Description

Offered is 132+/- acres of pristine agricultural and development property located in highly desirable central Lake County, north of State Road 50 in the high growth Groveland area. The land is adjacent to The Villages southern expansion property and close to several other substantial existing and planned residential developments as well as grocery stores, restaurants, hospitals, services and the Florida Turnpike that are all within 10 to 15 minutes away. This is a USDA approved working hay farm in a picturesque rural setting with extensive lake frontage on three separate lakes. The land is beautifully laid out for a number of profitable farm ventures and is currently approved for residential development.FUTURE DEVELOPMENT USE: The full property is zoned RE-1 for a single-family residential development in the City of Leesburg and is ready to move to development. The future and adjacent properties land use is R-1 for a possible increase in housing density. The total land area is now divided in to 8 unequal sized separate lots that could immediately be divided up for the selling off of individual lots or a large family compound. CURRENT AGRICULTURAL USE: This USDA registered farm is ag exempt for real estate taxes. It is in active hay production currently leased to an experienced operator. Other allowed agricultural uses include an equestrian center, cattle and calf raising or organic farm, among others. Also, agritourism uses with approvals such as a wedding event venue, farm stays and rentals, and u-pick crops, etc.Buildings and Improvements on site: 1) Fully renovated 1440 square foot farm office with Owner's suite. Nicely renovated and with fiber optic internet. 2) Three separate RV pads with electric, water and internet. Two with direct septic hook ups. Electrical service ready for 5 or more RV pads to be installed for temporary workers or a farm stay business. 3) Total of 600 total amps of electrical power in place for green houses, more RV pads, barns or other farm structures. An additional 400 additional amps to that are ready for meters. 4) Small pole barn and one tractor trailer for equipment and tools.