Florida Homes Realty & Mortgage-St Johns
$ 1,875,000
Property Attributes
  • MLS#O5894184
  • TypeLand
  • CountyLAKE
  • CityAstatula
  • AreaAstatula
  • NeighborhoodColina Del Lago
  • Zip34705
  • StyleResidential
  • Taxes1722
  • Price$ 1,875,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size50.99 Acres
Listing Provided Courtesy Of:
Property Description

Colina del Lago is a builder's dream development only 35 minutes from downtown Orlando using the new turnpike entrance in Minneola. Colina del Lago includes 3 lakefront lots with dock approvals directly on Little Lake Harris. The community features 60 lots and most are 100ft+ wide 1/2 acre lots. There is city water available from the Town of Astatula. Of the 60 lots there are 40 lots with no direct rear neighbor, providing much privacy for residents on their already large lots. The community is less than a mile from the recreational Joe Swaffer Park with tennis, basketball, soccer and playground. This property was originally 11 parcels totaling 87 acres is now being offered as 60 approved 1/2 acre lots. Preliminary plat and Construction Plan approvals are already in place. Only awaiting DEP and SJWMD approvals and permits to allow for sitework and infrastructure work to begin. The 60 lots as approved "paper lots" are priced at $25,000/each for the 57 lots and $150,000/each for the 3 lakefront lots totaling $1,875,000 for "paper lots". On November 9th, 2020 when Final Plat Approval and SJWMD permits are in hand sitework will begin and the lots will be sold as 60 "finished lots" and the finished lot price will become $3,950,000 with all 60 lots being ready to build homes on by March 1, 2021. The seller has $5,081 per lot in pre-paid impact fees (totaling $304,860) that will be required to be purchased by the buyer in addition to lot costs. The new owner can redeem these credits at the time they pull each individual building permit at $5,081 per lot.

Elementary School Middle School High School
Astatula Elem Tavares Middle=Tavares Middle Tavares High
Price History
9/22/2020 Listed $1,875,000

General Features

Additional Parcels Y/N Yes
Additional Water Information Colina del Lago features 3 lakefront lots with dock permits available. Colina del Lago's Washington Street entrance is 2 blocks from the public community boat ramp, fishing pier
Association Amenities Vehicle Restrictions
Community Features Deed Restrictions, Fishing, Public Boat Ramp, Sidewalk
Elementary School Astatula Elem
High School Tavares High
Junior High Tavares Middle=Tavares Middle
MLS Area 34705 - Astatula
Property SubType Residential
Property Type Land
Sewer Septic Needed
Special Listing Conditions None
Status Active
Subdivision Name COLINA DEL LAGO
Terms Cash, Conventional
Township 20S
Utilities Electrical Nearby, Fiber Optics, Fire Hydrant, Telephone Nearby, Water Nearby
Water Access Type Lake, Lake - Chain of Lakes
Water Access Y/N Yes
Waterfront Features Lake, Lake - Chain of Lakes
Zoning R-1A
Zoning Compatible Yn Yes

Exterior Features

Front Footage 700
Lot Dimensions 1142x976x562x2601
Lot Size Acres 50.99
Lot Size Square Feet 2221124
Number of Lots 11
Road Frontage Type City Street
Vegetation Trees
Water Frontage Feet Lake 1200
Water Frontage Feet Lake Chain 1200
Water View Lake, Lake - Chain of Lakes
Water View Y/N Yes
Waterfront Feet Total 2400
Waterfront Y/N Yes


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

Property vs Zip Code Average in 34705

AVG $80K
AVG $347
AVG 363

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