16838 OLD HIGHWAY 50
WINTER GARDEN, FL, 34787 $ 875,000
Baths0.0 Monthly Estimate*
$ 5,388
Studio Lots and Land for sale in WINTER GARDEN, FL
for $875,000. The lot size is 4.94.
Rare opportunity to own 5 acres of highly versatile land near Orlando, Clermont, and Winter Garden, located at 16838 Old Highway 50 in one of Lake County’s rapidly growing corridors. With 300 feet of frontage and already divided into three parcels, this property features agricultural, commercial, and residential zoning, creating endless possibilities for developers, builders, investors, or anyone searching for Orlando land for sale, Clermont development land, Winter Garden acreage, or Central Florida investment property. Positioned in a high-growth area with ongoing expansion and development, the property is ideal for residential development, mixed-use projects, future commercial opportunities, equestrian use, farming, or multi-generational living. There is ample space for animals, horses, barns, stables, workshops, and agricultural operations, offering flexibility for both personal and investment use. As an added bonus, the property includes two manufactured homes. One has been fully remodeled within the last two years with a new kitchen, updated flooring, and extensive renovations completed down to the studs, making it suitable for immediate occupancy or rental income. The second manufactured home is a 4-bedroom, 2-bath residence currently used for storage, but it can easily be converted into a guest home, in-law suite, or additional living space. The property also features a city-converted self-watering system, with additional details available from the listing agent. With flexible zoning, prime frontage, rare acreage, and close proximity to Orlando, Clermont, and Winter Garden growth areas, this is an exceptional opportunity to secure Central Florida land with significant future upside. **This house comes with a REDUCED RATE through the seller's preferred lender. This is a lender-paid rate buydown that reduces the buyer's interest rate and monthly payment.**
See more
FeaturesGeneralSewer Septic Tank
Utilities Electricity Available Sewer Connected
Zoning A
View Trees/Woods
Tax Year 2025
Current Use Residential
Ownership Fee Simple
County Lake
Property Type Land
Subdivision Name LAKE HIGHLANDS 23-22-26
Facing Direction South
Status Active
Directions Take ramp onto I-4 W (SR-400) toward Tampa. Take exit 82 toward Ocoee onto SR-408-TOLL W (East-West Expy). Take theexit toward Florida's Tpke North/Ocala onto Florida's Tpke. Take exit 272 toward SR-50 W/Clermont. Turn left onto W Colonial Dr (SR-50 W). Turnright onto W Oakland Ave (SR-438). Keep right toward Old CR-50 E/SR-438 W. Take the 3rd exit from roundabout onto Old CR-50 E (SR-438 W).
High School Lake Minneola High
City WINTER GARDEN
MLS Area 34787 - Winter Garden/Oakland
Lot Size Units Acres
Lot Size Square Feet 215186
Listing Terms Cash Conventional FHA VA Loan
Elementary School Grassy Lake Elementary
Tax Annual Amount 4786.85
Middle/Junior High School East Ridge Middle
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6406199
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 33
Legal Description LAKE HIGHLANDS 23-22-26 PB 4 PG 11 FROM THE NORTHEAST CORNER OF THE SOUTHEAST 1/4 OF SECTION 23 TOWNSHIP 22 SOUTH RANGE 26 EAST RUN NORTH 89-32-00 WEST ALONG THE MID-SECTION LINE 713.77 FEET SOUTH 31-36-00 EAST 268.29 FEET FOR THE POINT OF BEGINNING CONTINUE SOUTH 31-36-00 EAST 300 FEET NORTH 89-32-00 WEST 913.28 FEET NORTH 00-18-00 EAST 254.22 FEET SOUTH 89-32-00 EAST 754.72 FEET TO THE POINT OF BEGINNING BEING PART OF TRACTS 33 & 34 ORB 5311 PG 1200
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
See more
ExteriorWater Source None
Lot Size Area 4.94
Lot Dimensions 755 x 255
Lot Size Acres 4.94
Road Surface Type Paved Asphalt
Waterfront Y/N false
Road Frontage Type Street Paved
See more
* Excluded FeaturesList ByKeller Williams Realty At The ParksBroker
Affordability Calculator
- Monthly Principal & Interest
- $5,388
- Monthly Property Taxes
- $399
- 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 Clermont, FL
Average List Price $444,723
Percent of Sale Price 49%
About Clermont, FL 37,444 Population
181% Since 2002
$ 57,912 Median Income
42.31 Median Age
31% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Lake Minneola High High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/8/2026 | $875,000 | | Listed Price |