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40945 BEACH, Eustis, FL, 32736 | $1,499,000
One or more photo(s) has been virtually staged. Exceptional 40± Acre Agricultural Opportunity in Lake County – Turnkey Hemp Operation or Private Ranch Potential
Rarely does a property like this become available. Spanning approximately 40 acres, this former fernery—now operating as a licensed hemp production facility—offers a unique blend of established infrastructure, income potential, and future versatility.
The property is fully equipped for agricultural use with multiple wells, high-capacity diesel-powered irrigation systems (4”, 8”, and 10” lines), and extensive greenhouse/shade structures that can be utilized for continued cultivation or removed to create a blank slate for alternative uses.
At the center of the operation is an updated warehouse featuring new A/C, two walk-in coolers, and ongoing build-out of a commercial-grade kitchen, storage areas, and large submerged tanks—providing flexibility for processing, storage, or expansion of operations. Additional improvements include barns, equipment storage, office space, and multiple outbuildings to support a wide range of agricultural or business needs.
Beyond its functionality, the property offers a beautiful natural setting with open pasture, scattered oak trees, a small pond, and abundant wildlife—creating an ideal backdrop for a private estate, ranch, or multi-use agricultural venture.
Residential features include a ~2, 300 sq ft home with an inground pool (ready for updates to make it your own), as well as a secondary mobile home with a newer roof. Infrastructure upgrades include a new well pump, updated interior lighting, flooring, and paint in the main home, along with recently serviced and certified septic systems.
Tucked away just 1/4 mile off a county road on a quiet dead-end street, the gated entrance ensures privacy while still maintaining convenient access.
Whether you’re looking to continue hemp production, revive the nursery operation, diversify agricultural use, or create a private compound—this property offers unmatched flexibility and opportunity.
Endless possibilities with infrastructure already in place.
Features
- Lot Size: 1329 x 1337 x 1336 x 1333
- Lot Desc: Street Dead-End, Unincorporated, Zoned for Horses
- Pet Policy: Yes
- MLS#: O6396224
- Days on Market: 3 days
- Website: https://www.raveis.com
/prop/O6396224/40945beach_eustis_fl?source=qrflyer
Listing courtesy of HOMEVEST REALTY Phone: 407-897-5400
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
40945 BEACH, Eustis, FL, 32736
$1,499,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,199,200 | $1,199,200 | $1,199,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.251% | 6.235% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,998 | $7,286 | $10,120 |
| Total Monthly Payment | $7,123 | $7,411 | $10,245 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388