Price Reduced 28.19%
Price History
$549,900
12/3/2024
$529,900
12/17/2024
$529,000
1/27/2025
$509,000
4/17/2025
$499,900
4/25/2025
$489,900
5/28/2025
$449,000
6/13/2025
$444,000
8/1/2025
$439,000
8/25/2025
$429,000
10/14/2025
$425,000
11/10/2025
$399,900
12/31/2025
$394,900
2/4/2026
1151 EMMA LANE, Leesburg, FL, 34748
11 rooms
4 beds
2 Full baths
2003
2,280 sqft
PRICE IMPROVEMENT! HOME WARRANTY INCLUDED! Exceptional investment opportunity on 7.5 fully fenced and gated acres, zoned agricultural and offering multiple paths to value. This unique property features two separate homes on individual parcels, each with its own well, septic, and utilities—a rare setup ideal for rental income, redevelopment, or future subdivision. The main residence is a 4-bedroom, 2-bath home with a large bonus room featuring a wet bar, easily adaptable for additional living space, a home office, or rental potential. The second dwelling, while in need of updates, provides value-add upside and flexibility for long-term rental, short-term use, or multi-generational living. With ample acreage, the property supports a wide range of income-producing or development options, including agricultural use, equestrian facilities, hobby farming, or a subdivide opportunity. Located in a peaceful rural setting yet just minutes from Brownwood Town Square in The Villages, the property benefits from proximity to one of Florida’s most active and rapidly growing markets. Easy access to major highways provides convenient travel to both coasts’ beaches and Orlando’s theme parks, enhancing long-term desirability. Whether you’re seeking a cash-flow opportunity, land investment, or value-add project, this property delivers flexibility, location, and upside. Check out this rare offering and schedule your private showing today.
Status:
Active
Type:
Single-family residential
Laundry Remarks:
Inside, Laundry Room
Subdivision:
N/A
Heating:
Electric, Heat Pump
Cooling:
Central Air
Acreage:
7.5
Est. Taxes:
$2,986
Construction
Vinyl Siding
Utilities
Electricity Connected
Lot Description:
Street Dead-End
View Description:
Trees/Woods
Days on Market:
443
Pet Policy:
Yes
Appliances:
Built-In Oven, Dishwasher, Electric Water Heater, Exhaust Fan, Range, Refrigerator
Min Lease Term:
No Minimum
MLS #:
G5086659
Community Info
School Info
Walk Score
Yelp
Listing courtesy of ERA GRIZZARD REAL ESTATE 352-787-6966