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Exceptional Corner Lot Near Pine Ridge – 0. 26 Acres | Build or Invest
This premium corner lot offers excellent visibility, dual road access, and is located in one of the most promising areas of Citrus Springs. Surrounded by existing homes and just minutes from the Pine Ridge community, this lot is ideal for residential construction or long-term investment.
Property Highlights:
Corner lot with frontage on two paved roads
Located near existing homes – highly desirable location
Power and water connections available nearby
No HOA – freedom to build at your own pace
Peaceful residential setting with natural surroundings
Strong growth area with increasing new construction
Distances from 3861 W Malby Ln:
Citrus Springs Elementary – 8 minutes
Central Ridge Park – 9 minutes
Publix Supermarket – 13 minutes
Walmart Dunnellon – 15 minutes
Rainbow Springs State Park – 20 minutes
Pine Ridge Equestrian Trails – 12 minutes
Crystal River – 30 minutes
Why This Lot? Corner lots are among the most valuable residential parcels due to their superior accessibility, exposure, and design flexibility. This one stands out even more thanks to nearby development, utility availability, and proximity to Pine Ridge — one of the most sought-after areas in Citrus County.
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Our Executive Mortgage Banker:
Our Insurance Division:
$23,700
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $18,960 | $18,960 | $18,960 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $117 | $120 | $157 |
| Total Monthly Payment | $192 | $195 | $232 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.