1978 Lockett Ln · Leesburg, FL 34762

$222,000

2 bd · 2.0 ba · 1,016 sqft · SingleFamily public records · 32 Days on market

Built 2023 3,484 sqft lot $200/mo HOA · 8% of rent ↓ 10% since listing

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.8/30.0
• ARV discount +7.5/15.0
• Appreciation +7.0/10.0
• 1% rule +5.6/10.0
• DSCR +4.9/10.0
• Schools +4.2/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

BACK ON MARKET. Home appraised at 290k! Clean inspection too. Here is you chance to get your very own 2/2 Villa built in 2023 OFFERED TURNKEY with NO BOND! Charming 2BR/2BA HIDEAWAY Model in the Village of Newell – Prime Location! Beautifully maintained 2-bedroom, 2-bath HIDEAWAY model located in the picturesque and highly sought-after Village of Newell. Featuring modern amenities and a thoughtfully designed open floor plan with vaulted ceilings, this home combines comfort, functionality, and style—perfect for enjoying the Florida lifestyle. As you arrive, you'll be greeted by Florida-friendly landscaping and an inviting screened front porch, ideal for relaxing outdoors. Inside, the bright and spacious living room boasts vaulted and peaked ceilings, creating a seamless flow into the dining area and kitchen—perfect for entertaining. The kitchen is a chef’s dream with stainless steel appliances, GAS range, pantry, and a large center island for meal prep and casual dining. The primary suite offers a generous layout with a walk-in closet and an en suite bath featuring a walk-in shower with sliding glass doors for a spa-like experience. The second bedroom is perfect for guests or a home office, with easy access to the guest bath that includes a tub/shower combo and sliding glass doors. Additional features include: LUXURY VINYL PLANK flooring throughout (no carpet!) Upgraded ceiling fan 13' x 32' garage with attic access and plywood flooring for extra storage Water filtration system Rain gutters installed This home offers low-maintenance living and is ideal as a primary residence, vacation home, or investment property. Located just minutes by golf cart from Sawgrass Grove, Brownwood Paddock Square, and the future Eastport, with easy access to recreation centers, pickleball, shopping, medical facilities, and the Florida Turnpike. Golfers will love the proximity to Mickylee Pitch & Putt, Southern Oaks Championship Course, and Jubilee Putting Course—a true golfer’s paradise! There are some staging decor items that do not convey with sale of home. Don’t miss this opportunity to own a stunning home in one of the best locations in The Villages®!

Key facts

• Rain gutters
• Low maintenance yard
• Screened porch

Tags

• GAS RANGE
• RAIN GUTTERS
• SCREENED PORCH
• LOW MAINTENANCE YARD

Property features AI

Finance

• Other: Furnished: Negotiable; Senior community
• HOA & community: Homeowners association with monthly fee; Association fee: $200 per month; Community amenities: Golf course, Park, Pool

Exterior

• Parking: Garage; Off-street parking; 1-car garage
• Security: Security gate
• Utilities: Public sewer; Electricity connected; Natural gas connected; Sewer connected; Water connected
• Home design: Single family residence; One level; Residential use
• Construction: Property type: Single family residence
• Exterior features: Community pool; Community spa; Security gate; Front porch; Screened porch; Backyard fencing; Cleared lot; Private paved road frontage

Interior

• Kitchen: Dishwasher; Gas range; Microwave; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Tile; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Breakfast bar; Ceiling fans; Eat-in kitchen; Open floorplan
• Laundry & utility: In-unit laundry

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $222k.

Deal economics

• At list price, monthly cash flow is $103 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $222k).
• Recommended offer: $215k (3.0% below list) — sets the bar for market timing.
• Cap rate 6.9% vs local median 4.5% in Leesburg — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 62/100 on livability (#751 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: schools D+, crime D, amenities F.
• Lake (suburban): math 49% / reading 50% proficiency, ranked #37 of 73 in FL (top 51%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 96 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 4,799 units permitted in Lake County in 2024 (814 in 5+ unit buildings).

Forward outlook

• In year one you build about $10k of equity ($2k loan paydown + $9k appreciation (3.9% local appreciation)).
• Lake County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (3.9% appreciation + 3.0% rent growth), your $62k cash investment doubles in ~5 years — after that, you're playing with house money.
• By year 4, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 32 days — a 3% lower offer ($215k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 2y ago; this cycle's ask has dropped $28k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $215,340 (3.0% below list)

Questions for the listing agent

1. It's been on market 32 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.06% ✓
• Cap rate: 6.85%
• Cash-on-cash: 1.99%
• DSCR: 1.09
• GRM: 7.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

3.92% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 11.9%
• Equity multiple: 1.71×
• Total profit: $44,438
• Equity at exit: $111,461

10-year hold

• IRR: 13.5%
• Equity multiple: 3.19×
• Total profit: $136,237
• Equity at exit: $181,434

Cash invested: $62,160 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 34762

