
$332,000
1840 51st Terrace
Gainesville, FL 32605
Listing updated: September 19, 2026 at 1:13 PM ET
Property type
Lot size
Price / sq ft
HOA dues
Day on market
Flood zone
About this home
RARE 4.24-ACRE LAKEFRONT ESTATE LOT IN SUBURBAN HEIGHTS. Discover an opportunity to build a custom estate in Gainesville’s highly sought-after Suburban Heights neighborhood. This gated, exceptionally private property offers a rare combination of a large cleared homesite, lake frontage, mature forest, and convenient access to the city’s premier destinations—all without an HOA. Tucked away at the end of a quiet cul-de-sac, the property is accessed through a wooded easement and opens to a large, square-shaped, high-and-dry building area. The property is secluded with an 8’ privacy fence along the eastern lot line, lake to the south, and otherwise surrounded by nature. Envision building your dream home overlooking a private garden, creating walking trails through your very own forest, and enjoying a dock along the lake for beautiful sunsets and tranquil canoeing. It’s the ultimate Gainesville location: 3 miles to the University of Florida, less than 2 miles to I-75, 1.5 miles to Oaks Mall, HCA North Florida Hospital & Shoppes at Thornebrook, and approximately 1 mile to Gainesville Health & Fitness and Publix. Due diligence has already been completed on this open-builder property. GRU utilities are available, including city water, city sewer, city gas, and underground electric. Two water meters are in place at the end of the cul-de-sac, offering the potential for separate service to a main residence and ADU. A tree survey is available upon request. The property is exempt from a sidewalk requirement, and driveway paving is not required. Gainesville residential zoning allows up to two ADUs. Due to the existing access easement, the property cannot be subdivided. An octaconal chert structure remains on the property, along with a mound of limerock that could be an asset for future landscaping. Wetlands are located to the north and south of the property, with construction subject to maintaining the applicable 50-foot buffer. The elevation survey shows the building area to be high and dry, and lake drains to the South for additional peace of mind. The building site is located in Flood Zone X, while the portion containing the lake is in Flood Zone A. A truly distinctive opportunity to create a secluded luxury estate in one of Gainesville’s most desirable and community-oriented neighborhoods – with acreage, lake frontage, natural beauty, and exceptional proximity to everything the city has to offer. Contact the Listing Agent for additional property details and due diligence information.
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 history1 days on market
- Status: ActiveSep 18, 2026
- Listed$332,000Sep 18, 2026
- Price increased$332,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 1
- Subdivision
- Kingswood 4th Add
- County
- Alachua
- Price/sq ft
- $2
- Lot size
- 184,694 sq ft
- Lot category
- 2 to less than 5
- Flood zone
- A & X
- Annual taxes
- $4,458 (2026)
- Parcel #
- 06358 001 000
- Zoning
- SF
- MLS #
- GC543599
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HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
Exterior & Construction
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Capable, Electrical Nearby, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Listing Details
- Listing date
- 2026-09-18
- On market date
- 2026-09-18
- Original list price
- $332,000
- MLS area
- 32605 - Gainesville
- Listing AOR
- Gainesville-Alachua
- Status changed
- 2026-09-18
- Tax legal description
- See survey attached.
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
From I-75 Drive E on Newberry Rd. Turn Left at stop light on NW 8th Ave. Turn Left on NW 51st Ter. Drive straight all the way to the cul-de-sac where the road ends and continue on the dirt road. Stay left, enter the property with the iron gate that reads "Elfwood".
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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 September 19, 2026 at 1:13 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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