$4,500,000

911 County Road 48

Groveland, FL 34736

Active
0
Baths
56.03
Acres
56.03 acres$2/sqft
🏠Land

Property type

📐2,351,804 sqft

Lot size

📊$2

Price / sq ft

🏘️No HOA

HOA dues

📅373

Days on market

🌊X/A

Flood zone

About this home

56 + acres adjoining The Villages expansion area by 3 property boundaries. Property is adjoined on 3 property boundaries by THE VILLAGES expansion areas. Subject property is convenient to Fl. Turnpike & I-75, off CR 48 just south of HWY 470 & north of Austin MerrittRd. Property currently AG, however, City of Leesburg has utilities nearby & open to annexation/entitlements for future development. Includes Lake County Property Appraiser Alt Keys: 1701333, 3794012.

Estimated monthly payment

Principal & interest$22,754
Property taxes$799
Home insurance (est.)$2,063

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 history373 days on market

  1. Status: Active
    May 6, 2026
  2. Listed$4,500,000
    Apr 22, 2025
  3. Price increased$4,500,000

Facts & features

Property type
Land
Status
Active
Days on market
373
Cumulative DOM
741
County
Lake
Price/sq ft
$2
Lot size
2,351,804 sq ft
Lot category
50 to less than 100
Flood zone
X/A
Annual taxes
$9,589 (2024)
Parcel #
31-20-24-0004-000-00300
Zoning
A
MLS #
G5096102

Interior Details

Direction faces
East

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Ownership
Fee Simple

Exterior & Construction

Road surface
Asphalt

Utilities

Sewer
Septic Tank
Water source
Well
Utilities
Electricity Available, Other

Listing Details

Listing date
2025-04-21
On market date
2025-04-22
Original list price
$4,500,000
MLS area
34736 - Groveland
Listing AOR
Ocala - Marion
Status changed
2026-05-06
Tax legal description
S 1/2 OF SE 1/4 W OF RR--LESS W 462 FT-- ORB 5710 PG 2407

Flood risk

Zone X/AFEMA Zone X/A

See FEMA for this zone’s designation and insurance requirements.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

From Okahumpka go south on CR 33/48, turn right onto CR 48 and continue south. Go under Florida Turnpike and propertywill be on the right before N Austin Merritt Road. Look for signage.

More homes like this

MLS GRID

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 May 6, 2026 at 1:41 PM 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