40945 BEACH
Eustis, FL, 32736 $ 1,499,000
Baths0.0 Monthly Estimate*
$ 9,230
Studio for $1,499,000. The lot size is 40.74.
One or more photo(s) has been virtually staged. Exceptional 40± Acre Agricultural Opportunity in Lake County – Turnkey Hemp Operation or Private Ranch Potential Rarely does a property like this become available. Spanning approximately 40 acres, this former fernery—now operating as a licensed hemp production facility—offers a unique blend of established infrastructure, income potential, and future versatility. The property is fully equipped for agricultural use with multiple wells, high-capacity diesel-powered irrigation systems (4”, 8”, and 10” lines), and extensive greenhouse/shade structures that can be utilized for continued cultivation or removed to create a blank slate for alternative uses. At the center of the operation is an updated warehouse featuring new A/C, two walk-in coolers, and ongoing build-out of a commercial-grade kitchen, storage areas, and large submerged tanks—providing flexibility for processing, storage, or expansion of operations. Additional improvements include barns, equipment storage, office space, and multiple outbuildings to support a wide range of agricultural or business needs. Beyond its functionality, the property offers a beautiful natural setting with open pasture, scattered oak trees, a small pond, and abundant wildlife—creating an ideal backdrop for a private estate, ranch, or multi-use agricultural venture. Residential features include a ~2,300 sq ft home with an inground pool (ready for updates to make it your own), as well as a secondary mobile home with a newer roof. Infrastructure upgrades include a new well pump, updated interior lighting, flooring, and paint in the main home, along with recently serviced and certified septic systems. Tucked away just 1/4 mile off a county road on a quiet dead-end street, the gated entrance ensures privacy while still maintaining convenient access. Whether you’re looking to continue hemp production, revive the nursery operation, diversify agricultural use, or create a private compound—this property offers unmatched flexibility and opportunity. Endless possibilities with infrastructure already in place.
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FeaturesGeneralSewer Septic Tank
Utilities Electricity Available Water Available
Possession Close Of Escrow
Zoning A
Pets Allowed Yes
Tax Year 2025
Current Use Agricultural
Ownership Fee Simple
Additional Parcels Description 05-18-29-0003-000-01200
County Lake
Property Type Land
Subdivision Name N/A
Other Structures Other Workshop
Status Active
Directions SR44 E to Spruce and follow to Beach at end. Gated Entry.
City EUSTIS
MLS Area 32736 - Eustis
Lot Size Units Acres
Lot Size Square Feet 1774634
Listing Terms Cash Conventional
Tax Annual Amount 11237
Additional Parcels Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6396224
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 21
Legal Description SE 1/4 OF SW 1/4--LESS FROM S 1/4 COR RUN N 89DEG 21MIN 44SEC W 654.59 FT N 00DEG 30MIN 31SEC E 436.85 FT S 89DEG 16MIN 30SEC W 252.64 FT N 00DEG 45MIN 28SEC W 182.83 FT FOR POB CONT N 00DEG 45MIN 28SEC N 344.50 FT S 89DEG 27MIN 25SEC E 470.28 FT S 01DEG 15MIN 48SEC E 182.53 FT S 71DEG 27MIN 26SEC W 495.44 FT TO POB-- ORB 6010 PG 1937
Water Access Y/N false
Water View Y/N false
Flood Zone Code X AE A
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ExteriorLot Features Street Dead-End Unincorporated Zoned for Horses
Water Source Well
Lot Size Area 40.74
Lot Dimensions 1329 x 1337 x 1336 x 1333
Lot Size Acres 40.74
Road Surface Type Paved
Waterfront Y/N false
Road Frontage Type Street Dead-End Access Road
Number of Lots 2
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* Excluded FeaturesList Byerica@ericadiazteam.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $9,230
- Monthly Property Taxes
- $936
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Eustis, FL
Average List Price $436,378
Percent of Sale Price 71%
About Eustis, FL 19,630 Population
22% Since 2002
$ 39,027 Median Income
42.57 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/4/2026 | $1,499,000 | | Listed Price |