$325,000
Off-Market Date: 09/05/2023Lotus Path Mascotte, FL 34753
Pending MLS# G5066833
4.50 Acres Lot/Land
Details for Lotus Path
MLS# G5066833
Description for Lotus Path, Mascotte, FL, 34753
Under contract-accepting backup offers. The Hibiscus Reserve project already has a Future Land Use designation for Planned Unit Development - Downtown Mixed Use (PUD-DM), which allows for a variety of uses and a density of 12 dwelling units per acre. With 4.5+ high and dry acres that could mean up to 54 units. This parcel is right off of SR-50, a major growth corridor, with the current 2-lane road expanding to a 4-lane that will run from I-75 east past Mascotte and Groveland. With SR-33 just a couple of miles up the road, Mascotte is ideally positioned for growth. Mascotte has seen 18.25% in population growth over the last few years with developments from national builders like Maronda Homes, KB Homes, Richmond America, and LGI Homes popping up all over town. With such a shortage of affordable housing options, small towns like Mascotte that are situated so close to larger town centers like Clermont, new housing developments are a welcome addition to the community. The property has already been cleared with easy access to SR-50 via Hibiscus Ave and Palmwood Ave. The only thing left is to entitle it and develop the property for a multifamily or mixed use project.
Listing Information
Property Type: Lot/Land, Mixed Use
Status: Pending
Lot Size: 4.50 Acres
Current Use: Mixed Use
County: Lake
Utilities
Other Utilities: Electricity Available,Water Available,Sewer Not Available,Water Not Available
Exterior / Lot Features
Lot Dimensions: 468 x 482 x 241 x 275 x 128 x
Fencing: Perimeter
Additional Exterior/Lot Features: Flat, Level, City Lot, Buildable
Driving Directions
From SR-50 traveling west from Groveland, turn right on Hibiscus Ave. When Hibiscus transitions to Lotus Path, you will see the property on the right side (north side) of Lotus Path.
Financial Considerations
Terms: Cash
Tax/Property ID: 10-22-24-0200-000-00500
Tax Amount: 3568
Tax Year: 2022
Price Changes
| Date | Price | Change |
|---|---|---|
| 02/28/2024 12.20 AM | $325,000 |
A broker reciprocity listing courtesy: KELLER WILLIAMS ELITE PARTNERS III REALTY
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Sales History & Tax Summary for Lotus Path
Sales History
| Date | Price | Change |
|---|---|---|
| Currently not available. | ||
Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
|---|---|---|
| Currently not available. | ||
Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby Lotus Path
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| Schools nearby | Grades | Distance | Rating |
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Data powered by ATTOM Data Solutions. Copyright© 2025. 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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