8725 Treasure Island Road, Leesburg, FL 34788

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

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List Price
$299,900
Status
ACTIVE
Days on Market
204
Price Change
▼ $30,000 1782592160
MLS#
G5106215
Subtype
Residential
Style
One Story
Architectural Style
Other
Year Built
1982
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,390
Lot Size
212,137
Acres
4.87
Subdivision
Silver Lake Estates
MLS Area Major
Leesburg / Haines Creek

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

Interior Features
Open Floorplan, Primary Bedroom Main Floor
Exterior Features
Other
Financing
Cash, Conventional, FHA, Owner Financing
Location
In County, Level, Oversized Lot
Community Features
No Deed Restriction
Property Description
One Story
Zoning
A
Appliances
None
Heating
None
Air Conditioning
None
Exterior Construction
Block
Exterior Features
Other
Stories
1
Levels
One
Roof
Other
Foundation
Slab
Garage
1 Car Garage
Garage Spaces
1
View
Trees/Woods

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

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