$329,900
8725 Treasure Island Road
Leesburg, FL 34788
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage space
Flood zone
About this home
Short term Owner Financing make this a RARE opportunity to acquire a wooded 4.87-acre Agricultural-zoned property in a highly convenient Leesburg location. Think Horses, Cows or Chickens. Tucked away for privacy, yet less than 1 mile from County Road 44, this parcel offers the ideal balance of rural living with quick access to town amenities. The property is 3.2 miles to Lake Sumter State College and just 6 miles to the public boat ramp on the world-class Harris Chain of Lakes, renowned for excellent bass fishing. It's only 9 miles to the two best hospitals in the area; UF Health in Leesburg and Advent Health Waterman in Tavares. The existing 1,390 sq ft concrete block residence was impacted by a lightning strike in June 2025, resulting in a fire that destroyed the interior. Only the concrete block shell remains—the roof, all interior walls, kitchen cabinetry, and plumbing fixtures have been removed. This presents a clean slate for your custom floor plan. There is plenty of room to add floorspace in all directions. A great opportunity to create your own country estate. Owner occupants, investors or builders, here's your head start to create something outstanding. Instant savings include greatly reduced impact fees because of the pre-existing 3 Bedroom, 2 Bath Home, a private well and a septic system. The future owner could potentially live on site in an RV or a camper while reconstructing the main house. Additional features include a 720 sq ft detached barn and mostly fenced acreage, suitable for agricultural use, animals, or future improvements. With mature trees, usable land, and strong location fundamentals, this property offers exceptional potential for redevelopment or a custom rural homestead close to lakes, education, and major roadways.
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 history142 days on market
- Status: ActiveJan 6, 2026
- Listed$399,900Jan 5, 2026
- Price reduced$329,900
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 142
- Subdivision
- Silver Lake Estates
- County
- Lake
- Year built
- 1982
- Living area
- 1,390 sq ft
- Price/sq ft
- $237
- Building area
- 2,140 sq ft (Public Records)
- Lot size
- 212,137 sq ft
- Lot category
- 2 to less than 5
- Flood zone
- X* (12069C0331E)
- Garage
- 1 spaces
- Annual taxes
- $2,142 (2025)
- Parcel #
- 09-19-25-0001-000-02500
- Zoning
- A
- MLS #
- G5106215
Interior Details
- Bedrooms
- 3
- Full bathrooms
- 2
- Flooring
- Concrete
- Appliances
- None
- Interior features
- Open Floorplan, Primary Bedroom Main Floor
- Laundry
- None
- Stories / Levels
- One
- Direction faces
- Southwest
Heating & Cooling
- Heating
- None
- Cooling
- None
Parking
- Garage spaces
- 1
- Attached garage
- Yes
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- 1 Month
- Listing terms
- Cash, Conventional, FHA, Owner Financing
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Other
- Construction materials
- Block
- Roof
- Other
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Septic Tank
- Water source
- Well
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Available
Community
- Pets allowed
- Cats OK, Dogs OK
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | First | 8x8 |
| Living Room | First | 15x12 |
| Primary Bedroom | First | 12x11 |
| Bedroom 2 | First | 10x11 |
| Bathroom 3 | First | 10x10 |
Listing Details
- Listing date
- 2026-01-05
- On market date
- 2026-01-05
- Original list price
- $399,900
- Occupant type
- Vacant
- MLS area
- 34788 - Leesburg / Haines Creek
- Listing AOR
- Lake and Sumter
- Status changed
- 2026-01-06
- Tax legal description
- BEG NW COR OF S 1/4 OF N 1/2 OF GOV LOT 1 RUN N 89-57-45 E 405.12 FT S 43-42-21 W TO E LINE OF LOT 6 BLK 4 SILVER LAKE ESTATES N TO NE COR OF SAID LOT W 274 FT N 01-10-15 W TO A PT THAT IS S 89-57-45 W OF POB N 89-57-45 E TO POB AND SILVER LAKE ESTATES PB 10 PG 66-69 BEG AT NW COR OF LOT 6 BLK 4 & RUN S 01-10-15 E TO NE'LY R/W OF TREASURE ISLAND RD RUN SE'LY ALONG SAID RD 206.12 FT N 43-42-21 E TO E LINE OF SAID LOT 6 N ALONG SAID E LINE TO NE COR OF LOT 6 W 274 FT TO POB BEING IN SECTION 9 TOWNSHIP 19 SOUTH RANGE 25 EAST ORB 4711 PG 1416 ORB 6263 PG 1068
Flood risk
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 County Road 44 Between Eustis and Leesburg, go NORTH on Treasure Island Rd
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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 May 27, 2026 at 9:19 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.
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