Virtual TourMap

For SaleSingle Family ResidenceActive

4020 Magnolia Drive

Leesburg, FL 34748

$279,900

43 Days On Site

  • 5Beds
  • 3Baths3 full
  • 2,854Sq Ft
  • $98Per Sq Ft
  • 0.58Acres
  • 1966Built
Subdivision
Ravenswood Park
County
Lake
MLS®
O6444187

Overview

BRING YOUR VISION and unleash your HGTV skills on this incredibly spacious 5 BEDROOM, 3 BATHROOM home offering OVER 2,800 SQUARE FEET of living space, OVER HALF AN ACRE +IN-LAW SUITE, and NO HOA! If you've been searching for a home where you can renovate, customize, and truly make it your own, this property is packed with POTENTIAL!

With its BLOCK/STUCCO construction, NEWER ROOF (2017), impressive living area, and oversized lot, this home provides a fantastic starting point for the buyer ready to roll up their sleeves and bring their ideas to life. The spacious kitchen offers an abundance of cabinetry, a center island, and an open connection to the dining and living areas, giving you plenty of opportunity to create an incredible gathering and entertaining space.

The generously sized primary suite features an enormous approximately 10' x 10' WALK-IN CLOSET, while the additional bedrooms provide plenty of space for family, guests, a home office, or whatever fits your lifestyle. Laundry is located inside for your convenience. Newer electrical panel too! WOW!

One of the property's biggest highlights is the separate IN-LAW SUITE! Complete with its own PRIVATE ENTRANCE, KITCHENETTE, FULL BATHROOM, and LIVING SPACE, this flexible area opens the door to MULTIGENERATIONAL LIVING, extended guests, a private home office, or other possibilities depending on a buyer's needs and applicable regulations.

And then there's the LAND! Sitting on OVER HALF AN ACRE with a FULLY FENCED YARD and NO HOA, there is an incredible amount of outdoor space to work with. Dreaming of a pool? A workshop? Space for your recreational toys, pets, gardens, or outdoor entertaining? This property gives you ROOM TO DREAM!

Yes, this home needs some TLC and updating, but that's exactly where the opportunity lies. With OVER 2,800 SQUARE FEET, a HALF-ACRE+ LOT, flexible IN-LAW SUITE, and NO HOA, the foundation is here to transform this property into something truly special. Come see this majestic home before it is too late.

Conveniently located just off Highway 27 and only minutes from shopping, dining, everyday conveniences, and Florida's Turnpike, you'll have plenty of space without sacrificing accessibility.

Bring your contractor, your imagination, and your renovation ideas, then come see the POTENTIAL for yourself! Schedule your private showing TODAY!

Listing Snapshot

Price
$279,900
Days On Site
43 Days
Bedrooms
5
Inside Area (SqFt)
2,854 sqft
Total Baths
3
Full Baths
3
Partial Baths
0
Lot Size
0.58 Acres
Year Built
1966
MLS® Number
O6444187
Status
Active
Property Tax
$1,908.02 (2025)
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records

Property Details

General Features

11 items
Acres
0.58
Direction Faces
South
Foundation
Slab
Levels
One
Number Of Stories
1
Pets
Yes
Property Sub Type
Single Family Residence
Sewer
Septic Tank
SqFt Total
3,037
Water Source
Public
Zoning
R-6

Interior Features

16 items
Appliances
Range, Range Hood, Refrigerator
Basement
Crawl Space
Cooling
Central Air
Flooring
Carpet, Ceramic Tile, Laminate
Furnished
Unfurnished
Heating
Central
Interior
Walk-In Closet(s), In-Law Floorplan
Laundry Features
Inside, Laundry Room

Rooms

RoomDimensionsLevelFeatures
Bedroom 212x11First
Bedroom 312x12First
Bedroom 412x12First
Dining Room10x13First
Kitchen10x11First
Laundry6x12First
Living Room12x21First
Master Bedroom17x14First

Exterior Features

3 items
Construction Details
Block, Brick, Stucco
Roof
Shingle
Windows/Doors
French Doors

Community Features

4 items
MLS Area
34748 - Leesburg
Township
20S
Financing Terms Available
Cash
Roads
Paved

Location

4020 Magnolia Drive, Leesburg, FL 34748 · 34748 - Leesburg

$1.4M$1.4M
© OpenStreetMap contributors
Open in Google Maps

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.

Schools

Elementary School
Leesburg Elementary
Middle School
Oak Park Middle
High School
Leesburg High

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Price changed to $279,900
  3. Listing first seen on site
  4. Status changed to Active

Friends & Family

Similar Homes

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

Listing courtesy of THE SHUGAN GROUP INC (407) 755-7588

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 07:29 PM EST

Powered by Showcase IDX, a Constellation1 company

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