#G5080253, Jean Tolentino, Listing Office: COMPASS FLORIDA, LLC
Property details
About 37800 Illinois St
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.
Highlights
Summary
- MLS Number: 2034960
- MLS Name: realMLS (Northeast Florida Multiple Listing Service)
- Office Name: COLDWELL BANKER VANGUARD REALTY
- Listing Agent: HENRY HAMMOND, JR
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Last updated on: 2/2/2025, 10:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$9,400,000
37800 Illinois St
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $1,912,014 | $26,052 |
2022 | $288,041 | $4,385 |
2021 | $238,621 | $4,385 |
2020 | $238,621 | $3,670 |
2019 | $238,126 | $3,976 |
2018 | $238,544 | $3,902 |
2017 | $221,839 | $3,630 |
History based on county public records data.
Nearby schools
4
Fruitland Park Elementary School
Public District PK-5
4.1 mi
•304 W Fountain St
3
Beverly Shores Elementary School
Public District PK-5
5.0 mi
•1108 Griffin Rd
6
The Villages Elementary of Lady Lake
Public District PK-5
5.1 mi
•695 Rolling Acres Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $68,766. Most Lady Lake, FL residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.
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Frequently asked questions
About 37800 Illinois St
This home is located at 37800 Illinois St in Lady Lake, FL and zip code 32159. Features: 0 bathroom. It has been listed on Rocket Homes since July 3, 2024 and is currently priced at $9,400,000.
In January 2025 more than 3 listings in Lady Lake, FL were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 18 were sold below. The number of homes for sale in Lady Lake, FL increased by 8.2% between December and January 2025. The median list price of listings available in January 2025 was $337,083, while the average time on the real estate market was 80 days.