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Search Land - 37800 Illinois Street

37800 Illinois Street

$9,400,000
37800 Illinois Street, Lady Lake, FL
Status: Under Contract
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Property Type
Acreage
Acreage
146 acres
County
Lake, FL
Format
Sale
Features
N/A
List Date
Jul 2, 2024
Documents
N/A
Description
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.
Listing Agent
Tommy Hammond
Vanguard Realty
Ponte Vedra Beach, Florida
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