Drive for Show, Putt for Dough: Golf Course Home [Price Improvement]

🏌️‍♂️ Golf Course Home in Gated 55+ Community – Pennbrooke Fairways (Leesburg, FL)

Spacious 3/2 located on the golf course in the sought-after Pennbrooke Fairways, a gated 55+ community just minutes from The Villages. At over 2,400 sq ft, this is one of the largest homes in the neighborhood. Needs cosmetic updates, but bones appear solid.

Roof age is unknown (no permits found), so we recommend budgeting conservatively for future replacement if needed. HOA is only $250/month and includes access to an extensive list of amenities (see Pennbrooke Fairways website for full list).

💡 ARV estimated at $340K+ based on size and location. Most nearby comps are smaller and dated—this one offers serious upside with the right touch.

Comps:

Actives

• 321 Ranchwood Dr – 3/2/2 | 1,894 sf (1988) – Listed $325,000
• 353 Ranchwood Dr – 3/2/2 | 1,755 sf (1996) – Listed $334,000
• 1213 Meadowbend Dr – 3/2/3 | 1,855 sf (2003) – Listed $359,900

Solds

• 33401 Pennbrooke Pkwy – 2/2/2 | 1,736 sf (2003) – Sold $301,000
• 32800 Oak Park Dr – 3/2/2 | 1,780 sf (1998) – Sold $323,750
• 414 Grand Vista Trl – 3/2/2 | 2,329 sf (2004) – Sold $330,000

🛠️ Estimated Rehab: $50K–$60K
💰 Price: $215,000
📈 ARV: $340,000+

Multiple exit strategies: flip, rental, or long-term hold with equity upside in a high-demand 55+ community.