David Ramirez
$640,0005 bd3.5 ba3,350 sqft$191 /sqft$4,267 /mo all-in ↓

8943 SILVER LAKE DRIVE, LEESBURG, FL, 34788

Active153 days on marketListed Mar 4, 2026MLS #TB8481421

WaterfrontPrivate poolSingle Family ResidenceSILVER LAKE ESTATES

About this home

8943 SILVER LAKE DRIVE

This Silver Lake waterfront 5 bedroom/3.5 bath home is located on a quiet lot in the heart of Leesburg. Walk into the oversized great room with vaulted ceilings and a cozy brick fireplace. Large windows offer an abundance of natural light and picturesque water views. The bright kitchen (with a new refrigerator and dishwasher) was recently redone. The interiors have been freshly painted. An office/library with built in bookcases and a desk offers a relaxing place to read or work. The master bedroom is a serene retreat and has a private bathroom with two vanities. The screened in pool area is perfect for outdoor entertaining. Adjacent to the pool area is a game room/guest house which has a spacious bedroom with a sitting area. Unique features of this house include Gothic windows and bay windows with window seating. There is a roomy 2 car garage with plenty of storage. The washer and dryer are new. The generous 1.44-acre lot size provides potential with room to expand. The house is in the established Silver Lake Estates community and conveniently located near schools (Treadway Elementary and Lake Sumter State College), restaurants, shopping, and Leesburg International Airport.

Facts & features

The home at a glance

5

Bedrooms

3.5

Bathrooms

3,350

Sqft

1.5 ac

Lot size

2

Garage

1984

Year built

One

Levels

$191

Per sqft

Private poolWaterfrontFireplaceNegotiable

Inside

FlooringEngineered Hardwood · Laminate · Tile
AppliancesConvection Oven · Dishwasher · Dryer · Microwave · Range Hood · Refrigerator · Washer · Water Softener
InteriorVaulted Ceiling(s) · Window Treatments
LaundryIn Garage
CoolingCentral Air
HeatingCentral
FurnishedNegotiable

Outside & construction

RoofBuilt-Up
ConstructionBlock
FoundationSlab
FacesNortheast
ParkingGarage Door Opener · Garage Faces Side
ExteriorCourtyard

Community & fees

Taxes (2025)$4,966/yr
CommunityNone

Utilities & systems

UtilitiesElectricity Connected
WaterWell

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$4,267 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$3,453
PMI (est., until 20% equity)$240
Property tax — 2025 actual bill$414
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $64,000Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $64,000
Interest rate6.00%
Loan term

Estimated payment

$4,267/mo

Principal & interest$3,453
PMI (est., until 20% equity)$240
Property taxes (actual bill)$414
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

$/sqft vs Leesburg actives

$191 vs $172

Days on market

153 vs 56 typical

Where $191/sqft sits among the 400 Leesburg actives

63
61
130
86 · this home
30
30
$90–122$122–153$153–185$185–216$216–248$248+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Leesburg

Map of 8943 SILVER LAKE DRIVE

Drive times from this address

Downtown Orlando57 min
Universal Orlando61 min
Walt Disney World66 min
Orlando Int’l Airport (MCO)72 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Leesburg. See the full Leesburg guide →

LEESBURG 34788 — neighborhood snapshot

Population

21,867

Median age

56.4

Median income

$57,477

Median home value

$168,900

Avg household

2.33

Households w/ children

1,648

For the school run

Lake County School District

ElementaryTreadway Elementary School★★★★★
HighLeesburg High School★★★★
MiddleOak Park Middle School★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Leesburg market

Seller’s marketBalanced5.2 months of inventoryBuyer’s market

$269K$290K

Leesburg median sold, yr/yr

96.1%

Sale-to-list ratio (12 mo)

205 of 400

Leesburg actives have cut their price

Median sold price, Leesburg, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 122% above the LEESBURG 34788 median. See the full Leesburg market guide →

Paper trail

This home's history

Mar 4, 2026Listed at $640,000 · 153 days on market since
1984Built · SILVER LAKE ESTATES

Reality check

What actually sold near 8943 SILVER LAKE DRIVE

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

9269 SILVER LAKE DRIVESold · Sep ’25

$685,000

9269 SILVER LAKE DRIVE · same community

4 bd · 3 ba · 3,121 sqft · $219/sqft · 53 DOM

9565 SILVER LAKE DRIVESold · Jan ’26

$610,000

9565 SILVER LAKE DRIVE · same community

4 bd · 2.5 ba · 2,868 sqft · $213/sqft · 131 DOM

9233 SILVER LAKE DRIVESold · Jun ’26

$874,900

9233 SILVER LAKE DRIVE · same community

4 bd · 3 ba · 2,751 sqft · $318/sqft · 322 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 8943 SILVER LAKE DRIVE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 8943 SILVER LAKE DRIVE — before you fall in love.

See it in person

Schedule a tour

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Straight answers

8943 SILVER LAKE DRIVE FAQs

What would the monthly payment be for 8943 SILVER LAKE DRIVE?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,267/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 8943 SILVER LAKE DRIVE?+

The most recent tax bill on record (2025) was $4,966. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in Leesburg?+

At $640,000, this home is listed about 114% above the Leesburg median of $299,000. The market section on this page shows how the area is trending.

Which schools are assigned to 8943 SILVER LAKE DRIVE?+

Treadway Elementary School (elementary), Leesburg High School (high), Oak Park Middle School (middle) — Lake County School District. Always verify school assignments with the district before relying on them.

The brief

Three things that matter here

01Positioned at the premium end

$640,000 runs 122% above the LEESBURG 34788 median — but at 3,350 sqft it's also nearly twice the size of the typical Leesburg listing.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Time on market is leverage

153 days on market against a Leesburg median of 56 — sellers in this position are usually ready to negotiate.

Listing courtesy of JACK KELLER INC · John Keller. MLS #TB8481421.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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