• Home prices YoY: 1.1%
• Active inventory: 96
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $2,356 medium
• Mortgage (P&I): −$1,164
• Tax from tax record: −$301 /mo · $3,613/yr
• Insurance: −$92
• HOA: −$200
• Vacancy / Maint / Mgmt: −$495
• Net cashflow: $103

Break-even live

Break-even rent $2,225

Max offer price $222,000

Occupancy floor 91%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $55,500
• Closing costs: $6,660
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6743 Mary Loop The Villages, FL	3.0	2.0	1392	$2,500	$1.80	23d	1	0.08mi
6502 McKnight Loop Unit 1525259P The Villages, FL	3.0	2.0	1442	$1,818	$1.26	14d	1	0.49mi
7185 Denver Ave The Villages, FL	3.0	2.0	1440	$1,950	$1.35	23d	1	1.03mi
7181 Fay Ct The Villages, FL	2.0	2.0	1175	$4,800	$4.09	23d	1	1.07mi

HOA detail

• Monthly dues: $200 · $2,400/yr
• Likely covers: watergaslandscaping

Listing history 21 events

1. 2026-05-15
   price $239,000
2. 2026-05-06
   status Active
3. 2026-02-05
   status Pending
4. 2026-01-26
   listed $250,000 Active
5. 2025-11-24
   soldstatus $265,500
6. 2025-11-13
   soldstatus $265,500 Closed 2248-char remark

   Show marketing remark (2248 chars)

   BACK ON MARKET. Home appraised at 290k! Clean inspection too. Here is you chance to get your very own 2/2 Villa built in 2023 OFFERED TURNKEY with NO BOND! Charming 2BR/2BA HIDEAWAY Model in the Village of Newell – Prime Location! Beautifully maintained 2-bedroom, 2-bath HIDEAWAY model located in the picturesque and highly sought-after Village of Newell. Featuring modern amenities and a thoughtfully designed open floor plan with vaulted ceilings, this home combines comfort, functionality, and style—perfect for enjoying the Florida lifestyle. As you arrive, you'll be greeted by Florida-friendly landscaping and an inviting screened front porch, ideal for relaxing outdoors. Inside, the bright and spacious living room boasts vaulted and peaked ceilings, creating a seamless flow into the dining area and kitchen—perfect for entertaining. The kitchen is a chef’s dream with stainless steel appliances, GAS range, pantry, and a large center island for meal prep and casual dining. The primary suite offers a generous layout with a walk-in closet and an en suite bath featuring a walk-in shower with sliding glass doors for a spa-like experience. The second bedroom is perfect for guests or a home office, with easy access to the guest bath that includes a tub/shower combo and sliding glass doors. Additional features include: LUXURY VINYL PLANK flooring throughout (no carpet!) Upgraded ceiling fan 13' x 32' garage with attic access and plywood flooring for extra storage Water filtration system Rain gutters installed This home offers low-maintenance living and is ideal as a primary residence, vacation home, or investment property. Located just minutes by golf cart from Sawgrass Grove, Brownwood Paddock Square, and the future Eastport, with easy access to recreation centers, pickleball, shopping, medical facilities, and the Florida Turnpike. Golfers will love the proximity to Mickylee Pitch & Putt, Southern Oaks Championship Course, and Jubilee Putting Course—a true golfer’s paradise! There are some staging decor items that do not convey with sale of home. Don’t miss this opportunity to own a stunning home in one of the best locations in The Villages®!

7. 2025-10-20
   status Pending 2248-char remark

   Show marketing remark (2248 chars)

   BACK ON MARKET. Home appraised at 290k! Clean inspection too. Here is you chance to get your very own 2/2 Villa built in 2023 OFFERED TURNKEY with NO BOND! Charming 2BR/2BA HIDEAWAY Model in the Village of Newell – Prime Location! Beautifully maintained 2-bedroom, 2-bath HIDEAWAY model located in the picturesque and highly sought-after Village of Newell. Featuring modern amenities and a thoughtfully designed open floor plan with vaulted ceilings, this home combines comfort, functionality, and style—perfect for enjoying the Florida lifestyle. As you arrive, you'll be greeted by Florida-friendly landscaping and an inviting screened front porch, ideal for relaxing outdoors. Inside, the bright and spacious living room boasts vaulted and peaked ceilings, creating a seamless flow into the dining area and kitchen—perfect for entertaining. The kitchen is a chef’s dream with stainless steel appliances, GAS range, pantry, and a large center island for meal prep and casual dining. The primary suite offers a generous layout with a walk-in closet and an en suite bath featuring a walk-in shower with sliding glass doors for a spa-like experience. The second bedroom is perfect for guests or a home office, with easy access to the guest bath that includes a tub/shower combo and sliding glass doors. Additional features include: LUXURY VINYL PLANK flooring throughout (no carpet!) Upgraded ceiling fan 13' x 32' garage with attic access and plywood flooring for extra storage Water filtration system Rain gutters installed This home offers low-maintenance living and is ideal as a primary residence, vacation home, or investment property. Located just minutes by golf cart from Sawgrass Grove, Brownwood Paddock Square, and the future Eastport, with easy access to recreation centers, pickleball, shopping, medical facilities, and the Florida Turnpike. Golfers will love the proximity to Mickylee Pitch & Putt, Southern Oaks Championship Course, and Jubilee Putting Course—a true golfer’s paradise! There are some staging decor items that do not convey with sale of home. Don’t miss this opportunity to own a stunning home in one of the best locations in The Villages®!

