REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by RE/MAX PREMIER REALTY LADY LK
$ 2,499,000
Est. payment /mo
New
PUNKIN CENTER RD Leesburg, FL 34748
20 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Acreage & Unrec
MLS Listing ID G5102164
HOA Y/N No
Annual Tax Amount $10,396
Lot Size 20.000 Acres
Acres 20.0
Lot Dimensions 934x934
Property Sub-Type Residential
Source Stellar MLS
Property Description
Punkin Center Road – 20 Acres with Development Potential in Leesburg (Annexation Pending) Now available: 20 acres on Punkin Center Road, currently located in Howey-in-the-Hills and scheduled for annexation into the City of Leesburg within 60–90 days. This site offers a rare opportunity for residential development in one of Lake County's fastest-growing areas. Once annexed, the property will gain access to city water, and it already features on-site power, a gated entry, and a commercial-grade well tapping into the Upper Florida Aquifer. The land is in the process of being subdivided into two 20-acre tracts, and this listing represents one of the available parcels. Zoned to support residential subdivision, the property could allow for a future density of up to four homes per acre post-annexation—making it ideal for builders and developers looking to meet the area's rising demand for new housing. Owner financing is available, providing flexibility for qualified buyers seeking to take advantage of this opportunity without the need for traditional lending. Located near Turkey Lake Road, this site offers a peaceful setting with convenient access to surrounding communities. It's also situated near the planned Whispering Hills Golf Course and offers expansive views, enhancing its appeal for future homeowners. A separate 5-acre parcel is available for purchase as well, offering added options for phased development or expanded project scope. With annexation in progress, public utilities at the perimeter, favorable zoning potential, and increasing demand in the Leesburg and Lake County market, this property is well-positioned for a successful residential development. The location, infrastructure, and growth potential make it a strategic investment for developers and land buyers alike. Don't miss your chance to secure a prime piece of land in a rapidly developing area—with flexible purchase terms and strong upside potential. Contact us today for more information, owner financing details, or to schedule a private site visit.
Location
State FL
County Lake
Community Acreage & Unrec
Area 34748 - Leesburg
Zoning A
Exterior
Utilities Available Electrical Nearby, Water Available
View Y/N Yes
Building
Lot Size Range 20 to less than 50
Sewer None
Water Well
Others
Ownership Other
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/G5102164
© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
