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1740 CR 48
Leesburg, FL 34748
Lake County 418 Acres Development Land · Land For Sale · 418.00 AC

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INVESTMENT HIGHLIGHTS

  • Development Property
  • 5.5 ± Miles from the Florida Turnpike entrance at CR 470
  • 2 ± Miles from The Villages
  • Orlando International Airport is less than 1-hour drive

EXECUTIVE SUMMARY

The property totals 418 ± acres with 246 uplands and is currently pasture, zoned AG (Lake County). The site is annexable into the City of Leesburg with city Utilities (water & sewer) available, and can be developed as a mixed use or SFR development with an estimated 510 net dwelling units.

PROPERTY FACTS Under Contract

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Hold For Investment
  • Single Family Residence
Total Lot Size 418.00 AC
Zoning Zoning: AG / FLU: Rural - Agricultural/Rural

1 LOT AVAILABLE

Lot

Price $20,659,651 CAD
Price Per AC $49,425.00 CAD
Lot Size 418.00 AC

Located in Lake County, Florida, this 418 acre developmental land is contiguous to the City of Leesburg on CR 48, and is 2 ± miles from "The Villages," the largest and one of the fastest growing single family development in the United States.

DESCRIPTION

Located in Lake County, Florida, this 418 acre developmental land is contiguous to the City of Leesburg on CR 48, and is 2 ± miles from "The Villages," the largest and one of the fastest growing single family development in the United States. The property totals 418 ± acres with 246 uplands and is currently pasture, zoned AG (Lake County). The site is annexable into the City of Leesburg with city Utilities (water & sewer) available, and can be developed as a mixed use or SFR development with an estimated 510 net dwelling units. Located 5.5 miles from the Florida Turnpike entrance at CR 470, with less than 1 hour to downtown Orlando and the Orlando International Airport. Under 10 minutes from Publix, Winn-Dixie, and Restaurants.

  • Listing ID: 27162262

  • Date on Market: 2022-11-21

  • Last Updated:

  • Address: 1740 CR 48, Leesburg, FL 34748

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