1151 Emma Lane, Leesburg, FL 34748

$350,000
4
BD
2
BA
2,280
SqFt

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Sold Price
$350,000
List Price
$374,900
Status
Sold
Days on Market
481
Closing Date
Apr 30, 2026
MLS#
G5086659
Property Style
Manufactured Home
Year Built
2003
Bedrooms
4
Bathrooms
2
Living Area
2,280
Lot Size
326,700
Acres
7.50
Total Acreage
5 to less than 10
Legal Subdivision Name
N/A
MLS Area Major
Leesburg

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.

Additional Information

Taxes
$2986
Minimum Lease
No Minimum
Location
Street Dead-End, Private
Community Features
No Deed Restriction
Property Description
One Story
Zoning
A
Interior Layout
Ceiling Fans(s), Dry Bar, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Thermostat, Wet Bar
Interior Features
Ceiling Fans(s), Dry Bar, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Thermostat, Wet Bar
Floor
Carpet, Laminate, Vinyl
Appliances
Built-In Oven, Dishwasher, Electric Water Heater, Exhaust Fan, Range, Refrigerator
Utilities
Electricity Connected
Heating
Electric, Heat Pump
Air Conditioning
Central Air
Fireplace
Yes
Fireplace Description
Wood Burning
Exterior Construction
Vinyl Siding
Exterior Features
Other
Roof
Shingle
Foundation
Other
Pool
No Pool
Fences
Chain Link
Pets
Allowed
Flood Zone Code
AE
Parcel ID
29-19-24-0002-000-02003
Legal Description
See exhibit A

Listing courtesy of ERA GRIZZARD REAL ESTATE. 352-787-6966

Selling Office: 1ST INVESTMENT REALTY GROUP LLC.

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