PRICE REDUCED!!! Looking for acreage in Lady Lake, FL with no HOA? This beautifully renovated contemporary home offers the perfect combination of modern style, privacy, and endless possibilities on 5.33 acres. Featuring 3 bedrooms and 2 bathrooms, this move-in-ready property has been thoughtfully updated throughout, creating a bright, inviting living space that's ready for its next owner. Step outside to the screened lanai, where you can enjoy Florida's beautiful weather while taking in peaceful views of your expansive property. It's the perfect space to relax, entertain, or simply embrace the indoor-outdoor lifestyle. The land is where this property truly shines. Whether you're looking for space for animals, gardening, recreational vehicles, boats, trailers, equipment, or simply room to spread out, the possibilities are endless. The property is fully fenced and includes two large entry gates, providing both convenience and flexibility for a variety of uses. Need space for projects or storage? The impressive 40'x30' steel outbuilding comes equipped with both water and electricity, making it ideal for a workshop, home business, equipment storage, or hobby space. Enjoy the freedom of country living without sacrificing convenience. Located in desirable Lady Lake, you're just a short drive from shopping, dining, medical facilities, and all the entertainment and amenities of The Villages®. Whether you're searching for a private homestead, a property with room for your toys, or a beautifully updated home on acreage, this exceptional property delivers the lifestyle you've been looking for.
For sale
Price cut: $10K (8/11)
$465,000
37149 GRAYS AIRPORT ROAD, LADY LAKE, FL 32159
3beds
1,350sqft
Single Family Residence
Built in 1990
5.33 Acres Lot
$-- Zestimate®
$344/sqft
$-- HOA
What's special
Modern styleScreened lanaiBeautifully renovated contemporary homeBright inviting living spaceTwo large entry gates
- 43 days |
- 515 |
- 53 |
Zillow last checked:
Listing updated:
Listed by:
Coby McClellan 352-571-9221,
LPT REALTY, LLC 877-366-2213
Source: Stellar MLS,MLS#: G5114436
Originating MLS: Orlando Regional

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Ceiling Fan(s), En Suite Bathroom, Walk-In Closet(s)
- Level: First
Bedroom 2
- Features: Ceiling Fan(s), Built-in Closet
- Level: First
Bedroom 3
- Features: Ceiling Fan(s), Built-in Closet
- Level: First
Primary bathroom
- Features: Exhaust Fan, Multiple Shower Heads, Rain Shower Head, Single Vanity, No Closet
- Level: First
Bathroom 2
- Features: Exhaust Fan, Rain Shower Head, Single Vanity, Tub With Shower, No Closet
- Level: First
Dining room
- Features: No Closet
- Level: First
Kitchen
- Features: Stone Counters, No Closet
- Level: First
Living room
- Features: Ceiling Fan(s), No Closet
- Level: First
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
- Laundry: Common Area, Electric Dryer Hookup, Laundry Room
Features
- Built-in Features, Ceiling Fan(s), Primary Bedroom Main Floor, Solid Surface Counters, Split Bedroom, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Ceramic Tile, Luxury Vinyl
- Windows: Window Treatments
- Has fireplace: Yes
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 2,092
- Total interior livable area: 1,350 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Oversized, Workshop in Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions: 18x27
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Rear Porch, Screened
- Exterior features: Storage
- Fencing: Fenced,Other
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 5.33 Acres
- Features: Cleared, Gentle Sloping, In County, Level, Oversized Lot
- Residential vegetation: Trees/Landscaped, Wooded
