Address
Lake Ella ROAD, LADY LAKE, FL
Price
$ 8,500,000
Property Attributes
  • ID#G5078522
  • TypePending
  • CountyLAKE
  • CityLADY LAKE
  • AreaLady Lake
  • Zip32159
  • Style
  • Taxes$ 16994
  • Price$ 8,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size49 Acres
Data Source:
Stellar MLS
Property Description

Under contract-accepting backup offers. Offering is for 49+/- acres with 678+/- FT of US Hwy 441 / 27 frontage and 1,230+/- FT of frontage on Lake Ella Road. An additional adjoining 18+/- acres on US Hwy 441 is also available. Site is all high and dry with great visibility and easy access. Zoning is PUD which includes 9 acres that’s zoned commercial. Located in the Town of Lady Lake with Lady Lake utilities available to site. Approved PUD Allows for 500 Condo’s, up to 5 Stories, Potential Townhomes, Professional / Medical Office, Retail, Restaurant w/o drive thru window, Hotels, Health Club or Spa & MORE! World class golfing and fishing are minutes away and so is The Villages, the largest retirement / golf community in the US with a population of 150,000+/- and STILL growing. Located an hour from Orlando and a short drive to the Florida Turnpike, or I-75, this central Florida site is ideal for your development. All information is believed accurate and correct but not guaranteed or warranted and subject to change without notice.

Price History
2/15/2024 Listed $8,500,000

General Features

Sewer Public Sewer
Utilities Electricity Available,Sewer Available,Water Available
Possession Close of Escrow
Zoning PUD
Tax Year 2023
Current Use Mixed Use
Percent Ownership Fee Simple
Additional Parcels Description 3793911,3922235,1282608,3374916
County Lake
Property Type Land
Status Pending
Directions From Leesburg go North to Lady Lake on US Hwy 27-441,tune left on Lake Ella Rd & property will be on the righ
ModificationTimestamp 2024-06-10T04:16:36.493Z
City LADY LAKE
Buyer Agent Compensation 1%
View Y/N No
MLS Area 32159 - Lady Lake (The Villages)
Lot Size Units Acres
Lot Size Square Feet 2134440
Waterfront Y/N No
Tax Annual Amount 16994
Additional Parcels Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/G5078522
Days on Market 113
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Pending
Tax Lot 00280
Legal Description SW 1/4 OF SE 1/4 N OF CLAY ROAD--LESS BEG AT NE COR OF SW 1/4 OF SE 1/4 RUN S ALONG SAID E LINE OF SW 1/4 OF SE 1/4 TO N'LY R/W LINE OF CLAY RD N 84DEG 15MIN 56SEC W ALONG N'LY R/W 100FT N 17DEG 30MI
Water Access Y/N No
Water View Y/N No
Flood Zone Code X

Exterior Features

Water Source Public,See Remarks
Lot Size Area 49
Lot Dimensions irrg
Lot Size Acres 49
Road Surface Type Paved
Road Frontage Type City Street
Number of Lots 5

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 32159

Price
AVG $510K
$8.5M
Taxes
AVG $3,156
$16,994
Visits
AVG 573
969
Data Provided by Inside Real Estate®

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