treasure Island Shores First Add?
Should you buy in Treasure Island Shores First Add?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Treasure Island Shores First Add with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: August 2, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 34748/34788)) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Historical depth | Closed-sale records back to 2015 (14 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?
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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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More Leesburg & Lake County guides
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