20 days on rocket

405 Stacy Grove Rd, Oak Hill, FL, 32759

$2,499,900

133.27 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
WaterfrontPond
MLS #T3517740
Lot Size133.27 Acres
StatusActive

About 405 Stacy Grove Rd

FORECLOSED! Motivated seller will entertain all offers. 133 +/- Acres of Build-able Natural Florida Ranch and Hunting Property (consisting of 22 parcels of A1, FR, & RC zoning), surrounded by hundreds of acres of vacant mitigation/conservation land (state/county owned and/or managed), accenting the natural beauty and teeming wildlife. Property has incredible potential and has been returned to and currently being used as an active cattle ranch (sale includes cattle). All building and zoning code violations (identified during the foreclosure process) have been corrected. These included building code violations from converting barns and storage buildings into active residential dwellings without required permits. Building 1 (previously an enclosed barn) was converted into a 3/2 single family dwelling, and Building 2 (previously a storage shed) was converted into a 1/1 tiny home. Both have been returned to ag. These storage buildings were previously allowed under ag but we're not permitted under residential use (since ag was lost in 2023). Current owner has submitted agricultural exemption application for tax year 2025. Wetland alterations were performed while not under agricultural use. Roads were filled and culverts installed over existing roads without permits. These were revealed during the foreclosure process. Current owner is actively working with county and state regulatory agencies to mitigate violations and develop an approved mitigation plan. Seller will provide concessions for mitigation work. DIY would give opportunities to save substantially. List price reflects potential mitigation costs. Seller's loss is buyers gain. The mitigation costs are outweighed by the pristine beauty and serenity of this majestic and unique property in East Central FL. Enjoy hunting, fishing from the stocked ponds, or watch rocket launches with friends from your private lakefront oasis. Opportunities are endless! Located in beautiful Oak Hill- near Mosquito Lagoon and Merritt Island Wildlife Refuge. Minutes from the Space Coast, less than an hour from Orlando, less than 30 minutes from Daytona Beach, and less than 30 minutes from Cape Canaveral. Buyer to verify all information. Owner/Seller is a licensed Florida Real Estate Broker.

Property Details

Property Features

Listing Office:

  • Office Name: HOMECOIN.COM
  • Office Phone: (888) 400-2513
  • Listing Agent: Jonathan Minerick

Exterior Features

Exterior Information:

  • Waterfront: Pond

Lot Features

Lot Information:

  • Lot: Cleared, Pasture, Rural Area, Dead End Street, Unpaved, Wooded
  • Lot Size: 133.27 Acres

School Info

Assigned Schools Information:

  • New Smyrna Beach High School, Public District Grades 9-12
  • New Smyrna Beach Middle School, Public District Grades 6-8
  • Indian River Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Take I-95, Exit 231 (Scottsmore/Oak Hill) -Deering Parkway East to US HWY1. Take a left on US1 North approximately 1.5 miles to First Left turn lane (Stacy Grove Rd), Take Stacy Grove to the end of the pavement. Property is on the left. DO NOT ENTER PROPERTY WITHOUT CONSENT/APPOINTMENT

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,499,900
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Housing Market Comparison

See how this home compares to others in Oak Hill, FL.

Med. Sold Price

$319.9K

Med. Price/SqFt

$172

Avg. Days On Market

119

# of Sold Homes

5

405 Stacy Grove Rd vs Oak Hill

20 DAYS ON ROCKET

-99 Days

$2,499,900

+$2.1M More

KEY TAKEAWAY

This property is $2.1M more than the Median Sold Price in Oak Hill, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #T3517740

Listing Office:

  • Office Name: HOMECOIN.COM
  • Office Phone: (888) 400-2513
  • Listing Agent: Jonathan Minerick

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: 4/30/2024, 10:19:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,561

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-3958243
5
/10
  • Indian River Elementary School

  • 650 Roberts Rd

  • 9.44 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3958244
3
/10
  • New Smyrna Beach Middle School

  • 1200 S Myrtle Ave

  • 13.75 miles

  • Public District Grades 6-8

High School

school-card-donut-3958245
4
/10
  • New Smyrna Beach High School

  • 1015 10th St

  • 13.73 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,475. Typical income of Oak Hill, FL residents is between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 405 Stacy Grove Rd

What is the listing price of this property?

The listing price of 405 Stacy Grove Rd property is $2,499,900.

What type of property is this?

The property 405 Stacy Grove Rd is land located in Oak Hill, Florida, 32759.

Is this property for sale now?

Active Listing: 405 Stacy Grove Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 405 Stacy Grove Rd are:
Indian River Elementary School: GreatSchools Rating 5/10
New Smyrna Beach Middle School: GreatSchools Rating 3/10
New Smyrna Beach High School: GreatSchools Rating 4/10

How much acreage is this property?

The property 405 Stacy Grove Rd is 133.27 acres.
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Rocket HomesFloridaVolusia CountyOak Hill32759405 Stacy Grove Rd

This home is located at 405 Stacy Grove Rd in Oak Hill, FL and zip code 32759. This home sits on a 133.27 acre lot. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $2,499,900.

Oak Hill, FL housing market in March 2024 saw over 0 listings sold above listed price, more than 2 sold at listed price and over 3 sold below. Between February 2024 and March 2024, Oak Hill, FL real estate market has seen increase in the number of listings by 35.7%. Listings spent 119 days on the market in March 2024, and had a median list price of $319,995 during the same period.

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

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