PRICED TO SELL !! * UNDER COMPS PRICE PER SQFT * DESIRABLE LAND DEAL - This estate offers the flexibility to divide into four 2.5-acre lots, perfect for creating a family compound - dream property for horse enthusiasts - investors - sub-leasing and farming. USDA ELIGIBLE 10 acre property located directly on the paved road off Emeralda Island Rd, utility in the area but not on the land. Private and wooded ready to build. Quiet, relaxed country. No Deed Restrictions or HOA's. Custom build site, manufactured homes welcome. Close to Ocala National Forest, and Emeralda Marsh with Springs, Canoeing, Fishing, Boating, Wildlife, and Hiking on 10,000+ acres of preserve. Close to city life, entertainment, medical, dining and shopping. Less than 50 miles to World Equestrian Center (WEC)
New construction
$374,050
40200 Emeralda Island Road, Leesburg, FL 34788
--beds
--baths
10.05Acres
Est.:
Unimproved Land
Built in ----
10.05 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Quiet relaxed country
- 586 days |
- 124 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: February 20, 2026 at 09:23am
Listed by:
Philip Tambasco 561-559-4665,
Boardwalk Realty Associates LL
Source: BeachesMLS,MLS#: F10454676
Originating MLS: BeachesMLS1
Facts & features
Interior
Video & virtual tour
Property
Lot
- Size: 10.05 Acres
- Dimensions: 10.05
- Residential vegetation: Oak, Pine
Details
- Additional structures: None
Community & HOA
Community
- Subdivision: Emeralda Island
HOA
- Has HOA: No
Location
- Region: Leesburg
Financial & listing details
- Annual tax amount: $2,452
- Date on market: 8/5/2024
- Cumulative days on market: 585 days
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 6/13/2025 | Price change | $374,050-1.3% |
Source: | ||
| 9/6/2024 | Price change | $379,050-5% |
Source: | ||
| 8/5/2024 | Listed for sale | $399,000 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$2,320/mo
Principal & interest
$1828
Property taxes
$492
More affordability tools
Climate risks
Neighborhood: 34788
Nearby schools
GreatSchools rating
- 7/10Treadway Elementary SchoolGrades: PK-5Distance: 6.6 mi
- 5/10Tavares Middle SchoolGrades: 6-8Distance: 12.4 mi
- 4/10Tavares High SchoolGrades: 9-12Distance: 10.5 mi