8. 2025-09-24
   price $259,900 2248-char remark

   Show marketing remark (2248 chars)

   BACK ON MARKET. Home appraised at 290k! Clean inspection too. Here is you chance to get your very own 2/2 Villa built in 2023 OFFERED TURNKEY with NO BOND! Charming 2BR/2BA HIDEAWAY Model in the Village of Newell – Prime Location! Beautifully maintained 2-bedroom, 2-bath HIDEAWAY model located in the picturesque and highly sought-after Village of Newell. Featuring modern amenities and a thoughtfully designed open floor plan with vaulted ceilings, this home combines comfort, functionality, and style—perfect for enjoying the Florida lifestyle. As you arrive, you'll be greeted by Florida-friendly landscaping and an inviting screened front porch, ideal for relaxing outdoors. Inside, the bright and spacious living room boasts vaulted and peaked ceilings, creating a seamless flow into the dining area and kitchen—perfect for entertaining. The kitchen is a chef’s dream with stainless steel appliances, GAS range, pantry, and a large center island for meal prep and casual dining. The primary suite offers a generous layout with a walk-in closet and an en suite bath featuring a walk-in shower with sliding glass doors for a spa-like experience. The second bedroom is perfect for guests or a home office, with easy access to the guest bath that includes a tub/shower combo and sliding glass doors. Additional features include: LUXURY VINYL PLANK flooring throughout (no carpet!) Upgraded ceiling fan 13' x 32' garage with attic access and plywood flooring for extra storage Water filtration system Rain gutters installed This home offers low-maintenance living and is ideal as a primary residence, vacation home, or investment property. Located just minutes by golf cart from Sawgrass Grove, Brownwood Paddock Square, and the future Eastport, with easy access to recreation centers, pickleball, shopping, medical facilities, and the Florida Turnpike. Golfers will love the proximity to Mickylee Pitch & Putt, Southern Oaks Championship Course, and Jubilee Putting Course—a true golfer’s paradise! There are some staging decor items that do not convey with sale of home. Don’t miss this opportunity to own a stunning home in one of the best locations in The Villages®!

9. 2025-08-09
   status Active 2248-char remark

   Show marketing remark (2248 chars)

   BACK ON MARKET. Home appraised at 290k! Clean inspection too. Here is you chance to get your very own 2/2 Villa built in 2023 OFFERED TURNKEY with NO BOND! Charming 2BR/2BA HIDEAWAY Model in the Village of Newell – Prime Location! Beautifully maintained 2-bedroom, 2-bath HIDEAWAY model located in the picturesque and highly sought-after Village of Newell. Featuring modern amenities and a thoughtfully designed open floor plan with vaulted ceilings, this home combines comfort, functionality, and style—perfect for enjoying the Florida lifestyle. As you arrive, you'll be greeted by Florida-friendly landscaping and an inviting screened front porch, ideal for relaxing outdoors. Inside, the bright and spacious living room boasts vaulted and peaked ceilings, creating a seamless flow into the dining area and kitchen—perfect for entertaining. The kitchen is a chef’s dream with stainless steel appliances, GAS range, pantry, and a large center island for meal prep and casual dining. The primary suite offers a generous layout with a walk-in closet and an en suite bath featuring a walk-in shower with sliding glass doors for a spa-like experience. The second bedroom is perfect for guests or a home office, with easy access to the guest bath that includes a tub/shower combo and sliding glass doors. Additional features include: LUXURY VINYL PLANK flooring throughout (no carpet!) Upgraded ceiling fan 13' x 32' garage with attic access and plywood flooring for extra storage Water filtration system Rain gutters installed This home offers low-maintenance living and is ideal as a primary residence, vacation home, or investment property. Located just minutes by golf cart from Sawgrass Grove, Brownwood Paddock Square, and the future Eastport, with easy access to recreation centers, pickleball, shopping, medical facilities, and the Florida Turnpike. Golfers will love the proximity to Mickylee Pitch & Putt, Southern Oaks Championship Course, and Jubilee Putting Course—a true golfer’s paradise! There are some staging decor items that do not convey with sale of home. Don’t miss this opportunity to own a stunning home in one of the best locations in The Villages®!

