1 year on rocket

Sale Pending

2448 S Lecanto Hwy, Lecanto, FL, 34461

$5,000,000

167.00 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
MLS #O6063975
Lot Size167.00 Acres
StatusSale Pending
(Pending)

About 2448 S Lecanto Hwy

The moss draped live oaks at the entrance to the subject property is 167+- acres located at 2448 South Lecanto Hwy, Lecanto, FL. make a spectacular entrance. The property contains beautiful rolling hills. At the subject site Lecanto Hwy is a 4 lane road with a middle turn lane offering access from both directions. From an understated entrance on South Lecanto Highway, the paved driveway winds through moss-draped live oaks and longleaf pines leading to beautiful rolling pastures on this hidden gem. Located in unincorporated Citrus County, this property would make a wonderful large estate. It also contains a modern 3,847 SF residence that could be used for a clubhouse or property manager's residence for a larger development. The Citrus County Government Center, Lecanto High School, Lecanto Middle School, and Lecanto Primary School all adjoin the tract on the south side, with the Withlacoochee State Forest bordering on the west. The Property is mainly pasture, being used for cattle and hay production, and has an agricultural exemption. Water & Sewer are adjacent to the property, which contains less than an acre of wetlands. The property has 1,336 ± FT of mostly wooded frontage on South Lecanto Hwy, a four-lane road with a middle turn lane, offering access from both directions. There are two additional entrances from West King B St from the north. The Zoning and Land Use are LDR, LDR MH, and PSO. The 155 acres of LDR allow up to 6 residential units to the acre with a P.U.D. The 12 acres of PSO allow for Single Family, Houses of Worship, Professional Business Office, Clinic, Strip Center, Pharmacy, Specialty Food Store, and Small Grocery Store. PSO also allows up to 10 multi-family residential units. Beautiful rolling hills with pasture Located on busy South Lecanto Hwy, which is four lane and has a turn lane into the property Adjacent to Citrus County Government Center and three public schools Land Use/Zoning is favorable for Single Family Residential Development/Manufactured Home Development/Commercial and Multi-Family Development

Property Details

Property Features

Listing Office:

  • Office Name: SVN SAUNDERS RALSTON DANTZLER REAL ESTATE
  • Office Phone: (863) 648-1528
  • Listing Agent: David Hitchcock

Lot Features

Lot Information:

  • Lot Size: 167.00 Acres

School Info

Assigned Schools Information:

  • Lecanto High School, Public Magnet Grades 9-12
  • Lecanto Middle School, Public District Grades 6-8
  • Lecanto Primary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From SR 44 and Lecanto Hwy (491) intersection; Go south on Lecanto Hwy 1.5 miles; Tract is on the west side of the highway; Main driveway 2/10 ± mile further.

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,000,000

Tax Information:

  • Annual Amount: $3,100
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lecanto, FL.

Med. Sold Price

$290K

Med. Price/SqFt

$174

Avg. Days On Market

107

# of Sold Homes

8

2448 S Lecanto Hwy vs Lecanto

539 DAYS ON ROCKET

+432 Days

$5,000,000

+$4.7M More

KEY TAKEAWAY

This property is $4.7M more than the Median Sold Price in Lecanto, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #O6063975

Listing Office:

  • Office Name: SVN SAUNDERS RALSTON DANTZLER REAL ESTATE
  • Office Phone: (863) 648-1528
  • Listing Agent: David Hitchcock

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 3/28/2024, 10:19:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,100$218,106
2019$2,626$198,726
2018$2,496$172,024
2017$2,496$161,564

History based on county public records data.

Payment Calculator

$25K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7495583
5
/10
  • Lecanto Primary School

  • 3790 W Educational Path

  • 0.67 miles

  • Public District Grades PK-5

Middle School

school-card-donut-7495584
4
/10
  • Lecanto Middle School

  • 3800 W Educational Path

  • 0.67 miles

  • Public District Grades 6-8

High School

school-card-donut-7495585
4
/10
  • Lecanto High School

  • 3810 W Educational Path

  • 0.41 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,340. Typical income of Lecanto, FL residents is between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2448 S Lecanto Hwy

What is the listing price of this property?

The listing price of 2448 S Lecanto Hwy property is $5,000,000.

What type of property is this?

The property 2448 S Lecanto Hwy is land located in Lecanto, Florida, 34461.

Is this property for sale now?

Sale Pending: 2448 S Lecanto Hwy is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 2448 S Lecanto Hwy are:
Lecanto Primary School: GreatSchools Rating 5/10
Lecanto Middle School: GreatSchools Rating 4/10
Lecanto High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,100 (source: MLS/based on county public records data).

How much acreage is this property?

The property 2448 S Lecanto Hwy is 167.00 acres.
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Rocket HomesFloridaCitrus CountyLecanto344612448 S Lecanto Hwy

This home is located at 2448 S Lecanto Hwy in Lecanto, FL and zip code 34461. This home sits on a 167.00 acre lot. It has been listed on Rocket Homes since October 05, 2022 and is currently priced at $5,000,000.

Lecanto, FL housing market in February 2024 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 8 sold below. The inventory of homes for sale in Lecanto, FL between January 2024 and February 2024 increased by 13.6%. The median list price of listings available in February 2024 was $290,000, while the average time on the real estate market was 107 days.

From Rocket Homes Real Estate and based on county public records data.

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