UNIQUE LAKEFRONT DEVELOPMENT OPPORTUNITY: This stunning 11. 68 acre parcel features 408 linear feet of direct lakefront on the renowned Harris Chain of Lakes. Elevated and densely wooded, it provides an ideal space for a private, luxury community with multiple lakefront homes and direct access to Central Florida’s major waterways.
STRATEGIC LOCATION: Situated near key highways, including 429, US-441, and Florida’s Turnpike, this property offers unparalleled accessibility. Just 10 miles from the highway, it allows quick access to Orlando, Mount Dora, and The Villages—three of Central Florida’s fastest-growing cities. This accessibility has spurred development, making this land an excellent opportunity for a high-end residential community.
UNMATCHED LAKEFRONT LIVING: The Harris Chain of Lakes is a network of seven interconnected lakes, including Big and Little Harris, Dora, Carlton, Beauclair, Eustis, and Griffin. As part of Florida’s Ocklawaha Basin, these lakes flow into the St. Johns River and out to the Atlantic Ocean. Lake Harris is well-known for its annual fishing and boating tournaments, attracting water enthusiasts seeking the ultimate lakefront lifestyle.
PROPERTY FEATURES: With a gated entry and utility shed, this property enhances functionality and development potential. Its elevated, wooded terrain provides panoramic lake views, creating an exclusive setting for luxury living.
EQUESTRIAN AMENITIES: Nearly one mile of private trails wind through the property’s forested areas, including lakeside paths, making it perfect for equestrians seeking a serene, natural environment.
RECREATION: The property includes a private rifle and pistol shooting range of up to 150 yards, offering a unique recreational feature for outdoor enthusiasts.
IDEAL FOR DEVELOPERS: This parcel represents an extraordinary opportunity to create a luxury lakefront community. With direct access to the Harris Chain of Lakes and a prime location, the possibilities for exclusive residential developments are endless.
EXCEPTIONAL LOCATION: Close to Orlando, Mount Dora, and The Villages, residents will enjoy a peaceful yet vibrant lifestyle in Central Florida. Just 75 minutes from Homosassa on the west coast—known for its Gulf access, premier fishing, and scalloping—this rapidly growing area positions the property as a prime luxury living destination.
PERFECT FOR: Luxury developers, real estate investors, water enthusiasts, high-net-worth individuals, second-home buyers, outdoor enthusiasts, equestrians, family compound seekers, agricultural and forestry investors, nature lovers, and eco-tourism developers. This property offers the versatility and potential to bring your vision to life for generations.
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Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,240,000 | $1,240,000 | $1,240,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.261% | 6.748% | 6.847% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,250 | $7,940 | $10,887 |
Total Monthly Payment | $8,375 | $8,065 | $11,012 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.