This Spectacular "Harris Chain of Lakes" buildable 0.74 acre lot has 107 feet lakefront with Panoramic Views across 7 miles of open water. This is one of the last two lots available directly on the lake. in this community, A Complete set of Architectual & Engineering Plans approved by the City of Leesburg included in the price. This is a Gated Community and has million dollar "Custom Built Homes". Deed Restrictions, City water and Sewer, Mature oak trees. Majestic Oaks is a private deed restricted Central Florida community & only minutes to the Hospital, UF Health at Leesburg & Downtown. Utilities are available. Bring your builder and walk the property. Lake Griffin is over 9,327 acres and is the last lake in the Harris Chain. The nine lakes of the Harris Chain total approximately 76,000 acres. Water flows into Lake Griffin through Haines Creek and exits into the Ocklawaha River flowing north through the Ocala National Forest as it winds to the St. Johns River and out to the Atlantic Ocean. Just an hour to Orlando or Ocala & minutes to The Villages. All information is believed to be correct and accurate but is not guaranteed or warranted and subject to change without notice. A complete set of Architectural and Engineering Plans approved by the city available. The dock is in need of TLC, however, it can be repaired on the existing posts. Call for Gate code.
Directions: Hwy North towards Leesburg, turn right on Newell Hill Rd, drive straight to a gated community.. Call for the Code to enter. The lot is directly in front of you, watch for the sign.
Price Information
Listing Price Info
Price Summary:
List Price: $535,000
HOA Fees:
Amount: $30
Frequency: Annually
Tax Information:
Annual Amount: $2,347
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Leesburg, FL.
This property is $235K more than the Median Sold Price in Leesburg, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #G5052946
Listing Office:
Office Name: CARLINO REAL ESTATE GROUP INC
Office Phone: (352) 326-2662
Listing Agent: Judith Kilgus
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.
Copyright 2024 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: 11/15/2024, 10:49:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Aug 21, 2007
Aug 21, 2007Home Sold
$525,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$2,347
$178,590
2019
$1,717
$93,600
2018
$1,690
$93,600
2017
$1,697
$93,600
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,740
Per Month
Principal & Interest
$2,671
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$2
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,670
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Beverly Shores Elementary School
1108 Griffin Rd
Distance between this listing and this school1.70 miles
Public District Grades PK-5
3
/10
Leesburg Elementary School
2229 South St
Distance between this listing and this school2.95 miles
Public District Grades PK-5
4
/10
Fruitland Park Elementary School
304 W Fountain St
Distance between this listing and this school4.20 miles
Public District Grades PK-5
Nearby Schools
3
/10
Carver Middle School
1200 Beecher St
Distance between this listing and this school2.39 miles
Public District Grades 6-8
2
/10
Oak Park Middle School
2101 South St
Distance between this listing and this school2.82 miles
Public District Grades 6-8
3
/10
Tavares Middle School
1335 Lane Park Cutoff Ofc
Distance between this listing and this school7.79 miles
Public District Grades 6-8
Nearby Schools
2
/10
Leesburg High School
1401 Yellow Jacket Way
Distance between this listing and this school2.18 miles
Public District Grades 9-12
4
/10
Tavares High School
603 N New Hampshire Ave
Distance between this listing and this school7.76 miles
Public District Grades 9-12
5
/10
Lake Virtual Franchise
200 W Golf Links Ave
Distance between this listing and this school10.21 miles
The neighbors living near this home have an average income of $44,396. The most common annual income of people living in Leesburg, FL is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 716 Newell Hill Rd
What is the listing price of this property?
The listing price of 716 Newell Hill Rd property is $535,000.
What type of property is this?
The property 716 Newell Hill Rd is land located in Leesburg, Florida, 34748.
Is this property for sale now?
Active Listing: 716 Newell Hill Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $2,347 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 21, 2007 for $525,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 716 Newell Hill Rd in Leesburg, FL and zip code 34748 in the Majestic Oaks Shores neighborhood. This home sits on a 0.74 acre lot. It has been listed on Rocket Homes since March 15, 2022 and is currently priced at $535,000.
Leesburg, FL housing market in October 2024 saw over 9 listings sold above listed price, more than 24 sold at listed price and over 60 sold below. The inventory of homes for sale in Leesburg, FL between September 2024 and October 2024 decreased by 2.6%. Listings spent 61 days on the market in October 2024, and had a median list price of $299,992 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 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.
Pro Boxing
Pro Boxing
Extreme Sports
Family Dollar
Sam's Club
Stein Mart
White Castle
Burger King
Church's Chicken
Chevrolet
Buick
Oldsmobile
Rock
Urban Contemporary
Jazz