$2,430,000
1135 Hwy 466
Lady Lake, FL 32159
Listing updated: June 22, 2026 at 10:03 AM ET
Listing courtesy of Flamingo Real Estate & Mngmt · Robbie Shoemaker · MLS #G5092156 · Active · 352-689-1000Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
One of the Town of Lady Lake's largest and best-located properties is now complete and available for purchase! Abutting to The Villages on 3 sides, "Lumen Park" consists of 30+/- acres and has ingress and egress from both eastbound and westbound traffic on County Road 466. This Site has been master-planned into 4 parcels with ONLY 2 REMAINING SITES (Lots 3 & 4). Lots 3 & 4 have a combined 35,000sqft of commercial developable space and interior roadways are complete, along with utilities including: city water & sewer, underground electric, internet, phone, and cabie. This listing is for Lot 4 which consists of approximately 2.9+/ - acres, is fully developable with off-site master retention, and cables and 15,000sqft of buildable space. This parcel sits on the East side of the property with over 200' of road frontage on CR 466. It is now available and lends itself to retail, office, medical, and professional-related uses. Why go through the hassle, time, and cost of the rezoning and engineering when a site like this is READY TO GO with entitlements and infrastructure! Call or email me today to set up your private showing.
Local Insight
At $2.43M for 2.78 acres ($20/sqft), you're paying a significant premium for Highway 466 frontage in a market where raw land typically moves much slower than residential—the real value here depends entirely on your development plans and whether commercial or higher-density residential zoning potential justifies the price. Location-wise, you're positioned between Lady Lake's active adult residential market and The Villages' southern edge, which could work for mixed-use or hospitality development, but you'll want to verify what uses the current zoning actually permits before committing. The no-flood-zone and no-HOA aspects are clean, but this is a speculative land play, not a cash-flow property, so your exit strategy and local development trends matter more than the price per square foot.
AI-generated insight based on listing data and neighborhood context. Verify independently.
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 history509 days on market
- Status: ActiveJan 29, 2025
- Listed$1,350,000Jan 29, 2025
- Price increased$2,430,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 509
- Subdivision
- Lumen Park
- County
- Lake
- Price/sq ft
- $20
- Lot size
- 121,097 sq ft
- Lot category
- 2 to less than 5
- Flood zone
- X
- Annual taxes
- $7,056 (2024)
- Parcel #
- 18-18-24-0300-000-00400
- MLS #
- G5092156
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Interior Details
- Direction faces
- South
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Electricity Available, Phone Available, Sewer Available, Water Available
Listing Details
- Listing date
- 2025-01-29
- On market date
- 2025-01-29
- Original list price
- $1,350,000
- MLS area
- 32159 - Lady Lake (The Villages)
- Listing AOR
- Lake and Sumter
- Status changed
- 2025-01-29
- Tax legal description
- LUMEN PARK PB 67 PG 60-61 LOT 4--LESS BEGIN AT THE SOUTHEAST CORNER OF LOT 4, RUN NORTH 89-57-00 WEST ALONG THE NORTH RIGHT OF WAY LINE OF COUNTY ROAD 466 A DISTANCE OF 32.69 FEET, SOUTH 00-03-00 WEST 2.75 FEET, NORTH 89-57-00 WEST 213.30 FEET, NORTH 00-04-01 WEST ALONG THE WEST LINE OF SAID LOT 4 A DISTANCE OF 15.35 FEET, SOUTH 89-58-12 EAST 197.26 FEET, SOUTH 76-23-10 EAST 50.17 FEET, SOUTH 00-04-01 EAST 0.90 FEET TO THE POINT OF BEGINNING OF ADDITIONAL ROAD RIGHT OF WAY--
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From the intersection of CR 466 & Rolling Acres Rd, head West on CR 466 towards Morse Blvd. The property will be approximately a half-mile and located on the right. Look for the sign!
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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 June 22, 2026 at 10:03 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.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA