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    713 Newell Hill Rd Leesburg, FL 34748

    Sponsored
    For Sale
    $455,000

    Land - LEESBURG, FL

    Lot size:
    1.64 Acres
    Days on Market:
    83
    Last Refresh:
    Jan 10 at 1:06 pm

    Property Features for 713 Newell Hill Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-1A
    APN
    24-19-24-1300-000-00400
    Pets allowed
    Yes
    Lot size
    1.64 Acres

    Taxes and HOA fees

    Expense value
    60
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Monthly

    Utilities

    Water front features
    Lake Front, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    Keller Williams Advantage Realty (407) 977-7600 [email protected]

    Listing agent Barrett Spray (407) 977-7600 License #590021

    Listing date Oct 20, 2025

    MLS# O6297419 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lake Griffin Homesite Opportunity

    This 1.64-acre homesite is located within the gated community of Majestic Oaks in Leesburg, Florida. Situated on the shores of Lake Griffin, part of the Harris Chain of Lakes, the property offers access to boating, fishing, and scenic cruises. The Harris Chain of Lakes connects to the Ocklawaha and St. Johns Rivers. The lot provides a natural setting with mature trees and space for designing a residence with views and outdoor living areas. The property is zoned R-1A and is intended for residential use. This property presents an opportunity to create a custom lakefront home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Leesburg
    County
    Lake
    State
    Florida
    Longitude
    -81.856775
    Latitude
    28.821015

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    FAQs

    What type of property is this?
    Residential land & home lot - 1.64-acre homesite on Lake Griffin in Majestic Oaks.
    Where is this residential land & home lot located?
    The property is located at 713 Newell Hill Rd Leesburg, FL.
    What is the asking price?
    The asking price for this property is $455,000.
    What are key features of this property?
    This property features: - 1.64-acre lakefront homesite on Lake Griffin.; - Located in the private, gated community of Majestic Oaks.; - Lake Griffin is a ski lake on the Harris Chain of Lakes.
    (407) 977-7600
    Request Owner's contact information
    713 Newell Hill Rd Leesburg, FL 34748
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    Leesburg, FL 34748
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    713 Newell Hill Rd Leesburg, FL 34748
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