2 years on rocket

716 Newell Hill Rd, Leesburg, FL, 34748

$535,000

0.74 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
WaterfrontLake Front
MLS #G5052946
Lot Size0.74 Acres
StatusActive

About 716 Newell Hill Rd

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.

Property Details

Property Features

Listing Office:

  • Office Name: CARLINO REAL ESTATE GROUP INC
  • Office Phone: (352) 326-2662
  • Listing Agent: Judith Kilgus

Exterior Features

Exterior Information:

  • Waterfront: Lake Front

Virtual/3D Tour

  • Virtual Tour: 716 Newell Hill Rd
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.74 Acres

Other

Directions Information:

  • 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
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Housing Market Comparison

See how this home compares to others in Leesburg, FL.

Med. Sold Price

$299.9K

Med. Price/SqFt

$179

Avg. Days On Market

70

# of Sold Homes

67

716 Newell Hill Rd vs Leesburg

1008 DAYS ON ROCKET

+938 Days

$535,000

+$235K More

KEY TAKEAWAY

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

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.

IDX 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: 12/18/2024, 7:19:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 21, 2007Home Sold
$525,000

Tax History

YEARPROP. TAXASSESSMENT
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

$2,740

Per 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.

Nearby Schools

school-card-donut-4434803
3
/10
  • Beverly Shores Elementary School

  • 1108 Griffin Rd

  • 1.70 miles

  • Public District Grades PK-5

school-card-donut-4434804
3
/10
  • Leesburg Elementary School

  • 2229 South St

  • 2.95 miles

  • Public District Grades PK-5

school-card-donut-4434805
4
/10
  • Fruitland Park Elementary School

  • 304 W Fountain St

  • 4.20 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,396. Residents of Leesburg, FL typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.

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).

How much acreage is this property?

The property 716 Newell Hill Rd is 0.74 acres.
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Rocket HomesFloridaLake CountyLeesburg34748716 Newell Hill Rd

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.

In November 2024 more than 11 listings in Leesburg, FL were sold above the asking price. During the same period more than 15 listings were sold at asking price, while more than 41 were sold below. In November 2024 in Leesburg, FL there were 1.6% less homes for sale than in October 2024. Listings spent 70 days on the market in November 2024, and had a median list price of $299,918 during the same period.

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

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