1151 Emma Lane, LEESBURG, FL 34748
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  • MLS#: G5086659 ( Residential )
  • Street Address: 1151 Emma Lane
  • Viewed: 10
  • Price: $374,900
  • Price sqft: $74
  • Waterfront: No
  • Year Built: 2003
  • Bldg sqft: 5073
  • Bedrooms: 4
  • Total Baths: 2
  • Full Baths: 2
  • Days On Market: 478
  • Acreage: 7.50 acres
  • Additional Information
  • Geolocation: 28.8097 / -81.9339
  • County: LAKE
  • City: LEESBURG
  • Zipcode: 34748
  • Provided by: ERA GRIZZARD REAL ESTATE
  • Contact: Ashley Robey, LLC
  • 352-787-6966
  • mfrmls
  • DMCA Notice
  • Description
    PRICE IMPROVEMENT! HOME WARRANTY INCLUDED! Exceptional investment opportunity on 7.5 fully fenced and gated acres, zoned agricultural and offering multiple paths to value. This unique property features two separate homes on individual parcels, each with its own well, septic, and utilitiesa rare setup ideal for rental income, redevelopment, or future subdivision. The main residence is a 4 bedroom, 2 bath home with a large bonus room featuring a wet bar, easily adaptable for additional living space, a home office, or rental potential. The second dwelling, while in need of updates, provides value add upside and flexibility for long term rental, short term use, or multi generational living. With ample acreage, the property supports a wide range of income producing or development options, including agricultural use, equestrian facilities, hobby farming, or a subdivide opportunity. Located in a peaceful rural setting yet just minutes from Brownwood Town Square in The Villages, the property benefits from proximity to one of Floridas most active and rapidly growing markets. Easy access to major highways provides convenient travel to both coasts beaches and Orlandos theme parks, enhancing long term desirability. Whether youre seeking a cash flow opportunity, land investment, or value add project, this property delivers flexibility, location, and upside. Check out this rare offering and schedule your private showing today.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Other
  • Fencing: Chain Link
  • Flooring: Carpet, Laminate, Vinyl
  • Living Area: 2280.00
  • Other Structures: Additional Single Family Home, Guest House
  • Roof: Shingle
Land Information
  • Lot Features: Street Dead-End, Private
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: See Remarks, Well
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Pets Allowed: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2023
Other Features
  • Appliances: Built-In Oven, Dishwasher, Electric Water Heater, Exhaust Fan, Range, Refrigerator
  • Country: US
  • Interior Features: Ceiling Fans(s), Dry Bar, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Thermostat, Wet Bar
  • Legal Description: See exhibit A
  • Levels: One
  • Area Major: 34748 - Leesburg
  • Occupant Type: Owner
  • Parcel Number: 29-19-24-0002-000-02003
  • Possession: Close Of Escrow
  • View: Trees/Woods
  • Views: 10
Headshot for Associate Eddie Otton
  1. Eddie Otton, ABR,Broker,CIPS,GRI,PSA,REALTOR ®,e-PRO
  2. Mobile: 407.427.0880
  3. eddie@otton.us