$299,900
Original: $399,900 ▼ Price reduced

8725 TREASURE ISLAND RD, Leesburg, FL 34788

Active
3
Beds
2
Baths
1,390
Sq Ft
$215
Per Sq Ft
1982
Built
173
Days Listed

About This Property

Short term Owner Financing make this a RARE opportunity to acquire a wooded 4.87-acre Agricultural-zoned property in a highly convenient Leesburg location. Think Horses, Cows or Chickens. Tucked away for privacy, yet less than 1 mile from County Road 44, this parcel offers the ideal balance of rural living with quick access to town amenities. The property is 3.2 miles to Lake Sumter State College and just 6 miles to the public boat ramp on the world-class Harris Chain of Lakes, renowned for excellent bass fishing. It's only 9 miles to the two best hospitals in the area; UF Health in Leesburg and Advent Health Waterman in Tavares. The existing 1,390 sq ft concrete block residence was impacted by a lightning strike in June 2025, resulting in a fire that destroyed the interior. Only the concrete block shell remains—the roof, all interior walls, kitchen cabinetry, and plumbing fixtures have been removed. This presents a clean slate for your custom floor plan. There is plenty of room to add floorspace in all directions. A great opportunity to create your own country estate. Owner occupants, investors or builders, here's your head start to create something outstanding. Instant savings include greatly reduced impact fees because of the pre-existing 3 Bedroom, 2 Bath Home, a private well and a septic system. The future owner could potentially live on site in an RV or a camper while reconstructing the main house. Additional features include a 720 sq ft detached barn and mostly fenced acreage, suitable for agricultural use, animals, or future improvements. With mature trees, usable land, and strong location fundamentals, this property offers exceptional potential for redevelopment or a custom rural homestead close to lakes, education, and major roadways.

Property Details

TypeSingle Family Residence
Garage1 spaces
Lot4.87 ac
Stories1
PoolNo
WaterfrontNo
SubdivisionSILVER LAKE ESTATES
HOANo
Tax/yr$2,142
HeatingNone
CoolingNone
FlooringConcrete
RoofOther

Listed by COLDWELL BANKER HUBBARD HANSEN · MLS# G5106215

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Listing information © 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved. Data deemed reliable but not guaranteed. Last updated: 2026-06-27.
IDX information is provided exclusively 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.
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Rise Team · LPT Realty, LLC
Mike Valdes
Mike Valdes
Rise Team · LPT Realty
(813) 548-5618
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