Details
- Additional structures: Shed(s), Workshop
- Parcel number: 271824000400004100
- Zoning: R-1
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Metal
Condition
- Completed
- New construction: No
- Year built: 1990
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: UNINCORPORATED
HOA
- Has HOA: No
Location
- Region: Lady Lake
Financial & listing details
- Price per square foot: $344/sqft
- Tax assessed value: $270,667
- Annual tax amount: $4,186
- Date on market: 7/7/2026
- Cumulative days on market: 479 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved, Asphalt
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2026 | Price change | $465,000-2.1%$344/sqft |
Source: | ||
| 7/7/2026 | Listed for sale | $475,000-8.5%$352/sqft |
Source: | ||
| 5/14/2026 | Listing removed | $519,000$384/sqft |
Source: | ||
| 4/28/2026 | Price change | $519,000-3.9%$384/sqft |
Source: | ||
| 6/2/2025 | Price change | $539,900-1.7%$400/sqft |
Source: | ||
| 5/15/2025 | Listed for sale | $549,000-5.3%$407/sqft |
Source: | ||
| 4/28/2025 | Listing removed | $579,900$430/sqft |
Source: | ||
| 2/14/2025 | Listed for sale | $579,900+162.4%$430/sqft |
Source: | ||
| 3/9/2020 | Sold | $221,000-1.3%$164/sqft |
Source: Public Record Report a problem | ||
| 1/14/2020 | Pending sale | $223,900$166/sqft |
Source: MORRIS REALTY AND INVESTMENTS #G5021711 Report a problem | ||
| 10/14/2019 | Listed for sale | $223,900+62.2%$166/sqft |
Source: MORRIS REALTY AND INVESTMENTS #G5021711 Report a problem | ||
| 12/16/2002 | Sold | $138,000+10.4%$102/sqft |
Source: Public Record Report a problem | ||
| 12/7/1999 | Sold | $125,000$93/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,187 +4% | $238,570 +10% |
| 2024 | $4,027 +13.5% | $216,890 +10% |
| 2023 | $3,549 +20.7% | $197,180 +10% |
| 2022 | $2,941 +11.8% | $179,260 +10% |
| 2021 | $2,630 -6.1% | $162,965 |
| 2020 | $2,802 +23.7% | $162,965 +0% |
| 2019 | $2,265 +4.8% | $162,925 +1.9% |
| 2018 | $2,162 | $159,888 +2.1% |
| 2017 | $2,162 +3.6% | $156,600 -0.2% |
| 2016 | $2,087 -23.1% | $156,906 +0.8% |
| 2015 | $2,715 -2.5% | $155,593 +0.8% |
| 2014 | $2,786 +22.6% | $154,289 +1.1% |
| 2013 | $2,272 -1.2% | $152,654 -0.2% |
| 2012 | $2,300 +33.9% | $152,960 +0.6% |
| 2011 | $1,717 -0.3% | $152,057 +0.9% |
| 2010 | $1,722 +3.7% | $150,739 +2.7% |
| 2009 | $1,660 +0.2% | $146,777 +0.1% |
| 2008 | $1,656 -7.4% | $146,631 +3% |
| 2007 | $1,788 -4.5% | $142,361 +2.5% |
| 2006 | $1,872 +2.6% | $138,889 +3% |
| 2005 | $1,824 +2.9% | $134,844 +2.7% |
| 2004 | $1,773 +12.7% | $131,278 +13% |
| 2003 | $1,573 -6.2% | $116,171 +11.6% |
| 2002 | $1,677 | $104,098 |
| 2001 | $1,677 -1.6% | $104,098 |
| 2000 | $1,704 | $104,098 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 32159
Nearby schools
GreatSchools rating
- 7/10The Villages Elementary Of Lady Lake SchoolGrades: PK-5Distance: 3.7 mi
- 3/10Carver Middle SchoolGrades: 6-8Distance: 4.3 mi
- 2/10Leesburg High SchoolGrades: 9-12Distance: 5.7 mi
- $491,8003 bd2 ba2.1k sqft37121 Grays Airport Rd, Lady Lake, FL 32159Off Market
Save - $440,0003 bd2 ba2k sqft3634 Gregory Rd, Lady Lake, FL 32159Sold
Save 
- $392,4003 bd2 ba1.7k sqft3650 Gregory Rd, Lady Lake, FL 32159Off Market
Save - $418,7003 bd2 ba2.7k sqft3616 Gregory Rd, Lady Lake, FL 32159Off Market
Save - $421,2003 bd2 ba2k sqft3710 Gregory Rd, Lady Lake, FL 32159Off Market
Save - $48,107-- bd-- ba-- sqft37121 Grays Airport Rd, Lady lake, FL 32159Off Market
Save - $273,5003 bd2 ba1.2k sqft37206 Grays Airport Rd, Lady Lake, FL 32159Off Market
Save - $246,2003 bd2 ba1.2k sqft37124 Grays Airport Rd, Lady Lake, FL 32159Off Market
Save
A local agent can set up tours, give advice and negotiate with sellers.




