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Sold for $254,000
  • $254,000

    1085 Island Way, Leesburg, FL 34748

    3beds
    2,260sqft
    Townhouse
    Built in 1983
    4,500 Square Feet Lot
    $254,200 Zestimate®
    $112/sqft
    $2,487 Estimated rent

    Home value

    $254,200

    $236,000 - $275,000

    $2,487/mo

    Zestimate® history
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    $1,696/mo

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    What's special

    Cozy fireplacePrivate dockScreened lanaiOpen floor planSoaring vaulted ceilingsEnclosed florida roomFirst-floor primary suite
    One or more photo(s) has been virtually staged. Discover the charm of lakefront living in this spacious 3-bedroom, 3-bath townhome with a versatile loft in a quiet Leesburg community. Recent updates include a brand-new air conditioning system (2025) and a water heater (2022), giving peace of mind on two major home systems. The property features a PRIVATE DOCK that can be expanded to fit a boat, offering direct access to Lake Harris, and both the land behind the home and the water in front belong exclusively to this townhouse—providing a rare sense of privacy and ownership. Inside, you’ll find an open floor plan with soaring vaulted ceilings, a cozy fireplace, an enclosed Florida room, and a screened lanai, all designed to capture tranquil views and natural light. The first-floor primary suite and additional bedrooms provide flexibility for guests or multi-generational living, while the upstairs loft with ensuite bath makes an ideal office, hobby space, or retreat. With NO HOA or CDD fees!! This home is a true opportunity to create your ideal lakefront lifestyle in a prime location close to downtown Leesburg, Venetian Gardens, and UF Health Leesburg Hospital.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Stefany Marcelino 407-493-5248,

    REDFIN CORPORATION 407-708-9747

    Bought with:

    Kristine Charles, 3371394

    CHARLES RUTENBERG REALTY ORLANDO

    Source: Stellar MLS,MLS#: O6309805MLS LogoOriginating MLS: Orlando Regional

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: First
    Bedroom 2
    • Features: Built-in Closet
    • Level: First
    Bedroom 3
    • Features: Built-in Closet
    • Level: Second
    Bedroom 4
    • Features: Built-in Closet
    • Level: Second
    Dining room
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Range, Refrigerator
    • Laundry: Inside
    Features
    • Ceiling Fan(s), Open Floorplan, Primary Bedroom Main Floor, Vaulted Ceiling(s)
    • Flooring: Carpet, Hardwood
    • Has fireplace: Yes
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 2,882
    • Total interior livable area: 2,260 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Porch
    • Exterior features: Sidewalk
    • Has view: Yes
    • View description: Water, Canal, Lagoon
    • Has water view: Yes
    • Water view: Water,Canal,Lagoon
    • Waterfront features: Canal Front, Lagoon, Lagoon Access
    • Body of water: LAKE HARRIS LAGOON
    Lot
    • Size: 4,500 sqft
    • Residential vegetation: Mature Landscaping
    Details
    • Parcel number: 261924295000004600
    • Zoning: R-1A
    • Special conditions: None

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Traditional
    • Property subtype: Townhouse
    Materials
    • Stucco
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1983

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & neighborhood

    Community
    • Community features: Deed Restrictions, Golf Carts OK
    Location
    • Region: Leesburg
    • Subdivision: LEESBURG PALM HARBOR SUB

    HOA & financial

    HOA
    • Has HOA: No
    • Services included: None
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 0

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple
    • Road surface type: Paved

    Price history

    DateEventPrice
    11/14/2025Sold$254,000-9.3%$112/sqft
    Source: Stellar MLS #O6309805 Report a problem
    10/22/2025Pending sale$280,000$124/sqft
    Source: Stellar MLS #O6309805 Report a problem
    10/13/2025Listed for sale$280,000$124/sqft
    Source: Stellar MLS #O6309805 Report a problem
    10/8/2025Pending sale$280,000$124/sqft
    Source: Stellar MLS #O6309805 Report a problem
    10/2/2025Price change$280,000-6.7%$124/sqft
    Source: Stellar MLS #O6309805 Report a problem
    8/23/2025Listed for sale$300,000$133/sqft
    Source: Stellar MLS #O6309805 Report a problem
    8/12/2025Pending sale$300,000$133/sqft
    Source: Stellar MLS #O6309805 Report a problem
    8/11/2025Price change$300,000-3.2%$133/sqft
    Source: Stellar MLS #O6309805 Report a problem
    7/23/2025Price change$310,000-3.1%$137/sqft
    Source: Stellar MLS #O6309805 Report a problem
    6/26/2025Price change$320,000-1.5%$142/sqft
    Source: Stellar MLS #O6309805 Report a problem
    5/29/2025Listed for sale$325,000$144/sqft
    Source: Stellar MLS #O6309805 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,420 +2.7%$182,020 +2.9%
    2024$2,357 +4.5%$176,890 +3%
    2023$2,255 +2%$171,740 +3%
    2022$2,212 +4%$166,740 +3%
    2021$2,127 -3.9%$161,885 +1.4%
    2020$2,214 +1.8%$159,650 +2.3%
    2019$2,176 +4.6%$156,061 +1.9%
    2018$2,080 +5.1%$153,152 +2.1%
    2017$1,978 +1.1%$150,002 +2.1%
    2016$1,957 +0.1%$146,917 +2.3%
    2015$1,954 +0.1%$143,636 +0.8%
    2014$1,952 +6.1%$142,497 +1.5%
    2013$1,840 +1.4%$140,392 +1.7%
    2012$1,815 +4.3%$138,046 +3%
    2011$1,740 +0.9%$134,026 +1.5%
    2010$1,724 +4%$132,046 +2.7%
    2009$1,658 +0.2%$128,575 +0.1%
    2008$1,654 -12.6%$128,447 +3%
    2007$1,893 -3.7%$124,706 +2.5%
    2006$1,966 +2.5%$121,665 +3%
    2005$1,919 +3.5%$118,122
    2004$1,855 -0.3%--
    2003$1,861 +3%$115,245 +4.9%
    2002$1,807 +7%$109,907 +1.6%
    2001$1,689 +1.6%$108,177 +0.3%
    2000$1,662 $107,862

    Find assessor info on the county website

    Neighborhood: 34748

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $254,200
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $254,200