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.
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
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Property Sales & Tax
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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
5
/10
Indian River Elementary School
650 Roberts Rd
Distance between this listing and this school9.44 miles
Public District Grades PK-5
Middle School
3
/10
New Smyrna Beach Middle School
1200 S Myrtle Ave
Distance between this listing and this school13.75 miles
Public District Grades 6-8
High School
4
/10
New Smyrna Beach High School
1015 10th St
Distance between this listing and this school13.73 miles
Public District Grades 9-12
Assigned Schools
5
/10
Indian River Elementary School
650 Roberts Rd
Distance between this listing and this school9.44 miles
Public District Grades PK-5
Nearby Schools
7
/10
Pinewood Elementary School
3757 Old Dixie Hwy
Distance between this listing and this school7.55 miles
Public District Grades PK-6
5
/10
Mims Elementary School
2582 Us Highway 1
Distance between this listing and this school9.99 miles
Public District Grades PK-6
Assigned Schools
3
/10
New Smyrna Beach Middle School
1200 S Myrtle Ave
Distance between this listing and this school13.75 miles
Public District Grades 6-8
Nearby Schools
7
/10
Burns Science and Technology Charter School
160 Ridge Rd
Distance between this listing and this school4.22 miles
Public Charter Grades KG-8
2
/10
James Madison Middle School
3375 Dairy Rd
Distance between this listing and this school12.19 miles
Public District Grades 7-8
Assigned Schools
4
/10
New Smyrna Beach High School
1015 10th St
Distance between this listing and this school13.73 miles
Public District Grades 9-12
Nearby Schools
2
/10
Astronaut High School
800 War Eagle Blvd
Distance between this listing and this school12.88 miles
Public District Grades 9-12
3
/10
Titusville High School
150 Terrier Trl S
Distance between this listing and this school15.82 miles
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 5/10New Smyrna Beach Middle School: GreatSchools Rating 3/10New Smyrna Beach High School: GreatSchools Rating 4/10
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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.