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Land with Home for Sale in Lady Lake, Florida

39106 Grays Airport Rd, Lady Lake, FL 32159

$460,000
2.29 acres
Active sale
ago
Est $2,601/mo

NO HOA! The property sits on a 2.27-acre lot and offers 2,574 SF of living space with 7 bedrooms and 4 bathrooms. It comes partially furnished with furniture, fixtures, and business equipment included.

The home has operated as a licensed 6-bed Assisted Living Facility (ALF) for over a decade. The property will be delivered vacant; the seller intends to keep the ALF license active for the next buyer if requested.

With NO HOA in place, the next owner may choose to continue operating the home as a residential ALF or explore other permitted uses such as adult day care, a halfway home, or other congregate living arrangements.

Safety features include a fire alarm system and a generator.

Conveniently located approximately 15 minutes from The Villages. The home is competitively priced at comparable real estate values, offering an opportunity for investors, operators, or homeowners alike.

Before the expiration of the due diligence period and closing, the buyer is responsible for verifying room measurements, licensing requirements, permits, zoning, and any other details pertaining to the buyer’s intended use of the property.

2,574
Sq feet
7
Beds
4
Full baths
1990
Built

Location

Street address
39106 Grays Airport Rd
Community
Bonaire Heights
Elevation
130 feet
Coordinates
28.9179, -81.8861

Directions

From US-441/27 in Lady Lake, head north on US-441/27 toward Fruitland Park. Turn right onto Grays Airport Rd and continue for approximately 1.5 miles. The property will be on your right.

Property details

Acreage
2.29 acres
Zoning
R-1
MLS #
MFRMLS O6388983
Posted

Property taxes

2025
$4,737

Parcels

  • 14-18-24-0003-000-04200

Legal description

Resources

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
Keller Williams Realty

Exterior

Features
Awning(s)

Structure

Heating
Central
Cooling
Central Air
Materials
Cement Siding, Stucco

Interior

Room Count
4
Rooms
Bathroom x 4, Bedroom x 5, Kitchen, Living Room
Flooring
Tile, Vinyl
Appliances
Cooktop, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Features
Ceiling Fans(s), Thermostat, Walk-In Closet(s)

Listing history

DateEventPriceChangeSource
Mar 10, 2026New listing$460,000MFRMLS
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This 2.29-acre property is located at 39106 Grays Airport Rd in Lady Lake, FL 32159. The property is available for sale for $460,000. It has a 2,574 sq ft 7 bedroom, 4 bath house built in 1990.

Checked 2 hours ago — Updated

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