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6703 SW 40TH TERRACE

Lots/Land For Sale
$60,000

BTC: 0.91603053

ETH: 33.33333333

-$21K (2026/04/13)
381 days
0 room(s)

Overview

Tucked inside the gated community of Savanna Pointe, this vacant lot offers a chance to build in a prime Gainesville location just minutes from UF, Shands, the VA, Celebration Pointe, Butler Plaza, and easy access to I-75. This parcel allows for your choice of builder, with architectural approval required by the community’s Review Committee before closing. After the purchase agreement is signed, the buyer has 90 days to submit plans for the home, including floor plans, elevations, a site plan, and builder information. At closing, the buyer pays a $2,500 Impact Fee and a Construction Compliance Fee to the Savanna Pointe Community Association. The Compliance Fee is refundable once construction is complete and meets approved specifications. HOA dues apply while the lot is vacant and will adjust once the home is finished. A great option for building something new in a well-established, well-located neighborhood.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.18 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
$207

Valuation

Our model vs. what's actually selling nearby.
Estimate
$139,950
$61K – $457K
Confidence Low
List vs. estimate
$79K below estimate
List $60,000 · -57.1%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
12 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,604
2024
HOA
$207/mo
Pets
Allowed
All facts and features
  • Lot

    • Lot: 0.18 Acres

    Other Property Information

    • Parcel Number: 07247010006

    • Zoning: PD

  • Type and style

    • Property Type: Land

  • Utility

    • Electricity Available

    • Natural Gas Available

    • Public

  • Other financial information

    • HOA: $207

    • HOA Frequency: Monthly

    • Annual tax amount: $1,605

  • Source details

    • MLS ID: GC530934

    Other facts

    • Water Source: Public

    • Lot Size Dimensions: 110.54 x 72.16 x 110 x 73.82 x

    • Subdivision Name: SAVANNA POINTE PH 1

Private inquiry
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Market around this address

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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: KELLER WILLIAMS GAINESVILLE REALTY PARTNERS