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Sold for $4,600,000
  • $4,600,000

    2448 S Lecanto Hwy, Lecanto, FL 34461

    --beds
    0baths
    167Acres
    Unimproved Land
    Built in ----
    167 Acres Lot
    $-- Zestimate®
    $--/sqft
    $1,242 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,242/mo

    Zestimate® history
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    What's special

    Professional business officeLongleaf pinesBeautiful rolling hillsFour-lane roadStrip centerMiddle turn lanePaved driveway
    The moss draped live oaks at the entrance to the subject property is 167+- acres located at 2448 South Lecanto Hwy, Lecanto, FL. make a spectacular entrance. The property contains beautiful rolling hills. At the subject site Lecanto Hwy is a 4 lane road with a middle turn lane offering access from both directions. From an understated entrance on South Lecanto Highway, the paved driveway winds through moss-draped live oaks and longleaf pines leading to beautiful rolling pastures on this hidden gem. Located in unincorporated Citrus County, this property would make a wonderful large estate. It also contains a modern 3,847 SF residence that could be used for a clubhouse or property manager's residence for a larger development. The Citrus County Government Center, Lecanto High School, Lecanto Middle School, and Lecanto Primary School all adjoin the tract on the south side, with the Withlacoochee State Forest bordering on the west. The Property is mainly pasture, being used for cattle and hay production, and has an agricultural exemption. Water & Sewer are adjacent to the property, which contains less than an acre of wetlands. The property has 1,336 ± FT of mostly wooded frontage on South Lecanto Hwy, a four-lane road with a middle turn lane, offering access from both directions. There are two additional entrances from West King B St from the north. The Zoning and Land Use are LDR, LDR MH, and PSO. The 155 acres of LDR allow up to 6 residential units to the acre with a P.U.D. The 12 acres of PSO allow for Single Family, Houses of Worship, Professional Business Office, Clinic, Strip Center, Pharmacy, Specialty Food Store, and Small Grocery Store. PSO also allows up to 10 multi-family residential units. Beautiful rolling hills with pasture Located on busy South Lecanto Hwy, which is four lane and has a turn lane into the property Adjacent to Citrus County Government Center and three public schools Land Use/Zoning is favorable for Single Family Residential Development/Manufactured Home Development/Commercial and Multi-Family Development

    Zillow last checked:

    Listing updated:

    Listed by:

    David Hitchcock 863-557-0082,

    SAUNDERS REAL ESTATE, LLC 863-648-1528

    Bought with:

    David Hitchcock, 3147545

    SAUNDERS REAL ESTATE, LLC

    Source: Stellar MLS,MLS#: O6063975MLS LogoOriginating MLS: Orlando Regional

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0

    Property

    Lot
    • Size: 167 Acres
    • Dimensions: 1350 x 4000
    • Residential vegetation: Oak Trees
    Details
    • Additional parcels included: 18E-19S-16-41-000
    • Parcel number: 18E19S16000013000
    • Zoning: LDR
    • Special conditions: None

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public, Well
    • Utilities for property: Electrical Nearby, Electricity Available, Sewer Available, Sewer Nearby, Water Available

    Community & HOA

    Community
    • Pet fee: $0 monthly
    Location
    • Region: Lecanto

    Financial & listing details

    • Tax assessed value: $1,045,852
    • Annual tax amount: $3,387
    • Date on market: 10/5/2022
    • Cumulative days on market: 246 days
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    2/19/2025Sold$4,600,000-8%
    Source: Stellar MLS #O6063975 Report a problem
    6/8/2023Pending sale$5,000,000
    Source: Stellar MLS #O6063975 Report a problem
    10/5/2022Listed for sale$5,000,000+455.6%
    Source: Stellar MLS #O6063975 Report a problem
    1/22/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    12/22/2021Listed for rent$2,500
    Source: Zillow Rental Manager Report a problem
    11/2/2021Sold$900,000-26.2%
    Source: Realtors Association of Citrus County #800477 Report a problem
    10/12/2021Pending sale$1,220,000
    Source: Realtors Association of Citrus County #800477 Report a problem
    10/5/2021Listed for sale$1,220,000
    Source: Realtors Association of Citrus County #800477 Report a problem
    7/26/2021Pending sale$1,220,000
    Source: Stellar MLS #OM618508 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,967 -1.8%$253,606 -3.1%
    2024$4,040 +3%$261,617 +4.7%
    2023$3,924 +11.9%$249,989 +9.2%
    2022$3,508 +3.6%$228,902 +6%
    2021$3,387 +9.3%$215,851 -1%
    2020$3,100 +7.4%$218,106 +20.2%
    2019$2,885 +9.9%$181,519 +5.5%
    2018$2,626 +8.6%$172,024 +6.5%
    2017$2,417 +18.7%$161,564 +4.2%
    2016$2,037 $155,061 +14.1%
    2015$2,037 -7.9%$135,928 +17.9%
    2014$2,213 +24.2%$115,268 +13.4%
    2013$1,782 -1.5%$101,640 -10.3%
    2012$1,808 -10.6%$113,316 -10.4%
    2011$2,023 -6.2%$126,474 -8.3%
    2010$2,156 +155.8%$137,943 +55.9%
    2009$843 +1.4%$88,462 +0.1%
    2008$831 $88,374
    Find assessor info on the county website

    Neighborhood: 34461

    Nearby schools

    GreatSchools rating