1840 NW 51ST TERRACE, Gainesville, FL 32605

Property Description

RARE 4.24-ACRE LAKEFRONT ESTATE LOT IN SUBURBAN HEIGHTS. Discover an opportunity to build a custom estate in Gainesville’s highly sought-after Suburban Heights neighborhood. This gated, exceptionally private property offers a rare combination of a large cleared homesite, lake frontage, mature forest, and convenient access to the city’s premier destinations—all without an HOA. Tucked away at the end of a quiet cul-de-sac, the property is accessed through a wooded easement and opens to a large, square-shaped, high-and-dry building area. The property is secluded with an 8’ privacy fence along the eastern lot line, lake to the south, and otherwise surrounded by nature. Envision building your dream home overlooking a private garden, creating walking trails through your very own forest, and enjoying a dock along the lake for beautiful sunsets and tranquil canoeing. It’s the ultimate Gainesville location: 3 miles to the University of Florida, less than 2 miles to I-75, 1.5 miles to Oaks Mall, HCA North Florida Hospital & Shoppes at Thornebrook, and approximately 1 mile to Gainesville Health & Fitness and Publix. Due diligence has already been completed on this open-builder property. GRU utilities are available, including city water, city sewer, city gas, and underground electric. Two water meters are in place at the end of the cul-de-sac, offering the potential for separate service to a main residence and ADU. A tree survey is available upon request. The property is exempt from a sidewalk requirement, and driveway paving is not required. Gainesville residential zoning allows up to two ADUs. Due to the existing access easement, the property cannot be subdivided. An octaconal chert structure remains on the property, along with a mound of limerock that could be an asset for future landscaping. Wetlands are located to the north and south of the property, with construction subject to maintaining the applicable 50-foot buffer. The elevation survey shows the building area to be high and dry, and lake drains to the South for additional peace of mind. The building site is located in Flood Zone X, while the portion containing the lake is in Flood Zone A. A truly distinctive opportunity to create a secluded luxury estate in one of Gainesville’s most desirable and community-oriented neighborhoods – with acreage, lake frontage, natural beauty, and exceptional proximity to everything the city has to offer. Contact the Listing Agent for additional property details and due diligence information.

Listing Status:

Active

Date Added:

September 18, 2026

Data Last Updated:

November 14, 2026 at 4:20AM

Listing Office:

FLORIDA HOMES REALTY & MORTGAG : 352-240-1133

Listing Agent:

Elliot Larkin : 352-214-3997

Contact:

904-999-1288

MLS ID:

GC543599

Exterior

• Other Structures: Other

Location

• Road/Access: Easement
• Originating MLS: Stellar MLS
• County: Alachua

Lot

• Zoning: SFSee survey attached.06358 001 000
• View: Trees/WoodsWater
• Fencing: Boundary FencingWood
• Current Use: Residential

Utilities

• Utilities: BB/HS Internet CapableElectrical NearbyElectricity AvailableNatural Gas AvailableSewer AvailableWater Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple