1151 Emma Lane, Leesburg, FL 34748

Local realty services provided by:ERA Grizzard Real Estate
1151 Emma Lane,Leesburg, FL 34748
$394,900
Virtual Tour
  • 4 Beds
  • 2 Baths
  • 2,280 sq. ft.
  • Mobile / Manufactured
  • Active
Listed by:
MLS#:G5086659
Source:MFRMLS

Price summary

  • Price:$394,900
  • Price per sq. ft.:$77.84

About this home

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

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Home facts

  • Year built:2003
  • Listing ID #:G5086659
  • Added:436 day(s) ago
  • Updated:February 13, 2026 at 12:53 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:2,280 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric, Heat Pump

Structure and exterior

  • Roof:Shingle
  • Year built:2003
  • Building area:2,280 sq. ft.
  • Lot area:7.5 Acres

Utilities

  • Water:Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$394,900
  • Price per sq. ft.:$77.84
  • Tax amount:$2,986 (2023)
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