County Road 48, Leesburg, FL 34748
Photo 1 of 9
$498,000
Sold on 1/30/24
Beds Baths Sq. Ft. Taxes Built
0.0 0 $4,649
On the market: 411 days
View full details, 15 photos, school info, and price history
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.
Listing courtesy of Reginald Caruthers & Lee Johnson, OXFORD LAND COMPANY & TYRE & TAYLOR REALTY, INC.