OFF MARKET
Google street view image for 40339 Emeralda Island Rd, Leesburg, FL 34788
OFF MARKET
$489,608
3
bd
•
2 ba
•
3,796
sq ft

40339 Emeralda Island Rd, Leesburg, FL 34788

map-entry

About this home

40339 Emeralda Island Rd is a 3,796 square foot house on a 5.51 acre lot with 3 bedrooms and 2 bathrooms. Based on Redfin's Leesburg data, we estimate the home's value is $489,608.
Single-familyProperty Type
1987Year Built
5.51 acresLot Size
$129Est. Price/Sq.Ft.
Source:Public Records

Redfin Estimate

$489,608
$53K since August

This home's estimate is 35.1% higher than the average sale price ($362K) of 6 comparable homes.

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell
$459,420
Est. take-home

List your home with Redfin and save $4,896

Rent
$3,178/mo
Redfin rental estimate

List your home for rent

Market trends in 34788, FL

Last updated August 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price
97.5%

0.6% MoM

Median sale price
$322K

$13K MoM

Avg. days on market
92d

21 days MoM

Recently sold homes
70

7 MoM

New listings for sale

Provided by Redfin

Sale history for 40339 Emeralda Island Rd

As the MLS and public records start to fill up, we'll list the details here.

Tax history for 40339 Emeralda Island Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

A

EMERALDA MARSH RPA

Agriculture District

The purpose and intent of the district is to provide an area where low-Density rural Development can occur while preserving Environmentally Sensitive areas. The continued use of the Land for traditional agricultural purposes is maintained where consistent with Best Management Practices and policies of the Lake County Comprehensive Plan. This overlay district will protect Environmentally Sensitive areas while encouraging rural uses which prevent further Encroachment by urban uses.
Zone overlays
Permitted uses

Include but are not limited to:

  • Agriculture
  • Equestrian facility
  • Greenhouse / nursery
  • Housing-Single unit
  • Infrastructure
  • Bed & breakfast
  • Fire house
  • Police station
  • Veterinary clinic
  • Park & open space

Property details

Around this home

Schools

Treadway Elementary School

Public PreK-5 • Assigned • 6.9mi

7/10
Tavares Middle School

Public 6-8 • Assigned • 12.6mi

5/10
Tavares High School

Public 9-12 • Assigned • 10.7mi

4/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

5/10 Fire Factor

7% chance of being in a wildfire in next 30 years

8/10 Heat Factor

7 days above 108° expected this year, 21 days in 30 years

9/10 Wind Factor

99% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Leesburg, FL • 34788
Average low and high temperatures (°F)
67
46
75
52
80
58
85
64
90
71
92
74
93
76
92
76
90
74
83
66
78
58
73
52
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

In this area, properties receive around 8.8 hours in June and 6.5 hours in December, placing it above the U.S. average for solar exposure.

8.8 hrs
6.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$466,000 – $564,000

Reach more buyers when you sell with Redfin. Save up to $4,896 in fees. 3 minutes to get started.

Need the cash from your home fast? Sell to .

Nearby similar homes

NEW CONSTRUCTION3D WALKTHROUGH
$339,900
3 beds2 baths1,659 sq ft
419 Skyfield Ct, Lady Lake, FL 32159
$158,500
2 beds1 bath768 sq ft
606 Tarrson Blvd, Lady Lake, FL 32159
$689,000
3 beds3 baths2,512 sq ft
39513 Hillrise Ln, Lady Lake, FL 32159
$469,900
3 beds2 baths1,628 sq ft
7938 Jacksons River Rd, Leesburg, FL 34788
VIDEO TOUR
$338,750
3 beds2 baths1,511 sq ft
1016 Matthew Ave, Lady Lake, FL 32159
$422,000
3 beds2 baths1,826 sq ft
40044 Agusta Dr, Lady Lake, FL 32159

New listings for sale in 34788

NEW 3 HRS AGO
$192,900
2 beds2 baths1,089 sq ft
1113 Ben Hope Dr, Leesburg, FL 34788
NEW 4 HRS AGO
$409,000
3 beds2 baths1,568 sq ft
36628 Orange St, Leesburg, FL 34788
NEW 32 HRS AGO
$205,000
3 beds2 baths1,314 sq ft
2008 Tweed Ct, Leesburg, FL 34788
$225,000
2 beds2 baths1,152 sq ft
62 Aberdeen Cir, Leesburg, FL 34788
3D WALKTHROUGH
$165,000
2 beds2 baths960 sq ft
21 Aberdeen Cir, Leesburg, FL 34788
$225,000
2 beds2 baths1,479 sq ft
2311 Bonnie View Ct, Leesburg, FL 34788
$465,000
4 beds2.5 baths2,554 sq ft
33608 Overton Dr, Leesburg, FL 34788
$489,000
3 beds2.5 baths2,414 sq ft
8732 Spring Ct, Leesburg, FL 34788
FOR SALE BY OWNER
$28,900
2 beds1 bath819 sq ft
3319 E Dean St, Leesburg, FL 34788

Home values near 40339 Emeralda Island Rd

Data from public records.

More real estate resources

34748 homes for sale
32163 homes for sale
34736 homes for sale
34762 homes for sale
32778 homes for sale
Download the Redfin App on the Apple App Store
Download the Redfin App from the Google Play Store

Join us

Become an Agent
Get referrals
Careers

Find homes faster

Download the Redfin App on the Apple App Store
Download the Redfin App from the Google Play Store

About us

Why Redfin?
Community Impact
Inclusion
Culture
Press
Investors
Blog
Real Estate News

Find us

Contact Us
Help Center
Advertise

Subsidiaries

Rent.
ApartmentGuide

Affiliated Business

Rocket Close
Rocket Mortgage

Countries

US flagUnited States

Canadian flagCanada

Copyright: © 2026 Redfin. All rights reserved.

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.