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Last updated on December 20th, 2024

68 Acre Development with Cherry Lake View

$5,750,000

S. Obrien Road & Coralwood, Groveland, Florida 34736


Land Size68.2 Acres
ZoningA
Lake ViewsCherry Lake

Featuring a 68.2 acre parcel in the growing area of Groveland, Florida, this property has exceptional views of Cherry Lake, part of Clermont’s Chain of Lakes. This property is in the final stages of being re-zoned and will consist of 41 one-acre lots located in Lake County. Sometimes known as the “Clay District”, these one-acre lots are expected to fulfill a need for today’s Buyers that are looking for a little more space between the homes, a little more privacy or larger lot to construct a home that will fulfill all their dreams. The plat has preliminary approval with final approval expected around the end of the 2nd quarter or early 3rd quarter of this year. The owner has spent a great deal of time, effort and expense in bringing this to fruition; consulting with highly experienced entities which include a Land Use Attorney, Environmental Group, Traffic Consultant, Surveyor and Urban and Regional Planning Group, who all work with the County Planning and Zoning Department. Each lot will have an individual well drilled and a modular contained waste water treatment system for the community will be implemented. The Environmental Survey has just been completed and the property has been given a clean report in regard to Sand Skinks with another report on Gopher Tortoises. As you can see, the project has been undertaken with a vengeance which will enable a Buyer to maneuver through the process smoothly and quickly. The well-thought out Plat not only fulfills the County’s requirements for greenspace, but also incorporates that space into the area of the property that is adjacent to a pond and also has a great view of Cherry Lake. This is the perfect place for a community dock or park. The location of this parcel is very convenient to the Florida Turnpike, US Highway 27 and State Road 19 and into Orlando yet set back from the growing traffic in the surrounding areas.


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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