$498,000
$519,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
15.29 Acres Lot
SOLD DATE : 01/30/2024
Key Details
Sold Price $498,000
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
MLS Listing ID G5063351
Sold Date 01/30/24
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Annual Tax Amount $4,648
Lot Size 15.290 Acres
Acres 15.29
Lot Dimensions Slightly irregular
Property Description
Beautiful 15.29-acre lakefront property located in one of the hottest growth corridors in Lake County - CR 48 between Leesburg and Howey in the Hills, home to Mission Inn Golf Resort. This property is at the intersection of Number Two Rd. and CR 48. It is adjacent to the new Eagletail Landings community consisting of 542 homes and in close proximity to the recently approved Whispering Hills development which has been approved for 2,972 homes and commercial. Whispering Hills runs between Hwy. 27 and Number Two Rd. The property owner of the 15.29 acres is in the process of subdividing the land into 6 estate lots which, based on current market analysis, could bring approx. $200,000 per lot. This property should make for an excellent short-term hold in this rapidly growing area. Close to Turnpike access and shopping at CR 48 & Hwy. 27. The property boasts frontages of 1300' on Number Two Road and 730' on CR 48.
Location
State FL
County Lake
Zoning R1A
Exterior
Utilities Available BB/HS Internet Capable, Electrical Nearby, Water Nearby
Waterfront Description Lake
View Y/N 1
Water Access 1
Water Access Desc Lake
Building
Lot Description Buildable, Corner Lot, Gentle Sloping, Pasture
Lot Size Range 10 to less than 20
Sewer None
Water None
Construction Status Inspections
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with ERA GRIZZARD REAL ESTATE
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