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About this home
Cr 48 is a home in Bloomfield Sub, Yalaha. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Offered is a rare opportunity to own a 9 acre corner in the high growth area of Yalaha, Florida (Lake County). Currently zoned agricultural, this amazing corner hosts a u-pick blueberry, blackberry and peach farm along with a locally famous distillery, the Yalaha Bootleggers. With over 650' of frontage on CR 48 and 785' of frontage on Bloomfield Ave this property is an open canvas that is ready for development. The Villages sits just a few miles up the road on CR-48 once you cross 27 along with an exit to the Turnpike / I-75. Tavares, Leesburg, Howey in the Hills, Clermont and Montverde are all within a short distance as this location is positioned perfectly on CR 48 between HWY 19 and US 27. Existing structures on the property include a home from 1928 in great shape, a barn with an air bnb apartment upstairs, a small commercial kitchen, a "still house" and a farm store. Thousands of new homes are approved within a small radius of the property, along with a new Publix, currently in development. This location would be perfect for any shade of commercial, single or multifamily development. Inquire with your agent today.
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The essentials
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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.
Price history
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. 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
$2,750,000
Time on market
213 days
Monthly payment
About $15,724/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $83 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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