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Lake CountyLeesburgKings Peninsula

Kings Peninsula, Leesburg

Kings Peninsula is a 1990s neighborhood in northeast Leesburg, in the 34788 zip code. Homes are wood frame and siding, predominantly single story. Most homes fall between about 1,000 and 2,000 square feet under air, and the median lot is roughly half an acre.

Homes here carry an HOA, billed annually, typically around $150. Confirm the figure on a specific parcel before relying on it.

What the homes are

  • Built Essentially all built in the 1990s.
  • Construction Wood frame and siding. Shingle roofs are near universal.
  • Size Most homes fall between about 1,000 and 2,000 square feet under air.
  • Bedrooms Three bedrooms is the most common plan, then two.
  • Lot The median lot is roughly half an acre.
  • HOA Billed annually, typically around $150. Confirm on a specific parcel before relying on it.

This page tracks what homes in Kings Peninsula actually sold for over the last twelve months, how long they took, and what moved the price. It is built from 3 verified closed sales in the Stellar MLS feed, not from public estimates. Every figure is a net-of-concessions number, which is explained at the bottom. Updated September 2026.

Read this one loosely. Fewer than eight homes closed here in the last year, so every median on this page rests on a small sample and can swing on a single sale.

What homes sold for in Kings Peninsula

$325,000Median sale price
$229Median per square foot
24 daysMedian days to contract
3Homes sold in 12 months

Sale prices ran from $264,500 to $468,000, which is a wide spread and the reason a single neighborhood median is a starting point rather than an answer.

Homes priced right sold far faster

Median days to go under contract. Shorter is better.

Never reduced 2 sales, closed at 97.3% of asking19 days
Reduced at least once 1 sales, closed at 81.2% of the reduced price34 days

Sellers who priced correctly and held their number went under contract in a median 19 days. Sellers who had to reduce took 34 days and still closed at 81.2% of their already reduced price, after a typical cut of $25,000. Opening high costs time and money, in that order.

Seller concessions

33%Of sales included a seller credit
$5,500Typical credit when there was one
1 of 3Sales carrying a credit

A seller credit covers part of the buyer's closing costs and comes off the seller's proceeds, so the headline sale price overstates what the seller kept. Budget for it if you are selling, and ask for it if you are buying.

How buyers paid

Cash 2 sales67%
VA 1 sales33%

Cash was 67% of purchases. A high cash share means a seller has buyers who do not depend on an appraisal, and a buyer using a loan is competing against offers that can close faster.

Questions about a specific home in Kings Peninsula, or want to know what yours would sell for?
Call or text Brenden Rendo at 407-616-9019 or send a message.

About this data. Source is the Stellar MLS feed for Kings Peninsula in Leesburg, Lake County, covering closed sales from 18 September 2025 through 13 September 2026, refreshed monthly and current as of September 2026. Prices are net of seller concessions, so they reflect what the seller actually received rather than the headline number. Data believed accurate but not guaranteed; listings and closings change daily.