9 days on rocket

37800 Illinois St, Lady Lake, FL, 32159

$8,000,000

146.40 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
WaterfrontLake Front
ViewWater
MLS #G5081247
Lot Size146.40 Acres
StatusActive

About 37800 Illinois St

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.

Property Details

Property Features

Listing Office:

  • Office Name: COLDWELL BANKER VANGUARD LIFESTYLE REALTY
  • Office Phone: (800) 948-0938
  • Listing Agent: Patrick Shores

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Water

Virtual/3D Tour

  • Virtual Tour: 37800 Illinois St

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 146.40 Acres

School Info

Assigned Schools Information:

  • Leesburg High School, Public District Grades 9-12
  • Lake Virtual Franchise, Public District Grades 6-12
  • Carver Middle School, Public District Grades 6-8
  • The Villages Elementary of Lady Lake School, Public District Grades PK-5

Other

Directions Information:

  • 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 that goes left and Illinois Street will come up where you take a Right. When Illinois looks like it ends, Lazy K Ranch entrance will be right in front of you.

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,000,000

Tax Information:

  • Annual Amount: $3,916
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lady Lake, FL.

Med. Sold Price

$309.5K

Med. Price/SqFt

$214

Avg. Days On Market

39

# of Sold Homes

51

37800 Illinois St vs Lady Lake

9 DAYS ON ROCKET

-30 Days

$8,000,000

+$7.6M More

KEY TAKEAWAY

This property is $7.6M more than the Median Sold Price in Lady Lake, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #G5081247

Listing Office:

  • Office Name: COLDWELL BANKER VANGUARD LIFESTYLE REALTY
  • Office Phone: (800) 948-0938
  • Listing Agent: Patrick Shores

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

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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: 5/4/2024, 11:49:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 03, 2021Home Sold
$2,800,000
Dec 04, 2015Home Sold
$850,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,916$238,621
2019$3,976$238,126
2018$3,902$238,544
2017$3,631$221,839

History based on county public records data.

Payment Calculator

$39.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$24K

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-6353627
6
/10
  • The Villages Elementary of Lady Lake School

  • 695 Rolling Acres Rd

  • 5.07 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6353628
3
/10
  • Carver Middle School

  • 1200 Beecher St

  • 5.35 miles

  • Public District Grades 6-8

High School

school-card-donut-6353629
1
/10
  • Leesburg High School

  • 1401 Yellow Jacket Way

  • 6.62 miles

  • Public District Grades 9-12

school-card-donut-6353630
4
/10
  • Lake Virtual Franchise

  • 201 W Burleigh Blvd

  • 9.89 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,766. Typical income of Lady Lake, FL residents is between $35k-100k annually. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 37800 Illinois St

What is the listing price of this property?

The listing price of 37800 Illinois St property is $8,000,000.

What type of property is this?

The property 37800 Illinois St is land located in Lady Lake, Florida, 32159.

Is this property for sale now?

Active Listing: 37800 Illinois St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 37800 Illinois St are:
The Villages Elementary of Lady Lake School: GreatSchools Rating 6/10
Carver Middle School: GreatSchools Rating 3/10
Leesburg High School: GreatSchools Rating 1/10
Lake Virtual Franchise: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,916 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 3, 2021 for $2,800,000. (source: MLS/tax record).

How much acreage is this property?

The property 37800 Illinois St is 146.40 acres.
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Rocket HomesFloridaLake CountyLady Lake3215937800 Illinois St

This home is located at 37800 Illinois St in Lady Lake, FL and zip code 32159. This home sits on a 146.40 acre lot. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $8,000,000.

In April 2024, from all listings sold in Lady Lake, FL there were more than 10 sold above asking price, over 32 sold below and more than 9 were sold right at the asked price. The number of homes for sale in Lady Lake, FL decreased by 1.6% between March 2024 and April 2024. In April 2024 median list price was $309,582 and the average listing age was 39 days.

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

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