Why Live in Village of Rio Ponderosa
The Village of Rio Ponderosa in Leesburg, FL, is part of The Villages community, featuring homes from the Patio Villa and Ranch Home series. These homes exhibit Minimal Traditional architecture with vinyl siding. Patio Villas, priced up to $300,000, offer one- and two-bedroom floorplans with screened-in lanais on small lots. Ranch Homes, on larger lots, have two to three bedrooms and can include pools, with prices starting around $300,000. Residents handle their own yard work, and property maintenance is emphasized due to the deed-restricted nature of the community. The neighborhood is surrounded by five nature and wildlife preserves, making it a haven for bird watchers and wildlife enthusiasts. Nearby, the De La Vista Executive Golf Course and Chula Vista Recreation Center provide recreational opportunities, including swimming, tennis, and pickleball. Spanish Springs Town Square and Lake Sumter Landing Market Square, both within a short distance, offer retail, dining, and live music. Essential services like grocery stores and professional plazas are conveniently located near these squares, while big-box stores are just over 2 miles away along U.S. Highway 441. Golf carts are a primary mode of transportation within The Villages, with dedicated lanes and pathways. For travel outside the community, a car is necessary, with Orlando's international airport approximately 60 miles away and Florida’s Turnpike less than 15 miles south. The nearest hospital is 3 miles from the neighborhood.
Frequently Asked Questions
Is Village of Rio Ponderosa a good place to live?
Village of Rio Ponderosa is a good place to live. Village of Rio Ponderosa is considered very car-dependent and somewhat bikeable. Village of Rio Ponderosa has 5 parks for recreational activities. It has a median age of 76. The average household income is $70,236 which is below the national average. College graduates make up 30.9% of residents. A majority of residents in Village of Rio Ponderosa are home owners, with 7.6% of residents renting and 92.4% of residents owning their home. A
local real estate agent serving Village of Rio Ponderosa can help you decide if this neighborhood is the right one for you. Learn more on our
Village of Rio Ponderosa neighborhood guide.
Is Village of Rio Ponderosa, FL a safe neighborhood?
Village of Rio Ponderosa, FL is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Village of Rio Ponderosa?
The median home price in Village of Rio Ponderosa is $444,000. If you put a 20% down payment of $88,800 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,300 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $99K a year to afford the median home price in Village of Rio Ponderosa. The average household income in Village of Rio Ponderosa is $70K.
What are the best public schools in Village of Rio Ponderosa?
The best public schools that serve Village of Rio Ponderosa are:
What are the most popular zip codes in Village of Rio Ponderosa, Leesburg, FL?
What are the most popular neighborhoods near Village of Rio Ponderosa, Leesburg, FL?
Are home prices dropping in Village of Rio Ponderosa?
Yes, home prices in Village of Rio Ponderosa are down 53% in the last 12 months.
Home Trends in Village of Rio Ponderosa, FL
On average, homes in Village of Rio Ponderosa, Leesburg sell after 33 days on the market compared to the national average of 70 days. The median sale price for homes in Village of Rio Ponderosa, Leesburg over the last 12 months is $440,000, down 32% from the median home sale price over the previous 12 months.
Median Sale Price
$440,000
Median Single Family Sale Price
$301,500
Median Townhouse Sale Price
$440,000
Average Price Per Sq Ft
$180
Number of Homes for Sale
0
Last 12 months Home Sales
5
Median List Price
$444,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-32%