10. 2025-07-10
    status Pending 2248-char remark

    Show marketing remark (2248 chars)

    BACK ON MARKET. Home appraised at 290k! Clean inspection too. Here is you chance to get your very own 2/2 Villa built in 2023 OFFERED TURNKEY with NO BOND! Charming 2BR/2BA HIDEAWAY Model in the Village of Newell – Prime Location! Beautifully maintained 2-bedroom, 2-bath HIDEAWAY model located in the picturesque and highly sought-after Village of Newell. Featuring modern amenities and a thoughtfully designed open floor plan with vaulted ceilings, this home combines comfort, functionality, and style—perfect for enjoying the Florida lifestyle. As you arrive, you'll be greeted by Florida-friendly landscaping and an inviting screened front porch, ideal for relaxing outdoors. Inside, the bright and spacious living room boasts vaulted and peaked ceilings, creating a seamless flow into the dining area and kitchen—perfect for entertaining. The kitchen is a chef’s dream with stainless steel appliances, GAS range, pantry, and a large center island for meal prep and casual dining. The primary suite offers a generous layout with a walk-in closet and an en suite bath featuring a walk-in shower with sliding glass doors for a spa-like experience. The second bedroom is perfect for guests or a home office, with easy access to the guest bath that includes a tub/shower combo and sliding glass doors. Additional features include: LUXURY VINYL PLANK flooring throughout (no carpet!) Upgraded ceiling fan 13' x 32' garage with attic access and plywood flooring for extra storage Water filtration system Rain gutters installed This home offers low-maintenance living and is ideal as a primary residence, vacation home, or investment property. Located just minutes by golf cart from Sawgrass Grove, Brownwood Paddock Square, and the future Eastport, with easy access to recreation centers, pickleball, shopping, medical facilities, and the Florida Turnpike. Golfers will love the proximity to Mickylee Pitch & Putt, Southern Oaks Championship Course, and Jubilee Putting Course—a true golfer’s paradise! There are some staging decor items that do not convey with sale of home. Don’t miss this opportunity to own a stunning home in one of the best locations in The Villages®!

11. 2025-06-30
    price $269,000 2248-char remark

    Show marketing remark (2248 chars)

    BACK ON MARKET. Home appraised at 290k! Clean inspection too. Here is you chance to get your very own 2/2 Villa built in 2023 OFFERED TURNKEY with NO BOND! Charming 2BR/2BA HIDEAWAY Model in the Village of Newell – Prime Location! Beautifully maintained 2-bedroom, 2-bath HIDEAWAY model located in the picturesque and highly sought-after Village of Newell. Featuring modern amenities and a thoughtfully designed open floor plan with vaulted ceilings, this home combines comfort, functionality, and style—perfect for enjoying the Florida lifestyle. As you arrive, you'll be greeted by Florida-friendly landscaping and an inviting screened front porch, ideal for relaxing outdoors. Inside, the bright and spacious living room boasts vaulted and peaked ceilings, creating a seamless flow into the dining area and kitchen—perfect for entertaining. The kitchen is a chef’s dream with stainless steel appliances, GAS range, pantry, and a large center island for meal prep and casual dining. The primary suite offers a generous layout with a walk-in closet and an en suite bath featuring a walk-in shower with sliding glass doors for a spa-like experience. The second bedroom is perfect for guests or a home office, with easy access to the guest bath that includes a tub/shower combo and sliding glass doors. Additional features include: LUXURY VINYL PLANK flooring throughout (no carpet!) Upgraded ceiling fan 13' x 32' garage with attic access and plywood flooring for extra storage Water filtration system Rain gutters installed This home offers low-maintenance living and is ideal as a primary residence, vacation home, or investment property. Located just minutes by golf cart from Sawgrass Grove, Brownwood Paddock Square, and the future Eastport, with easy access to recreation centers, pickleball, shopping, medical facilities, and the Florida Turnpike. Golfers will love the proximity to Mickylee Pitch & Putt, Southern Oaks Championship Course, and Jubilee Putting Course—a true golfer’s paradise! There are some staging decor items that do not convey with sale of home. Don’t miss this opportunity to own a stunning home in one of the best locations in The Villages®!

12. 2025-06-11
    price $275,000 2248-char remark

    Show marketing remark (2248 chars)

