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County Road 48

Leesburg, FL 34748

$498,000

  • 15.29Acres
  • R1AZoning
  • LakeCounty
County
Lake
MLS®
G5063351

Overview

Beautiful 15.29-acre lakefront property located in one of the hottest growth corridors in Lake County - CR 48 between Leesburg and Howey in the Hills, home to Mission Inn Golf Resort. This property is at the intersection of Number Two Rd. and CR 48. It is adjacent to the new Eagletail Landings community consisting of 542 homes and in close proximity to the recently approved Whispering Hills development which has been approved for 2,972 homes and commercial. Whispering Hills runs between Hwy. 27 and Number Two Rd. The property owner of the 15.29 acres is in the process of subdividing the land into 6 estate lots which, based on current market analysis, could bring approx. $200,000 per lot. This property should make for an excellent short-term hold in this rapidly growing area. Close to Turnpike access and shopping at CR 48 & Hwy. 27. The property boasts frontages of 1300' on Number Two Road and 730' on CR 48.

Listing Snapshot

Price
$498,000
Days On Site
N/A
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
15.29 Acres
Year Built
N/A
MLS® Number
G5063351
Status
Sold
Property Tax
$4,648.52 (2021)
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A

Property Details

General Features

6 items
Acres
15.29
Additional Property Use
Residential
Direction Faces
North
Sewer
None
Water Source
None
Zoning
R1A

Exterior Features

7 items
Frontage
2030
Lot Features
Corner Lot, Gentle Sloping, Pasture, Waterfront
Road Frontage
County Road
View
Lake, Water
Waterfront
Yes
Waterfront Features
Lake Privileges, Lake
Waterview
Lake, Water

Community Features

3 items
MLS Area
34748 - Leesburg
Township
20S
Roads
Asphalt

Location

County Road 48, Leesburg, FL 34748 · 34748 - Leesburg

$1.3M
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Neighborhood & Commute

ZIP Code 34748

Median household income
$54,694
Income per person
$33,973
Households
19,808
Average household size
2.10
Median age
53.1

Source: Walk Score.

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Status changed to Closed
  3. Price changed to $519,000

Friends & Family

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Listing courtesy of OXFORD LAND COMPANY (352) 748-1182

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-09 05:36 AM EST

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