8725 Treasure Island Road, Leesburg, FL 34788

$299,900
3
BD
2
BA
1,390
SqFt

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List Price
$299,900
Price Change
▼ $30,000 1782592160
Days on Market
208
MLS#
G5106215
Bedrooms
3
Full Bathrooms
2
Sq. Ft
1,390
Lot Size
212,137
Subtype
Single Family
County
Lake
Community
No Deed Restriction
Subdivision
Silver Lake Estates
Year Built
1982

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.

Additional Information

City
Leesburg
Region
Leesburg / Haines Creek
Zip
34788
Mo Subdivision
Other
Neighborhood
Other
Subdivision
Silver Lake Estates
Area
1390
Community Extras
No Deed Restriction
Garage Spaces
1
Property Description
One Story
Exterior Construction
Block
Located Near
In County, Level, Oversized Lot
Architectural Style
Other
Pool Type
No Pool
Pets Allowed
Yes
Property Style
Single Family
Total Acreage
2 to less than 5
Special Sale Provision
None
Garage Description
1 Car Garage
Minimum Lease
1 Month
Interior Features
Open Floorplan, Primary Bedroom Main Floor
Interior Layout
Open Floorplan, Primary Bedroom Main Floor
Flood Zone
X*
Financing Available
Cash, Conventional, FHA, Owner Financing
Heated Square Feet
1390
Acres
4.87
Stories
1
Exterior Features
Other
Floor Covering
Concrete
Other Structures
Barn(s)
Pp Sqft
215.76
Levels
One
Architectural Style
Other
Occupant Type
Vacant
Subtype
Single Family
Roof
Other
Property Subtype
Residential
DPRYN
Yes
View
Trees/Woods
Sewer
Septic Tank
Water Source
Well
Furnished
Unfurnished

Listing courtesy of COLDWELL BANKER HUBBARD HANSEN. 352-394-4031

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