$899,000
Smith Road
Groveland, FL 34736
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Captivating 8.6-Acre Ranchette with Lucrative Future Development Potential! Welcome to your dream property in the heart of a dynamic, transitioning area poised for remarkable growth. This 8.6-acre ranchette offers the perfect blend of current agricultural use and tremendous future development potential. Key Features: Corner lot in a Prime Location: Located in a semi-rural area transitioning from agriculture to metro Orlando-style residential development. Convenient access to County Rd 33 via the soon-to-be widened and paved Smith Rd, ensuring seamless connectivity. Agricultural Excellence: Fully fenced property, thoughtfully divided into three sections: a nursery, a large primary pasture, and a dedicated area with a squeeze chute for easy cattle loading. A custom-built 18 x 36-foot pole barn, ideal for sheltering livestock or storing equipment. A private well supplying water to four strategically placed watering stations. Future Development Goldmine: Future Land Use designation allowing for 8 units per acre, with permissible uses including single and attached residential, civic uses (such as parks and lift stations), and minor commercial to support the forthcoming residential community. Adjacent to a 250-acre commercial cattle operation with an approved subdivision, ensuring significant development activity in the immediate vicinity. Investment Opportunity: Capitalize on the current cattle-raising operations while positioning yourself to reap the rewards of future residential and commercial developments. NOTE: The project to expand and upgrade Smith Rd got underway October 2025. It encompasses installation of water and sewer lines, underground utilities, topographical work and paving from County Rd 33 to the new Loucks Island Subdivision. A unique chance to secure a substantial tract of land in an area with skyrocketing development potential. Don’t miss out on this rare opportunity to enjoy the best of both worlds – a thriving agricultural lifestyle now and the promise of lucrative development returns in the near future. Schedule your showing today and explore the limitless possibilities this extraordinary property has to offer! Feel free to let me know if there are any additional details or adjustments you'd like to include! One of the co-owners is a Licensed Real Estate Agent in the State of Florida
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history452 days on market
- Status: ActiveAug 5, 2024
- Listed$899,000Aug 5, 2024
- Price increased$899,000
Virtual Tour
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 452
- Subdivision
- Groveland Farms 03-22-24
- County
- Lake
- Price/sq ft
- $2
- Lot size
- 374,616 sq ft
- Lot category
- 5 to less than 10
- Flood zone
- A,X (12069C0535E)
- Annual taxes
- $99 (2023)
- Parcel #
- 01-22-24-0201-022-00000
- Zoning
- A
- MLS #
- G5085377
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Interior Details
- Direction faces
- East
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Other
Utilities
- Sewer
- None
- Water source
- Well
- Utilities
- Electricity Available
Community
- Pets allowed
- Yes
Listing Details
- Listing date
- 2024-08-05
- On market date
- 2024-08-05
- Original list price
- $899,000
- MLS area
- 34736 - Groveland
- Listing AOR
- Lake and Sumter
- Status changed
- 2024-08-05
- Tax legal description
- MASCOTTE GROVELAND FARMS 3-22-24 PB 2 PG 10-11 TRACT 22--LESS BEG AT NE COR OF TRACT 22 RUN S 0-43-38 W 70 FT N 89-23-48 W 452.55 FT S 55-47-05 W 253.67 FT TO W LINE OF TRACT 22 N 0-42-44 E 214.84 FT TO NW COR OF TRACT 22 S 89-23-48 E 660.55 FT TO PO B ORB 2525 PG 2079 ORB 3207 PGS 873 875
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From State Rd 50 in Mascotte go NORTH on County Rd 33 approximately 2 miles. Turn LEFT on Smith Rd. Turn LEFT once past the Orange Grove
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of October 31, 2025 at 9:53 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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