37800 Illinois Street Lady Lake, FL 32159
Listing Courtesy of: NORTHEAST FLORIDA / Coldwell Banker Vanguard Realty / Coldwell Banker Vanguard Realty / Brady Hammond

  37800 Illinois Street Lady Lake, FL 32159

Pending (108 Days)
$9,400,000

Description

This sprawling 146-acre gem, boasts an impressive 3,000 feet of pristine Lake Griffin water frontage. Currently a serene horse ranch where tranquility meets nature, this property also features a convenient boat ramp for easy lake access. This property affords many development opportunities including a world-class luxury hotel resort with marina (something greatly needed in The Villages Area). A first class Motorcoach & RV resort on beautiful Lake Griffin is something that should be considered, too. Even a mixed-use development with single & multi-family home possibilities, dry boat storage, a marina, condominiums, or vacation time shares are all possibilities. Enhance these developments with potential amenities like fishing piers, a full-service marina with both wet and dry storage, and a private pond perfect for leisurely fishing or simply relaxing by the water. Check out all the concept sketches in the documents. Opportunities like this are rare near The Villages! Don't miss out! This sprawling 146-acre gem, boasts an impressive 3,000 feet of pristine Lake Griffin water frontage. Currently a serene horse ranch where tranquility meets nature, this property also features a convenient boat ramp for easy lake access. This property affords many development opportunities including a world-class luxury hotel resort with marina (something greatly needed in The Villages Area). A first class Motorcoach & RV resort on beautiful Lake Griffin is something that should be considered, too. Even a mixed-use development with single & multi-family home possibilities, dry boat storage, a marina, condominiums, or vacation time shares are all possibilities. Enhance these developments with potential amenities like fishing piers, a full-service marina with both wet and dry storage, and a private pond perfect for leisurely fishing or simply relaxing by the water. Check out all the concept sketches in the documents. Opportunities like this are rare near The Villages! Don't miss out!

PLEASE see OM/FLYER & Due Diligence Documents for concepts, details & information. Utilities are assumed to be within 3 miles of site and the cost PROFORMA reflect that. Seller has no designs (except the DD concept plans) and has no studies or documents such as environmental, geotechnical, topo, endangered species, wetland, marina, lake access or other such. Buyer should perform own due diligence including but not limited to end use studies, engineering & design, feasibility, and cost estimates. Depending on use, it will obviously take a change in the Comprehensive Plan, Future Land Use and probably will required a PUD with a possible partnership in a utility district with the County to develop this property into a substantial destination lake resort RV resort, mixed used, or multi or single family residential project.

Nice 3 BR home, barns & other facilities may or may not be incorporated in a new development.

MLS #:
2034960
Lot Size
146 acres
Type
Land
Views
Water, Trees/Woods, Lake
County
Lake County

Listed By

Thomas Hammond Jr, Watson Realty Corp
Brady Hammond, Coldwell Banker Vanguard Realty
Source
NORTHEAST FLORIDA
Last checked Oct 18 2024 at 6:24 AM GMT+0000
Bathroom Details
Subdivision
  • Metes & Bounds
Lot Information
  • Wooded
  • Wetlands
  • Cleared
  • Agricultural
Pool Information
  • None
Utility Information
  • Utilities: Electricity Connected, Cable Available
School Information
  • Elementary School: Other
  • Middle School: Other
  • High School: Other
Location
   
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Disclaimer: Copyright 2024 Northeast FL MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 10/17/24 23:24