507 COTTAGE PARK LANE, LEESBURG, FL, 34748
Active31 days on marketListed Aug 23, 2026MLS #G5116515
About this home
507 COTTAGE PARK LANE
UPDATED, LOW-MAINTENANCE FLORIDA LIVING WITH NO REAR NEIGHBORS! Welcome to this charming 2-bedroom, 1-bath cottage in the gated 55+ golf community of Pennbrooke Fairways. Whether you’re searching for a full-time home or an easy seasonal retreat, this thoughtfully updated residence offers comfort, privacy and more time to enjoy the Florida lifestyle. Step inside to a bright, welcoming interior with NO CARPET, ceramic tile and laminate flooring, crown molding and attractive custom touches, including a barn door in the primary bedroom. The kitchen features granite countertops and stainless steel appliances, while the convenient interior laundry room provides additional storage. Enjoy morning coffee on the front porch or relax on the rear patio overlooking a peaceful setting with NO REAR NEIGHBORS. It’s a wonderful space for grilling, gardening or simply enjoying the Florida weather. MAJOR UPDATES ARE ALREADY COMPLETE: ROOF 2022 • ENERGY-EFFICIENT MINI-SPLIT HVAC SYSTEM 2022 • STAINLESS STEEL APPLIANCES 2023 • TANKLESS WATER HEATER 2023 • WASHER & DRYER 2023 • GRANITE KITCHEN COUNTERTOP 2023 • INSULATED GARAGE DOOR 2024 • FRONT AWNING 2024. Furniture is optional for those seeking an easy move-in transition. The HOA includes lawn service, cable and internet. Pennbrooke Fairways offers three 9-hole golf courses, two pools, a hot tub, fitness center, tennis, pickleball, softball, community restaurant, RV and boat storage, clubs, activities and community events. Conveniently located near The Villages, Brownwood and Sawgrass Squares, with shopping, dining, entertainment, medical services and everyday conveniences close by. If you’re looking for an updated, easy-care home with privacy, charm and an active Florida lifestyle, schedule your private showing and come experience this inviting home for yourself!
Facts & features
The home at a glance
2
Bedrooms
1
Bathrooms
708
Sqft
0.06 ac
Lot size
1
Garage
2004
Year built
One
Levels
$239
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$1,650 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$1,650/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs PENNBROOKE FAIRWAYS
$239 vs $177
Days on market
31 vs 57 typical
Where $239/sqft sits among the 6 homes for sale in PENNBROOKE FAIRWAYS
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Leesburg
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Leesburg. See the full Leesburg guide →
LEESBURG 34748 — neighborhood snapshot
Population
45,960
Median age
60.4
Median income
$53,768
Median home value
$226,200
Avg household
2.14
Households w/ children
3,516
For the school run
Lake County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Leesburg market
$269K → $290K
Leesburg median sold, yr/yr
96.1%
Sale-to-list ratio (12 mo)
5 of 6
PENNBROOKE FAIRWAYS have cut their price
Median sold price, Leesburg, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 39% below the LEESBURG 34748 median. See the full Leesburg market guide →
Paper trail
This home's history
Reality check
What actually sold near 507 COTTAGE PARK LANE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$119,000
730 COTTAGE PARK LANE · same community
2 bd · 2 ba · 850 sqft · $140/sqft · 107 DOM
Sold · Oct ’25$104,500
32521 W GOLF COURT · same community
2 bd · 1 ba · 936 sqft · $112/sqft · 114 DOM
Sold · Jul ’26$108,247
320 WESTWOOD DRIVE · same community
2 bd · 2 ba · 1,092 sqft · $99/sqft · 38 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Anthony Richardson
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 507 COTTAGE PARK LANE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 507 COTTAGE PARK LANE — before you fall in love.
See it in person
Schedule a tour
Live availability from Anthony's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
507 COTTAGE PARK LANE FAQs
What would the monthly payment be for 507 COTTAGE PARK LANE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,650/mo — principal and interest, the actual property-tax bill, the $265/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 507 COTTAGE PARK LANE?+
The association fee works out to $265 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 507 COTTAGE PARK LANE?+
The most recent tax bill on record (2025) was $1,867. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 507 COTTAGE PARK LANE?+
The listing reports pets: Cats OK, Dogs OK, Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Leesburg?+
At $168,900, this home is listed about 44% below the Leesburg median of $299,000. The market section on this page shows how the area is trending.
Which schools are assigned to 507 COTTAGE PARK LANE?+
Oak Park Middle School (middle), Leesburg Elementary School (elementary), Leesburg High School (high) — Lake County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of FLORIDA PLUS REALTY, LLC · Sharon Langham. MLS #G5116515.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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