    BACK ON MARKET. Home appraised at 290k! Clean inspection too. Here is you chance to get your very own 2/2 Villa built in 2023 OFFERED TURNKEY with NO BOND! Charming 2BR/2BA HIDEAWAY Model in the Village of Newell – Prime Location! Beautifully maintained 2-bedroom, 2-bath HIDEAWAY model located in the picturesque and highly sought-after Village of Newell. Featuring modern amenities and a thoughtfully designed open floor plan with vaulted ceilings, this home combines comfort, functionality, and style—perfect for enjoying the Florida lifestyle. As you arrive, you'll be greeted by Florida-friendly landscaping and an inviting screened front porch, ideal for relaxing outdoors. Inside, the bright and spacious living room boasts vaulted and peaked ceilings, creating a seamless flow into the dining area and kitchen—perfect for entertaining. The kitchen is a chef’s dream with stainless steel appliances, GAS range, pantry, and a large center island for meal prep and casual dining. The primary suite offers a generous layout with a walk-in closet and an en suite bath featuring a walk-in shower with sliding glass doors for a spa-like experience. The second bedroom is perfect for guests or a home office, with easy access to the guest bath that includes a tub/shower combo and sliding glass doors. Additional features include: LUXURY VINYL PLANK flooring throughout (no carpet!) Upgraded ceiling fan 13' x 32' garage with attic access and plywood flooring for extra storage Water filtration system Rain gutters installed This home offers low-maintenance living and is ideal as a primary residence, vacation home, or investment property. Located just minutes by golf cart from Sawgrass Grove, Brownwood Paddock Square, and the future Eastport, with easy access to recreation centers, pickleball, shopping, medical facilities, and the Florida Turnpike. Golfers will love the proximity to Mickylee Pitch & Putt, Southern Oaks Championship Course, and Jubilee Putting Course—a true golfer’s paradise! There are some staging decor items that do not convey with sale of home. Don’t miss this opportunity to own a stunning home in one of the best locations in The Villages®!

13. 2025-05-23
    price $278,000 2248-char remark

    Show marketing remark (2248 chars)

    BACK ON MARKET. Home appraised at 290k! Clean inspection too. Here is you chance to get your very own 2/2 Villa built in 2023 OFFERED TURNKEY with NO BOND! Charming 2BR/2BA HIDEAWAY Model in the Village of Newell – Prime Location! Beautifully maintained 2-bedroom, 2-bath HIDEAWAY model located in the picturesque and highly sought-after Village of Newell. Featuring modern amenities and a thoughtfully designed open floor plan with vaulted ceilings, this home combines comfort, functionality, and style—perfect for enjoying the Florida lifestyle. As you arrive, you'll be greeted by Florida-friendly landscaping and an inviting screened front porch, ideal for relaxing outdoors. Inside, the bright and spacious living room boasts vaulted and peaked ceilings, creating a seamless flow into the dining area and kitchen—perfect for entertaining. The kitchen is a chef’s dream with stainless steel appliances, GAS range, pantry, and a large center island for meal prep and casual dining. The primary suite offers a generous layout with a walk-in closet and an en suite bath featuring a walk-in shower with sliding glass doors for a spa-like experience. The second bedroom is perfect for guests or a home office, with easy access to the guest bath that includes a tub/shower combo and sliding glass doors. Additional features include: LUXURY VINYL PLANK flooring throughout (no carpet!) Upgraded ceiling fan 13' x 32' garage with attic access and plywood flooring for extra storage Water filtration system Rain gutters installed This home offers low-maintenance living and is ideal as a primary residence, vacation home, or investment property. Located just minutes by golf cart from Sawgrass Grove, Brownwood Paddock Square, and the future Eastport, with easy access to recreation centers, pickleball, shopping, medical facilities, and the Florida Turnpike. Golfers will love the proximity to Mickylee Pitch & Putt, Southern Oaks Championship Course, and Jubilee Putting Course—a true golfer’s paradise! There are some staging decor items that do not convey with sale of home. Don’t miss this opportunity to own a stunning home in one of the best locations in The Villages®!

14. 2025-04-13
    listed $285,000 Active 2248-char remark

    Show marketing remark (2248 chars)

    BACK ON MARKET. Home appraised at 290k! Clean inspection too. Here is you chance to get your very own 2/2 Villa built in 2023 OFFERED TURNKEY with NO BOND! Charming 2BR/2BA HIDEAWAY Model in the Village of Newell – Prime Location! Beautifully maintained 2-bedroom, 2-bath HIDEAWAY model located in the picturesque and highly sought-after Village of Newell. Featuring modern amenities and a thoughtfully designed open floor plan with vaulted ceilings, this home combines comfort, functionality, and style—perfect for enjoying the Florida lifestyle. As you arrive, you'll be greeted by Florida-friendly landscaping and an inviting screened front porch, ideal for relaxing outdoors. Inside, the bright and spacious living room boasts vaulted and peaked ceilings, creating a seamless flow into the dining area and kitchen—perfect for entertaining. The kitchen is a chef’s dream with stainless steel appliances, GAS range, pantry, and a large center island for meal prep and casual dining. The primary suite offers a generous layout with a walk-in closet and an en suite bath featuring a walk-in shower with sliding glass doors for a spa-like experience. The second bedroom is perfect for guests or a home office, with easy access to the guest bath that includes a tub/shower combo and sliding glass doors. Additional features include: LUXURY VINYL PLANK flooring throughout (no carpet!) Upgraded ceiling fan 13' x 32' garage with attic access and plywood flooring for extra storage Water filtration system Rain gutters installed This home offers low-maintenance living and is ideal as a primary residence, vacation home, or investment property. Located just minutes by golf cart from Sawgrass Grove, Brownwood Paddock Square, and the future Eastport, with easy access to recreation centers, pickleball, shopping, medical facilities, and the Florida Turnpike. Golfers will love the proximity to Mickylee Pitch & Putt, Southern Oaks Championship Course, and Jubilee Putting Course—a true golfer’s paradise! There are some staging decor items that do not convey with sale of home. Don’t miss this opportunity to own a stunning home in one of the best locations in The Villages®!

