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About this home
716 Newell Hill Rd is a home in Majestic Oaks Landing, Leesburg. HOA runs $30 monthly.
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.
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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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
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