716 Newell Hill Rd, photo 1
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Overview

0 baOther
TypeOther
HOA$30/mo
Lot32,234 sqft

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

716 Newell Hill Rd is a home in Majestic Oaks Landing, Leesburg. HOA runs $30 monthly.

From the listing

This Spectacular "Harris Chain of Lakes" buildable 0.74 acre lot has 107 feet lakefront with Panoramic Views across 7 miles of open water. This is one of the last two lots available directly on the lake. in this community, A Complete set of Architectural & Engineering Plans approved by the City of Leesburg included in the price. This is a Gated Community and has million dollar "Custom Built Homes". Deed Restrictions, City water and Sewer, Mature oak trees. Majestic Oaks is a private deed restricted Central Florida community & only minutes to the Hospital, UF Health at Leesburg & Downtown. Utilities are available. Bring your builder and walk the property. Lake Griffin is over 9,327 acres and is the last lake in the Harris Chain. The nine lakes of the Harris Chain total approximately 76,000 acres. Water flows into Lake Griffin through Haines Creek and exits into the Ocklawaha River flowing north through the Ocala National Forest as it winds to the St. Johns River and out to the Atlantic Ocean. Just an hour to Orlando or Ocala & minutes to The Villages. All information is believed to be correct and accurate but is not guaranteed or warranted and subject to change without notice. A complete set of Architectural and Engineering Plans approved by the city available. The dock is in need of TLC, however, it can be repaired on the existing posts. The property has recently been mowed and shows very nicely. Call for Gate code.

The essentials

On market
263 days
Annual tax
$2,232
HOA
$30/mo
Lot
32,234 sqft
Type
Other

At a glance

Payment

Est. monthly payment
$3,274/mo
Down payment (20%)
$107,000
Property taxes
$186/mo
HOA
$30/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Other
Year Built
-
Lot
32,234 sqft
Cooling
-
Heating
-
Parking
-
Days on Market
263
Annual Tax (2025)
$2,232

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Majestic Oaks Landing
County
Lake
Lot Size
32,234 sqft
HOA
$30/mo

Price history

Date
Event
Price
1/27/2026
Listed for sale
Source: Stellar MLS #G5106474
$535,000

Neighborhood

716 Newell Hill Rd
Leesburg, FL, 34748

Market insights

Offer Insights

Choose an offer strength

List price: $535,000
$525,000 – $535,000
98.5% – 100% of listTops out right at the list price
80% of listList price
200 of the last 396 home closings in 34748 landed at this number or higher (51%). The median one sat 50 days before it went under contract, and this one is on day 263.

Sample: 396 closed home sales in 34748 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$3,274/mo
Principal & interest$2,790
Property taxes$186
Insurance$268
HOA$30
Down payment20% · $107,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$535,000

Time on market

263 days

Monthly payment

About $3,274/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,232 annual tax bill, insurance, and the $30/mo HOA fee.

HOA fee

$30/mo

Offer

What should I offer?

Have another question?

Brokered byCARLINO REAL ESTATE GROUP INCListing agent: Judith KilgusListing data from Stellar MLS, MLS# G5106474.

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