
11506 LAKE DR, LEESBURG, FL, 34788
Active20 days on marketListed Sep 2, 2026MLS #G5116834
About this home
11506 LAKE DR
Virtually Staged. Unbeatable value on the water, true Florida living! Experience exceptional waterfront living in this beautifully updated 3 bedroom, 2 bath home, complete with a dedicated private office/den and a heated pool. Offering 1,896 sq. ft. of thoughtfully designed living space, this home features sweeping, unobstructed water views from both the main living area and the primary suite, perfect for taking in vibrant Florida sunsets and local wildlife. Beyond the light filled interior, major big ticket updates provide total peace of mind: Roof (2023), A/C (2022), and Water Heater (2024). Step outside into your fully fenced backyard oasis, featuring a freshly resurfaced and retiled pool (2026) equipped with a new electric heater and pump (2024) for year round enjoyment. Vehicle and storage space abound with a generous oversized 3 car garage and complete with an air conditioned storage closet, plus an extended paved side pad for extra parking. Ideally located just minutes from dining, shopping, and entertainment in historic downtown Mount Dora, Leesburg, Tavares, and Eustis. Schedule your private showing today!
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,896
Sqft
0.34 ac
Lot size
3
Garage
1999
Year built
One
Levels
$227
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.
$3,349 /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
$3,349/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.
vs edgeAI estimate
+0.3%
$/sqft vs Leesburg actives
$227 vs $167
Days on market
20 vs 57 typical
Where $227/sqft sits among the 400 Leesburg actives
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 Bassville Park
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Leesburg. See the full Leesburg guide →
Bassville Park — neighborhood snapshot
Population
8,471
Median age
52
Median income
$45,021
Median home value
$179,446
Avg household
3
Households w/ children
691
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)
241 of 400
Leesburg actives have cut their price
Median sold price, Leesburg, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 46% above the LEESBURG 34788 median. See the full Leesburg market guide →
Paper trail
This home's history
Reality check
What actually sold near 11506 LAKE DR
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Sep ’26$339,900
11637 LAKE DRIVE · same community
3 bd · 2 ba · 1,898 sqft · $179/sqft · 109 DOM
Sold · Feb ’26$310,000
11201 FOUNTAIN LAKE BOULEVARD · same community
3 bd · 3 ba · 1,691 sqft · $183/sqft · 129 DOM
Sold · Dec ’25$280,000
33320 COUNTY ROAD 473 · same community
3 bd · 2 ba · 1,660 sqft · $169/sqft · 150 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
Zack Zonker
President Tampa Division · CENTURY 21 Edge
Tours, negotiation, and every question about 11506 LAKE DR — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 11506 LAKE DR — before you fall in love.
See it in person
Schedule a tour
Live availability from Zack's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
11506 LAKE DR FAQs
What would the monthly payment be for 11506 LAKE DR?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,349/mo — principal and interest, the actual property-tax bill, the $31/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 11506 LAKE DR?+
The association fee works out to $31 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 11506 LAKE DR?+
The most recent tax bill on record (2025) was $5,244. 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 11506 LAKE DR?+
The listing reports pets: Cats OK, Dogs OK. 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 $429,900, this home is listed about 44% above the Leesburg median of $299,000. The market section on this page shows how the area is trending.
Which schools are assigned to 11506 LAKE DR?+
Treadway Elementary School (elementary), Tavares High School (high), Tavares Middle School (middle) — Lake County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$429,900 runs 46% above the LEESBURG 34788 median — but at 1,896 sqft it's also 15% larger than the typical Leesburg listing.
02Your own pool
A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.
03The price has already moved
Listed at $449,900, now $429,900 — a $20K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of GARRISON REALTY GROUP LLC · Jennifer Garrison. MLS #G5116834.
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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