$230,000
5859 Princess Caroline Place
Leesburg, FL 34748
Listing updated: June 26, 2026 at 9:19 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
Welcome to the beautiful Resort-Style Golf Community of Royal Highlands, where every day feels like a vacation. This charming and inviting 2-bedroom, 2-bath home is the perfect retreat, whether you're searching for a seasonal getaway or the forever home you've been dreaming about. From the moment you arrive, you'll be captivated by the warm and welcoming atmosphere. The side-entry design leads you into a bright and comfortable living room, where sliding glass doors open to a cozy lanai and an expansive screened patio—an ideal place to relax with your morning coffee, enjoy peaceful evenings, or host family and friends for weekend barbecues. With no rear neighbors and a beautiful conservation area behind the home, you'll love the privacy, tranquility, and natural beauty that surround you. The open floor plan is enhanced by gorgeous gray tile flooring that flows through the main living areas and into the spacious dining room, perfect for gathering with family and friends. The beautifully updated kitchen is truly the heart of the home, featuring newer cabinetry, solid-surface countertops, a stylish backsplash, a large double sink, stainless steel appliances, abundant counter space, and an incredible walk-in pantry offering storage galore. The spacious primary suite provides a peaceful place to unwind, complete with attractive laminate flooring, a generous walk-in closet, and a private bath featuring dual sinks and a large tiled walk-in shower. The versatile second bedroom can easily serve as a comfortable guest room, home office, hobby room, or creative space to fit your lifestyle. This well-maintained home also offers valuable updates for added peace of mind, including a new roof installed in April 2026, a high-efficiency 2.5-ton AC system installed in 2021, and a hot water heater installed in 2024. Life in Royal Highlands is all about enjoying an active, social, and carefree lifestyle. Residents enjoy an 18-hole championship golf course, pro shop, restaurant and bar, tennis courts, bocce ball courts, indoor and outdoor swimming pools, a beautiful clubhouse, an additional social hall for events and entertainment, and even complimentary RV storage. The HOA fee includes cable and internet, making life even more convenient. There is truly something for everyone with an incredible variety of clubs and activities, including ballroom dancing, crafting, knitting, gardening, travel groups, pickleball, softball, bocce, water aerobics, veterans' groups, social clubs, Bible studies, and much more. Nature lovers will appreciate the scenic walks throughout the community, where beautiful wildlife can often be spotted. If you've been searching for a cozy, delightful home in a vibrant community filled with amenities, friendships, and endless opportunities for fun, this wonderful home is ready to welcome you. Come experience the Royal Highlands lifestyle and discover why so many are proud to call it home.
Local Insight
At $199/sqft in a 55+ community, this is genuinely cheap for the Leesburg market where median prices run $380K–$480K, but you're paying for that discount with a small 1,154-sqft footprint and tight 0.11-acre lot—this works as a low-cost entry point or rental, not as a move-up property. The $229 monthly HOA is reasonable for age-restricted, and the X flood zone is a relief, but the real question is whether you're buying for lifestyle in this historic downtown revival area or purely as an investment play, since a 2-bed won't appeal to families and resale hinges on how much the 55+ demographic values Royal Highlands over waterfront or historic neighborhoods.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history0 days on market
- Status: ActiveJun 27, 2026
- Listed$230,000Jun 26, 2026
- Price increased$230,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 0
- Subdivision
- Royal Highlands Ph 01b
- County
- Lake
- Year built
- 1999
- Living area
- 1,154 sq ft
- Price/sq ft
- $199
- Building area
- 1,630 sq ft (Public Records)
- Lot size
- 4,992 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12069C0486E)
- Garage
- 2 spaces
- Annual taxes
- $3,437 (2025)
- Parcel #
- 13-21-24-1810-000-39800
- Zoning
- PUD
- MLS #
- G5113961
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 2
- Flooring
- Carpet, Ceramic Tile, Laminate
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
- Interior features
- Ceiling Fans(s), High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Split Bedroom, Walk-In Closet(s)
- Laundry
- In Garage
- Stories / Levels
- One
- Direction faces
- North
Heating & Cooling
- Heating
- Central, Electric
- Cooling
- Central Air
Parking
- Garage spaces
- 2
- Attached garage
- Yes
HOA & Financial
- HOA fee
- $229 / Monthly
- Monthly HOA
- $229/mo
- Total monthly fees
- $229/mo
- Total annual fees
- $2,748
- HOA name
- Keneshia Shepherd
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- 3 Months
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Call HOA Office and fill out application
- Approval process
- Fill out application and bring or email to HOA. Must be 55 plus and second person must be 40.
Exterior & Construction
- Exterior features
- Rain Gutters, Sliding Doors, Sprinkler Metered
- Construction materials
- Vinyl Siding, Frame
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Asphalt, Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Available, Cable Connected, Electricity Available, Electricity Connected, Fire Hydrant, Public, Water Available, Water Connected
Community
- Pets allowed
- Cats OK, Dogs OK
- Senior community
- Yes
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | First | 11x14 |
| Dining Room | First | 11x15 |
| Living Room | First | 14x17 |
| Primary Bedroom | First | 14x17 |
| Primary Bathroom | First | 5x11 |
| Bedroom 2 | First | 11x12 |
| Bathroom 2 | First | 5x12 |
| Balcony/Porch/Lanai | First | 8x14 |
| Balcony/Porch/Lanai | First | 18x18 |
Listing Details
- Listing date
- 2026-06-26
- On market date
- 2026-06-26
- Original list price
- $230,000
- Occupant type
- Owner
- MLS area
- 34748 - Leesburg
- Listing AOR
- Osceola
- Status changed
- 2026-06-27
- Tax legal description
- ROYAL HIGHLANDS PHASE 1-B SUB LOT 398 PB 39 PGS 32-36 ORB 2586 PG 156
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From Highway 27 head north, turn left onto Royal Highlands, Monarch Boulevard, turn right onto King John St, Turn right onto King James Ave, Turn left onto Bagpipe, turn left onto Princess Caroline, Home will be on your right.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
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.
Based on information submitted to the MLS GRID as of June 26, 2026 at 9:19 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
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