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716 NEWELL HILL RD

Lots/Land For Sale
$535,000

BTC: 8.35937500

ETH: 306.41466208

127 days
Waterfront
0 room(s)

Overview

This Spectacular "Harris Chain of Lakes" buildable 0.74 acre lot has 107 feet lakefront with Panoramic Views across 7 miles of open water. This is one of the last two lots available directly on the lake. in this community, A Complete set of Architectural & Engineering Plans approved by the City of Leesburg included in the price. This is a Gated Community and has million dollar "Custom Built Homes". Deed Restrictions, City water and Sewer, Mature oak trees. Majestic Oaks is a private deed restricted Central Florida community & only minutes to the Hospital, UF Health at Leesburg & Downtown. Utilities are available. Bring your builder and walk the property. Lake Griffin is over 9,327 acres and is the last lake in the Harris Chain. The nine lakes of the Harris Chain total approximately 76,000 acres. Water flows into Lake Griffin through Haines Creek and exits into the Ocklawaha River flowing north through the Ocala National Forest as it winds to the St. Johns River and out to the Atlantic Ocean. Just an hour to Orlando or Ocala & minutes to The Villages. All information is believed to be correct and accurate but is not guaranteed or warranted and subject to change without notice. A complete set of Architectural and Engineering Plans approved by the city available. The dock is in need of TLC, however, it can be repaired on the existing posts. The property has recently been mowed and shows very nicely. Call for Gate code.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.74 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
$30

Valuation

Our model vs. what's actually selling nearby.
Estimate
$90,000
$71K – $660K
Confidence Low
List vs. estimate
$445K above estimate
List $535,000 · +494.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
7 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,232
2025
HOA
$30/yr
Private Road
Waterfront
Lake, Lake Front
Pets
Allowed
All facts and features
  • Lot

    • Lot: 0.74 Acres

    Other Property Information

    • Parcel Number: 24 19 24 1300 000 00501

  • Type and style

    • Property Type: Land

  • Utility

    • Electricity Available

    • Water Available

  • Other financial information

    • HOA: $30

    • HOA Frequency: Annually

    • Annual tax amount: $2,232

  • Source details

    • MLS ID: G5106474

    Other facts

    • Lot Features: Buildable

    • Direction Faces: North

    • Waterfront: Yes

    • Water Body Name: LAKE GRIFFIN

    • Water Source: Canal/Lake For Irrigation / Public

    • Lot Size Dimensions: 60 x 104 x 252 x 107 x 281

    • Subdivision Name: MAJESTIC OAKS LANDING

Private inquiry
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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: CARLINO REAL ESTATE GROUP INC