Active

$399,900

Features:
  • 3 Bedrooms
  • 2 Bathrooms
  • 1390 sq ft
Overview
  • ID: MFRG5106215
  • Bedrooms: 3
  • Bathrooms: 2
  • Size: 1390 sq ft
Property Details
Remarks
Rare opportunity to acquire a wooded 4.87-acre Agricultural-zoned property in a highly convenient Leesburg location. 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. 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.
Financial Considerations
Price:
$399,900
HOA Fee:
N/A
Tax Amount:
$2142.17
Price per SqFt:
$287.7
Tax Legal Description:
BEG NW COR OF S 1/4 OF N 1/2 OF GOV LOT 1 RUN N 89-57-45 E 405.12 FT S 43-42-21 W TO E LINE OF LOT 6 BLK 4 SILVER LAKE ESTATES N TO NE COR OF SAID LOT W 274 FT N 01-10-15 W TO A PT THAT IS S 89-57-45 W OF POB N 89-57-45 E TO POB AND SILVER LAKE ESTATES PB 10 PG 66-69 BEG AT NW COR OF LOT 6 BLK 4 & RUN S 01-10-15 E TO NE'LY R/W OF TREASURE ISLAND RD RUN SE'LY ALONG SAID RD 206.12 FT N 43-42-21 E TO E LINE OF SAID LOT 6 N ALONG SAID E LINE TO NE COR OF LOT 6 W 274 FT TO POB BEING IN SECTION 9 TOWNSHIP 19 SOUTH RANGE 25 EAST ORB 4711 PG 1416 ORB 6263 PG 1068
Exterior Features
Lot Size:
212137
Lot Features:
In County, Level, Oversized Lot
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Other
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
3
Bathrooms:
2
Heating:
None
Cooling:
None
Appliances:
None
Furnished:
Yes
Floor:
Concrete
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1982
Construction Type:
Block
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
Southwest
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other
Additional Features 2:
N/A
Map
  • Address
    8725 TREASURE ISLAND RD
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