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WATER CREST COURT

Lots/Land For Sale
$375,000

BTC: 4.36046512

ETH: 150.00000000

New
0 room(s)

Overview

Experience over 5 acres of beautiful high-and-dry land within the exclusive gated community of Lakes of Lu-Emma, where privacy, elevation, and natural beauty come together in one remarkable setting. This 5.19-acre homesite is mostly cleared with only a few trees, creating an open and impressive setting for a custom home. With much of the major clearing already completed, you can focus on designing and positioning your residence to take full advantage of the property's elevation, open surroundings, and lake-view setting. Elevation 110' up to 120'. Imagine creating a custom estate with wide-open space, beautiful surroundings, and the privacy that is becoming increasingly difficult to find in Central Florida. There is no time restriction to build, and you have the freedom to bring your own builder, giving you the opportunity to create exactly what you envision - from an elegant country estate to a spectacular custom luxury home. Lakes of Lu-Emma is an intimate gated community of only 13 estate homesites. Residences require a minimum of 3,000 heated square feet, helping preserve the distinctive character and quality of the community. Lakes of Lu-Emma community near Lake Emma and Lake Lucy. The property's size and setting provide the opportunity to thoughtfully position a custom residence to make the most of the surrounding scenery. Although the setting feels peaceful and private, the property is conveniently located near the Florida Turnpike and major highways, providing easy access throughout Central Florida. With significant development occurring in the surrounding area, this location offers an exceptional combination of acreage, privacy, convenience, natural beauty, and future potential. OVER 5 ACRES - HIGH & DRY - GATED - MOSTLY CLEARED LAKE-VIEW SETTING - ONLY 13 ESTATE HOMESITES 3,000 SQ. FT. MINIMUM - BRING YOUR OWN BUILDER - NO TIME LIMIT TO BUILD Properties offering this combination of acreage, elevation, privacy, and location are increasingly difficult to duplicate in Central Florida. This isn't simply a place to build a home. It's an opportunity to create something extraordinary!

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
5.19 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
$3,000

Valuation

Our model vs. what's actually selling nearby.
Estimate
$239,900
$161K – $375K
Confidence Low
List vs. estimate
$135K above estimate
List $375,000 · +56.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,990
2025
HOA
$3,000/yr
View
Trees/Woods
Pets
Allowed
All facts and features
  • Lot

    • Lot: 5.19 Acres

    Other Property Information

    • Parcel Number: 362124120000001200

    • Zoning: A

  • Type and style

    • Property Type: Land

  • Utility

    • BB/HS Internet Available

  • Other financial information

    • HOA: $3,000

    • HOA Frequency: Annually

    • Annual tax amount: $2,990

  • Source details

    • MLS ID: G5118035

    Other facts

    • Lot Features: Buildable / In County

    • Water Source: Well Required

    • Lot Size Dimensions: 155 x 124 x 115 x 662 x 482 x 591 x 151

    • Subdivision Name: LAKES LU-EMMA LT 01

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: FLORIDA LAND & RANCH BROKERS