15. 2024-12-30
    historical $3,500
16. 2024-11-29
    listed $3,500
17. 2024-11-07
    historical 2392-char remark

    Show marketing remark (2392 chars)

    Welcome to this charming 2-bedroom, 2-bath HIDEAWAY model nestled in the picturesque village of NEWELL. Boasting MODERN AMENITIES and a thoughtfully designed layout, this home perfectly blends comfort and style for your ideal Florida lifestyle. As you approach the home, you’ll appreciate the Florida-friendly landscaping and inviting screened front porch, providing a perfect spot to relax and enjoy the outdoors. Step inside to discover a bright and airy living room featuring vaulted and peaked ceilings that seamlessly flow into the dining area and kitchen, creating an open concept perfect for gatherings. The dining area is ideally situated between the living room and kitchen, showcasing the space's thoughtful design. The dining area effortlessly flows into the kitchen which is equipped with stainless steel appliances, a GAS range, PANTRY, and a large island for meal prep and casual dining. Retreat to the spacious primary bedroom, which boasts a luxurious en suite bathroom and a spacious walk-in closet. The primary bathroom features a walk-in shower with elegant sliding glass doors, offering a spa-like experience right at home. The second bedroom is equally inviting, complete with a built-in closet, perfect for guests or a home office. A conveniently located guest bathroom includes a tub and shower combo with sliding glass doors, providing comfort for family and visitors alike. Additional highlights of this exceptional home include LUXURY VINYL PLANK flooring throughout—ensuring no carpet for easy maintenance—and upgraded ceiling fan. Providing plenty of space for your storage needs, the 13'x32' garage features an attic ladder with plywood for storage and a water filtration system. Rain gutters are installed on the home for efficient water drainage. This could be a GREAT investment opportunity or vacation home. The Village of Newell is just minutes from Sawgrass Grove, Brownwood Paddock Square, and the future Eastport by golf cart. This fantastic location is a short golf cart ride to numerous golf courses, the Franklin and Ezell Recreation Centers, pickleball, shopping, grocery stores, medical providers, with easy access to the Florida Turnpike. The location is a golfer’s dream! The 18-hole Mickylee Pitch and Putt is right around the corner. Just north is the Southern Oaks Championship golf course and the Jubilee Putting Course.

18. 2024-11-07
    soldstatus $230,000 Closed 2392-char remark

    Show marketing remark (2392 chars)

    Welcome to this charming 2-bedroom, 2-bath HIDEAWAY model nestled in the picturesque village of NEWELL. Boasting MODERN AMENITIES and a thoughtfully designed layout, this home perfectly blends comfort and style for your ideal Florida lifestyle. As you approach the home, you’ll appreciate the Florida-friendly landscaping and inviting screened front porch, providing a perfect spot to relax and enjoy the outdoors. Step inside to discover a bright and airy living room featuring vaulted and peaked ceilings that seamlessly flow into the dining area and kitchen, creating an open concept perfect for gatherings. The dining area is ideally situated between the living room and kitchen, showcasing the space's thoughtful design. The dining area effortlessly flows into the kitchen which is equipped with stainless steel appliances, a GAS range, PANTRY, and a large island for meal prep and casual dining. Retreat to the spacious primary bedroom, which boasts a luxurious en suite bathroom and a spacious walk-in closet. The primary bathroom features a walk-in shower with elegant sliding glass doors, offering a spa-like experience right at home. The second bedroom is equally inviting, complete with a built-in closet, perfect for guests or a home office. A conveniently located guest bathroom includes a tub and shower combo with sliding glass doors, providing comfort for family and visitors alike. Additional highlights of this exceptional home include LUXURY VINYL PLANK flooring throughout—ensuring no carpet for easy maintenance—and upgraded ceiling fan. Providing plenty of space for your storage needs, the 13'x32' garage features an attic ladder with plywood for storage and a water filtration system. Rain gutters are installed on the home for efficient water drainage. This could be a GREAT investment opportunity or vacation home. The Village of Newell is just minutes from Sawgrass Grove, Brownwood Paddock Square, and the future Eastport by golf cart. This fantastic location is a short golf cart ride to numerous golf courses, the Franklin and Ezell Recreation Centers, pickleball, shopping, grocery stores, medical providers, with easy access to the Florida Turnpike. The location is a golfer’s dream! The 18-hole Mickylee Pitch and Putt is right around the corner. Just north is the Southern Oaks Championship golf course and the Jubilee Putting Course.

