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137 W Sterling Way, Leesburg, FL, 34788

2beds
2baths
0sqft
$109,000
--price/sqft
$886/moest. monthly cost
$35,440/yrincome needed

About This Home

Welcome to your waterfront retreat in sought-after Mid Florida Lakes! This beautifully renovated, meticulously maintained, and fully furnished 2 bedroom, 2 bathroom canal-front home is truly move-in ready and offers the perfect blend of comfort, style, and Florida living. Step inside to a bright and inviting interior featuring beautiful laminate flooring throughout, drywalled walls, and elegant trim work that gives the home a modern, finished feel. The stunning kitchen is packed with cabinetry for exceptional storage and functionality, making it ideal for both everyday living and entertaining. The spacious primary and secondary bedrooms provide comfort and privacy, while both bathrooms have been tastefully updated. Enjoy added convenience and style with remote control blinds in the living area and 2" faux wood blinds in the bedrooms. One of the standout features of this home is the incredible waterfront setting. Relax year-round in the fully enclosed lanai overlooking the canal, or enjoy the breeze from the additional screened lanai-perfect for morning coffee or evening unwinding while taking in the peaceful water views. Being offered furnished, this home is ready for its new owners to start enjoying immediately. Seller is motivated, making this an excellent opportunity to own a waterfront property in a premier community. Located in Mid Florida Lakes, a gated 55+ community known for its resort-style amenities and vibrant lifestyle, residents enjoy access to multiple pools, fitness center, clubhouse, marina, boat storage, and a full calendar of social activities. With direct access to the Harris Chain of Lakes, you'll have endless opportunities for boating, fishing, and waterfront dining across one of Central Florida's most desirable lake systems. Don't miss your chance to own this beautifully updated canal-front home-schedule your private showing today!

Getting Around

8
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

7/10
5/10
Tavares Middle SchoolGrades 6-87.1 mi
4/10
Tavares High SchoolGrades 9-125.0 mi

Construction

Condition

  • Year built: 1972

Materials

  • Roof: Metal
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MobileManufactured
  • Property subType: Manufactured Home

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Refrigerator,Microwave,Oven,Washer,Water Heater

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Laminate,Tile
  • Finished area above ground: 1,292

Heating & Cooling

  • Heating features: Electric,Heat Pump
  • Cooling features: Central

Interior Area

  • Total structure area: 1,292

Kitchen

  • Features: Pass-Through,Laminate Counters

Property

Details

  • On leased land: Yes
  • Lease amount: 1100

Features

  • Patio & porch: Patio,Enclosed Porch,Screened Porch
  • Has view: Yes
  • View description: Canal
  • Has water view: Yes
  • Water view: Canal
  • On waterfront: Yes
  • Waterfront features: Canal
  • Waterbody name: Access Haines Creek - Harris Chain Of Lakes

Parking

  • Parking features: Carport
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Hurricane
    HurricaneModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Strong Wind
Tornado
Hurricane
Wildfire

FEMA Declared Disasters in Lake County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $551$6,612
Home Insurance *$69$828
Property Taxes $69$828
Electricity $197$2,366
Total$886$10,632
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$30,377/yr
40% on housing$26,580/yr
45% on housing$23,626/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.9%
14.9%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 34788$77
Lake County$157

vs Homes Sold Last Month

Median $/sqft

ZIP 34788$170
Lake County$206

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-23Listed for sale$109,000
2025-05-25Listing removed$129,000
2025-04-07Listed for sale$129,000
2021-05-19Listing removed--
2021-04-16Pending sale$75,000
2021-04-07Listed for sale$75,000
2020-01-10Listing removed$64,900
2019-12-05Pending sale$64,900
2019-11-26Listed for sale$64,900

For Sale by Agent

AgentMary-beth Palerino
BrokerageWeichert Realtors Hallmark Properties

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