1151 Emma Lane, Leesburg, FL 34748

$350,000
4
BD
2
BA
2,280
SqFt

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Listing courtesy of ERA GRIZZARD REAL ESTATE. 352-787-6966

Selling Office: 1ST INVESTMENT REALTY GROUP LLC.

Sold Price
$350,000
List Price
$374,900
Status
SOLD
Days on Market
481
Closing Date
Apr 30, 2026
MLS#
G5086659
Subtype
Residential
Style
One Story
Year Built
2003
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
2,280
Lot Size
326,700
Acres
7.50
Subdivision
N/A
MLS Area Major
Leesburg

Property Description

PRICE IMPROVEMENT! HOME WARRANTY INCLUDED! Exceptional investment opportunity on 7.5 fully fenced and gated acres, zoned agricultural and offering multiple paths to value. This unique property features two separate homes on individual parcels, each with its own well, septic, and utilities—a rare setup ideal for rental income, redevelopment, or future subdivision. The main residence is a 4-bedroom, 2-bath home with a large bonus room featuring a wet bar, easily adaptable for additional living space, a home office, or rental potential. The second dwelling, while in need of updates, provides value-add upside and flexibility for long-term rental, short-term use, or multi-generational living. With ample acreage, the property supports a wide range of income-producing or development options, including agricultural use, equestrian facilities, hobby farming, or a subdivide opportunity. Located in a peaceful rural setting yet just minutes from Brownwood Town Square in The Villages, the property benefits from proximity to one of Florida’s most active and rapidly growing markets. Easy access to major highways provides convenient travel to both coasts’ beaches and Orlando’s theme parks, enhancing long-term desirability. Whether you’re seeking a cash-flow opportunity, land investment, or value-add project, this property delivers flexibility, location, and upside. Check out this rare offering and schedule your private showing today.

Additional Information

Interior Features
Ceiling Fans(s), Dry Bar, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Thermostat, Wet Bar
Exterior Features
Other
Financing
Cash, Conventional, USDA Loan
Location
Street Dead-End, Private
Community Features
No Deed Restriction
Property Description
One Story
Zoning
A
Appliances
Built-In Oven, Dishwasher, Electric Water Heater, Exhaust Fan, Range, Refrigerator
Heating
Electric, Heat Pump
Air Conditioning
Central Air
Exterior Construction
Vinyl Siding
Exterior Features
Other
Levels
One
Roof
Shingle
Foundation
Other
View
Trees/Woods

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