9300 E TREASURE ISLAND AVENUE
Leesburg, FL, 34788 $ 4,081,000
Bedrooms-- Baths0.0 Monthly Estimate*
$ 28,186
for $4,081,000. The lot size is 54.
Approved, permit-ready 110-lot single-family community on ±54 acres at the southwest corner of County Road 44 and E Treasure Island Ave in Leesburg, Lake County. Treasure Trove was annexed into the City of Leesburg in 2023 and rezoned PUD, with an Estate Residential future land use (Ord. 23-03). It received final site plan approval in June 2025 (AR #1080). With emergency tolling under F.S. 252.363, which the City has confirmed, the approval is valid through November 25, 2028. A buyer can go straight to construction permitting and site work without entitlement risk. The approved master plan has three lot types around a boulevard entrance on CR 44: 40 lots at 50' x 110' 35 lots at 50' x 120' 35 lots at 60' x 120' This mix lets a builder provide both entry-level and move-up product. About 28.2 acres is open space, including 16.41 acres of preserved wetlands, two stormwater ponds, flood retention areas, and active and passive recreation with a tot lot. About 36.4 acres are developable, for a gross density of 1.98 units/acre. Approvals and permits in place: Lake County approval of the relocated CR 44 entrance with left and right turn lanes Gated emergency access on E Treasure Island Ave ALTA survey (April 2025) and engineered master plan SJRWMD and FDEP agency permits The City of Leesburg provides water, wastewater, reuse, electric and natural gas. The site is in the CR 44 corridor, about 6 miles from downtown Leesburg and 5 miles from Eustis. It is about 15 miles from The Villages and Florida’s Turnpike and 45 miles from downtown Orlando. National builders active nearby include Taylor Morrison, Stanley Martin, D.R. Horton, Richmond American and KB Home. Liberty Preserve is directly across CR 44 and Silver Lake Pointe is close by. Homes in those two communities sold between $303,000 and $348,490 in 2026. Lake County is growing about twice as fast as Florida and is projected to add about 18,000 households by 2030. Offered in paper-lot condition. The buyer is responsible for: Pre-construction meeting Site construction Final plat and recording All building permits and impact, connection and capacity fees The seller is an experienced local developer and can manage site construction and/or platting for a fee. Portions of the property are in Flood Zone AE (BFE 68.1'), with compensating storage provided in the approved plan. Qualified buyers will get data room access, including the approved PUD and master plan, final site plan approval, ALTA survey, entitlement record and fee schedules. All figures are approximate. Buyer to verify all information through independent due diligence. Contact the listing agent for the offering memorandum.
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FeaturesGeneralSewer Public Sewer
Utilities Cable Available Public Sewer Available Water Available
Zoning A
Garage Spaces 0
Tax Year 2025
Current Use Agricultural
Ownership Fee Simple
Additional Parcels Description 10-19-25-0002-000-00900 01-19-25-0500-005-00101
HOA Fee 2 0
County Lake
Property Type Land
Subdivision Name SILVER LAKE ESTATES
Facing Direction Southeast
Status Active
Directions From Leesburg: From US 441 in Leesburg take CR 44 northeast toward Eustis for about 6 miles. Pass Silver Lake and the Silver Lake Pointe and Liberty Preserve communities. The property is on the left (west side of CR 44) at the southwest corner of CR 44 and E Treasure Island Ave across from Liberty Preserve. Look for the rezoning signs along the frontage. From Eustis: From downtown Eustis take CR 44 southwest toward Leesburg for about 5 miles. Turn right onto E Treasure Island Ave. The property is immediately on the left (south side) with frontage on both roads. Vacant land. Please do not walk the site without an appointment; contact the listing agent.
High School Tavares High
City LEESBURG
MLS Area 34788 - Leesburg / Haines Creek
Lot Size Units Acres
Lot Size Square Feet 2352240
Carport Spaces 0
Listing Terms Cash Conventional
Elementary School Treadway Elem
Tax Annual Amount 2295.14
Middle/Junior High School Tavares Middle
Additional Parcels Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6453662
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 1
Legal Description ALTKEY: 1779383 - THE NORTHWEST 1/4 OF THE NORTHWEST 1/4 OF SECTION 10 TOWNSHIP 19 SOUTH RANGE 25 EAST ORB 6530 PG 1323 ALTKEY: 1798892 - SILVER LAKE ESTATES LOT 1--LESS N 208.71 FT OF W 417.42 FT-- LOT 2 W OF HWY LOT 3 BLK 5 BEING IN SEC 10-19-25 PB 10 PGS 66-69 ORB 6530 PG 1323 ALTKEY: 1494001 - SILVER LAKE ESTATES N 208.71 FT OF W 417.42 FT OF LOT 1 BLK 5 BEING SEC 10-19-25 PB 10 PGS 66-69 ORB 6530 PG 1326
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
Flood Zone Code X Y
DockY/N false
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ExteriorVegetation Trees Wooded
Lot Features City Lot Oversized Lot Wooded
Water Source Public
Lot Size Area 54
Lot Dimensions 1619 x 1349 x 1345 x 2301
Lot Size Acres 54
Road Surface Type Dirt Unimproved
Waterfront Y/N false
Covered Spaces 0
Road Frontage Type County Road
Number of Lots 3
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* Excluded FeaturesList Byspencervickers1@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $28,186
- Monthly Property Taxes
- $191
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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 Leesburg, FL
Average List Price $904,696
Percent of Sale Price 78%
About Leesburg, FL 23,102 Population
19% Since 2002
$ 38,715 Median Income
44.51 Median Age
18% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Tavares High High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/30/2026 | $4,081,000 | | Listed Price |