Property summary
This exceptional 2,478± acre ranch in Groveland, Florida, presents a unique investment opportunity. Situated in Lake County, near the Sumter County line, this expansive property boasts road frontage on CR 33, Lazy Lane, and Honeycut Road, providing convenient access. The land features rolling pastures, scattered oak hammocks, and seven deep-water lakes, creating a picturesque landscape. A well-maintained internal road system allows for easy navigation across the entire ranch. Existing improvements include multiple agricultural barns and structures, along with a substantial 2,745± square foot home offering four bedrooms and three bathrooms. Historically used for hay, cattle, and citrus production, this property offers continued agricultural potential for the next 5-10 years, while also presenting significant long-term land banking possibilities. Its proximity to major roadways—3.1 miles to Highway 50, 5.9 miles to Highway 27, and 7.2 miles to the Florida Turnpike—enhances its accessibility and future development potential. The property's location is further enhanced by its adjacency to The Villages' land holdings to the north and west, and numerous single-family development projects along CR 33 to the east. A large portion of the property has been annexed into the City of Mascotte. This is a rare opportunity to acquire a sizable, contiguous tract of land in a rapidly growing area. The price is available upon request.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property description
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