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$9,400,000
173 Days On Site

37800 ILLINOIS Street
Lady Lake, FL 32159

For Sale|Unimproved Land|Active Under Contract
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt

Built
Subdivision:
Metes & Bounds
County:
Lake
Listing courtesy of HENRY HAMMOND, JR of COLDWELL BANKER VANGUARD REALTY

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904.501.9037
37800 ILLINOIS Street37800 ILLINOIS Street37800 ILLINOIS Street37800 ILLINOIS Street
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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.

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Listing Snapshot
Price 
$9,400,000
Days On Site 
173 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
146 Acres
Year Built 
N/A
MLS® Number 
2034960
Status 
Active Under Contract
Property Tax 
$25,794
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
2 months agoStatus changed to Active Under Contract
6 months agoListing first seen on site
General Features
Acres 
146
Additional Property Use 
AgriculturalHorsesRanch
Property Sub Type 
Unimproved Land
Security 
Security Lights
Sewer 
Septic TankAerobic Septic
Utilities 
Cable AvailableElectricity Connected
Water Source 
PrivateWell
Interior Features
Electric 
100 Amp Service200+ Amp Service
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Exterior Features
Lot Features 
AgriculturalClearedWetlandsWoodedWaterfront
Pool Features 
None
Road Frontage 
UnimprovedPrivate Road
View 
LakeTrees/WoodsWater
Waterview 
LakeTrees/WoodsWater
Community Features
Financing Terms Available 
CashConventionalUSDA Loan
MLS Area 
921-Lake County-North Of Us-441
Roads 
AsphaltDirt
Schools
School District
Unknown
Elementary School
Other
Middle School
Other
High School
Other
Listing courtesy of HENRY HAMMOND, JR of COLDWELL BANKER VANGUARD REALTY



Listing information is provided by Participants of the Northeast Florida Association of REALTORS (REAL MLS). IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Northeast Florida Association of REALTORS (REAL MLS).
Data last updated at: 2024-10-30 12:00 AM UTC

Neighborhood & Commute
Source: Walkscore
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