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Property for sale at 8725 TREASURE ISLAND ROAD, LEESBURG, FL, 34788
Property for sale at 8725 TREASURE ISLAND ROAD, LEESBURG, FL, 34788
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8725 Treasure Island RoadLeesburg, FL, 34788

3beds
2baths
1,390sqft
Single Family Residence
Built in 1982
$299,900
For sale
$399,900−$100,000 (25%)
Price per sqft
$216
Days on market
307
Listed
Jan 5
Last reduction
−$30,000
Jun 27, 2026
MLS #G5106215Updated Jul 31, 2026

About this property

Short term Owner Financing make this a RARE opportunity to acquire a wooded 4.87-acre Agricultural-zoned property in a highly convenient Leesburg location. Think Horses, Cows or Chickens. Tucked away for privacy, yet less than 1 mile from County Road 44, this parcel offers the ideal balance of rural living with quick access to town amenities. The property is 3.2 miles to Lake Sumter State College and just 6 miles to the public boat ramp on the world-class Harris Chain of Lakes, renowned for excellent bass fishing. It's only 9 miles to the two best hospitals in the area; UF Health in Leesburg and Advent Health Waterman in Tavares.

The existing 1,390 sq ft concrete block residence was impacted by a lightning strike in June 2025, resulting in a fire that destroyed the interior. Only the concrete block shell remains—the roof, all interior walls, kitchen cabinetry, and plumbing fixtures have been removed. This presents a clean slate for your custom floor plan. There is plenty of room to add floorspace in all directions. A great opportunity to create your own country estate. Owner occupants, investors or builders, here's your head start to create something outstanding. Instant savings include greatly reduced impact fees because of the pre-existing 3 Bedroom, 2 Bath Home, a private well and a septic system. The future owner could potentially live on site in an RV or a camper while reconstructing the main house.

Additional features include a 720 sq ft detached barn and mostly fenced acreage, suitable for agricultural use, animals, or future improvements. With mature trees, usable land, and strong location fundamentals, this property offers exceptional potential for redevelopment or a custom rural homestead close to lakes, education, and major roadways.

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Property details

Property type
Single Family Residence
Street address
8725 Treasure Island Road
City
Leesburg
State
FL
ZIP code
34788
Year built
1982
New construction
No
Faces
Southwest
Rooms
5
Building stories
1
Living area
1,390 sqft
Total building area
2,140 sqft
Architectural style
Other
Levels
One

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Stellar (MFR) data last updated at November 8, 2026 at 2:15 AM EST

Price & sale history

Asking price reduced by $100,000 (25%) since first listed.

EventPrice
Price reducedMLS #G5106215$299,900Change: −25%−$100,000
Listed for saleMLS #G5106215$399,900
SoldMLS #G4817318$123,000
Listed for saleMLS #G4817318$109,200
History may be incomplete.
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Location

Property for sale at 8725 TREASURE ISLAND ROAD, LEESBURG, FL, 34788
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