Price Reduction - Waterfront
Address
1040 Lake June ROAD, LAKE PLACID, FL
Price
$ 1,949,999
Property Attributes
  • MLS#A4579382
  • TypeLand
  • CountyHIGHLANDS
  • CityLAKE PLACID
  • AreaLake Placid
  • Zip33852
  • Style
  • Taxes$ 5231
  • Price$ 1,949,999
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3 Acres
Data Source:
Stellar MLS
Property Description

Exceptional opportunity to own a remarkable 3-acre vacant lot nestled in a prime lakefront location. This unique piece of land boasts an unrivaled position, making it the most coveted property on the lake, the ONLY property R3 on the lake without HOA or any restrictions. With the potential to be developed into a luxurious resort, plans and permits are approved (5 buildings 4 units each. 20,000 sf total), paving the way for a seamless transformation. Featuring an extensive shoreline that stretches along the picturesque lake, this parcel is ideally situated in a cove facing the stunning sandbar. Dock approval for 20 slips, adding to the allure of this unparalleled gem. Embrace the essence of waterfront living and seize the chance to create a truly exceptional destination.

Price History
8/12/2023 Listed $2,499,000
10/20/2023 13% - $2,199,000
1/19/2024 12% - $1,950,000
4/26/2024 1% - $1,949,999

General Features

Sewer Septic Needed
Utilities Other
Zoning R3
Tax Year 2022
Current Use Unimproved
Percent Ownership Fee Simple
Waterfront Features Lake
County Highlands
Property Type Land
HOA / Comm Assn No
Facing Direction North
Status Active
Directions Head north on S Magnolia Ave toward E Phoenix St Turn right onto E Interlake Blvd Turn left onto US Hwy 27 N Turn left onto Lake June Rd Make a U-turn Destination will be on the right
City LAKE PLACID
Buyer Agent Compensation 1.5%
MLS Area 33852 - Lake Placid
Lot Size Square Feet 130680
Waterfront Y/N Yes
Street Name Lake June
Listing Terms Cash,Conventional
Tax Annual Amount 5231
Public Remarks Exceptional opportunity to own a remarkable 3-acre vacant lot nestled in a prime lakefront location. This unique piece of land boasts an unrivaled position,making it the most coveted property on the
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4579382
Days on Market 259
Standard Status Active
Legal Description A 3 ACRE TR IN E 500 FT OF SEC 28 LYING S OF LAKE JUNE RD 28-36-29/5 3 ACRES
Water View Lake
Water Access Y/N No
Water View Y/N Yes

Interior Features

Street Suffix ROAD
Living Area Units Square Feet

Exterior Features

Water Source Well Required
Lot Size Area 3
Lot Dimensions -
Lot Size Acres 3
Road Surface Type Paved
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 33852

Price
AVG $40K
$1.95M
Taxes
AVG $103
$5,231
Visits
AVG 555
418
Data Provided by Inside Real Estate®

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