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0 EARTH STAR LANE, Groveland, FL, 34736 | $825,000
25-Acre Versatile Estate & Agri-Business Asset in Groveland – Exceptional Future Development Potential
Welcome to the former Hoban Grove, a rare and highly versatile 25-acre landmark estate in the heart of Groveland, Florida. Positioned directly adjacent to the renowned Cherry Lake Nursery, this premier acreage seamlessly bridges the gap between a turn-key agricultural operation, a luxury waterfront homestead, and a strategic long-term investment. Rich with history, the property has transitioned from a thriving citrus nursery into a fully functional livestock operation, currently home to a flourishing goat farm.
Whether you are looking to scale an agribusiness, build a private family compound, or capitalize on Central Florida’s rapid growth through future development, this parcel offers a canvas of unlimited potential.
Unmatched Property Assets & Infrastructure
The Land: 25 expansive acres featuring high-quality, fertile soil and a thoughtful layout composed of multiple open, fenced pastures ready for immediate use.
Private 8-Acre Pond: A breathtaking focal point anchoring the property, offering incredible utility for aquaculture, irrigation, recreational fishing, or a stunning backdrop for a luxury estate.
On-Site Residence: The existing private home provides a solid foundation for comfortable country living, an immediate owner-operator headquarters, or a rental income stream while you plan your expansion.
Endless Possibilities: Live, Work, or Develop
This property is uniquely positioned to cater to multiple high-value use cases:
Agribusiness & Equestrian Hub: Perfect for continued livestock operations, crop cultivation, or transformation into a premier equestrian facility with ample room for stables, arenas, and riding trails.
The Ultimate Luxury Homestead: Build a custom architectural masterpiece overlooking the private 8-acre oasis, enjoying total rural privacy and the beautiful neighboring canopies of Cherry Lake Nursery.
Future Development Potential: Strategically located in Lake County’s path of progress. With its expansive road frontage and proximity to established hubs, this tract offers excellent long-term development or subdivision potential for residential or specialized use, upon county zoning and land-use approval.
Strategic Central Florida Location
Enjoy the ultimate rural escape without sacrificing urban convenience. Hoban Grove is situated just minutes from downtown Groveland, the booming Clermont area, and major commuter and distribution corridors, offering privacy with rapid accessibility.
Price: Now being offered starting at $825, 000.
Zoning/Use: Current Agricultural/Residential.
Don't miss this rare opportunity to secure a substantial multi-use land tract with massive intrinsic value and future upside in one of Florida's fastest-growing regions. Schedule your private tour today.
Features
- Frontage: Riparian Rights: 1000
- Lot Size: 399 x 1290
- Lot Desc: Buildable, Farm, Gentle Sloping, Street Dead-End, Zoned for Horses
- View: Trees/Woods
- Water Front: Yes
- Elem. School: Groveland Elem
- Middle School: Aurelia Cole Academy
- High School: South Lake High
- Pet Policy: Cats OK, Dogs OK, Yes
- MLS#: G5111483
- Days on Market: 63 days
- Website: https://www.raveis.com
/prop/G5111483/0earthstarlane_groveland_fl?source=qrflyer
Listing courtesy of FORTUNE REALTY OF CLERMONT Phone: 352-429-4621
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
0 EARTH STAR LANE, Groveland, FL, 34736
$825,000
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 | $660,000 | $660,000 | $660,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.121% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,852 | $3,957 | $5,569 |
| Total Monthly Payment | $3,944 | $4,049 | $5,661 |
* 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