Waterfront
Address
37800 Illinois STREET, LADY LAKE, FL
Price
$ 8,000,000
Property Attributes
  • MLS#G5081247
  • TypeLand
  • CountyLAKE
  • CityLADY LAKE
  • AreaLady Lake
  • NeighborhoodAcreage & Unrec
  • Zip32159
  • Style
  • Taxes$ 26052
  • Price$ 8,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size146.4 Acres
Data Source:
Stellar MLS
Property Description

Seize the Opportunity! Discover the vast potential of this sprawling 146-acre estate, boasting an impressive 3,000 feet of pristine Lake Griffin water frontage. Currently a serene horse ranch where tranquility meets nature, this property also features a convenient boat ramp for easy lake access. Let your imagination guide you to the countless possibilities for this land: envision a vibrant residential community, a luxury hotel resort, an expansive RV park, or elegant condominiums. Enhance these developments with potential amenities like fishing piers, a full-service marina with both wet and dry storage, and a private pond perfect for leisurely fishing or simply relaxing by the water. Recreation opportunities are boundless with facilities for pickleball, tennis, swimming pools, spas, and a variety of both board and outdoor games. Existing structures include a horse barn, ideal for those considering an equestrian element in their vision, and a covered paddock that can double as a picnic or event area. The onsite residence could serve as a charming clubhouse or be removed to suit your master plan. Opportunities like this are rare, with such extensive acreage coupled with significant water frontage. Reach out today to schedule a viewing or request a virtual tour via Facetime if you’re not in the area. Let’s explore how this property can exceed all your real estate aspirations.

Elementary School Middle School High School
Villages Elem of Lady Lake Carver Middle Leesburg High
Price History
4/25/2024 Listed $8,000,000

General Features

Sewer Septic Tank
Utilities Electricity Available
Zoning A
View Water
Tax Year 2023
Current Use Agricultural
Percent Ownership Fee Simple
Waterfront Features Lake - Chain of Lakes
County Lake
Property Type Land
HOA / Comm Assn No
Subdivision Name ACREAGE & UNREC
Facing Direction East
Other Structures Barn(s)
Status Active
Directions Take US 441/27 north or south to Griffin View Drive in Lady Lake. Go East toward Lake Griffin. When you come to Bertsville Road you can only take a Right. Take Bertsville Road around a large curve th
High School Leesburg High
City LADY LAKE
Buyer Agent Compensation 3%
Body of Water Lake Griffin
MLS Area 32159 - Lady Lake (The Villages)
Lot Size Square Feet 6377184
Waterfront Y/N Yes
Street Name Illinois
Listing Terms Cash
Elementary School Villages Elem of Lady Lake
Tax Annual Amount 26052.14
Middle/Junior High School Carver Middle
Public Remarks Seize the Opportunity! Discover the vast potential of this sprawling 146-acre estate,boasting an impressive 3,000 feet of pristine Lake Griffin water frontage. Currently a serene horse ranch where
Virtual Tour https://www.propertypanorama.com/instaview/stellar/G5081247
Standard Status Active
Tax Lot 1
Legal Description BEG AT NW COR OF GOV LOT 1 RUN S ALONG W LINE OF GOV LOT 1 A DIST OF 1324.97 FT S 89-52-40 E 125 FT S 0-07-10 W 10 FT S 89-52-40 E 125 FT S PARALLEL TO W LINE OF GOV LOT 6 A DIST OF 650 FT N 89-52-40
Water View Lake - Chain of Lakes
Water Access Type Lake - Chain of Lakes
Water Access Y/N Yes
Water View Y/N Yes

Interior Features

Street Suffix STREET
Living Area Units Square Feet

Exterior Features

Water Source Well
Lot Size Area 146.4
Lot Dimensions 2964 x 1827
Lot Size Acres 146.4
Road Surface Type Asphalt,Paved
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 32159

Price
AVG $1.78M
$8M
Taxes
AVG $4,818
$26,052
Visits
AVG 425
139
Data Provided by Inside Real Estate®

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