Land for Sale in Lady Lake, Florida

37800 Illinois St Lady Lake, FL 32159

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$9,400,000
146 acres
pending saleUnder contract

This sprawling 146-acre gem, boasts an impressive 3,000 feet of pristine Lake Griffin water frontage. Currently a serene horse ranch where tranquility meets nature, this property also features a convenient boat ramp for easy lake access. This property affords many development opportunities including a world-class luxury hotel resort with marina (something greatly needed in The Villages Area). A first class Motorcoach & RV resort on beautiful Lake Griffin is something that should be considered, too. Even a mixed-use development with single & multi-family home possibilities, dry boat storage, a marina, condominiums, or vacation time shares are all possibilities. Enhance these developments with potential amenities like fishing piers, a full-service marina with both wet and dry storage, and a private pond perfect for leisurely fishing or simply relaxing by the water. Check out all the concept sketches in the documents. Opportunities like this are rare near The Villages! Don't miss out! This sprawling 146-acre gem, boasts an impressive 3,000 feet of pristine Lake Griffin water frontage. Currently a serene horse ranch where tranquility meets nature, this property also features a convenient boat ramp for easy lake access. This property affords many development opportunities including a world-class luxury hotel resort with marina (something greatly needed in The Villages Area). A first class Motorcoach & RV resort on beautiful Lake Griffin is something that should be considered, too. Even a mixed-use development with single & multi-family home possibilities, dry boat storage, a marina, condominiums, or vacation time shares are all possibilities. Enhance these developments with potential amenities like fishing piers, a full-service marina with both wet and dry storage, and a private pond perfect for leisurely fishing or simply relaxing by the water. Check out all the concept sketches in the documents. Opportunities like this are rare near The Villages! Don't miss out!

PLEASE see OM/FLYER & Due Diligence Documents for concepts, details & information. Utilities are assumed to be within 3 miles of site and the cost PROFORMA reflect that. Seller has no designs (except the DD concept plans) and has no studies or documents such as environmental, geotechnical, topo, endangered species, wetland, marina, lake access or other such. Buyer should perform own due diligence including but not limited to end use studies, engineering & design, feasibility, and cost estimates. Depending on use, it will obviously take a change in the Comprehensive Plan, Future Land Use and probably will required a PUD with a possible partnership in a utility district with the County to develop this property into a substantial destination lake resort RV resort, mixed used, or multi or single family residential project.

Nice 3 BR home, barns & other facilities may or may not be incorporated in a new development.

Directions

From The Villages head east on East Co Rd 466 toward Laurel Manor Dr. Continue to follow East Co Rd 466 E 5.2 mi then turn right onto US-441 S/US Hwy 27 S. Go

0.7 mi and turn left onto Griffin View Dr. Go 3.1 mi and turn right onto Bertsville Rd. Go another 0.5 mi and turn right onto Illinois St. Go through Entry.

Location

Street Address
37800 Illinois St
Community
Metes & Bounds
Elevation
69 feet
Coordinates
28.898, -81.8596

Property details

MLS Number
NEFMLS 2034960
Date Posted

Property taxes

2023
$25,794

Parcels

  • 25-18-24-0001-000-00100

Legal description

This 146-acre property is located at 37800 Illinois St in Lady Lake, FL 32159 with latitude 28.898 and longitude -81.8596. The property is currently pending sale for $9,400,000 with a price per acre of $64,384. Listing data is sourced from Northeast Florida Multiple Listing Service # 2034960.

Verify sale details at the property source or contact Coldwell Banker Vanguard Realty at (904) 269-7117.

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Copyright (C) 2024 Northeast Florida Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 1 hour ago. Parcel data by Regrid.

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