$285,288Average Value$187Average Price per Sq Ft96Homes For Sale
A community right by an expansive lake, a famous racetrack and a recently renovated downtown
Off the shores of Lake Istokpoga and within reach of Historic Downtown Sebring is Spring Lake Village’s improvement district, or SLID for short. The community was founded in 1971 as a form of a municipality and continues to self-operate – with water, street maintenance, mowing and recreational facilities. The community is home to Sebring International Golf Resort. The area is also in proximity to one of Sebring’s main attractions, the Sebring International Raceway. “We do a lot of track rentals for affluent folks from the coast – like doctors and lawyers – who want a place to drive their sports cars,” says Elizabeth Compton, a lifelong Sebring resident and the marketing director for the Sebring International Raceway. “But we’re mainly known for 12 Hours of Sebring. It’s globally known; we get visitors from all over the country and over 20 countries.” Compton says the raceway has a multi-generational, 'cult-like' following and has contributed over $600 million back to Sebring's local businesses and community organizations. “Because Spring Lake is so close to the track, short-term rentals are super popular here,” Compton adds. “People recognize that it’s a good way to make money.” Spring Lake Village is not far from both Sebring and Lake Placid, both offering downtown areas experiencing exponential growth since 2020. “Not only are you right by the racetrack, you’ve got downtown nearby,” says Lisa Kneram, a Sebring resident and broker with RE/MAX Realty Plus. “It’s been renovated, so a ton of new shops and restaurants are coming in.” Sebring’s central location makes it two hours from the coast and big cities, a factor that has drawn homebuyers from the busy life of coastal cities.
Founded in 1971 Spring Lake Village is a gem just outside of Sebring.
Sebring International Raceway is the city's main attraction, hosting the annual 12Hrs of Sebring
Off the shores of Lake Istokpoga and within reach of Downtown Sebring is Spring Lake Village.
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A convenient investment opportunity for short-term rentals
There are five Homeowners Associations throughout Spring Lake, all with varying fees and regulations. Creeks and small bodies of water break up bright green lawns in Spring Lake Village. The neighborhood is fixed to the Spring Lake Golf Course, multiple parks, Lake Istokpoga, the Sebring Airport and the Sebring International Raceway. “People should already know what they’re getting into when moving to Spring Lake Village,” Compton says. “You live right next to the airport and a racetrack; there’s going to be noise.” The nearby sounds of engines and take-offs aren’t stopping the area’s continuous growth. “Ever since 2020, our community has exploded, and there were no houses on the market,” Compton adds. Developers have since added new builds, often one-story villas painted in coastal shades of blue and yellow. Most properties offering two to three bedrooms have a price range of $200,000 to $290,000; new construction with three to four bedrooms is priced from $300,000 to roughly $400,000. Vacant plots of land are also available, with prices starting at $16,500 and climbing up to $50,000, depending on acreage. Homebuyers are starting to notice the investment potential of properties located next to the famous raceway. “There are no hotels, and camping spots are hard to come by,” Compton says. “People can make their monthly mortgage in that one week during 12 Hours of Sebring. So, it’s a really great incentive to buy property here.” Companies like Racetrack Rentals partner with homeowners to lease out their homes to fans, drivers and pit crews.
Play a round of golf with friends at the Spring Lake Golf Course in Spring Lake Village.
2 - 4 Bedroom Villas in Spring Lake Village offer luxury living for those on a budget.
Spring Lake Village offers vacant lots with a price range of $16,500 and $50,000.
Spring Lake Village has become an investors dream with rental properties being a favorite.
New builds in Spring Lake Village see prices between $300,000 to $400,000.
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Central Florida's lakes, state and small pocket parks
Most homes are within walking distance of the Spring Lake Golf Course and a few parks. Pine Breeze Park is home to the Spring Lake Community Center, tennis and basketball courts, a playground and shaded pavilions. The Spring Lake Pickleball Club was founded in 2023 after multiple courts were added throughout the neighborhood. “William Gentry Eco-Park is newer; I think it opened in 2017,” Compton says. The park’s 1-mile paved trail loops around a pond, which Compton says is perfect for rollerblading and strollers. The community has also enjoyed the recent addition of the Spring Lake Dog Park, affectionately known as the “Bark Park”. Florida’s first state park is roughly 16 miles north of Spring Lake Village. The 9,000-acre Highlands Hammock State Park was opened four years before the establishment of the Florida State Park System in 1935 and is subsequently listed on the National Register of Historic Places. “It’s truly an anchor in our community,” Compton says. It is home to large oak trees rumored to be over 1,000 years old. Spring Lake Village hugs the expansive Lake Istokpoga, which is one of the state’s largest lakes behind Lake Okeechobee. The waterfront is a popular hub for fishing tournaments and boating, with ramps situated at Istokpoga Park across Highway 98.
