$394,900

1151 EMMA LANE, Leesburg, FL 34748

  • 4 beds |
  • 2 baths |
  • 2,280 sqft
  • Property Icon Manufactured Home
  • Property Year Built Icon Built in 2003
  • Property Lot Size Icon7.5acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $173/sqft
  • Property List Date Icon Listed 1 year ago

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.

Listing Status:
Active
Date Added:
December 3, 2024
Data Last Updated:
February 18, 2026 at 6:21AM
Listing Office:
ERA GRIZZARD REAL ESTATE : 352-787-6966
Listing Agent:
Ashley Robey, LLC : 352-504-1030
MLS ID:
G5086659
  • General: Ceiling Fans(s)Dry BarOpen FloorplanPrimary Bedroom Main FloorSplit BedroomThermostatWet Bar
  • Rooms: Bonus RoomInterior In-Law Suite w/Private Entry
  • Appliances: Built-In OvenDishwasherElectric Water HeaterExhaust FanRangeRefrigerator
  • Laundry: InsideLaundry Room
  • Flooring: CarpetLaminateVinyl
  • A/C: Central Air
  • Heating: ElectricHeat Pump
  • Fireplace: Wood BurningFireplace
  • General: Other
  • Other Structures: Additional Single Family HomeGuest HouseDeck
  • Roofing: Shingle
  • General: Vinyl SidingOneOther
  • Road/Access: GravelOther
  • Originating MLS: Stellar MLS
  • County: Lake
  • Zoning: ASee exhibit A29-19-24-0002-000-02003
  • View: Trees/Woods
  • Fencing: Chain Link
  • Utilities: Electricity Connected
  • Water: See RemarksWell
  • Sewer: Septic Tank
  • Source: Stellar MLS
  • Ownership: Fee Simple

This listing courtesy of Ashley Robey, LLC , ERA GRIZZARD REAL ESTATE

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Rimes Early Learning & Literacy Center

3101 Schoolview St, Leesburg, FL, 34748

Grades PK-2

1.46 miles away

O

Oak Park Middle School

2101 South St, Leesburg, FL, 34748

Grades 6-8

2.28 miles away

L

Leesburg High School

1401 Yellow Jacket Way, Leesburg, FL, 34748

Grades 9-12

2.73 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.