Views - Primary on Main - Seller Financing
Address
8725 Treasure Island Road, LEESBURG, FL
Price
$ 299,900
Property Attributes
  • MLS#G5106215
  • TypeSingle Family
  • Listing Status Active
  • CountyLake
  • CityLEESBURG
  • AreaLeesburg / Haines Creek
  • NeighborhoodSILVER LAKE ESTATES
  • Zip34788
  • StyleOther
  • Year Built1982
  • Taxes$ 2142
  • Price$ 299,900
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1390
  • Lot Size4.87 Acres
Data Source:
Stellar MLS
Property Description

Short term Owner Financing make this a RARE opportunity to acquire a wooded 4.87-acre Agricultural-zoned property in a highly convenient Leesburg location. Think Horses, Cows or Chickens. Tucked away for privacy, yet less than 1 mile from County Road 44, this parcel offers the ideal balance of rural living with quick access to town amenities. The property is 3.2 miles to Lake Sumter State College and just 6 miles to the public boat ramp on the world-class Harris Chain of Lakes, renowned for excellent bass fishing. It's only 9 miles to the two best hospitals in the area; UF Health in Leesburg and Advent Health Waterman in Tavares. The existing 1,390 sq ft concrete block residence was impacted by a lightning strike in June 2025, resulting in a fire that destroyed the interior. Only the concrete block shell remains—the roof, all interior walls, kitchen cabinetry, and plumbing fixtures have been removed. This presents a clean slate for your custom floor plan. There is plenty of room to add floorspace in all directions. A great opportunity to create your own country estate. Owner occupants, investors or builders, here's your head start to create something outstanding. Instant savings include greatly reduced impact fees because of the pre-existing 3 Bedroom, 2 Bath Home, a private well and a septic system. The future owner could potentially live on site in an RV or a camper while reconstructing the main house. Additional features include a 720 sq ft detached barn and mostly fenced acreage, suitable for agricultural use, animals, or future improvements. With mature trees, usable land, and strong location fundamentals, this property offers exceptional potential for redevelopment or a custom rural homestead close to lakes, education, and major roadways.

Price History
1/6/2026 Listed $399,900
3/6/2026 6$374,900
4/25/2026 12$329,900
6/27/2026 9$299,900

General Features

Sewer Septic Tank
Heating None
Cooling None
Utilities BB/HS Internet Available,Cable Available,Electricity Available
Possession Close Of Escrow
Roof Other
Appliances None
Zoning A
Garage Spaces 1
Patio/Porch Features Patio
Architectural Style Other
Construction Materials Block
Pets Allowed Cats OK,Dogs OK
Year Built 1982
View Trees/Woods
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Lake
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name SILVER LAKE ESTATES
Facing Direction Southwest
Garage Y/N true
Other Structures Barn(s)
Total Rooms 5
Full Baths 2
Status Active
Directions From County Road 44 Between Eustis and Leesburg, go NORTH on Treasure Island Rd
City LEESBURG
Senior Community Y/N false
MLS Area 34788 - Leesburg / Haines Creek
Lot Size Units Acres
Lot Size Square Feet 212137
Carport Y/N false
Listing Terms Cash,Conventional,FHA,Owner May Carry
Land Lease Y/N false
Tax Annual Amount 2142.17
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://youtu.be/QCGSX9-1J8A
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 1
Legal Description BEG NW COR OF S 1/4 OF N 1/2 OF GOV LOT 1 RUN N 89-57-45 E 405.12 FT S 43-42-21 W TO E LINE OF LOT 6 BLK 4 SILVER LAKE ESTATES N TO NE COR OF SAID LOT W 274 FT N 01-10-15 W TO A PT THAT IS S 89-57-45 W OF POB N 89-57-45 E TO POB AND SILVER LAKE ESTATES PB 10 PG 66-69 BEG AT NW COR OF LOT 6 BLK 4 & RUN S 01-10-15 E TO NE'LY R/W OF TREASURE ISLAND RD RUN SE'LY ALONG SAID RD 206.12 FT N 43-42-21 E TO E LINE OF SAID LOT 6 N ALONG SAID E LINE TO NE COR OF LOT 6 W 274 FT TO POB BEING IN SECTION 9 TOWNSHIP 19 SOUTH RANGE 25 EAST ORB 4711 PG 1416 ORB 6263 PG 1068
Minimum Lease 1 Month
Water Access Y/N false
Water View Y/N false
Flood Zone Code X*
In Law Suite YN false
Flood Zone Code X Yes
DockY/N false

Interior Features

Interior Amenities Open Floorplan,Primary Bedroom Main Floor
Flooring Concrete
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N false
Heating Y/N false
Fireplace Y/N false
Laundry Features None
Total Bedrooms 3
LivingAreaSource Public Records
Total Baths 2

Exterior Features

Exterior Amenities Other
Vegetation Wooded
Lot Features In County,Level,Oversized Lot
Water Source Well
Lot Size Area 4.87
Foundation Details Slab
Building Area Total 2140
Lot Dimensions 219 x 409 x 675 x 706
Lot Size Acres 4.87
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
Covered Spaces 1
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 34788

Price
AVG $360K
$300K
Taxes
AVG $3,010
$2,142
Year Built
AVG 2002
1982

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Listed By
COLDWELL BANKER HUBBARD HANSEN with 352-394-4031. - 352-394-4031

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