1151 Emma Lane, Leesburg, FL 34748
Local realty services provided by:ERA Grizzard Real Estate
Listed by:
- Ashley Robey(352) 607 - 5777ERA Grizzard Real Estate
- Michael Deegan(603) 923 - 1592ERA Grizzard Real Estate
MLS#:G5086659
Source:MFRMLS
Price summary
- Price:$374,900
- Price per sq. ft.:$73.9
About this home
Under contract-accepting backup offers. 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....
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Home facts
- Year built:2003
- Listing ID #:G5086659
- Added:482 day(s) ago
- Updated:March 31, 2026 at 07:58 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Carpet, Laminate, Vinyl
- Kitchen Description:Built-In Oven, Dishwasher, Dry Bar, Exhaust Fan, Range, Refrigerator, Wet Bar
- Bedroom Description:Primary Bedroom Main Floor, Split Bedroom
- Living area:2,280 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric, Heat Pump
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:2003
- Building area:2,280 sq. ft.
- Lot area:7.5 Acres
- Lot Features:Private
- Construction Materials:Vinyl Siding
- Exterior Features:Deck
- Levels:1 Story
Utilities
- Water:Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$374,900
- Price per sq. ft.:$73.9
- Tax amount:$2,986 (2023)
Features and amenities
- Appliances:Built-in Oven, Dishwasher, Electric Water Heater, Exhaust Fan, Range, Refrigerator
- Laundry features:Inside, Laundry Room
- Amenities:Ceiling Fans(s), Dry Bar, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Thermostat, Wet Bar
- Pool features:Public Pool
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