
Land with Home for Sale in Lecanto, Florida
531 S School Ave, Lecanto, FL 34461
Opportunity Awaits on 3.69 Acres in Lecanto! Looking for acreage, location, and unlimited potential? This 3-bedroom, 1-bath concrete block home offers 1,663 living square feet and sits on a sprawling 3.69-acre parcel in the heart of Lecanto, Florida. Built in 1983, this property is ready for a complete transformation and presents an exceptional opportunity for investors, flippers, contractors, or buyers seeking a project with room to grow. Nestled on a beautiful oversized parcel with no HOA and no deed restrictions, you'll have the freedom to create the property you've always envisioned. The home has been vacant for many years and currently has no electric or water service. While the residence will require repairs and updates, its solid concrete block construction provides a foundation for restoration. The location is hard to beat! Enjoy convenient access to the Suncoast Parkway, Gulf to Lake Highway, shopping, dining, medical facilities, and everything Citrus County has to offer while still enjoying the privacy and space of country living. Whether you're looking to renovate, invest, or build your dream homestead, this rare acreage opportunity offers incredible potential at an affordable price. Make your showing appointment now!
Location
- Street address
- 531 S School Ave
- County
- Citrus County
- Zip code
- 34461
- Community
- Mayfield Acres
- Elevation
- 119 feet
Directions
From Suncoast Parkway Exit 68 travel east 3.6 miles to School Ave. Turn left and travel quarter-mile to address on the right.
Property details
- Acreage
- 3.69 acres
- Zoning
- MDR
- MLS #
- RACC 855295
- Posted
Property taxes
- 2025
- $2,074
Parcels
- 2277483
Legal description
MAYFIELD ACRES UNREC SUBD (MSP 92-19 OR BK 961 PG 267) TRACT A: N1/2 OF NW1/4 OF NW1/4 OF SE1/4 OF SEC 2-19-18 LESS S 165.65 FT OF THE E 494 FT OF W 514 FT THEREOF & LESS & EXC W 20 FT THERE OF FOR RD R/W. TITLE IN OR B K 1418 PG 1459 & OR BK 1752 PG 1307
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Lot
- Features
- Acreage
Exterior
- Parking
- Assigned
Structure
- Stories
- 1
- Water
- Well Needed
- Sewer
- Septic Tank
- Materials
- Stucco
- Roof
- Asphalt, Shingle
Interior
- Rooms
- Bathroom, Bedroom x 3
- Flooring
- Unfinished
Nearby schools
| Name | Type |
|---|---|
| Forest Ridge Elementary | Elementary |
| Lecanto Middle | Middle |
| Lecanto High | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| June 5, 2026 | New listing | $224,999 | — | RACC |

















