Willows At Lake Rhea Ph 02
Homes for Sale in Windermere, FL

Community in Windermere · Orange County
116 homesBuilt 1989–1998
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Built fromLive Stellar MLS data11 years of closingsFL DOR public recordsUpdated twice daily
Live · Willows At Lake Rhea Ph 02 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Ownership and context
89%
Owner-occupied · Willows At Lake Rhea Ph 02
104 of 117 parcels homesteaded (FL DOR 2025)
11%
Non-owner-occupied · Willows At Lake Rhea Ph 02
incl. 6% trust or LLC-held · 100% out-of-state
67%
Cash buyers · Willows At Lake Rhea Ph 02
2 of 3 sales, 12 mo ending June 2025
116
Homes in the community
plus 1 vacant residential lots · 117 residential parcels (FL DOR 2025)
Track record · 11 years of records
Est. 1989
Community established
homes built 1989-1998, median 1993 (FL DOR 2025)
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Willows At Lake Rhea Ph 02 is a small, established Windermere community of 116 homes built between 1989 and 1998, with the typical house dating to 1993. Price here is driven far more by condition and updating than by any single benchmark: these are larger homes, with a median living area of roughly 3,273 square feet, and a house that has been renovated will command a very different figure than one still wearing its original finishes. Expect a wide spread rather than a tight band.

This is a low-turnover pocket. Nearly nine in ten homes carry a homestead exemption, which tells you owners tend to stay, and inventory that reaches the market is limited. For a buyer, that means patience and readiness to act when the right home lists; for a seller, it means genuine scarcity value, provided the home is presented honestly and priced to its actual condition rather than to a neighbor's remodel.

Best for

  • Buyers prioritizing living space over new construction, comfortable evaluating 1990s-era systems
  • Long-hold owners drawn to a low-turnover enclave who can wait for the right listing
  • Renovation-minded buyers who see value in updating a larger, original-condition home

Probably not for

  • Buyers who need to close quickly and want many homes to compare at once
  • Anyone wanting turnkey finishes with no appetite for updating older systems
  • Buyers who rely on abundant recent comparable sales to justify an offer

The market around Willows At Lake Rhea Ph 02

Willows At Lake Rhea Ph 02 is too small for its own price trend, so here is the market around it.

Across Orange County, 5,886 homes are active and 2,019 pending (26% under contract).

Homes here are single family residence.

ZIP and county figures describe the wider market, not Willows At Lake Rhea Ph 02 specifically. Momentum Research analysis of MLS records.

If we were buying in Willows At Lake Rhea Ph 02 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 Willows At Lake Rhea Ph 02.

Best Buy
Buyers who want square footage in Windermere and are prepared to weigh updating costs.
Biggest Risk
Thin recent sales data makes pricing more art than formula.
Sweet Spot
A larger 1990s home already updated, bought at a fair read of its condition.
Avoid If
You need a move-in-ready home immediately with lots of options to compare.

Space, age, and condition

The homes here are larger than most, with a median living area around 3,273 square feet, and they were built across a fairly narrow window from 1989 to 1998. That age matters practically: buyers should budget inspection attention for roofs, HVAC, and original systems, since a home that has not been updated in decades will differ sharply from one that has. The condition question is the single biggest variable in what any given house is worth.

With 116 homes and a homestead share close to 89%, listings are infrequent. There were no closings in the current window we're reporting, so recent comparable sales are thin — another reason condition and thoughtful pricing carry more weight here than a formula. Buyers who understand the tradeoff between square footage and the cost of modernizing will find the most opportunity.

The location and the amenities are priced into every listing in Willows At Lake Rhea Ph 02. 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 low-turnover community with few recent sales to lean on, pricing and negotiation come down to reading condition against a scarce set of comparables. We tell you plainly when a home's asking price reflects its updates and when it doesn't, and we help sellers position an honest home against the scarcity that works in their favor.

Willows At Lake Rhea Ph 02 in 15 seconds.

Best forBuyers who want square footage in Windermere and are prepared to weigh updating costs.
Biggest advantageA small, stable community where inventory is genuinely scarce.
Biggest riskThin recent sales data makes pricing more art than formula.
Sweet spotA larger 1990s home already updated, bought at a fair read of its condition.
Avoid ifYou need a move-in-ready home immediately with lots of options to compare.

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 Willows At Lake Rhea Ph 02 sales matched to your home.

What is your Willows At Lake Rhea Ph 02 home worth?

Get a no-obligation home value based on real comparable sales in Willows At Lake Rhea Ph 02, 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 Willows At Lake Rhea Ph 02 on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Willows At Lake Rhea Ph 02?
The Florida DOR 2025 assessment roll shows 116 homes plus 1 vacant residential lots in Willows At Lake Rhea Ph 02 (public records).
What share of Willows At Lake Rhea Ph 02 is owner-occupied?
89% of Willows At Lake Rhea Ph 02 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Willows At Lake Rhea Ph 02 built?
Homes in Willows At Lake Rhea Ph 02 were built between 1989 and 1998, with a median year built of 1993 (FL DOR 2025 roll).
Do cash buyers compete in Willows At Lake Rhea Ph 02?
Cash buyers took 67% of Willows At Lake Rhea Ph 02 sales in the 12 months ending June 2025 (2 of 3 closings, Stellar MLS).
Who is the best real estate agent for Willows At Lake Rhea Ph 02?
The best agent for Willows At Lake Rhea Ph 02 is one who actively works Windermere 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 Willows At Lake Rhea Ph 02.
How do I find a top Windermere real estate agent who knows Willows At Lake Rhea Ph 02?
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 Willows At Lake Rhea Ph 02 and the wider Windermere area.
Can Momentum Realty connect me with an agent for Willows At Lake Rhea Ph 02?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Willows At Lake Rhea Ph 02 purchase or sale - no call center and no pressure.
Buyers prioritizing living space over new construction, comfortable evaluating 1990s-era systemsExcellent fit
Long-hold owners drawn to a low-turnover enclave who can wait for the right listingExcellent fit
Renovation-minded buyers who see value in updating a larger, original-condition homeExcellent fit
Buyers who need to close quickly and want many homes to compare at onceProbably not
Anyone wanting turnkey finishes with no appetite for updating older systemsProbably not
Buyers who rely on abundant recent comparable sales to justify an offerProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (4 streets, ZIP 34786))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2015 (15 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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