Residential Property - Single Family Residence in Groveland
Listing Price: $1,800,000 (Mortgage Calculator →)
Description of Property
SELLER FINANCING AVAILABLE! Discover a rare income-producing opportunity with this sprawling 31-acre agricultural estate in Groveland, comprised of two parcels being bundled together for maximum flexibility (second parcel address 12426 BAY LAKE RD, Groveland, FL 34736 - 12 acres) Seller will consider selling separately. Each parcel functions independently with its own dedicated infrastructure: independent power, water, septic, private ponds, and direct road access. The main parcel features a solid, historic brick home equipped with a durable metal roof and framed by mature, moss-draped oak trees. It provides immediate utility as an income-producing rental, manager's quarters, or a comfortable residence to live in while you build your ultimate dream estate elsewhere on the acreage. The land is zoned Agricultural, fully suitable for horses and livestock, and currently carries an active agriculture tax exemption. Whether you want to maintain the current agricultural business, generate passive rental income, or split the parcels for development, this rare piece of Lake County land offers unparalleled potential.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Groveland
County: Lake
Subdivision: Groveland Farms 33-22-24
Bedrooms: 3
Bathrooms: 2
Sq. Ft. Gross: 1,246
Sq. Ft. Living Area: 1,228
Cost per (heated) sqare foot: $1,466
Year built: 1947
Annual Tax: $3,285
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Electric Water Heater
Additional Rooms: Attic
Flooring: Laminate
Pool & Waterfront Info
Private Pool: Not specified
Water Access: Yes
Water Access Type: Pond
Water Name: UNNAMED
Exterior & Construction
Construction: Brick
Foundation: Slab
Roof: Metal
Exterior Features: Storage
Parking Features: None
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Patio & Porch Features: None
Other Structures: Shed(s)
View: Trees/Woods
Fencing: Wire
Sewer: Septic Tank
Water Source: Well
Lot Information
Lot Size (acres): 31
Lot Size (sq. ft.): 796,981 square feet
Front Exposure: North
Additional Parcels: Yes
Additional Parcels Description: 01-22-24-1100-037-00000
Legal Description & Other Information
Financing Available: Owner May Carry
Parcel Number: 012224110003900000
Zoning: A
Pets Allowed/Pet Policies: Dogs OK
Tax Legal Desc.: GROVELAND FARMS 33-22-24 TRACTS 39 40 PB 2 PGS 10-11 ORB 5014 PG 1832
Section: 1
Range: 24E
Listing courtesy of LPT REALTY LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.