$675,000
40242 Emeralda Island Road
Leesburg, FL 34788
Listing updated: June 5, 2026 at 9:52 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
Set on almost 10 peaceful acres, this beautiful log cabin offers privacy, charm, and endless potential. Enjoy your private pond views from two front porches—perfect for relaxing and taking in the natural surroundings. Inside, soaring ceilings and a wood-burning fireplace create a warm, inviting atmosphere. An unfinished upstairs bedroom provides excellent potential for a third bedroom or flexible living space. Adding incredible value is a large detached workshop with both inside and outdoor space. It features a bathroom, kitchen, and living area. After some restoration this would be ideal for a guest suite, studio, home business, or multi-use space. If you’re looking for acreage, privacy, and a property with character and room to grow, this log cabin is a rare opportunity to create something truly special.
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 history55 days on market
- Status: PendingMay 6, 2026
- Listed$700,000Mar 11, 2026
- Price reduced$675,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Pending
- Days on market
- 55
- Subdivision
- N/A
- County
- Lake
- Year built
- 2007
- Living area
- 2,220 sq ft
- Price/sq ft
- $304
- Building area
- 2,604 sq ft (Public Records)
- Lot size
- 429,024 sq ft
- Lot category
- 5 to less than 10
- Flood zone
- x
- Garage
- 2 spaces
- Annual taxes
- $3,209 (2025)
- Parcel #
- 09-18-25-0003-000-07700
- Zoning
- RES
- MLS #
- G5106419
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Interior Details
- Bedrooms
- 3
- Full bathrooms
- 1
- Half bathrooms
- 1
- Flooring
- Wood
- Appliances
- Built-In Oven, Cooktop, Dishwasher, Dryer, Refrigerator, Washer, Water Softener
- Interior features
- Ceiling Fans(s), High Ceilings
- Laundry
- Inside
- Stories / Levels
- Two
- Direction faces
- West
- Fireplace
- Yes
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Garage spaces
- 2
- Attached garage
- No
- Parking features
- Bath In Garage, Converted Garage, Workshop in Garage
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Storage
- Construction materials
- Log
- Roof
- Metal
- Foundation
- Crawlspace
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Septic Tank
- Water source
- Well
- Utilities
- Private
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | 27x27 |
| Dining Room | First | 15x11 |
| Kitchen | First | 15x12 |
| Primary Bedroom | First | 15x12 |
| Loft | Second | 9x20 |
| Bathroom 2 | Second | 14x12 |
| Bathroom 3 | Second | 14x12 |
Listing Details
- Listing date
- 2026-03-11
- On market date
- 2026-03-11
- Original list price
- $700,000
- Occupant type
- Vacant
- MLS area
- 34788 - Leesburg / Haines Creek
- Listing AOR
- Lake and Sumter
- Status changed
- 2026-05-06
- Tax legal description
- S 1/2 OF S 1/2 OF NE 1/4 OF SW 1/4--LESS W 33 FT FOR RD R/W--
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 CR 44A, turn onto Emeralda Ave, Turn left onto Emeralda Island Rd, House on the right. Sign out front..
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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 5, 2026 at 9:52 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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