Shan, my 4/3 is up for sale with a pool and I would consider a lease purchase or an outright sale: here is the link to the property. Hope this is helpful!

http://www.realtor.com/realestateandhomes-search?mlslid=o4903049

Shan,
Why would you be interested in a Lease Option. Is it because you do not have the down payment. The reason I ask is that when you enter into a lease-option agreement you are essentially agreeing to the price at that time. In 6 months or a year later the house may be not be valued the same. This kind of situation in this market favors the seller.
Hope this helps.
Rick.