PUD approvals expire May 9, 2024, possible extension available with Town of Astatula approval. Sterling Meadows is a 98 acre +- project ready for a developer to take over. The community features 143 lots. Located on Fair St in Astatula, the land is flat, mostly cleared. Power lines run along the west side of the property. The community is conveniently located to Astatula Elementary School (0.6 miles), Publix Shopping Center (6.5 miles), Astatula boat ramp to Lake Harris (1.6 miles), Joe Swaffer Park with tennis, basketball, soccer and playground (1.4 miles) and a short commute of 35 minutes to downtown Orlando. The following various studies and site work have been completed: State approved Comprehensive Plan Amendment, PUD re-zoning/Conceptual Plan, Annexation, Phase 1 Environmental Study Assessment, Geophysical investigation, Boundary survey, preliminary traffic study, Geo Tech Exploration, Environmental Study and Sand Skink Study. This is a great opportunity to capitalize on the growth happening in Lake County.
Lake Virtual Franchise, Public District Grades 6-12
Tavares Middle School, Public District Grades 6-8
Astatula Elementary School, Public Magnet Grades PK-5
Other
Directions Information:
Directions: From US 441: Head west on Sadler Rd, turn left onto CR 448A, turn right on CR 48, turn right onto Fair St, open gate is on the right side (well building directly north, gate will be on your immediate right), once through the gate, the property begins on the east. Follow the paved road North until the property ends. Survey Available for assistance.
Price Information
Listing Price Info
Price Summary:
List Price: $8,000,000
What can I afford?
Understand what home price range makes sense for your budget.
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #O6198106
Listing Office:
Office Name: MARGAUX REALTY INC
Office Phone: (407) 965-8447
Listing Agent: Adolfo Pereira, IV
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.
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: 4/27/2024, 11:49:14 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
DATE
EVENT
PRICE
Jul 20, 2021
Jul 20, 2021Home Sold
$925,000
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$39.9K
Per Month
Principal & Interest
$39.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ 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
5
/10
Astatula Elementary School
13925 Florida Ave
Distance between this listing and this school0.45 miles
Public Magnet Grades PK-5
Middle School
3
/10
Tavares Middle School
1335 Lane Park Cutoff Ofc
Distance between this listing and this school4.29 miles
Public District Grades 6-8
High School
4
/10
Tavares High School
603 N New Hampshire Ave
Distance between this listing and this school6.64 miles
Public District Grades 9-12
4
/10
Lake Virtual Franchise
201 W Burleigh Blvd
Distance between this listing and this school6.93 miles
Public District Grades 6-12
Assigned Schools
5
/10
Astatula Elementary School
13925 Florida Ave
Distance between this listing and this school0.45 miles
Public Magnet Grades PK-5
Nearby Schools
3
/10
Tavares Elementary School
720 E Clifford St
Distance between this listing and this school6.82 miles
Public District Grades PK-5
4
/10
Zellwood Elementary School
3551 N Washington St
Distance between this listing and this school7.33 miles
Public District Grades PK-5
Assigned Schools
3
/10
Tavares Middle School
1335 Lane Park Cutoff Ofc
Distance between this listing and this school4.29 miles
Public District Grades 6-8
Nearby Schools
3
/10
Mt. Dora Middle School
1405 Lincoln Ave
Distance between this listing and this school8.54 miles
Public District Grades 6-8
5
/10
Wolf Lake Middle School
1725 W Ponkan Rd
Distance between this listing and this school10.78 miles
Public District Grades 6-8
Assigned Schools
4
/10
Tavares High School
603 N New Hampshire Ave
Distance between this listing and this school6.64 miles
Public District Grades 9-12
4
/10
Lake Virtual Franchise
201 W Burleigh Blvd
Distance between this listing and this school6.93 miles
Public District Grades 6-12
Nearby Schools
4
/10
Mt. Dora High School
700 N Highland St
Distance between this listing and this school7.99 miles
The neighbors living near this home have an average income of $64,116. The majority of Lake County, FL residents have income between $35k-100k annually. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About Fair St
What is the listing price of this property?
The listing price of Fair St property is $8,000,000.
What type of property is this?
The property Fair St is land located in Astatula, Florida, 34705.
Is this property for sale now?
Active Listing: Fair 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 Fair St are: Astatula Elementary School: GreatSchools Rating 5/10Tavares Middle School: GreatSchools Rating 3/10Tavares High School: GreatSchools Rating 4/10Lake Virtual Franchise: GreatSchools Rating 4/10
When was this property sold last time and for how much?
The last sale was on July 20, 2021 for $925,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at Fair St in Astatula, FL and zip code 34705. This home sits on a 98.00 acre lot. It has been listed on Rocket Homes since April 21, 2024 and is currently priced at $8,000,000.
In March 2024, from all listings sold in Lake County, FL there were more than 62 sold above asking price, over 370 sold below and more than 144 were sold right at the asked price. The number of listings in Lake County, FL increased by 3.3% between February 2024 and March 2024. While the average time on the market in March 2024 was 60 days, the median list price was $367,659.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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.
Hunting
Hunting
Figure Skating
NASCAR
Dillards
Dollar General
Dick's Sporting Goods
Cracker Barrel
Applebees
Texas Roadhouse
Cadillac
Subaru
Oldsmobile
News/Talk/Information
Classic Country
New Country