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For sale
  • $330,000

    4020 MAGNOLIA DRIVE, LEESBURG, FL 34748

    5beds
    2,854sqft
    : 
    $2,299/mo
    Get pre-qualified
    Single Family Residence
    Built in 1966
    0.58 Acres Lot
    $316,600 Zestimate®
    $116/sqft
    $-- HOA

    What's special

    Fully fenced yardIn-law suiteCenter islandGenerously sized primary suiteOversized lotSpacious kitchenAbundance of cabinetry
    BRING YOUR VISION and unleash your HGTV skills on this incredibly spacious 5 BEDROOM, 3 BATHROOM home offering OVER 2,800 SQUARE FEET of living space, OVER HALF AN ACRE +IN-LAW SUITE, and NO HOA! If you've been searching for a home where you can renovate, customize, and truly make it your own, this property is packed with POTENTIAL! With its BLOCK/STUCCO construction, NEWER ROOF (2017), impressive living area, and oversized lot, this home provides a fantastic starting point for the buyer ready to roll up their sleeves and bring their ideas to life. The spacious kitchen offers an abundance of cabinetry, a center island, and an open connection to the dining and living areas, giving you plenty of opportunity to create an incredible gathering and entertaining space. The generously sized primary suite features an enormous approximately 10' x 10' WALK-IN CLOSET, while the additional bedrooms provide plenty of space for family, guests, a home office, or whatever fits your lifestyle. Laundry is located inside for your convenience. Newer electrical panel too! WOW! One of the property's biggest highlights is the separate IN-LAW SUITE! Complete with its own PRIVATE ENTRANCE, KITCHENETTE, FULL BATHROOM, and LIVING SPACE, this flexible area opens the door to MULTIGENERATIONAL LIVING, extended guests, a private home office, or other possibilities depending on a buyer's needs and applicable regulations. And then there's the LAND! Sitting on OVER HALF AN ACRE with a FULLY FENCED YARD and NO HOA, there is an incredible amount of outdoor space to work with. Dreaming of a pool? A workshop? Space for your recreational toys, pets, gardens, or outdoor entertaining? This property gives you ROOM TO DREAM! Yes, this home needs some TLC and updating, but that's exactly where the opportunity lies. With OVER 2,800 SQUARE FEET, a HALF-ACRE+ LOT, flexible IN-LAW SUITE, and NO HOA, the foundation is here to transform this property into something truly special. Come see this majestic home before it is too late. Conveniently located just off Highway 27 and only minutes from shopping, dining, everyday conveniences, and Florida's Turnpike, you'll have plenty of space without sacrificing accessibility. Bring your contractor, your imagination, and your renovation ideas, then come see the POTENTIAL for yourself! Schedule your private showing TODAY!
    28 days
    745
    50

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Elliot Shugan 407-755-7588,

    THE SHUGAN GROUP INC 407-755-7588

    Source: Stellar MLS,MLS#: O6444187MLS LogoOriginating MLS: Orlando Regional

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Utility Room
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: First
      • Area: 238 Square Feet
      • Dimensions: 17x14
      Bedroom 2
      • Features: Built-in Closet
      • Level: First
      • Area: 132 Square Feet
      • Dimensions: 12x11
      Bedroom 3
      • Features: Built-in Closet
      • Level: First
      • Area: 144 Square Feet
      • Dimensions: 12x12
      Bedroom 4
      • Features: Built-in Closet
      • Level: First
      • Area: 144 Square Feet
      • Dimensions: 12x12
      Dining room
      • Level: First
      • Area: 130 Square Feet
      • Dimensions: 10x13
      Kitchen
      • Level: First
      • Area: 110 Square Feet
      • Dimensions: 10x11
      Laundry
      • Level: First
      • Area: 72 Square Feet
      • Dimensions: 6x12
      Living room
      • Level: First
      • Area: 252 Square Feet
      • Dimensions: 12x21
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Range, Range Hood, Refrigerator
      • Laundry: Inside, Laundry Room
      Features
      • Ceiling Fan(s), Thermostat, Walk-In Closet(s), In-Law Floorplan
      • Flooring: Carpet, Ceramic Tile, Laminate
      • Doors: French Doors
      • Has fireplace: No
      Interior area
      • Total structure area: 3,037
      • Total interior livable area: 2,854 sqft
      Video & virtual tour

      Property

      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 0.58 Acres
      • Dimensions: 180 x 140
      Details
      • Parcel number: 022024040000002800
      • Zoning: R-6
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Block, Brick, Stucco
      • Foundation: Crawlspace, Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1966

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Public

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: RAVENSWOOD PARK
      HOA
      • Has HOA: No
      Location
      • Region: Leesburg

      Financial & listing details

      • Price per square foot: $116/sqft
      • Tax assessed value: $293,641
      • Annual tax amount: $1,908
      • Date on market: 9/25/2026
      • Cumulative days on market: 29 days
      • Listing terms: Cash
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Road surface type: Paved

        Estimated market value

        $316,600

        $301,000 - $332,000

        $2,616/mo

        Price history

        DateEventPrice
        9/25/2026Listed for sale$330,000+396.2%$116/sqft
        Source: Stellar MLS #O6444187 Report a problem
        9/1/1989Sold$66,500$23/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,908 +2.9%$122,740 +2.9%
        2024$1,853 +15.2%$119,290 +3%
        2023$1,609 +13.6%$115,820 +3%
        2022$1,416 +3.6%$112,450 +3%
        2021$1,368 -3.6%$109,178 +1.4%
        2020$1,418 +1.5%$107,671 +2.3%
        2019$1,397 +5.3%$105,251 +1.9%
        2018$1,326 $103,289 +2.1%
        2017$1,326 +4.9%$101,165 +2.1%
        2016$1,265 +0.6%$99,085 +0.7%
        2015$1,257 -2%$98,397 +0.8%
        2014$1,282 +48%$97,617 +1.5%
        2013$866 +1.6%$96,175 +1.7%
        2012$853 +5%$94,568 +3%
        2011$813 +3.9%$91,814 +3.2%
        2010$782 +4.8%$88,997 +2.7%
        2009$746 +0.3%$86,658 +0.1%
        2008$744 -17.3%$86,572 +3%
        2007$899 -4%$84,051 +2.5%
        2006$937 +3.3%$82,001 +3%
        2005$907 +4%$79,613
        2004$872 -0.6%--
        2003$878 +13.7%$77,674 +4.9%
        2002$772 $74,077 +1.6%
        2001$772 +3%$72,911 +0.3%
        2000$750 $72,699
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 34748

        Getting around

        7 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Leesburg Elementary
        • Middle: Oak Park Middle
        • High: Leesburg High

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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