Address
911 County Road 48, GROVELAND, FL
Price
$ 5,500,000
Property Attributes
  • MLS#G5078946
  • TypeLand
  • CountyLAKE
  • CityGROVELAND
  • AreaGroveland
  • Zip34736
  • Style
  • Taxes$ 6157
  • Price$ 5,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size56.03 Acres
Data Source:
Stellar MLS
Property Description

56 + acres adjoining The Villages expansion area by 3 property boundaries. Property is adjoined on 3 property boundaries by THE VILLAGES expansion areas. The Villages is in current cycle for entitlements with City of Leesburg for 4,200 acres expansion under the name “Secret Promise” for adjoining property. Subject property is convenient to Fl. Turnpike & I-75, off CR 48 just south of HWY 470 & north of Austin Merritt Rd. Property currently AG, however, City of Leesburg has utilities nearby & open to annexation/entitlements for future development. Includes Lake County Property Appraiser Alt Keys: 1701333, 3794012.

Price History
2/27/2024 Listed $5,500,000

General Features

Sewer Septic Tank
Utilities Electricity Available,Other
Zoning A
Tax Year 2023
Current Use Agricultural
Percent Ownership Fee Simple
County Lake
Property Type Land
Facing Direction East
Status Active
Directions From Okahumpka go south on CR 33/48,turn right onto CR 48 and continue south. Go under Florida Turnpike and property will be on the right before N Austin Merritt Road. Look for signage.
City GROVELAND
Buyer Agent Compensation 3%
MLS Area 34736 - Groveland
Lot Size Square Feet 2351804
Waterfront Y/N No
Street Name County Road 48
Tax Annual Amount 6157.14
Public Remarks 56 + acres adjoining The Villages expansion area by 3 property boundaries. Property is adjoined on 3 property boundaries by THE VILLAGES expansion areas. The Villages is in current cycle for entitl
Days on Market 15
Standard Status Active
Legal Description S 1/2 OF SE 1/4 W OF RR--LESS W 462 FT-- ORB 5710 PG 2407

Interior Features

Living Area Units Square Feet

Exterior Features

Lot Features Buildable,Cleared,In County
Water Source Well
Lot Size Area 53.99
Lot Dimensions 1462 x 2330 x 1302 x 1582
Lot Size Acres 56.03
Road Surface Type Asphalt
Lot Size Units Acres
Road Frontage Type County Road

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 34736

Price
AVG $660K
$5.5M
Taxes
AVG $1,585
$6,157
Visits
AVG 348
150
Data Provided by Inside Real Estate®

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