19. 2024-09-25
    status Pending 2392-char remark

    Show marketing remark (2392 chars)

    Welcome to this charming 2-bedroom, 2-bath HIDEAWAY model nestled in the picturesque village of NEWELL. Boasting MODERN AMENITIES and a thoughtfully designed layout, this home perfectly blends comfort and style for your ideal Florida lifestyle. As you approach the home, you’ll appreciate the Florida-friendly landscaping and inviting screened front porch, providing a perfect spot to relax and enjoy the outdoors. Step inside to discover a bright and airy living room featuring vaulted and peaked ceilings that seamlessly flow into the dining area and kitchen, creating an open concept perfect for gatherings. The dining area is ideally situated between the living room and kitchen, showcasing the space's thoughtful design. The dining area effortlessly flows into the kitchen which is equipped with stainless steel appliances, a GAS range, PANTRY, and a large island for meal prep and casual dining. Retreat to the spacious primary bedroom, which boasts a luxurious en suite bathroom and a spacious walk-in closet. The primary bathroom features a walk-in shower with elegant sliding glass doors, offering a spa-like experience right at home. The second bedroom is equally inviting, complete with a built-in closet, perfect for guests or a home office. A conveniently located guest bathroom includes a tub and shower combo with sliding glass doors, providing comfort for family and visitors alike. Additional highlights of this exceptional home include LUXURY VINYL PLANK flooring throughout—ensuring no carpet for easy maintenance—and upgraded ceiling fan. Providing plenty of space for your storage needs, the 13'x32' garage features an attic ladder with plywood for storage and a water filtration system. Rain gutters are installed on the home for efficient water drainage. This could be a GREAT investment opportunity or vacation home. The Village of Newell is just minutes from Sawgrass Grove, Brownwood Paddock Square, and the future Eastport by golf cart. This fantastic location is a short golf cart ride to numerous golf courses, the Franklin and Ezell Recreation Centers, pickleball, shopping, grocery stores, medical providers, with easy access to the Florida Turnpike. The location is a golfer’s dream! The 18-hole Mickylee Pitch and Putt is right around the corner. Just north is the Southern Oaks Championship golf course and the Jubilee Putting Course.

20. 2024-09-16
    price $232,500 2392-char remark

    Show marketing remark (2392 chars)

    Welcome to this charming 2-bedroom, 2-bath HIDEAWAY model nestled in the picturesque village of NEWELL. Boasting MODERN AMENITIES and a thoughtfully designed layout, this home perfectly blends comfort and style for your ideal Florida lifestyle. As you approach the home, you’ll appreciate the Florida-friendly landscaping and inviting screened front porch, providing a perfect spot to relax and enjoy the outdoors. Step inside to discover a bright and airy living room featuring vaulted and peaked ceilings that seamlessly flow into the dining area and kitchen, creating an open concept perfect for gatherings. The dining area is ideally situated between the living room and kitchen, showcasing the space's thoughtful design. The dining area effortlessly flows into the kitchen which is equipped with stainless steel appliances, a GAS range, PANTRY, and a large island for meal prep and casual dining. Retreat to the spacious primary bedroom, which boasts a luxurious en suite bathroom and a spacious walk-in closet. The primary bathroom features a walk-in shower with elegant sliding glass doors, offering a spa-like experience right at home. The second bedroom is equally inviting, complete with a built-in closet, perfect for guests or a home office. A conveniently located guest bathroom includes a tub and shower combo with sliding glass doors, providing comfort for family and visitors alike. Additional highlights of this exceptional home include LUXURY VINYL PLANK flooring throughout—ensuring no carpet for easy maintenance—and upgraded ceiling fan. Providing plenty of space for your storage needs, the 13'x32' garage features an attic ladder with plywood for storage and a water filtration system. Rain gutters are installed on the home for efficient water drainage. This could be a GREAT investment opportunity or vacation home. The Village of Newell is just minutes from Sawgrass Grove, Brownwood Paddock Square, and the future Eastport by golf cart. This fantastic location is a short golf cart ride to numerous golf courses, the Franklin and Ezell Recreation Centers, pickleball, shopping, grocery stores, medical providers, with easy access to the Florida Turnpike. The location is a golfer’s dream! The 18-hole Mickylee Pitch and Putt is right around the corner. Just north is the Southern Oaks Championship golf course and the Jubilee Putting Course.

21. 2024-08-29
    listed $264,900 Active 2392-char remark

    Show marketing remark (2392 chars)

