Address
Lewis Road, LEESBURG, FL
Price
$ 27,040,000
Property Attributes
  • MLS#GC516326
  • TypeLand
  • CountyLAKE
  • CityLEESBURG
  • AreaLeesburg
  • Zip34748
  • Style
  • Taxes$ 418
  • Price$ 27,040,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size169 Acres
Data Source:
Stellar MLS
Property Description

An opportunity to purchase 169-acres of the Tara Oaks PUD consisting of a mix of commercial and residential acreage. The property is located within the City of Leesburg limits, part of the Orlando-Kissimmee-Sanford MSA, and is minutes from US Hwy 441, CR44, shopping centers, and medical facilities, making it ideal for both commercial and residential development. The property consists of 49 commercial acres approved for up to 245,000sqft allowing for a wide range of uses, 327 single family detached lots, and 160 townhouse lots. A portion of the development has already secured some permits, streamlining the development process and saving you valuable time and resources. Take advantage of the head start and move forward with your plans more swiftly. Other portions of the project are fully engineered and just awaiting permits. The development is designed to create a picturesque neighborhood with single-family homes, townhouses, and a commercial complex and town center, while preserving the natural beauty of the surrounding landscape. Key utilities such as water, electricity, gas, re-use water, and sewer, are available to the property, simplifying the infrastructure requirements for the development. There is an established CDD on the property. All information is believed to be correct and accurate but not guaranteed or warranted and subject to change without notice. Cattle on property - do not enter without listing agent.

Price History
9/21/2023 Listed $27,040,000

General Features

Sewer Private Sewer
Utilities Electricity Available,Natural Gas Available,Sewer Available,Underground Utilities,Water Available
Tax Year 2022
Current Use Other
Percent Ownership Other
County Lake
Property Type Land
Status Active
Directions From the intersection of CR468 and Lewis Road,head west of Lewis Road. Property is directly across from the entrance to the Lake Myrtle Shores subdivision.
City LEESBURG
Buyer Agent Compensation 3%
MLS Area 34748 - Leesburg
Lot Size Square Feet 7361640
Waterfront Y/N No
Street Name Lewis Road
Tax Annual Amount 418.63
Public Remarks An opportunity to purchase 169-acres of the Tara Oaks PUD consisting of a mix of commercial and residential acreage. The property is located within the City of Leesburg limits,part of the Orlando-Kis
Days on Market 121
Standard Status Active
Legal Description Length see LO.

Interior Features

Living Area Units Square Feet

Exterior Features

Water Source Public
Lot Size Area 169
Lot Dimensions Varies
Lot Size Acres 169
Road Surface Type Asphalt
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 34748

Price
AVG $1.01M
$27.04M
Taxes
AVG $1,307
$418
Visits
AVG 791
1399
Data Provided by Inside Real Estate®