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Overview

5 bd5 ba5,577 sqft2 car garageSingle Family
TypeSingle Family
HOANone listed
Built1924
Lot54,151 sqft
Living area5,577 sqft
Price / sqft$318
Garage2 car

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About this home

Living Room/Dining Room ComboSolid Surface CountersWalk-in Closet(s)Window TreatmentsFrench DoorsLightingPrivate EntrancePrivate Mailbox

405 Lakeshore Dr is a 1924-built home in Leesburg Palmora Park, Leesburg. Inside you'll find 5 bedrooms, 5 bathrooms, and 5,577 square feet of living space. Listed at $1,775,000 (about $318/sqft), 201 days on market. Flood zone X, AE - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

A rare opportunity to own one of Leesburg’s iconic lakefront estates, offering 164 feet of direct frontage on Lake Harris and set on a beautifully positioned 1.24-acre corner lot. This exceptional property delivers unmatched curb appeal with its stately presence, circular drive, mature landscaping and timeless architectural charm. The main residence spans nearly 5,000 square feet and has been thoughtfully updated to blend classic elegance with modern comfort. The 2020-renovated kitchen serves as the heart of the home, complemented by updated bathrooms throughout. Offering five bedrooms and 4.5 baths, the layout is ideal for everyday living and hosting guests. A private mother-in-law suite with its own fully equipped kitchen provides flexibility for extended family or long-term guests, while a detached efficiency apartment above the garage creates additional living space or an excellent income-producing opportunity. Designed for relaxation and recreation, the outdoor living experience is resort-style. Enjoy a recently renovated heated pool and spa, expansive patio areas, and sweeping lake views that create a backdrop for entertaining or quiet evenings at home. The private boathouse with dock and lift provides effortless access to the Harris Chain of Lakes, making this a dream setting for boating enthusiasts. Within city limits in a golf cart-friendly area, the home offers a blend of privacy and convenience, just minutes from downtown Leesburg dining, shopping and waterfront parks. With its expansive homesite, impressive 164 feet of shoreline and premier lakefront amenities, this is a one-of-a-kind offering that captures the best of Florida waterfront living.

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The essentials

Built
1924
Price / sqft
$318
On market
201 days
Annual tax
$9,749
Flood zone
X, AE · Low risk
Lot
54,151 sqft
Type
Single Family Residence

At a glance

Single family
Built 1924
Waterfront
Lake Front
Private pool
Heated
2 car garage
Circular Driveway
1.24 acres
Lot size

Payment

Est. monthly payment
$10,957/mo
Down payment (20%)
$355,000
Property taxes
$812/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1924
Lot
54,151 sqft
Cooling
Central Air, Mini-Split Unit(s)
Heating
Natural Gas
Parking
Circular Driveway, Covered, Driveway, Golf Cart Parking, Workshop in Garage
Pool
Gunite, Heated, In Ground, Lighting
Waterfront
Lake Front, Lake Privileges
Days on Market
201
Living Room/Dining Room Combo
Solid Surface Counters
Walk-in Closet(s)
Window Treatments
French Doors
Lighting
Private Entrance
Private Mailbox
Private Yard
Sidewalk
Storage
Dishwasher
Disposal
Dryer
Microwave
Range
Range Hood
Refrigerator
Washer
Homestead exemption on file Flood Zone X, AE
Annual Tax (2025)
$9,749
Parcel #
35-19-24-0700-007-00100

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
Leesburg Palmora Park
County
Lake
MLS Area
34748 - Leesburg
Lot Size
54,151 sqft
Corner LotCity LimitsSidewalk

Price history

Date
Event
Price
6/11/2026
Price change
Source: Stellar MLS #OM721071
$1,775,000-4.5%
$318/sqft
3/23/2026
Listed for sale
Source: Stellar MLS #OM721071
$1,859,000
$333/sqft

Neighborhood

405 Lakeshore Dr
Leesburg, FL, 34748 · 34748 - Leesburg

Market insights

Offer Insights

Choose an offer strength

List price: $1,775,000
$1.75M – $1.77M
98.6% – 100% of listTops out right at the list price
80% of listList price
193 of the last 384 home closings in 34748 landed at this number or higher (50%). The median one sat 50 days before it went under contract, and this one is on day 201 after a $84,000 cut.

Sample: 384 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
$10,957/mo
Principal & interest$9,257
Property taxes$812
Insurance$888
Down payment20% · $355,000
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%. 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

$1,775,000

$318 per sq ft

Beds and baths

5 beds, 5 baths

Size

5,577 sq ft

Time on market

201 days

Year built

1924

Monthly payment

About $10,957/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $9,749 annual tax bill, insurance.

Flood zone

Zone X, AE

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

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Brokered byPREMIER SOTHEBY'S INTERNATIONAL REALTYListing agent: Michelle JarvisListing data from Stellar MLS, MLS# OM721071.

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