Leesburg, FL 34748,COUNTY ROAD 48
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Leesburg, FL 34748,COUNTY ROAD 48
Leesburg, FL 34748,COUNTY ROAD 48
Leesburg, FL 34748,COUNTY ROAD 48
Leesburg, FL 34748,COUNTY ROAD 48

$498,000

Est. payment /mo

$519,000

4.0%
Est.Price: ?

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COUNTY ROAD 48 Leesburg, FL 34748

15.29 Acres Lot

SOLD DATE : 01/30/2024

Key Details

Sold Price $498,000

Property Type Vacant Land

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 true

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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Stellar MLS
Listed by OXFORD LAND COMPANY
Bought with ERA GRIZZARD REAL ESTATE

Bobby Baldor

Broker Associate | License ID: BK3217257

+1(407) 342-6980

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