1151 Emma Lane Leesburg, FL 34748
Pending MLS# G5086659
4 beds 2 baths 2,280 sq ft Single Family
Details for 1151 Emma Lane
MLS# G5086659
Description for 1151 Emma Lane, Leesburg, FL, 34748
Under contract-accepting backup offers. PRICE IMPROVEMENT! HOME WARRANTY INCLUDED! Exceptional investment opportunity on 7.5 fully fenced and gated acres, zoned agricultural and offering multiple paths to value. This unique property features two separate homes on individual parcels, each with its own well, septic, and utilities—a rare setup ideal for rental income, redevelopment, or future subdivision. The main residence is a 4-bedroom, 2-bath home with a large bonus room featuring a wet bar, easily adaptable for additional living space, a home office, or rental potential. The second dwelling, while in need of updates, provides value-add upside and flexibility for long-term rental, short-term use, or multi-generational living. With ample acreage, the property supports a wide range of income-producing or development options, including agricultural use, equestrian facilities, hobby farming, or a subdivide opportunity. Located in a peaceful rural setting yet just minutes from Brownwood Town Square in The Villages, the property benefits from proximity to one of Florida’s most active and rapidly growing markets. Easy access to major highways provides convenient travel to both coasts’ beaches and Orlando’s theme parks, enhancing long-term desirability. Whether you’re seeking a cash-flow opportunity, land investment, or value-add project, this property delivers flexibility, location, and upside. Check out this rare offering and schedule your private showing today.
Listing Information
Property Type: Residential, Manufactured Home
Status: Pending
Bedrooms: 4
Bathrooms: 2
Lot Size: 7.50 Acres
Square Feet: 2,280 sq ft
Year Built: 2003
Stories: 1 Story
Construction: Vinyl Siding
Subdivision: N/A
Foundation: Other
County: Lake
Room Information
Main Floor
Family Room: 14x26
Dining Room: 10x12
Kitchen: 14x14
Laundry: 10x6
Bathroom 2: 10x5
Bedroom 4: 11x12
Bedroom 3: 11x11
Bedroom 2: 11x11
Primary Bathroom:
Primary Bedroom: 12x15
Living Room: 15x20
Bathrooms
Full Baths: 2
Additonal Room Information
Laundry: Inside, Laundry Room
Interior Features
Appliances: Electric Water Heater, Built-In Oven, Exhaust Fan, Dishwasher, Range, Refrigerator
Flooring: Carpet,Laminate,Vinyl
Fireplaces: Wood Burning
Additional Interior Features: Split Bedrooms, Wet Bar, Ceiling Fan(s), Dry Bar, Open Floorplan, Main Level Primary
Utilities
Water: See Remarks, Well
Sewer: Septic Tank
Other Utilities: Electricity Connected
Cooling: Ceiling Fan(s), Central Air
Heating: Electric, Heat Pump
Exterior / Lot Features
Roof: Shingle
Lot View: Trees/Woods
Fencing: Chain Link
Additional Exterior/Lot Features: Other, Deck, Private Road, Dead End
Out Buildings: Guest House, Second Residence
Community Features
Security Features: Smoke Detector(s)
Driving Directions
From I75, take 44 East to south (right) onto Whitney Rd, then left onto Whitney Lane. Follow road to house on left. From US 27, take 44 West to south (left) ) onto Whitney Rd, then left onto Whitney Lane. Follow road to the main house on left #1143.The guest house is #1151.
Financial Considerations
Terms: Cash,Conventional,USDA Loan
Tax/Property ID: 29-19-24-0002-000-02003
Tax Amount: 2986
Tax Year: 2023
A broker reciprocity listing courtesy: ERA GRIZZARD REAL ESTATE
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Copyright 2026 Stellar MLS as distributed by the MLS GRID. All Rights Reserved.
Sales History & Tax Summary for 1151 Emma Lane
Sales History
| Date | Price | |
|---|---|---|
| Currently not available. | ||
Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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| Currently not available. | ||
Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 1151 Emma Lane
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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