31501 Reed Road, photo 1
Active
1 / 45

Overview

0 baOther
TypeOther
HOANone listed
Lot4,660,000 sqft

Ask anything about this home

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

About this home

31501 Reed Road is a home in Lakeview Xings-ph 3, Dade City.

From the listing

31501 REED ROAD! One of the last massive pieces of pristine, untouched vacant land in all of Pasco County. This unbelievably rare, quiet and perhaps unearthly piece of property is now on the market for purchase. Three parcels (Parcel # 1: 15-24-20-0000-00100-0093, Parcel # 2: 15-24-20-0000-00100-0094 and Parcel # 3: 15-24-20-0000-00100-0170) combine for a total of 107 acres. This land features rolling hills, open pastures, deep woods, and spring-fed seasonal creeks, in addition to having one of the highest elevations in all of Central Florida. Situated at the very end of a picturesque and quiet newly paved road, sits the main entrance to this massive property. This one-of-a-kind location and expansive property would suit a multitude of buyers. Already situated as a working ranch, this property is ready for the next owner who dreams of endless pastures and 100-plus-year-old Oak Trees; they would be in heaven! Not to mention the endless wildlife that adds to this land's extreme beauty. Hawks, Osprey, and Eagles are a common sight, while Foxes, Deer and the prized Osceola Turkey make routine appearances. This is a playground for nature lovers and avid sportsmen alike! In addition to all this beauty the property could easily be upgraded into a charming country estate or potentially a private family compound. Multiple family dwellings, barns, trails, etc.... the opportunities for one's dreams are endless! Equally intriguing and rare in itself, these 107 acres are zoned AR-5, meaning a savvy investor or developer could build out an exclusive community consisting of several exquisite, secluded homesteads (approximately 18 homes based on buildable acreage). With direct access at the end of Reed Road, and an easement connecting Amberlea Road to the far north parcel, this "would be" exclusive community, is easily accessed from multiple points of entry and convenient in multiple directions. Such a potential premiere community would be a home run for any developer's portfolio. As it stands, the current ranch and acreage are completely fenced and sectioned off into multiple pastures. Turnkey ready from day one for any and all livestock or animals. This property currently holds an agricultural exemption (greenbelt) and would certainly be a candidate for future exemption following all requirements. It is equipped with a fully functioning well (estimated to be over 200 ft deep), powered by both a windmill and electric pump. The property includes two separate 200 amp service feeds and is set up for two electrical meters. Currently, included on site is a 48x30 covered open pole barn, equipped with an RV pad, deck and power (the RV in the photos does not convey). Also included is a fully enclosed shed, large enough for your UTV, which also has power and air conditioning. Don't miss your opportunity to breathe in the sweet pasture breezes or cast your eyes upon towering grandfather oaks. Come see this one-of-a-kind property today—a sincere rarity in all of Florida these days. Located just 10 minutes off I-75, this property is minutes from the quaint and folksy towns of Dade City and Brooksville. While also in near proximity to the bustling cities of Tampa/St. Pete (45 minutes) and their beautiful beaches, Ocala (60 minutes) and its world-class equestrian offerings or Orlando (90 minutes), the theme park capital of the world. This enchanting piece of land will certainly be a favorite among many, make it a priority to tour it today!

The essentials

On market
156 days
Annual tax
$506
Lot
4,660,000 sqft
Type
Other

At a glance

Payment

Est. monthly payment
$37,192/mo
Down payment (20%)
$1,300,000
Property taxes
$42/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Other
Year Built
-
Lot
4,660,000 sqft
Cooling
-
Heating
-
Parking
-
Days on Market
156
Annual Tax (2025)
$506

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
Lakeview Xings-ph 3
County
Pasco
Lot Size
4,660,000 sqft

Price history

Date
Event
Price
5/7/2026
Listed for sale
Source: Stellar MLS #TB8506366
$6,500,000+195.5%
11/8/2023
Sold
Source: Pasco County Public Record
$2,200,000

Neighborhood

31501 Reed Road
Dade City, FL, 33523

Market insights

Offer Insights

Choose an offer strength

List price: $6,500,000
$6.39M – $6.50M
98.3% – 100% of listTops out right at the list price
80% of listList price
50 of the last 98 home closings in 33523 landed at this number or higher (51%). The median one sat 48 days before it went under contract, and this one is on day 156.

Sample: 98 closed home sales in 33523 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$37,192/mo
Principal & interest$33,900
Property taxes$42
Insurance$3,250
Down payment20% · $1,300,000
Interest rate6.80%
Loan term

Not sure what you can afford?

Put in your household income and we will tell you where this payment sits.

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

$6,500,000

Time on market

156 days

Monthly payment

About $37,192/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $506 annual tax bill, insurance.

Offer

What should I offer?

Have another question?

Brokered bySCOTT REALTY, LLCListing agent: Nathan HurleyListing data from Stellar MLS, MLS# TB8506366.

Keep exploring Florida

Pick up where you left off, or see what else is out there.