The Spring Lake Pickleball Club was founded in 2023 after multiple courts were added to the area
Spring Lake Village hugs the expansive Lake Istokpoga which is great for Largemouth Bass.
New additions to Spring Lake Village include William Gentry Eco-Park wit hits paved paths.
Pet Owners delight in the large Spring Lake Pet Park located in William Gentry Eco-Park.
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Highlands County School District takes advantage of Avon Lake Air Force Range
The Highlands County School District serves Spring Lake Village students. Schools include Fred Wild Elementary School and Sebring Middle School, which share a B-minus grade from Niche. Sebring High School earns a B and offers extracurricular activities, such as band, choir and the Air Force Junior Reserve Officer Training Corps. Highlands County also offers a virtual school program for students interested in earning a diploma outside the classroom.
Sebring High School is a B rated school with over 1,600 studentws
Sebring Middle School gets high approval ratings from parents and students in the Sebring area.
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Residents race to 12 Hours of Sebring every March
Sebring International Raceway is the city’s main attraction, hosting the annual 12 Hours of Sebring WeatherTech SportsCar Championship since 1952. Compton says the festival-adjacent event can get a little rowdy, but has gradually become more family-friendly. The raceway attracts multi-generational fans and rakes in nearly $600 million of revenue that racetrack staff helps cycle back into local organizations and businesses in Sebring. Lake Placid, which is south of the city, draws crowds to the Caladium Festival every July. Live theater can be enjoyed at the waterfront Highlands Lakeside Theatre and the Alan Jay Wildstein Center for Performing Arts located at South Florida State College.
Sebring International Raceway is home to the 12 hours of Sebring an annual endurance race.
Sebring International Raceway is the city's main attraction, hosting the annual 12Hrs of Sebring
Originally built as an airfield for B-17 pilots Sebring still utilizes the old concrete runway.
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Getting in and around Spring Lake Village
Most Sebring residents drive a private vehicle as the city does not currently have public transportation. US Highway 27 and an adjacent sidewalk encircle Lake Jackson. The highway gives way to the more rural parts of Sebring, along with several restaurants and nurseries and merges into Highway 98, which runs straight into Spring Lake Village. HCA Florida Highlands Hospital is 8 miles north for immediate healthcare needs. Sebring Airport Authority is situated less than 1 mile from most residences. The regional airport does not provide passenger services, so most commute to Orlando or Tampa International Airports, which are 126 and 122 miles away, respectively. “We’re an hour and a half from everything, including either coast and all the big cities,” Compton says. “But that’s the beauty of Sebring; You’re in a small town just far enough away from everything busy.” Located in the Sebring Downtown Historic District is the Sebring Station, which provides Avon Park, Sebring and Lake Placid with Amtrak services to Miami, Orlando and Tampa.
Highway 27 is one of the main thoroughfares in Spring Lake Village.
Sebring Airport is situated less than 1 mile from most residences of Spring Lake Village.
HCA Florida Highlands Hospital is 8 miles north for immediate healthcare needs.
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Sebring is all about shopping local
The Heartland Speakwasy is situated next to the Spring Lake Golf Course. Here, golfers can grab quick American fare bites before or after tee time. Highway 98 jets through the middle of the neighborhood, offering residents both a Dollar General and The Gator Shack – a no-frills diner serving gator tacos and a smoked fish dip. Along US Highway 27 are other options like Cowpoke’s Watering Hole. Gator bites, scallops and salmon can be enjoyed at the restaurant’s outdoor tiki bar and patio. Southgate Shopping Center is 9 miles north, offering Publix Super Market and Winn-Dixie. Supporting small, local businesses is a shared value of Sebring residents, and with a growing list of restaurants, bakeries and boutiques near Circle Park, there are now a variety of options for every shopper. The small shopping center was recently rejuvenated by HGTV’s Hometown Makeover – painting the once-aging storefronts in pastels and adding modern outdoor seating arrangements. "We just got a Chick-fil-A, so we often joke that we're 'Big Town' now," Kneram says. New businesses include the Sebring Soap Company, owned by Chris and Robert Adams. The duo has plans to expand its offerings to include candles and a coastal-themed clothing line.
