40809 Emeralda Island Rd, Leesburg, FL 34788

Off Market Oct 2020 for $550K

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Est. refi paymentEst. refi $3,762/mo

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sq ft

40809 Emeralda Island Rd, Leesburg, FL 34788

About this home

HUGE PRICE REDUCTION!! This natural and beautiful 70 acre parcel has over 42 acres high and dry and the entire property is perfect for individual home sites, a PUD, or even sectioned ranch land parcels if so desired. This mixed-use, large parcel of land is pristine in it's current form and is just waiting for the right person to develop this property into a waterfront Planned Urban Development. In current close proximity are several larger residential home sites due to the seclusion of the property and close enough to be shopping in 15 minutes! Come on over and walk the property for a little while to see the abundant wildlife and escape from the hectic nature of city living. Make sure to check out the DRONE VIDEO included in the listing in the virtual tour!!

RanchProperty Type

70 acresLot Size

Listed by Al Bruns • CARLINO REAL ESTATE GROUP INC

Bought with Nicholas Josey • HOMERUN REALTY

Redfin checked: 2 minutes ago

•Source:Stellar MLS as Distributed by MLS Grid #G4848373

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

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

7 MoM

New listings for sale

NEW 8 HRS AGO
$192,900
2 beds2 baths1,089 sq ft
1113 Ben Hope Dr, Leesburg, FL 34788
NEW 8 HRS AGO
$409,000
3 beds2 baths1,568 sq ft
36628 Orange St, Leesburg, FL 34788
NEW 1 DAY 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
$195,000
3 beds3 baths1,440 sq ft
11600 Rancho Dr, Leesburg, FL 34788
See all

Provided by Redfin

Sale history for 40809 Emeralda Island Rd

Date

Event

Price

Stellar MLS as Distributed by MLS Grid #G4848373

Oct 26, 2020

Sold

$550,000

Sep 22, 2020

Pending

—

Jan 17, 2020

Price Changed

$575,000

Nov 12, 2019

Relisted

—

Sep 28, 2019

Listing Removed

—

Oct 17, 2017

Listed

$665,000

Stellar MLS as Distributed by MLS Grid #G4818928

Jun 10, 2017

Listing Removed

—

Oct 19, 2015

Listed

Stellar MLS as Distributed by MLS Grid #G4800099

Jun 10, 2015

Listing Removed

—

Jun 14, 2014

Listed

Tax history for 40809 Emeralda Island Rd

*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

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

70.08 Acres

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Vacant Land

County

Lake County

APN

08-18-25-0001-000-00300

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 23, 2026.

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

Interior

Virtual Tour

Exterior

Exterior Features
Fencing: Boundary Fencing, Wire

Waterfront Information
On Waterfront
Waterfront Features: River Front
Water Body Name: OCKLAWAHA RIVER
Waterfront Feet Total: 1336
Water Frontage Feet River: 1336
Water View Y/N: 1
Water View Description: River
Water Access Y/N: 1
Water Access Description: River
Water Extras Y/N: 0

Property Information
CDD Y/N: 0
Current Adjacent Use: Residential
Property Type: Land
Property Sub Type: Ranch
Zoning: RES/AG

Land Information
Current Use: Mixed Use
Vegetation: Wooded, Wooded
Total Acreage: 50 to less than 100

Lot Information
Number Of Lots: 1
Lot Features: Buildable, Flood Plain/Bottom Land, In County, Level, Pasture, Rural, Paved, Urban, Wetlands, Wooded, Zoned for Horses
Lot Size Acres: 70
Lot Size Dimensions: 673X2593X1336X1969X672X626
Road Frontage Type: County Road
Road Frontage Ft: 673
Front Footage: 673
Zoning Compatible YN: 1

Financial

Tax Information
Tax Annual Amount: $2,714.85
Tax Year: 2019

Utilities

Utility Information
Water Source: Well, Well Required
Sewer: Septic Needed

Location

HOA Information
Association Fee Requirement: None

School Information
Elementary School: Treadway Elem
Middle Or Junior High School: Tavares Middle=Tavares Middle
High School: Tavares High

Location Information
Directions: Go west on SR 44 from Eustis through Grand Island. Just before the Haines Creek bridge, turn right (North) onto Emeralda Road. At stop sign go left (West) on Emeralda Island Road about 4.8 miles- the property is on the left.

Community Information
Pets Allowed: Yes

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 70.08 acres
Style: Vacant Land
Year Built: —
Year Renovated: —
County: Lake County
APN: 08-18-25-0001-000-00300

Home facts updated by county records on Jul 23, 2026

Other

Miscellaneous Information
Third Party YN: 1

Listing Information
Previous Status: Pending
Backups Requested YN: 1
Home Warranty YN: No

Listing Date Information
Days to Contract: 1070
Status Contractual Search Date: 2020-10-26

Listing Price Information
Calculated List Price By Calculated Sq Ft: 0.19

Green Information
Direction Faces: East

Around this home

Schools

Treadway Elementary School

Public PreK-5 • Assigned • 7.3mi

7/10

Tavares Middle School

Public 6-8 • Assigned • 13.0mi

5/10

Tavares High School

Public 9-12 • Assigned • 11.2mi

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

6/10 Fire Factor

9% chance of being in a wildfire in next 30 years

8/10 Heat Factor

7 days above 108° expected this year, 19 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)

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

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New listings for sale in 34788

NEW 8 HRS AGO

$192,900

2 beds2 baths1,089 sq ft

1113 Ben Hope Dr, Leesburg, FL 34788

NEW 8 HRS AGO

$409,000

3 beds2 baths1,568 sq ft

36628 Orange St, Leesburg, FL 34788

NEW 1 DAY 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 40809 Emeralda Island Rd

Data from public records.

Address	Redfin Estimate
41005 Emeralda Island Road, Leesburg, FL 2 Beds \| 2 Baths \| 1758 Sq. Ft.	$276,835
40444 Emeralda Island Road, Leesburg, FL 3 Beds \| 2 Baths \| 1764 Sq. Ft.	$428,689

Address	Redfin Estimate
40601 Emeralda Island Road, Leesburg, FL 3 Beds \| 2 Baths \| 2835 Sq. Ft.	$568,292
40724 Emeralda Island Road, Leesburg, FL 3 Beds \| 2 Baths \| 1806 Sq. Ft.	$491,136

Address	Redfin Estimate
40629 Emeralda Island Road, Leesburg, FL 2 Beds \| 1 Baths \| 672 Sq. Ft.	$320,216
40744 Emeralda Island Road, Leesburg, FL 3 Beds \| 2 Baths \| 1568 Sq. Ft.	$575,545

Property information provided by Stellar MLS as Distributed by MLS Grid when last listed in 2017. This data may not match . Learn more.

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