Virtual TourMap

For SaleSingle Family ResidenceActive

8725 Treasure Island Road

Leesburg, FL 34788

$299,900

306 Days On Site

  • 3Beds
  • 2Baths2 full
  • 1,390Sq Ft
  • $216Per Sq Ft
  • 4.87Acres
  • 1982Built
Subdivision
Silver Lake Estates
County
Lake
MLS®
G5106215

Overview

Short term Owner Financing make this a RARE opportunity to acquire a wooded 4.87-acre Agricultural-zoned property in a highly convenient Leesburg location. Think Horses, Cows or Chickens. Tucked away for privacy, yet less than 1 mile from County Road 44, this parcel offers the ideal balance of rural living with quick access to town amenities. The property is 3.2 miles to Lake Sumter State College and just 6 miles to the public boat ramp on the world-class Harris Chain of Lakes, renowned for excellent bass fishing. It's only 9 miles to the two best hospitals in the area; UF Health in Leesburg and Advent Health Waterman in Tavares.

The existing 1,390 sq ft concrete block residence was impacted by a lightning strike in June 2025, resulting in a fire that destroyed the interior. Only the concrete block shell remains—the roof, all interior walls, kitchen cabinetry, and plumbing fixtures have been removed. This presents a clean slate for your custom floor plan. There is plenty of room to add floorspace in all directions. A great opportunity to create your own country estate. Owner occupants, investors or builders, here's your head start to create something outstanding. Instant savings include greatly reduced impact fees because of the pre-existing 3 Bedroom, 2 Bath Home, a private well and a septic system. The future owner could potentially live on site in an RV or a camper while reconstructing the main house.

Additional features include a 720 sq ft detached barn and mostly fenced acreage, suitable for agricultural use, animals, or future improvements. With mature trees, usable land, and strong location fundamentals, this property offers exceptional potential for redevelopment or a custom rural homestead close to lakes, education, and major roadways.

Listing Snapshot

Price
$299,900
Days On Site
306 Days
Bedrooms
3
Inside Area (SqFt)
1,390 sqft
Total Baths
2
Full Baths
2
Partial Baths
0
Lot Size
4.87 Acres
Year Built
1982
MLS® Number
G5106215
Status
Active
Property Tax
$2,142.17 (2025)
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records

Property Details

General Features

17 items
Acres
4.87
Attached Garage
Yes
Direction Faces
Southwest
Foundation
Slab
Garage
Yes
Garage Spaces
1
Levels
One
Number Of Stories
1
Parking
Attached
Pets
Cats OK, Dogs OK
Property Sub Type
Single Family Residence
Sewer
Septic Tank
SqFt Total
2,140
Style
Other
Utilities
Cable Available, Electricity Available
Water Source
Private, Well
Zoning
A

Interior Features

10 items
Appliances
None
Flooring
Concrete
Furnished
Unfurnished
Interior
Open Floorplan
Laundry Features
None

Rooms

RoomDimensionsLevelFeatures
Bathroom 310x10First
Bedroom 210x11First
Kitchen8x8First
Living Room15x12First
Master Bedroom12x11First

Exterior Features

8 items
Construction Details
Block
Exterior
Other
Lot Features
Wooded, Level
Other Structures
Barn(s)
Patio And Porch
Patio
Roof
Other
View
Trees/Woods
Waterview
Trees/Woods

Community Features

4 items
MLS Area
34788 - Leesburg / Haines Creek
Township
19S
Financing Terms Available
Cash, Conventional, FHA
Roads
Asphalt

Location

8725 Treasure Island Road, Leesburg, FL 34788 · 34788 - Leesburg / Haines Creek

$4.1M$1.8M$1.5M
© OpenStreetMap contributors
Open in Google Maps

Neighborhood & Commute

ZIP Code 34788

Median household income
$54,864
Income per person
$33,247
Households
12,480
Average household size
2.15
Median age
56.7

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. Price changed to $299,900
  3. Status changed to Active
  4. Listing first seen on site

Friends & Family

Similar Homes

For sale in Leesburg, single family residence, within 20% of this price.

Listing courtesy of COLDWELL BANKER HUBBARD HANSEN (407) 257-9972

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: 2026-11-07 05:58 PM EST

Powered by Showcase IDX, a Constellation1 company

We use cookies to improve your experience and our marketing. Privacy Policy