7 months on rocket

Lewis Rd, Leesburg, FL, 34748

$27,040,000

169.00 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
MLS #GC516326
Lot Size169.00 Acres
StatusActive

About Lewis Rd

An opportunity to purchase 169-acres of the Tara Oaks PUD consisting of a mix of commercial and residential acreage. The property is located within the City of Leesburg limits, part of the Orlando-Kissimmee-Sanford MSA, and is minutes from US Hwy 441, CR44, shopping centers, and medical facilities, making it ideal for both commercial and residential development. The property consists of 49 commercial acres approved for up to 245,000sqft allowing for a wide range of uses, 327 single family detached lots, and 160 townhouse lots. A portion of the development has already secured some permits, streamlining the development process and saving you valuable time and resources. Take advantage of the head start and move forward with your plans more swiftly. Other portions of the project are fully engineered and just awaiting permits. The development is designed to create a picturesque neighborhood with single-family homes, townhouses, and a commercial complex and town center, while preserving the natural beauty of the surrounding landscape. Key utilities such as water, electricity, gas, re-use water, and sewer, are available to the property, simplifying the infrastructure requirements for the development. There is an established CDD on the property. All information is believed to be correct and accurate but not guaranteed or warranted and subject to change without notice. Cattle on property - do not enter without listing agent.

Property Details

Property Features

Listing Office:

  • Office Name: NEMER REAL ESTATE, LLC
  • Office Phone: (352) 870-8772
  • Listing Agent: Silvia Moukhtara Nemer

Lot Features

Lot Information:

  • Lot Size: 169.00 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
  • Fruitland Park Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From the intersection of CR468 and Lewis Road, head west of Lewis Road. Property is directly across from the entrance to the Lake Myrtle Shores subdivision.

Price Information

Listing Price Info

Price Summary:

  • List Price: $27,040,000
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Housing Market Comparison

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

Med. Sold Price

$298.4K

Med. Price/SqFt

$178

Avg. Days On Market

63

# of Sold Homes

111

Lewis Rd vs Leesburg

224 DAYS ON ROCKET

+161 Days

$27,040,000

+$26.7M More

KEY TAKEAWAY

This property is $26.7M more than the Median Sold Price in Leesburg, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #GC516326

Listing Office:

  • Office Name: NEMER REAL ESTATE, LLC
  • Office Phone: (352) 870-8772
  • Listing Agent: Silvia Moukhtara Nemer

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: 5/2/2024, 11:19:41 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

Jul 11, 2016Home Sold
$275,000
Sep 11, 2003Home Sold
$43,000
Sep 03, 1997Home Sold
$40,000

History based on county public records data.

Payment Calculator

$135K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$81.1K

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-5054635
4
/10
  • Fruitland Park Elementary School

  • 304 W Fountain St

  • 2.51 miles

  • Public District Grades KG-5

Middle School

school-card-donut-5054636
3
/10
  • Carver Middle School

  • 1200 Beecher St

  • 2.15 miles

  • Public District Grades 6-8

High School

school-card-donut-5054637
1
/10
  • Leesburg High School

  • 1401 Yellow Jacket Way

  • 2.73 miles

  • Public District Grades 9-12

school-card-donut-5054638
4
/10
  • Lake Virtual Franchise

  • 201 W Burleigh Blvd

  • 12.22 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,925. Typical income of Leesburg, FL residents is between $35k-100k annually. Most families are married, no kids. 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 Lewis Rd

What is the listing price of this property?

The listing price of Lewis Rd property is $27,040,000.

What type of property is this?

The property Lewis Rd is land located in Leesburg, Florida, 34748.

Is this property for sale now?

Active Listing: Lewis 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 Lewis Rd are:
Fruitland Park Elementary School: GreatSchools Rating 4/10
Carver Middle School: GreatSchools Rating 3/10
Leesburg High School: GreatSchools Rating 1/10
Lake Virtual Franchise: GreatSchools Rating 4/10

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

The last sale was on July 11, 2016 for $275,000. (source: MLS/tax record).

How much acreage is this property?

The property Lewis Rd is 169.00 acres.
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Rocket HomesFloridaLake CountyLeesburg34748Lewis Rd

This home is located at Lewis Rd in Leesburg, FL and zip code 34748. This home sits on a 169.00 acre lot. It has been listed on Rocket Homes since September 21, 2023 and is currently priced at $27,040,000.

While more than 14 listings in Leesburg, FL in April 2024 were sold above asking price, there were more than 21 listings sold at asking price, and more than 76 were sold below. Between March 2024 and April 2024, Leesburg, FL real estate market has seen decrease in the number of listings by 1.8%. Listings spent 63 days on the market in April 2024, and had a median list price of $298,420 during the same period.

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

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