Willows At Lake Rhea Ph 03
Homes for Sale in Windermere, FL

Community in Windermere · Orange County
147 homesBuilt 1989–1998
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Built fromLive Stellar MLS data21 years of closingsFL DOR public recordsUpdated twice daily
Live · Willows At Lake Rhea Ph 03 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
2
Sold · last 12 mo
10-yr average: about 3 a year
Ownership and context
87%
Owner-occupied · Willows At Lake Rhea Ph 03
129 of 148 parcels homesteaded (FL DOR 2025)
13%
Non-owner-occupied · Willows At Lake Rhea Ph 03
incl. 7% trust or LLC-held · 100% out-of-state
33%
Cash buyers · Willows At Lake Rhea Ph 03
3 of 9 sales, 12 mo ending June 2025
147
Homes in the community
plus 1 vacant residential lots · 148 residential parcels (FL DOR 2025)
Track record · 21 years of records
Est. 1989
Community established
homes built 1989-1998, median 1993 (FL DOR 2025)
0
Failed listings · 2025
peaked at 12 in 2007
1.4%/yr
Turnover rate
about 2 of 147 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Willows At Lake Rhea Ph 03 is a small Windermere pocket of 95 homes built between 1989 and 1998, with a median living area of roughly 3,373 square feet. At this size and vintage, price here is driven less by square footage on paper and more by condition and how much updating a given home has seen. Two houses with the same footprint can trade far apart depending on kitchens, baths, roofs, and systems, so expect a wide spread rather than a tidy per-foot number.

The other defining fact is turnover, or the lack of it: no closings in the current window and a homestead share near 90% tell you this is a hold-and-stay community, not a churn market. For a seller, that scarcity can work in your favor when a well-kept home does list. For a buyer, it means patience — inventory is thin, and you may wait for the right house rather than choose from several at once.

Best for

  • Long-hold buyers wanting substantial square footage in an established Windermere neighborhood
  • Buyers with a renovation budget willing to update a solid 1990s home
  • Sellers with a well-maintained or updated home who benefit from scarce local competition

Probably not for

  • Buyers on a tight timeline who need to close within a set window
  • Anyone wanting new-construction finishes and floor plans
  • Buyers who need move-in-ready condition with no appetite for updates

The market around Willows At Lake Rhea Ph 03

Willows At Lake Rhea Ph 03 is a small community — 75 recorded sales on file, most recently in 2025 — too few for its own price trend. 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 03 specifically. Momentum Research analysis of MLS records.

If we were buying in Willows At Lake Rhea Ph 03 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 03.

Best Buy
Buyers who want space and an established Windermere setting over new construction.
Biggest Risk
Thin supply means limited choice and few recent comps to anchor pricing.
Sweet Spot
A well-updated larger home that rarely competes against similar listings.
Avoid If
You need to buy quickly or want a turnkey home with no updating budget.

A stay-put enclave of larger 1990s homes

With 95 homes and a build range of 1989 to 1998 (median 1994), the housing stock is consistent in era and generous in size — the median living area sits around 3,373 square feet. That's substantial square footage, which means the real questions for any buyer are mechanical and cosmetic: original versus updated systems, roof age, and whether floor plans have been opened up or left in their 1990s form. Price separation in a community like this comes from exactly those differences.

A homestead share near 90% signals owners who occupy and hold rather than flip or rent. Combined with zero closings in the current window, that points to genuinely tight supply. It's a market where a clean, move-in-ready listing tends to attract attention precisely because alternatives are scarce, and where dated homes still sell — but reward the buyer willing to budget for updates.

The location and the amenities are priced into every listing in Willows At Lake Rhea Ph 03. 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 thin-inventory community like this, timing and condition are everything. We track what actually comes available in Willows At Lake Rhea, help sellers position an updated home against genuinely scarce competition, and help buyers judge — honestly — whether a listing is priced for its condition or for its square footage. When there's no recent comp to lean on, that read matters.

Willows At Lake Rhea Ph 03 in 15 seconds.

Best forBuyers who want space and an established Windermere setting over new construction.
Biggest advantageLow turnover and near-90% owner-occupancy make this a stable, hold-oriented community.
Biggest riskThin supply means limited choice and few recent comps to anchor pricing.
Sweet spotA well-updated larger home that rarely competes against similar listings.
Avoid ifYou need to buy quickly or want a turnkey home with no updating budget.

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 03 sales matched to your home.

What is your Willows At Lake Rhea Ph 03 home worth?

Get a no-obligation home value based on real comparable sales in Willows At Lake Rhea Ph 03, 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 Willows At Lake Rhea Ph 03?
The Florida DOR 2025 assessment roll shows 147 homes plus 1 vacant residential lots in Willows At Lake Rhea Ph 03 (public records).
What share of Willows At Lake Rhea Ph 03 is owner-occupied?
87% of Willows At Lake Rhea Ph 03 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 03 built?
Homes in Willows At Lake Rhea Ph 03 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 03?
Cash buyers took 33% of Willows At Lake Rhea Ph 03 sales in the 12 months ending June 2025 (3 of 9 closings, Stellar MLS).
Who is the best real estate agent for Willows At Lake Rhea Ph 03?
The best agent for Willows At Lake Rhea Ph 03 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 03.
How do I find a top Windermere real estate agent who knows Willows At Lake Rhea Ph 03?
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 03 and the wider Windermere area.
Can Momentum Realty connect me with an agent for Willows At Lake Rhea Ph 03?
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 03 purchase or sale - no call center and no pressure.
Long-hold buyers wanting substantial square footage in an established Windermere neighborhoodExcellent fit
Buyers with a renovation budget willing to update a solid 1990s homeExcellent fit
Sellers with a well-maintained or updated home who benefit from scarce local competitionExcellent fit
Buyers on a tight timeline who need to close within a set windowProbably not
Anyone wanting new-construction finishes and floor plansProbably not
Buyers who need move-in-ready condition with no appetite for updatesProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (7 streets, ZIP 34786))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2005 (56 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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