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1151 EMMA LN,  LEESBURG, FL 34748

MLS# G5086659.  4 beds.  2.0 baths.  Manufactured Home.  Active

$2,986 in taxes (2023)

$374,900

 

Remarks:

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.

Quick Info:

  • Listing is courtesy Of: ERA GRIZZARD REAL ESTATE ((352-787-6966))
  • Listing Agent: Ashley Robey, Llc ((352-504-1030))
  • Days on yellowkey: 486
  • Property Type: Manufactured Home
  • Beds: 4
  • Baths: 2.0
  • Living Area Square Feet: 2280
  • Built 2003
  • Taxes: $2,986 (2023)
  • 1 Days off yellowkey (back on 3/30/2026 )
  • Garage Spaces: ()
  • Square Feet: 5073
  • Fees: $0
  • Lake County
  • Terms: Cash, Conventional, USDA Loan
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  • Occupancy Information: Owner
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History:

DateListing TypeDays on yellowkeyMLS#EventPrice% Chg$/sqftSource
3/30/2026Sale481G5086659Back on yellowkey$374,900-73.9010MLS
12/3/2024Sale0G5086659listed for sale$549,900-73.9010MLS




Data is updated at least once a week by Sunday nights. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. Data can be retrieved from any one of the following MLS’s: Greater Fort Lauderdale REALTORS®, Space Coast Association of REALTORS®, My Florida Regional MLS, Florida Gulf Coast MLS, "©2024 Northeast Florida Multiple Listing Service, Inc. All rights reserved." The properties displayed may not be all of the properties in the MLS’s database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker’s logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors® and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

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