0 ROLLING ACRES ROAD Lady Lake, FL 32159

This 18.48-acre parcel presents an exceptional development opportunity, situated less than 10 minutes from The Villages. The property has PUD R-4 Residential Mixed Use zoning and features 639 feet of road frontage along Rolling Acres Road, providing access and visibility. Public water and sewer are already on-site. The land is mostly cleared, and the approved plat is transferable. The property is suitable for a multifamily residential project, mixed-use retail/residential development, a townhome community, or an assisted living campus. The property comes with an approved preliminary development plan for the Rolling Acres Mixed Use Complex, featuring three development phases with 10 individual building pads. It offers up to approximately 554,550 square feet of residential potential and approximately 184,850 square feet of office/commercial space. The plan allows up to 12 dwelling units per acre with a maximum building height of 45 feet, a net living area of approximately 1,665 square feet per unit, and 20% dedicated open space totaling approximately 3.70 acres. The property is located across the street from the Hammock Oaks development, which is slated to include 724 single-family units, 300 senior living housing units, 250 multi-family units, 160,000 square feet of medical space, and 120,000 square feet of retail space. A Walmart Neighborhood Market is also under development in the area.