NOT LISTED FOR SALE

1085 Island Way Leesburg, FL 34748

Leesburg Area

Estimated Value: $247,000 - $359,419

3 Beds
3 Baths
2,260 Sq Ft
$125/Sq Ft Est. Value

Sale Details

Date Sold: November 14, 2025

Last sale price $254,000 $112 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,752 / mo

144 Days on Market

Highlights

  • Access To Lagoon or Estuary
  • Lagoon View
  • Home fronts a canal
  • Home fronts a lagoon or estuary
  • Open Floorplan
  • Vaulted Ceiling

About This Home

As of November 2025

One or more photo(s) has been virtually staged. Discover the charm of lakefront living in this spacious 3-bedroom, 3-bath townhome with a versatile loft in a quiet Leesburg community. Recent updates include a brand-new air conditioning system (2025) and a water heater (2022), giving peace of mind on two major home systems. The property features a PRIVATE DOCK that can be expanded to fit a boat, offering direct access to Lake Harris, and both the land behind the home and the water in front belong exclusively to this townhouse—providing a rare sense of privacy and ownership. Inside, you’ll find an open floor plan with soaring vaulted ceilings, a cozy fireplace, an enclosed Florida room, and a screened lanai, all designed to capture tranquil views and natural light. The first-floor primary suite and additional bedrooms provide flexibility for guests or multi-generational living, while the upstairs loft with ensuite bath makes an ideal office, hobby space, or retreat. With NO HOA or CDD fees!! This home is a true opportunity to create your ideal lakefront lifestyle in a prime location close to downtown Leesburg, Venetian Gardens, and UF Health Leesburg Hospital.

Last Agent to Sell the Property

Stefany Marcelino

RE/MAX INNOVATION Brokerage Phone: 407-708-9747 License #3362931 Listed on: 05/29/2025

RE/MAX INNOVATION

Last Buyer's Agent

Kristine Charles

CHARLES RUTENBERG REALTY ORLANDO License #3371394

CHARLES RUTENBERG REALTY ORLANDO

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,357

Year Built

  • Built in 1983

Lot Details

  • 4,500 Sq Ft Lot
  • Home fronts a lagoon or estuary
  • Home fronts a canal
  • West Facing Home
  • Mature Landscaping

Parking

  • 2 Car Attached Garage

Property Views

  • Lagoon
  • Canal

Home Design

  • Traditional Architecture
  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,260 Sq Ft Home
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room
  • Laundry in unit

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Outdoor Features

  • Access To Lagoon or Estuary
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Leesburg Palm Harbor Sub Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,357

Year Built

Built in 1983

Lot Details

4,500 Sq Ft Lot

Parking

2

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Traditional
  • Construction Materials: Stucco
  • Fireplace: Yes
  • Living Area: 2260
  • Lot Size Acres: 0.1
  • New Construction: No
  • Year Built: 1983
  • Building Area Total: 2882
  • Lot Size Sq Ft: 4500
  • Status: Sold
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 267.75
  • Escrow City: Tampa
  • Escrow State: FL
  • Escrow Street Name: N Westshore Blvd Ste 701
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 112.39
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 407-708-9747
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Wood
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Open Floorplan, Primary Bedroom Main Floor, Vaulted Ceiling(s)
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Living Area Meters: 209.96

Exterior Features

  • Direction Faces: West
  • Exterior Features: Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: LAKE HARRIS LAGOON
  • Waterfront: Yes
  • Patio and Porch Features: Porch
  • Road Surface Type: Paved
  • Water Access: Lagoon
  • Water View: Canal,Lagoon
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12069C0317E

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Golf Carts OK
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R-1A
  • Parcel Number: 26-19-24-2950-000-04600
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Buyer and buyers agent to verify any and all rules and regulations deemed important with the city of Leesburg. This property has NO HOA.

Tax Info

  • Tax Annual Amount: 2357
  • Tax Block: 000
  • Tax Book Number: 25-58
  • Tax Lot: 46

Multi Family

  • Waterfront Features: Canal Front, Lagoon

Matterport 3D Tour

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2025
Closed on
Nov 14, 2025
Sold by
Bought by
Seller's Agent
Stefany Marcelino
RE/MAX INNOVATION
Buyer's Agent
Kristine Charles
CHARLES RUTENBERG REALTY ORLANDO
List Price
$280,000
Sold Price
$254,000
Premium/Discount to List
-$26,000
-9.29%
Views
195
Current Estimated Value
$283,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,105
Avg. Annual Appreciation
16.26%
Original Mortgage
$203,200
Outstanding Balance
$202,430
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$80,675

Purchase Details

Closed on
Aug 16, 2001
Sold by
Bought by

Purchase Details

Closed on
Jul 23, 1993
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.34%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Leesburg, FL

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$254,000 None Listed On Document
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $203,200
Previous Owner $50,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/14/2025 11/14/25 Sold $254,000 -9.3% $112 / Sq Ft
10/20/2025 10/20/25 Pending -- -- --
10/13/2025 10/13/25 For Sale $280,000 0.0% $124 / Sq Ft
10/07/2025 10/07/25 Pending -- -- --
10/02/2025 10/02/25 Price Changed $280,000 -6.7% $124 / Sq Ft
08/23/2025 08/23/25 For Sale $300,000 0.0% $133 / Sq Ft
08/12/2025 08/12/25 Pending -- -- --
08/11/2025 08/11/25 Price Changed $300,000 -3.2% $133 / Sq Ft
07/23/2025 07/23/25 Price Changed $310,000 -3.1% $137 / Sq Ft
06/26/2025 06/26/25 Price Changed $320,000 -1.5% $142 / Sq Ft
05/29/2025 05/29/25 For Sale $325,000 -- $144 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $2,357 $256,284 $53,275 $203,009
2025 $2,255 $182,190
2024 $2,255 $182,190
2023 $2,255 $171,740 $0 $0
2022 $2,212 $166,740 $0 $0
2021 $2,127 $161,885 $0 $0
2020 $2,214 $159,650 $0 $0
2019 $2,176 $156,061 $0 $0
2018 $0 $153,152 $0 $0
2017 $2,036 $150,002 $0 $0
2016 $2,015 $146,917 $0 $0
2015 $1,954 $143,636 $0 $0
2014 $1,952 $142,497 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: O6309805

Stellar MLS

APN: 26-19-24-2950-000-04600

Your Personal Tour Guide

Ask me questions while you tour the home.