$640,000
8943 Silver Lake Drive
Leesburg, FL 34788
Listing updated: March 9, 2026 at 3:36 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
This Silver Lake waterfront 5 bedroom/3.5 bath home is located on a quiet lot in the heart of Leesburg. Walk into the oversized great room with vaulted ceilings and a cozy brick fireplace. Large windows offer an abundance of natural light and picturesque water views. The bright kitchen (with a new refrigerator and dishwasher) was recently redone. The interiors have been freshly painted. An office/library with built in bookcases and a desk offers a relaxing place to read or work. The master bedroom is a serene retreat and has a private bathroom with two vanities. The screened in pool area is perfect for outdoor entertaining. Adjacent to the pool area is a game room/guest house which has a spacious bedroom with a sitting area. Unique features of this house include Gothic windows and bay windows with window seating. There is a roomy 2 car garage with plenty of storage. The washer and dryer are new. The generous 1.44-acre lot size provides potential with room to expand. The house is in the established Silver Lake Estates community and conveniently located near schools (Treadway Elementary and Lake Sumter State College), restaurants, shopping, and Leesburg International Airport.
Local Insight
At $640K on 1.5 acres with direct water access and a pool, this property sits above the median for Leesburg but offers rare acreage and waterfront amenities that justify the premium—though being in flood zone AE means flood insurance will be a significant ongoing cost that buyers often underestimate. The 1984 build on this lot size appeals to buyers willing to renovate or those who want the land more than the structure, so getting a thorough inspection on a 40-year-old home matters before committing, especially given the flood-prone designation. If you're drawn to Lake Harris access and the historic downtown scene without wanting a full estate price, this is worth a close look, but factor in what modern updates and insurance will realistically cost you.
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 history5 days on market
- Status: ActiveMar 4, 2026
- Listed$640,000Mar 4, 2026
- Price increased$640,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 5
- Subdivision
- Silver Lake Estates
- County
- Lake
- Year built
- 1984
- Living area
- 3,350 sq ft
- Price/sq ft
- $191
- Building area
- 3,600 sq ft (Owner)
- Lot size
- 62,942 sq ft
- Lot category
- 1 to less than 2
- Flood zone
- AE (12069C0333E)
- Garage
- 2 spaces
- Pool
- Private pool
- Annual taxes
- $4,966 (2025)
- Parcel #
- 01-19-25-0500-052-00201
- Zoning
- R-1
- MLS #
- TB8481421
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Interior Details
- Bedrooms
- 5
- Full bathrooms
- 3
- Half bathrooms
- 1
- Flooring
- Hardwood, Laminate, Tile
- Appliances
- Convection Oven, Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Washer, Water Softener
- Interior features
- Vaulted Ceiling(s), Window Treatments
- Laundry
- In Garage
- Stories / Levels
- One
- Direction faces
- Northeast
- Fireplace
- Yes
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Garage spaces
- 2
- Attached garage
- Yes
- Parking features
- Garage Door Opener, Garage Faces Side
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- HOA name
- UNKNOWN
- CDD
- No
- Homestead exemption
- Yes
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Ownership
- Fee Simple
- Available for lease
- No
Exterior & Construction
- Exterior features
- Courtyard
- Construction materials
- Block
- Roof
- Built-Up
- Foundation
- Slab
- Pool
- Private pool
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Other
Utilities
- Sewer
- Septic Tank
- Water source
- Well
- Utilities
- Electricity Connected
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | First | 18x14 |
| Kitchen | First | 16x9 |
| Living Room | First | 18x14 |
Listing Details
- Listing date
- 2026-03-04
- On market date
- 2026-03-04
- Original list price
- $640,000
- Occupant type
- Owner
- MLS area
- 34788 - Leesburg / Haines Creek
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-03-04
- Tax legal description
- SILVER LAKE ESTATES FROM SE COR OF SEC 16-19-25 RUN N 534.45 FT W 39.52 FT TO POB RUN N 28DEG 23MIN 25SEC E TO LAKE BEG AGAIN AT POB RUN S 28DEG 23MIN 25SEC W 5.95 FT N 63DEG 18MIN W 145.34 FT N 28DEG 49MIN E TO LAKE SE'LY ALONG LAKE TO INTERSECT FIR ST LINE--LESS ROAD R/W-- BEING A PART OF LOT 2 BLK 52 BEING IN SEC 15-19-25 PB 10 PGS 66-69 ORB 1735 PG 2213
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
If coming from downtown Leesburg, go via 441, turn left on Stewart Lane, next corner, turn left into Silver Lake Drive. House is on the left.
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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 March 9, 2026 at 3:36 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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