Are you looking for elbow room, privacy, no HOA and the perfect home for the fisherman in the family? This home sits on over an acre and features mature trees for privacy. There is a boat dock across the street for use of the neighborhood residents that leads to The Chain of Lakes. The home is high and dry and not in a flood zone. Inside features include a remodeled kitchen that includes all new appliances, 2 new electrical panels with new GFI breakers in kitchen and bathroom, new windows that open inward for easy cleaning and carpets were updated in 2021. The entire house was painted, inside and out, in 2022. A/C and septic recently serviced and the washer and dryer stay with the home. The bonus room could easily be closed in for a 3rd bedroom. Outside features include a sprinkler system, new drain fields and new gutters. There is parking for an RV or boat, with a pit for maintenance with electricity and water hook up. Homes in this neighborhood are highly sought after, and are pre permitted for an in-law suite. You will be close to The Villages that offers Medical offices, unique restaurants and shopping. Don't let this one get away.
Single-familyProperty Type
1975Year Built
1.23 acresLot Size
$221Est. Price/Sq.Ft.
2 garage spacesParking
Listed by Leisa Reed• ERA GRIZZARD REAL ESTATE
Contact: 386-738-5500
Bought with Jose Alonzo, Jr• FLORIDAS A TEAM REALTY
This SOLID home has a Beautiful 1.23 Acres setting with RV carport and Storage Shed! It offers 2 bedrooms and 2 full baths with great possibilities! This home does need some TLC but features a spacious floor plan, an enclosed Florida room plus a covered, screened Lanai. It has a full two car garage with a large laundry room and workshop area. The setting is gorgeous and the neighborhood is close to shopping, restaurants and churches. It offers easy access to The Villages also.
Public Records
Feb 9, 1999
Sold
$110,000
$68/sq ft
Public Records
Jan 1, 1986
Sold
$71,000
$44/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,423 (−47.5%)
2024
$2,709 (+11.5%)
2023
$2,430 (+5.4%)
2022
$2,305 (+3.6%)
2021
$2,224 (+60.1%)
$32,000 + $139,480
$171,480
2020
$1,389 (+1.5%)
2019
$1,368 (+5.4%)
2018
$1,298 (+4.9%)
2017
$1,237 (+0.7%)
2016
$1,229 (−1.8%)
2015
$1,252
2014
$1,253 (+4.0%)
2013
$1,205 (+44.0%)
2012
$837
Tax history for 5420 Magnolia Ridge Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,423 (−47.5%)
2024
$2,709 (+11.5%)
2023
$2,430 (+5.4%)
2022
$2,305 (+3.6%)
2021
$2,224 (+60.1%)
$32,000 + $139,480
$171,480
2020
$1,389 (+1.5%)
2019
$1,368 (+5.4%)
2018
$1,298 (+4.9%)
2017
$1,237 (+0.7%)
2016
$1,229 (−1.8%)
2015
$1,252
2014
$1,253 (+4.0%)
2013
$1,205 (+44.0%)
2012
$837
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
2
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
1.27 Acres
Year renovated
1990
Sq. Ft.
1,615
Year built
1975
Style
Single Family Residential
County
Lake County
APN
01-19-24-0400-000-04100
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 15, 2026.
R-1
Rural Residential District
The purpose of this district is to provide a transition between agricultural and Conservation Areas and the more urban residential communities. It is intended to Permit the Development of single-family homes in an environment that is compatible with the surrounding natural resources.