37800 ILLINOIS ST

Lady Lake,FL 32159

$ 9400000

- Bed

0 Bath

6359760 SqFt


Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 6,359,760 sqft

Price per Sqft $1

Subdivision Metes & Bounds

MLS Listing ID 2034960

HOA Y/N No

Originating Board realMLS (Northeast Florida Multiple Listing Service)

Annual Tax Amount $25,794

Lot Size 146.000 Acres

Acres 146.0

Property Description

This sprawling 146-acre gem, boasts an impressive 3,000 feet of pristine Lake Griffin water frontage. Currently a serene horse ranch where tranquility meets nature, this property also features a convenient boat ramp for easy lake access. This property affords many development opportunities including a world-class luxury hotel resort with marina (something greatly needed in The Villages Area). A first class Motorcoach & RV resort on beautiful Lake Griffin is something that should be considered, too. Even a mixed-use development with single & multi-family home possibilities, dry boat storage, a marina, condominiums, or vacation time shares are all possibilities. Enhance these developments with potential amenities like fishing piers, a full-service marina with both wet and dry storage, and a private pond perfect for leisurely fishing or simply relaxing by the water. Check out all the concept sketches in the documents. Opportunities like this are rare near The Villages! Don't miss out! This sprawling 146-acre gem, boasts an impressive 3,000 feet of pristine Lake Griffin water frontage. Currently a serene horse ranch where tranquility meets nature, this property also features a convenient boat ramp for easy lake access. This property affords many development opportunities including a world-class luxury hotel resort with marina (something greatly needed in The Villages Area). A first class Motorcoach & RV resort on beautiful Lake Griffin is something that should be considered, too. Even a mixed-use development with single & multi-family home possibilities, dry boat storage, a marina, condominiums, or vacation time shares are all possibilities. Enhance these developments with potential amenities like fishing piers, a full-service marina with both wet and dry storage, and a private pond perfect for leisurely fishing or simply relaxing by the water. Check out all the concept sketches in the documents. Opportunities like this are rare near The Villages! Don't miss out!

PLEASE see OM/FLYER & Due Diligence Documents for concepts, details & information. Utilities are assumed to be within 3 miles of site and the cost PROFORMA reflect that. Seller has no designs (except the DD concept plans) and has no studies or documents such as environmental, geotechnical, topo, endangered species, wetland, marina, lake access or other such. Buyer should perform own due diligence including but not limited to end use studies, engineering & design, feasibility, and cost estimates. Depending on use, it will obviously take a change in the Comprehensive Plan, Future Land Use and probably will required a PUD with a possible partnership in a utility district with the County to develop this property into a substantial destination lake resort RV resort, mixed used, or multi or single family residential project.

Nice 3 BR home, barns & other facilities may or may not be incorporated in a new development.

Location

State FL

County Lake

Community Metes & Bounds

Area 921-Lake County-North Of Us-441

Direction From The Villages head east on East Co Rd 466 toward Laurel Manor Dr. Continue to follow East Co Rd 466 E 5.2 mi then turn right onto US-441 S/US Hwy 27 S. Go 0.7 mi and turn left onto Griffin View Dr. Go 3.1 mi and turn right onto Bertsville Rd. Go another 0.5 mi and turn right onto Illinois St. Go through Entry.

Exterior

Pool None

Utilities Available Cable Available,Electricity Connected

View Lake,Trees/Woods,Water

Private Pool No

Building

Lot Description Agricultural,Cleared,Wetlands,Wooded

Sewer Aerobic Septic

Water Private,Well

Schools

Elementary Schools Other

Middle Schools Other

High Schools Other

Others

Senior Community No

Tax ID 25-18-24-0001-000-00100

Security Features Security Lights

Acceptable Financing Cash,Conventional,USDA Loan

Listing Terms Cash,Conventional,USDA Loan

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