Property Description

Beautiful 15.29-acre lakefront property located in one of the hottest growth corridors in Lake County – CR 48 between Leesburg and Howey in the Hills, home to Mission Inn Golf Resort. This property is at the intersection of Number Two Rd. and CR 48. It is adjacent to the new Eagletail Landings community consisting of 542 homes and in close proximity to the recently approved Whispering Hills development which has been approved for 2,972 homes and commercial. Whispering Hills runs between Hwy. 27 and Number Two Rd. The property owner of the 15.29 acres is in the process of subdividing the land into 6 estate lots which, based on current market analysis, could bring approx. $200,000 per lot. This property should make for an excellent short-term hold in this rapidly growing area. Close to Turnpike access and shopping at CR 48 & Hwy. 27. The property boasts frontages of 1300′ on Number Two Road and 730′ on CR 48.

Features
: None
: Electrical Nearby, Water Nearby, BB/HS Internet Capable
: Lake
Address Map
US
FL
Lake
Leesburg
34748
COUNTY ROAD 48
W82° 9' 46.5''
N28° 44' 43''
North
The property lies at the junction of CR 48 and Number Two road. Southeast corner.
34748 - Leesburg
R1A
Additional Information
Slightly irregular
: None
LAKE MARGARETTA
https://www.propertypanorama.com/instaview/stellar/G5063351
539000
2022-12-15
: Corner Lot, Buildable, Pasture, Gentle Sloping
: Residential
Financial
4648.52
Listing Information
Lee Johnson
260502697
20260
TYRE & TAYLOR REALTY, INC.
260500023
260520570
Sold
2024-01-31T20:48:08Z
Stellar
: None
2024-01-31T20:47:43Z

Land For Sale

County Road 48, Leesburg, Florida 34748

15.29 Acre
$519,000
Listing ID #G5063351
Basic Details
Property Type : Land
Listing Type : For Sale
Listing ID : G5063351
Price : $519,000
Lot Area : 15.29 Acre
Office Name : OXFORD LAND COMPANY
Agent Name : Reginald Caruthers
Waterfront Yn : 1
Listing Status : Closed
Agent info
Contact Agent