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For sale
    • Price cut: $10K (7/13)
    $320,000

    12023 Indian Grass Way, Leesburg, FL 34788

    5beds
    1,984sqft
    : 
    $2,181/mo
    Get pre-qualified
    Single Family Residence
    Built in 2020
    0.5 Acres Lot
    $316,300 Zestimate®
    $161/sqft
    $60/mo HOA

    What's special

    Picnic area
    Searching for a 5-bed single family home in Leesburg under $320,000 that fits an investor strategy, first time buyer budget, or a growing family’s space needs? This 2020 built home offers 1,984 square feet, 5 bedrooms, 3 bathrooms, a 21,657 square feet lot, and low HOA in Meadow Ridge of Grand Island. This 5-bed single family home in Leesburg under $320,000 stands out for versatility and value. With five true bedrooms and three full baths, the layout supports rental potential, multigenerational living, or room to grow. The open concept living and dining areas flow into a kitchen with stainless steel appliances, creating a functional and inviting heart of the home. Major systems including the roof, HVAC, and water heater are 6 years old, and the interior has been freshly painted. The oversized 21,657 square feet lot offers outdoor flexibility rarely found at this price point. HOA is just $60 per month and includes deed restrictions, playground, and picnic area. Enjoy proximity to Lake Griffin and Lake Harris for boating and fishing, plus Herlong Park, Singletary Park, Venetian Gardens, Flat Island Preserve, and PEAR Park. Near Wedgewood Golf Course and convenient to downtown Leesburg shops, restaurants, Lake County Fairgrounds, and major routes toward Orlando. Zoned for Treadway Elementary, Eustis Middle, and Eustis High School. Opportunity, space, and lifestyle align here. Schedule your showing today.
    150 days
    |
    275
    |
    25
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Josue Soto 321-945-8315,

    EXP REALTY LLC 888-883-8509

    Source: Stellar MLS,MLS#: O6380156MLS LogoOriginating MLS: Orlando Regional

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: First
      • Area: 219.76 Square Feet
      • Dimensions: 13.4x16.4
      Bedroom 2
      • Features: Built-in Closet
      • Level: First
      • Area: 98.39 Square Feet
      • Dimensions: 10.8x9.11
      Bedroom 3
      • Features: Built-in Closet
      • Level: First
      • Area: 100 Square Feet
      • Dimensions: 10x10
      Bedroom 4
      • Features: Built-in Closet
      • Level: First
      • Area: 100 Square Feet
      • Dimensions: 10x10
      Bedroom 5
      • Features: Built-in Closet
      • Level: First
      • Area: 120 Square Feet
      • Dimensions: 12x10
      Primary bathroom
      • Level: First
      • Area: 71.38 Square Feet
      • Dimensions: 8.3x8.6
      Bathroom 2
      • Level: First
      • Area: 51.38 Square Feet
      • Dimensions: 12.5x4.11
      Bathroom 3
      • Level: First
      • Area: 50.96 Square Feet
      • Dimensions: 9.8x5.2
      Dining room
      • Level: First
      • Area: 118.41 Square Feet
      • Dimensions: 14.6x8.11
      Foyer
      • Level: First
      • Area: 250 Square Feet
      • Dimensions: 10x25
      Kitchen
      • Level: First
      • Area: 208.32 Square Feet
      • Dimensions: 12.4x16.8
      Laundry
      • Level: First
      • Area: 31.16 Square Feet
      • Dimensions: 5.1x6.11
      Living room
      • Level: First
      • Area: 237.6 Square Feet
      • Dimensions: 12x19.8
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
      • Laundry: Inside, Laundry Room
      Features
      • Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Thermostat
      • Flooring: Carpet, Ceramic Tile
      • Doors: Sliding Doors
      • Has fireplace: No
      Interior area
      • Total structure area: 1,944
      • Total interior livable area: 1,984 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway, Garage Door Opener
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      • Details: Garage Dimensions: 20x20
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Irrigation System, Lighting, Sidewalk
      Lot
      • Size: 0.5 Acres
      • Features: Corner Lot, In County, Near Public Transit, Sidewalk
      • Residential vegetation: Mature Landscaping
      Details
      • Parcel number: 011925001100019000
      • Zoning: RES
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Block, Stucco
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 2020

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Electricity Connected, Sewer Connected, Street Lights, Underground Utilities, Water Connected

      Community & HOA

      Community
      • Features: Deed Restrictions, Playground
      • Pet fee: $0 monthly
      • Subdivision: MEADOW RIDGE OF GRAND ISLAND
      HOA
      • Has HOA: Yes
      • HOA fee: $60 monthly
      • HOA name: RealManage
      • HOA phone: 866-473-2573
      Location
      • Region: Leesburg

      Financial & listing details

      • Price per square foot: $161/sqft
      • Tax assessed value: $306,852
      • Annual tax amount: $4,909
      • Date on market: 2/26/2026
      • Cumulative days on market: 149 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved, Asphalt

        Estimated market value

        $316,300

        $300,000 - $332,000

        $2,480/mo

        Price history

        DateEventPrice
        7/13/2026Price change$320,000-3%$161/sqft
        Source: Stellar MLS #O6380156 Report a problem
        6/8/2026Price change$330,000-2.9%$166/sqft
        Source: eXp Realty #O6380156 Report a problem
        4/7/2026Price change$339,900-1.5%$171/sqft
        Source: eXp Realty #O6380156 Report a problem
        2/26/2026Listed for sale$345,000$174/sqft
        Source: eXp Realty #O6380156 Report a problem
        1/13/2026Listing removed$2,025$1/sqft
        Source: Zillow Rentals Report a problem
        12/19/2025Price change$2,025-1.2%$1/sqft
        Source: Zillow Rentals Report a problem
        11/8/2025Price change$2,050-2.4%$1/sqft
        Source: Zillow Rentals Report a problem
        10/24/2025Price change$2,100-1.4%$1/sqft
        Source: Zillow Rentals Report a problem
        10/18/2025Price change$2,130-1.4%$1/sqft
        Source: Zillow Rentals Report a problem
        10/12/2025Listed for rent$2,160$1/sqft
        Source: Zillow Rentals Report a problem
        9/20/2025Listing removed$2,160$1/sqft
        Source: Zillow Rentals Report a problem
        9/19/2025Price change$2,160-1.4%$1/sqft
        Source: Zillow Rentals Report a problem
        8/28/2025Listed for rent$2,190+4.5%$1/sqft
        Source: Zillow Rentals Report a problem
        6/14/2023Listing removed--
        Source: Zillow Rentals Report a problem
        6/9/2023Price change$2,095-2.3%$1/sqft
        Source: Zillow Rentals Report a problem
        5/26/2023Price change$2,145-2.3%$1/sqft
        Source: Zillow Rentals Report a problem
        5/5/2023Price change$2,195-6.4%$1/sqft
        Source: Zillow Rentals Report a problem
        4/11/2023Listed for rent$2,345$1/sqft
        Source: Zillow Rentals Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,910 +3.8%$306,852 +5.4%
        2024$4,729 +14.7%$291,060 +10%
        2023$4,124 +8%$264,605 +7.1%
        2022$3,817 +19.8%$246,992 +13.8%
        2021$3,185 +679.2%$217,019 +682.1%
        2020$409 $27,750
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 34788

        Getting around

        0 / 100
        Car-Dependent
        23 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Treadway Elem
        • Middle: Eustis Middle
        • High: Eustis High School

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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