County Road 48 Leesburg, FL 34748

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Listing Courtesy of:

STELLAR as distributed by MLS GRID / Listed By: Oxford Land Company - Contact: 352-748-1182

County Road 48 Leesburg, FL 34748

Sold on 01/30/2024

$498,000 ^(USD)

15.29

ACRES

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Description

Beautiful 15.29-acre lakefront property located in one of the hottest growth corridors in Lake County - CR 48 between Leesburg and Howey in the Hills, home to Mission Inn Golf Resort. This property is at the intersection of Number Two Rd. and CR 48. It is adjacent to the new Eagletail Landings community consisting of 542 homes and in close proximity to the recently approved Whispering Hills development which has been approved for 2,972 homes and commercial. Whispering Hills runs between Hwy. 27 and Number Two Rd. The property owner of the 15.29 acres is in the process of subdividing the land into 6 estate lots which, based on current market analysis, could bring approx. $200,000 per lot. This property should make for an excellent short-term hold in this rapidly growing area. Close to Turnpike access and shopping at CR 48 & Hwy. 27. The property boasts frontages of 1300' on Number Two Road and 730' on CR 48.

Sold Date:
01/30/2024

Taxes
$4,649(2021)

Lot Size
15.29 acres

Type
Land

County
Lake County

Listed By

Reginald Caruthers, Oxford Land Company, Contact: 352-748-1182

Bought with
Christina Grant, ERA Grizzard Real Estate

Source
STELLAR
Last checked Jun 8 2026 at 7:43 PM GMT+0000

Bathroom Details

Lot Information

Corner Lot
Pasture
Buildable
Gentle Sloping

Utility Information

Utilities: Water Nearby, Bb/Hs Internet Capable, Electrical Nearby
Sewer: None

Listing Price History

Date

Event

Price

% Change

$ (+/-)

Aug 21, 2023

Price Changed

$519,000

-4%

-$20,000

Jun 26, 2023

Price Changed

$539,000

-9%

-$56,000

May 09, 2023

Price Changed

$595,000

-14%

-$100,000

Dec 15, 2022

Listed

$695,000

Additional Information: Oxford Land Company | 352-748-1182

Disclaimer: Listings Courtesy of “My Florida Regional MLS DBA Stellar MLS © 2026. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any other purpose other than to identify properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 6/8/26 12:43

Based on information submitted to the MLS GRID as of 6/8/2026 19:43. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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