Active

$525,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRR4909646
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
15401 County Road 450 is a slice of natural paradise with nearly infinite future possibilities. Of the 9.46 total acres, 5.86 acres are 'Zone X' dry land, while 3.60 acres are part of a larger wooded wetlands. The wetlands begin at the tree line to the north (back) of the property. This green space offers excellent privacy at the rear of the property and including a tranquil pond. Previous owners had planned to build a home in 2015 before their plans changed. They constructed a 40' x 60' red-iron metal building on the Western end of the property to use for their business, accessible easily by a gate on LeGrande St that enters into a gravel parking area. A 12 x 15 insulated office (drywall interior, plywood facing warehouse) is constructed in the building, plus a 12kBTU minisplit AC installed in 2024 to handle heating and cooling. The remainder of the building is unfinished with a concrete slab floor. 14' eaves, clear span construction, and three 10' tall roll up doors (3rd door not pictured, faces bathroom building). Near the metal building is a small bathroom/utility building with a full bathroom including shower, plus a utility room with water heater and laundry connections. Power is run underground from the street frontage to the backside of the building, no overhead power lines enter the property! The building has 200amp service, while the drop from the pole to the meter was intentionally oversized in order to adequately service a future 200a house without the need for a new primary utility connection. The well was drilled new in 2015 with water run to the building as well as to various hose spigots scattered around the property. There's a gravel RV pad approximately 12'x60', with 50amp electrical, water, and sewer connection. The RV connection and bathroom building are connected to a small (unpermitted) septic system installed in 2015 which serves the purpose quite well. Any future home construction would require its own separate fully-permitted and properly sized septic system. Plans were submitted to build a 2500sf home, impact fees paid, perk tests performed, but ultimately the house wasn't built. The impact fees paid will reduce or eliminate additional impact fees for new construction, verify details with county. 15 loads of fill dirt were brought in and spread in the field to level and elevate the location they planned to build a house. It has settled and compacted sitting in place for 8+ years. There is an additional gate directly along the County Road 450 frontage. The initial plan was to build a home on the western side of the parcel, visually separating the home and shop with different entrances and driveways. This land is set up perfectly to build your dream home with plenty of room for dry materials storage during construction, then toy storage or business/ag storage use in the future. In addition to water and power already being in place, Lake county allows property owners to live in an RV as long as they have active permits to construct a home on-site. Once the home is completed, long-term living in the RV is no longer allowed. Park your RV for an immediate home-base while building your dreamhome! Surrounding homes are all on larger parcels, Ag/Equestrian type surroundings. Convenient to Mt. Dora, Eustis, and The Villages. New builder neighborhoods are stacking homes together at 5+ homes per acre, wouldn't it be nice to build your dreamhome on your own 9+ acres of peaceful land all to yourself?
Financial Considerations
Price:
$525,000
HOA Fee:
N/A
Tax Amount:
$1974
Price per SqFt:
$1.27
Tax Legal Description:
FROM SE COR OF SEC RUN N 89-41-22 W 1320.15 FT TO SE COR OF SW 1/4 OF SE 1/4 N 0-38-06 W 1357.99 FT TO NE COR OF SW 1/4 OF SE 1/4 S 89-06-01 W ALONG SAID N LINE 546.51 FT FOR POB CONT S 89-06-01 W 774.72 FT TO NW COR OF SW 1/4 OF SE 1/4 S 0-41-20 E ALONG W LINE 353.78 FT TO A POINT OF INTERSECTION WITH NE'LY R/W LINE OF SR 450 SAID POINT BEING A POINT ON A CURVE CONCAVE SW'LY & HAVING A RADIUS OF 6803.30 FT RUN THENCE SE'LY ALONG SAID R/W LINE & ALONG THE ARC OF SAID CURVE A DIST OF 256.08 FT THRU A CENTRAL ANGLE OF 02-09-24 SAID CURVE SEGMENT HAVING A CHORD BEARING OF S 44-0-15 E & A CHORD LENGTH OF 256.07 FT TO THE POINT OF TANGENCY OF SAID CURVE THENCE RUN S 42-55-33 E ALONG SAID R/W LINE A DIST OF 424.79 FT N 19-23-42 E 912.96 FT TO
Exterior Features
Lot Size:
412078
Lot Features:
N/A
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
N/A
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
N/A
Style:
N/A
Year Built:
N/A
Construction Type:
N/A
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
Undetermined
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    15401 CO RD 450
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