    Welcome to this charming 2-bedroom, 2-bath HIDEAWAY model nestled in the picturesque village of NEWELL. Boasting MODERN AMENITIES and a thoughtfully designed layout, this home perfectly blends comfort and style for your ideal Florida lifestyle. As you approach the home, you’ll appreciate the Florida-friendly landscaping and inviting screened front porch, providing a perfect spot to relax and enjoy the outdoors. Step inside to discover a bright and airy living room featuring vaulted and peaked ceilings that seamlessly flow into the dining area and kitchen, creating an open concept perfect for gatherings. The dining area is ideally situated between the living room and kitchen, showcasing the space's thoughtful design. The dining area effortlessly flows into the kitchen which is equipped with stainless steel appliances, a GAS range, PANTRY, and a large island for meal prep and casual dining. Retreat to the spacious primary bedroom, which boasts a luxurious en suite bathroom and a spacious walk-in closet. The primary bathroom features a walk-in shower with elegant sliding glass doors, offering a spa-like experience right at home. The second bedroom is equally inviting, complete with a built-in closet, perfect for guests or a home office. A conveniently located guest bathroom includes a tub and shower combo with sliding glass doors, providing comfort for family and visitors alike. Additional highlights of this exceptional home include LUXURY VINYL PLANK flooring throughout—ensuring no carpet for easy maintenance—and upgraded ceiling fan. Providing plenty of space for your storage needs, the 13'x32' garage features an attic ladder with plywood for storage and a water filtration system. Rain gutters are installed on the home for efficient water drainage. This could be a GREAT investment opportunity or vacation home. The Village of Newell is just minutes from Sawgrass Grove, Brownwood Paddock Square, and the future Eastport by golf cart. This fantastic location is a short golf cart ride to numerous golf courses, the Franklin and Ezell Recreation Centers, pickleball, shopping, grocery stores, medical providers, with easy access to the Florida Turnpike. The location is a golfer’s dream! The 18-hole Mickylee Pitch and Putt is right around the corner. Just north is the Southern Oaks Championship golf course and the Jubilee Putting Course.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $3,613 · $301/mo
• Projected year-2 tax: $3,613 · $301/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 23 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,269
• − Mortgage interest: −$12,435
• − Property taxes: −$3,613
• − Insurance: −$1,110
• − Repairs & maintenance: −$2,262
• − Management: −$2,262
• − HOA: −$2,400
• − Depreciation: −$6,458
• Taxable loss: −$2,270
• Est. tax savings @ 24.0%: +$545
• After-tax cash flow: $1,785/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Lake
• NCES district ID: 1201050
• Math proficiency: 49% ▼ -7.00%
• Reading proficiency: 50% ▼ -4.00%
• Median HH income: $46,632
• Composite: 42.05/100
• National rank: #3327
• State rank: #37 of 73 in FL

Livability — Leesburg

• Score: 62/100
• State rank: #751
• US rank: #16429

Category grades

Amenities F Commute F Cost of living A+ Crime D Employment F Housing A+ Health & safety F User ratings C-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Leesburg, FL
• City population: 70,232
• Population (ZIP): 580

Population outlook (Lake County) Hauer SSP2

• Today (2025): 386,640 people
• By 2030: 417,107 · +7.9%
• By 2040: 476,676 · +23.3%
• By 2050: 531,296 · +37.4%
• By 2075: 648,303 · +67.7%
• By 2100: 698,530 · +80.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (68%)
• Race & ethnicity: White 68% Hispanic / Latino 20% Two or more races 16% Black 12%
• Hispanic origin (detail): Cuban 13%
• Foreign-born: 13% · Canada
• Languages at home: 82% English-only · Spanish 18%

Political lean MEDSL · Lake

• 2024 margin: Strong R (+24.7) · D 37.3% · R 62.0%
• 2008→2024 swing: -11.2pp toward R · 2008: -13.5pp · 2024: -24.7pp
• All cycles: 2024: R+24.7 2020: R+20.0 2016: R+23.1 2012: R+17.1 2008: R+13.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 3.92%
• Current HPI: 365.7475
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

-9.8% since first listed

21 events — show timeline

• 2026-05-15 Price Changed $239,000 realMLS
• 2026-05-06 Relisted — realMLS
• 2026-02-05 Pending — realMLS
• 2026-01-26 Listed $250,000 realMLS
• 2025-11-24 Sold (Public Records) $265,500 Public Records
• 2025-11-13 Sold (MLS) $265,500 Stellar MLS as Distributed by MLS Grid
• 2025-10-20 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-09-24 Price Changed $259,900 Stellar MLS as Distributed by MLS Grid
• 2025-08-09 Relisted — Stellar MLS as Distributed by MLS Grid
• 2025-07-10 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-06-30 Price Changed $269,000 Stellar MLS as Distributed by MLS Grid
• 2025-06-11 Price Changed $275,000 Stellar MLS as Distributed by MLS Grid
• 2025-05-23 Price Changed $278,000 Stellar MLS as Distributed by MLS Grid
• 2025-04-13 Listed $285,000 Stellar MLS as Distributed by MLS Grid
• 2024-12-30 Rental Removed $3,500 TURBOTENANT
• 2024-11-29 Listed for Rent $3,500 TURBOTENANT
• 2024-11-07 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2024-11-07 Sold (MLS) $230,000 Stellar MLS as Distributed by MLS Grid
• 2024-09-25 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-09-16 Price Changed $232,500 Stellar MLS as Distributed by MLS Grid
• 2024-08-29 Listed $264,900 Stellar MLS as Distributed by MLS Grid

Property tax history

+9.2%/yr

Latest (2025): $3,613 · -19.1% YoY. Source: county tax records.