Redfin is joining Rocket

Discover how we're simplifying your journey home.

$2,700,000

4798 Indigo Rd Groveland, FL 34736

42.0 acres
Land

Property details

About 4798 Indigo Rd

Unlock the potential of Central Florida with this exceptional 42-acre investment opportunity, perfectly positioned in the heart of Groveland. Comprising **two contiguous parcels—28 acres and 14 acres—**this expansive property offers endless possibilities for developers, investors, or visionaries seeking to create a residential community, large-scale development, or the dream home you have always envisioned.. Adding even more value, the property includes a 2-bedroom, 2-bathroom home, ideal for a residence, or a temporary base during development. A detached garage/workshop provides additional space for storage, hobbies, or operational use. Located just 35 minutes from downtown Orlando, the site offers excellent access to US-33 and is only minutes from the Florida Turnpike, blending connectivity with the tranquility of Groveland’s picturesque landscapes. As one of the fastest-growing cities in Lake County, Groveland is celebrated for its scenic beauty, outdoor recreation, and surging demand for quality residential developments. With generous acreage to support modern infrastructure, community amenities, and homes that showcase the area's natural charm, this property is a rare gem. Whether you're planning a signature development or seeking a high-potential land investment near one of Florida’s most dynamic urban hubs, this offering stands out. Don’t miss this unique opportunity to shape the future in one of Central Florida’s most desirable and fast-growing regions.

Highlights

Home typeOther
StatusActive
Lot size42 Acres
MLS #TB8369885

Summary

  • List Price: $2,700,000
  • HOA Amount: $0
  • Annual Tax Amount: $5,397
  • Tax Year: 2023
  • Directions: Head north on FL-33 N toward Market Pl Ln, Turn right onto Indigo Rd. - the Property will be on the right side.
  • Lot Size: 42 Acres
  • MLS Number: TB8369885
  • MLS Name: MFRMLS
  • Office Name: KELLER WILLIAMS REALTY- PALM H
  • Office Phone: (727) 772-0772
  • Listing Agent: Brandon Rimes

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

DMCA Notice

IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/30/2025, 10:34:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jun 13, 2018
Home Sold
$320,000
Jan 06, 2017
Home Sold
$150,000
Oct 29, 2013
Home Sold
$140,000
Jun 07, 2010
Home Sold
$110,000
Jan 24, 2008
Home Sold
$380,000
Sep 15, 1997
Home Sold
$145,000

Tax history

YearAssessmentProperty Tax
2023$407,389$5,397
2022$295,548$4,362
2021$268,701$4,362
2020$272,891$4,104
2019$271,509$4,401
2018$161,253$2,727
2017$166,774$2,783

History based on county public records data.

Nearby schools

5

Mascotte Elementary School

Public Charter PK-5

5.0 mi

460 Midway Ave

3

Groveland Elementary School

Public District PK-5

6.5 mi

930 Parkwood Ave

8

Cypress Ridge Elementary School

Public Magnet PK-5

9.4 mi

350 East Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $62,789. The most common annual income of people living in Groveland, FL is between $35k-100k. The majority of families are married, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

24%
<35k
54%
35k-100k
19%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

24%
Single, No Kids
2%
Single, with Kids
69%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

3%
<11 yrs old
2%
12-17 yrs old
5%
18-34 yrs old
33%
35-64 yrs old
57%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • Figure SkatingFigure Skating
  • HuntingHunting

Where do the neighbors shop?

  • Bass Pro ShopsBass Pro Shops
  • Dollar GeneralDollar General
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • ApplebeesApplebees
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • GMCGMC
  • CadillacCadillac
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • Classic CountryClassic Country
  • OldiesOldies
  • New CountryNew Country
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 4798 Indigo Rd

The listing price of 4798 Indigo Rd property is $2,700,000.

The property 4798 Indigo Rd is land located in Groveland, Florida, 34736.

Active Listing: 4798 Indigo Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 4798 Indigo Rd are: Mascotte Elementary School (GreatSchools Rating 5/10), Groveland Elementary School (GreatSchools Rating 3/10), Cypress Ridge Elementary School (GreatSchools Rating 8/10), Cecil E. Gray Middle School (GreatSchools Rating 4/10), Minneola Conversion Charter School (GreatSchools Rating 7/10), Pinecrest Lakes Academy (GreatSchools Rating 10/10), South Lake High School (GreatSchools Rating 4/10), Lake Minneola High School (GreatSchools Rating 5/10), Leesburg High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $5,397 (source: MLS/based on county public records data).

The last sale was on June 13, 2018 for $320,000 (source: MLS/tax record).

The property 4798 Indigo Rd is 42 acres.

This home is located at 4798 Indigo Rd in Groveland, FL and zip code 34736. Features: 0 bathroom. It has been listed on Rocket Homes since April 10, 2025 and is currently priced at $2,700,000.

While more than 9 listings in Groveland, FL in June 2025 were sold above asking price, there were more than 13 listings sold at asking price, and more than 24 were sold below. Between May and June 2025, Groveland, FL real estate market has seen decrease in the number of listings by 5%. In June 2025 median list price was $382,495 and the average listing age was 65 days.

From Rocket Homes Real Estate and based on county public records data.

More resources