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Sold for $498,000
  • $498,000

    County Road 48 Lot 4, Leesburg, FL 34748

    --beds
    0baths
    15.29Acres
    Unimproved Land
    Built in ----
    15.29 Acres Lot
    $-- Zestimate®
    $--/sqft
    $1,915 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,915/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Reginald Caruthers 352-748-1182,

    OXFORD LAND COMPANY 352-748-1182,

    Lee Johnson 352-455-4228,

    TYRE & TAYLOR REALTY, INC.

    Bought with:

    Christina Grant, 3097552

    ERA GRIZZARD REAL ESTATE

    Source: Stellar MLS,MLS#: G5063351MLS LogoOriginating MLS: Lake and Sumter

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0

    Property

    Features
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake Privileges
    • Body of water: LAKE MARGARETTA
    Lot
    • Size: 15.29 Acres
    • Features: Buildable, Corner Lot, Gentle Sloping, Pasture
    • Residential vegetation: Oak Trees
    Details
    • Parcel number: 172025000300002500
    • Zoning: R1A
    • Special conditions: None

    Utilities & green energy

    • Sewer: None
    • Water: None
    • Utilities for property: BB/HS Internet Capable, Electrical Nearby, Water Nearby

    Community & HOA

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

    Financial & listing details

    • Annual tax amount: $4,648
    • Date on market: 12/15/2022
    • Cumulative days on market: 321 days
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    1/30/2024Sold$498,000-4%
    Source: Stellar MLS #G5063351 Report a problem
    11/2/2023Pending sale$519,000
    Source: Stellar MLS #G5063351 Report a problem
    8/21/2023Price change$519,000-3.7%
    Source: Stellar MLS #G5063351 Report a problem
    6/26/2023Price change$539,000-9.4%
    Source: Stellar MLS #G5063351 Report a problem
    5/9/2023Price change$595,000-14.4%
    Source: Stellar MLS #G5063351 Report a problem
    12/15/2022Listed for sale$695,000
    Source: Stellar MLS #G5063351 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 34748

    Nearby schools

    GreatSchools rating