500 Newell Hill Rd #101A, photo 1
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Overview

2 bd2 ba1,134 sqftCondominium
TypeCondominium
Condo dues$645/mo
Built1975
Lot1,389 sqft
Living area1,134 sqft
Price / sqft$52

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)Living Room/Dining Room ComboPrimary Bedroom Main FloorSolid Surface CountersThermostatSidewalkClubhouseCommunity Mailbox

500 Newell Hill Rd #101A is a 1975-built home in Leesburg Chesterbrook Condo, Leesburg. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,134 square feet of living space. Listed at $59,000 (about $52/sqft), 230 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. Condo dues run $645 monthly.

From the listing

NEW LOW PRICE! Welcome to Chesterbrook, a peaceful 55+ community minutes from downtown Leesburg, The Villages, and Lake Griffin. This updated 2/2 ground-floor end-unit offers a bright open layout with premium ceramic tile throughout and a relaxed, low-maintenance lifestyle. Enjoy a private enclosed patio overlooking green space—perfect for morning coffee or afternoon reading. Parking is right outside your door, and the HOA covers water, sewer, trash, and grounds maintenance, so you can truly retire your lawn mower. Community amenities: pool, clubhouse, bathhouse, shuffleboard. Close to shopping, dining, medical facilities, and the Chain of Lakes for boating and fishing. Roof replacement is already underway. Move-in ready and perfectly located—this condo is an excellent full-time home or investment opportunity.

The essentials

Built
1975
Price / sqft
$52
On market
230 days
Annual tax
$1,041
Condo dues
$645/mo
Flood zone
X · Low risk
Lot
1,389 sqft
Type
Condominium

At a glance

Condo
Built 1975
Community pool
Shared amenity
Assigned parking
1,134 sqft
Living area

Payment

Est. monthly payment
$1,069/mo
Down payment (20%)
$11,800
Property taxes
$87/mo
Condo dues
$645/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Condominium
Year Built
1975
Lot
1,389 sqft
Cooling
Central Air
Heating
Central
Parking
Assigned, Common
Days on Market
230
Ceiling Fans(s)
Living Room/Dining Room Combo
Primary Bedroom Main Floor
Solid Surface Counters
Thermostat
Sidewalk
Clubhouse
Community Mailbox
Deed Restrictions
Pool
Sidewalks
Dishwasher
Dryer
Electric Water Heater
Microwave
Range
Refrigerator
Washer
Elementary
Beverly Shores Elem
Middle
Oak Park Middle
High
Leesburg High

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on file Flood Zone X
Annual Tax (2025)
$1,041
Parcel #
24-19-24-0100-101-00A00

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Leesburg Chesterbrook Condo
County
Lake
MLS Area
34748 - Leesburg
Lot Size
1,389 sqft
City LimitsNear Public TransitSidewalkPaved
Condo dues
$645/mo
Mosaic Property Management/ Jennifer Cain

Price history

Date
Event
Price
8/27/2026
Price change
Source: Stellar MLS #G5108494
$59,000-6.3%
$52/sqft
-
Price change
Source: Stellar MLS #G5108494
$63,000-7.4%
$56/sqft
2/25/2026
Listed for sale
Source: Stellar MLS #G5108494
$68,000
$60/sqft

Neighborhood

500 Newell Hill Rd #101A
Leesburg, FL, 34748 · 34748 - Leesburg

Market insights

Offer Insights

Choose an offer strength

List price: $59,000
$57,000 – $59,000
96.6% – 100% of listTops out right at the list price
80% of listList price
7 of the last 12 condo closings in Lake County landed at this number or higher (58%). The median one sat 49 days before it went under contract, and this one is on day 230 after a $9,000 cut.

Sample: 12 closed condo sales in Lake County over the last 8 months, Stellar MLS. Widened past this ZIP to get a usable sample. A small sample in a thin market. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$1,069/mo
Principal & interest$308
Property taxes$87
Insurance$30
HOA$645
Down payment20% · $11,800
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$59,000

$52 per sq ft

Beds and baths

2 beds, 2 baths

Size

1,134 sq ft

Time on market

230 days

Year built

1975

Monthly payment

About $1,069/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $1,041 annual tax bill, insurance, and $645/mo in condo dues.

Condo dues

$645/mo

Managed by Mosaic Property Management/ Jennifer Cain.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered byRE/MAX PREMIER REALTYListing agent: James DonovanListing data from Stellar MLS, MLS# G5108494.

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