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 ...
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Listing Courtesy of: HENIN REALTY
info@henin-co.com
| Listing Id: | O6453662 |
|---|---|
| List Price: | $4,081,000 |
| Property Type: | Land |
| Property Sub Type: | Agricultural |
| Status: | Active |
| Tax Annual Amount: | $2,295 |
| Lot Size Square Feet: | 2,352,240 |
| Lot Size Acres: | 54.0 |
| Waterfront?: | No |
| City: | Leesburg |
| County Or Parish: | Lake |
| Subdivision Name: | Silver Lake Estates |
| Postal Code: | 34788 |
| Additional Parcels?: | Yes |
| Building Area Units: | Square Feet |
| Current Use: | Agricultural |
| Direction Faces: | Southeast |
| 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. |
| Elementary School: | Treadway Elem |
| High School: | Tavares High |
| Listing Contract Date: | 2026-10-28 |
| Ownership: | Fee Simple |
| Living Area Units: | Square Feet |
| Lot Features: | City Limits, Oversized Lot, Wooded |
| Lot Size Acres: | 54 |
| Lot Size Dimensions: | 1619 x 1349 x 1345 x 2301 |
| Postal Code Plus4: | 3214 |
| Middle Or Junior School: | Tavares Middle |
| MLS Area Major: | 34788 - Leesburg / Haines Creek |
| MLS Area Major: | 34788 - Leesburg / Haines Creek |
| Original List Price: | $4,081,000 |
| Parcel Number: | 01-19-25-0500-005-00100 |
| Township: | 19S |
| Road Frontage Type: | County Road |
| Road Surface Type: | Dirt, Unimproved |
| Listing Terms: | Cash, Conventional |
| Tax Year: | 2025 |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Additional Parcels Description: | 10-19-25-0002-000-00900, 01-19-25-0500-005-00101 |
| Utilities: | Cable Available, Public, Sewer Available, Water Available |
| Water Source: | Public |
| Number Of Lots: | 3 |
| Public Survey Range: | 25E |
| Public Survey Section: | 01 |
| Zoning: | A |
| Vegetation: | Wooded |
| Alternate Key Folio Num: | 251901050000500100 |
| Calculated List Price By Calcula: | 1.73 |
| Cddyn: | No |
| Current Adjacent Use: | Residential, Vacant |
| Flood Zone Code: | X |
| Flood Zone Date: | 2012-12-18 |
| Flood Zone Panel: | 12069C0331E |
| For Lease Yn: | No |
| Listing Exclusion Yn: | No |
| Lot Size Square Meters: | 218530 |
| Planned Unit Development Yn: | Yes |
| Price Per Acre: | 75574 |
| Realtor Info: | Brochure Available, Docs Available |
| Road Frontage Ft: | 1619 |
| Sdeo yn: | No |
| Total Acreage: | 50 to less than 100 |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Zoning Compatible Yn: | Yes |
| Ag Exemption Yn: | Yes |
| Association Name 2: | TBD |
| Association 2 Yn: | 1 |
| Attribution Contact: | info@henin-co.com |
| Originating System Name : | Stellar MLS |
| Dock Yn: | No |
| Designated Builder Yn: | No |
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Property Last Updated: October 31, 2026 03:07 AM - ET
