Short term Owner Financing make this a RARE opportunity to acquire a wooded 4.87-acre Agricultural-zoned property in a highly convenient Leesburg location. Think Horses, Cows or Chickens. Tucked away for privacy, yet less than 1 mile from County Road 44, this parcel offers the ideal balance of rural living with quick access to town amenities. The property is 3.2 miles to Lake Sumter State College and just 6 miles to the public boat ramp on the world-class Harris Chain of Lakes, renowned for excellent bass fishing. It's only 9 miles to the two best hospitals in the area; UF Health in Leesburg and Advent Health Waterman in Tavares. The existing 1,390 sq ft concrete block residence was impacted by a lightning strike in June 2025, resulting in a fire that destroyed the interior. Only the concrete block shell remains—the roof, all interior walls, kitchen cabinetry, and plumbing fixtures have been removed. This presents a clean slate for your custom floor plan. There is plenty of room to add floorspace in all directions. A great opportunity to create your own country estate. Owner occupants, investors or builders, here's your head start to create something outstanding. Instant savings include greatly reduced impact fees because of the pre-existing 3 Bedroom, 2 Bath Home, a private well and a septic system. The future owner could potentially live on site in an RV or a camper while reconstructing the main house. Additional features include a 720 sq ft detached barn and mostly fenced acreage, suitable for agricultural use, animals, or future improvements. With mature trees, usable land, and strong location fundamentals, this property offers exceptional potential for redevelopment or a custom rural homestead close to lakes, education, and major roadways.
For sale
Price cut: $45K (4/25)
$329,900
8725 Treasure Island Rd, Leesburg, FL 34788
3beds
1,390sqft
Single Family Residence
Built in 1982
4.87 Acres Lot
$-- Zestimate®
$237/sqft
$-- HOA
What's special
Mostly fenced acreageUsable landTucked away for privacyMature trees
- 171 days |
- 800 |
- 21 |
Zillow last checked:
Listing updated:
Listed by:
Richard Bisaillon 407-257-9972,
COLDWELL BANKER HUBBARD HANSEN 352-394-4031
Source: Stellar MLS,MLS#: G5106215
Originating MLS: Lake and Sumter
Originating MLS: Lake and Sumter
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: No Closet
- Level: First
- Area: 132 Square Feet
- Dimensions: 12x11
Bedroom 2
- Features: No Closet
- Level: First
- Area: 110 Square Feet
- Dimensions: 10x11
Bathroom 3
- Features: No Closet
- Level: First
- Area: 100 Square Feet
- Dimensions: 10x10
Kitchen
- Level: First
- Area: 64 Square Feet
- Dimensions: 8x8
Living room
- Level: First
- Area: 180 Square Feet
- Dimensions: 15x12
Heating
- None
Cooling
- None
Appliances
- Included: None
- Laundry: None
Features
- Open Floorplan, Primary Bedroom Main Floor
- Flooring: Concrete
- Has fireplace: No
Interior area
- Total structure area: 2,140
- Total interior livable area: 1,390 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached
- Attached garage spaces: 1
- Details: Garage Dimensions: 13x30
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Other
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 4.87 Acres
- Dimensions: 219 x 409 x 675 x 706
- Features: In County, Level, Oversized Lot
- Residential vegetation: Wooded
Details
- Additional structures: Barn(s)
- Parcel number: 091925000100002500
- Zoning: A
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Block
- Foundation: Slab
- Roof: Other
Condition
- New construction: No
- Year built: 1982
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: BB/HS Internet Available, Cable Available, Electricity Available
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: SILVER LAKE ESTATES
HOA
- Has HOA: No
Location
- Region: Leesburg
Financial & listing details
- Price per square foot: $237/sqft
- Tax assessed value: $213,684
- Annual tax amount: $2,142
- Date on market: 1/5/2026
- Cumulative days on market: 171 days
- Listing terms: Cash,Conventional,FHA,Owner May Carry
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/25/2026 | Price change | $329,900-12%$237/sqft |
Source:  Stellar MLS #G5106215 Report a problem | ||
| 3/6/2026 | Price change | $374,900-6.3%$270/sqft |
Source: Stellar MLS #G5106215 Report a problem | ||
| 1/6/2026 | Listed for sale | $399,900+225.1%$288/sqft |
Source: Stellar MLS #G5106215 Report a problem | ||
| 11/25/2015 | Sold | $123,000+12.6%$88/sqft |
Source: Stellar MLS #G4817318 Report a problem | ||
| 9/9/2015 | Listed for sale | $109,200$79/sqft |
Source: REAL LIVING GOOD NEIGHBOR RLTY #G4817318 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,142 +2.8% | $140,150 +2.9% |
| 2024 | $2,083 +11.6% | $136,202 +9.5% |
| 2023 | $1,867 +19.3% | $124,400 +7.4% |
| 2022 | $1,565 +10.3% | $115,840 +7.3% |
| 2021 | $1,419 +9% | $107,971 +15.6% |
| 2020 | $1,303 +10.2% | $93,394 +15.1% |
| 2019 | $1,182 +3% | $81,152 +0.8% |
| 2018 | $1,148 | $80,526 +2.8% |
| 2017 | $1,148 +6% | $78,314 +0.9% |
| 2016 | $1,083 -4.9% | $77,651 -10.8% |
| 2015 | $1,139 +3.3% | $87,076 +0.8% |
| 2014 | $1,103 +57% | $86,385 +1.4% |
| 2013 | $703 -1.3% | $85,164 |
| 2012 | $712 -1.2% | $85,164 -0.6% |
| 2011 | $721 +1.2% | $85,681 +1.5% |
| 2010 | $712 +5% | $84,415 +2.7% |
| 2009 | $678 +0.3% | $82,196 +0.1% |
| 2008 | $676 -18.9% | $82,114 +3% |
| 2007 | $833 -3.9% | $79,723 +2.5% |
| 2006 | $868 +3.4% | $77,779 +3% |
| 2005 | $839 +4.1% | $75,514 |
| 2004 | $806 -0.5% | -- |
| 2003 | $810 +13.9% | $73,674 +4.9% |
| 2002 | $711 | $70,262 +1.6% |
| 2001 | $711 +3.1% | $69,156 +0.3% |
| 2000 | $690 | $68,954 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 34788
Nearby schools
GreatSchools rating
- 7/10Treadway Elementary SchoolGrades: PK-5Distance: 2 mi
- 3/10Oak Park Middle SchoolGrades: 6-8Distance: 6.4 mi
- 2/10Leesburg High SchoolGrades: 9-12Distance: 5.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Lake County
- Leesburg
- 34788
- 8725 Treasure Island Rd
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