Golfers can grab quick American fare bites before or after tee time at the Heartland Speakeasy.
Just outside of Spring Lake Village lies Cowpoke’s Watering Hole a local favorite for food.
Resdents of Spring Lake Village flock to their local Publix for fresh produce and groceries.
Dollar General is a great spot for great priced goods in Spring Lake Village.
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The new Storm Water Treatment area at William Gentry Eco-Park offer great protection from flood.
Important to know
The Improvement District continues to improve, with over $13 million allocated and dedicated to restoration and construction projects, like a new Storm Water Treatment area, an eco-park and dog park. “They have an award-winning water treatment system,” Kneram says. “The water quality they provide is unmatched.”Because of Sebring’s central location, the area is not impacted as heavily as coastal cities like Tampa. Highlands County is considered to be in Flood Zone A and AE.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Lisa Kneram PA,
an experienced agent in this neighborhood.
Parks in this Area
William J Gentry Jr Memorial Eco Park
Crime and Safety
1 - Low Crime, 10 - High Crime
Spring Lake Village
US
Homicide
3
4
Sexual Assault
2
4
Assault with Weapon
3
4
Robbery
2
4
Burglary
2
4
Motor Vehicle Theft
1
4
Larceny
1
4
Crime Score
2
4
Source: WhatIsMyCrimeRisk.com
Spring Lake Village Demographics and Home Trends
On average, homes in Spring Lake Village, Sebring sell after 91 days on the market compared to the national average of 49 days. The median sale price for homes in Spring Lake Village, Sebring over the last 12 months is $224,900, down 4% from the median home sale price over the previous 12 months.
Thinking about building? This might be the land for you! This 0.51-acre residential land is located in a popular neighborhood that is growing rapidly. From newly built homes to shopping centers, Spring Lake is the place to invest now before it's too late! There is a canal on the property that can be accessed for irrigation. Utilities are available and close which makes it convenient for anyone to
Dive In and Get ready to cool off in this fabulous three-bedroom, two-bath home located in the beautiful Spring Lake community. The property backs up to a preserve for added privacy. As you enter the home, you'll be greeted by an expansive living room that overlooks the pool area. There's a formal dining room at the entryway that leads you into the large kitchen, wh ich features bar-top seating.
++ GORGEOUS , SPACIOUS, WELL LOCATED ++ Beautiful, large home for sale in an excellent neighborhood. This lot is almost half of an acre, giving you plenty of yard space & room for a pool! This home has been well-loved & well-maintained by its owner for over 20 years! New Roof 2024. Updated AC. Updated light fixtures & painting throughout. Large, air-conditioned garage with an adjacent screened-in
Welcome to Spanish Moss Eco Apartments, where luxury meets sustainability in the heart of Sebring, FL. Our brand-new 1- and 2-bedroom apartments, ranging from 670 sf to 1,076 sf, built in 2024, offers a modern and eco-friendly living experience. With prices starting at $1,695 to $2095 a month, these apartments are perfect for individuals seeking a comfortable and convenient lifestyle.At
This 2 bedroom/2 Baths property is part of a 4-unit complex. It has all tile flooring, screened back porch and hook ups for a stack washer-dryer. Located in the beautiful neighborhood of Spring Lake. Near Golfing, Restaurants, Dollar Store, Race track and Airport.
Jean EckmanCentral Florida Property Management, LLC
New construction, 2 bedroom, 2 bathroom duplex. Large fenced in back yard, lawn care included in the rent. Spacious living room open to the kitchen and dinette area. Large master bedroom with master shower, walk in closet and his and hers vanity. Two car garage with additional storage space. Located in the beautiful Spring Lake Community with a golf course, restaurant, and nature walking area. NO
Interested in learning more about homes in this area?
Reach out to
Lisa Kneram PA,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
2,972
Median Age
62
Population under 18
13.1%
Below the national average
23.8%
Population over 65
44.6%
Significantly above the national average
19.1%
Finances
Median Household Income
$63,395
Below the national average
$71,702
Average Household Income
$77,886
Education and Workforce
High School Graduates
93.8%
College Graduates
12.6%
Below the national average
34.1%
Advanced Degrees
6.7%
% Population in Labor Force
39.1%
Significantly below the national average
65.1%
Area Factors
Somewhat Bikeable
Bike Score®
26/ 100
Car-Dependent
Walk Score®
6/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
