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$8,500,000 - 37800 Illinois Street, LADY LAKE

3
Bedrooms
2
Baths
2,493
SQ. Feet
146.4
Acres

Endless opportunities for development with this Income producing 147 acres. Completely fenced with 3000 ft on beautiful lake Griffin, part of the Harris chain of lakes! Two separate entrances for private and patron use. Minutes from The Villages. Centrally located from Ocala and Orlando. Land previously planned for senior living, is ripe for housing and commercial development. Property can be zoned for commercial usage. Currently has active vacation camp site rentals. Including three 30 amp RV hookups and 1 sewage. Able to add 40 more RV hookup sites or tiny homes. Large stable with two efficiency apartments currently rented monthly. Horse boarding with 20 horses on land for monthly income. Can build equestrian arena and RV hookups for events Large pavilion with stage for hosting concerts, weddings, farmers markets and events. No permit needed thanks to membership in Florida Agritourism Association. 3000 ft of lake Griffin frontage access to Harris chain of lakes with boat ramp. Recently cleaned and dredged for deep water access. Can put income producing boat slip rentals. With boat storage being in high demand in the area, there is plenty of room to add boat slips or even a dry dock facility. Finally, Gorgeous 3 bedroom 2 bath home with over 2500 sqft of open living space. Vaulted ceilings, real wood floors and flawless touches. Over sized bedrooms with walk in closets. Updated Appliances with wine cooler and real wood cabinets. Fully furnished Tack room with kitchenette, bathroom and plenty of space to relax. For additional details please visit the website. https://lazykranchsouth/ “A piece of Heaven in Central Florida…”

Essential Information

  • MLS® #:
    TB8414280
  • Price:
    $8,500,000
  • Bedrooms:
    3
  • Bathrooms:
    2.00
  • Full Baths:
    2
  • Square Footage:
    2,493
  • Acres:
    146.40
  • Year Built:
    2006
  • Type:
    Residential
  • Sub-Type:
    Farm
  • Style:
    Custom, Florida, Ranch
  • Status:
    Active

Community Information

  • Address:
    37800 Illinois Street
  • Area:
    Lady Lake (The Villages)
  • Subdivision:
    N/A
  • City:
    LADY LAKE
  • County:
    Lake
  • State:
    FL
  • Zip Code:
    32159

Amenities

  • Parking:
    Boat, Covered
  • View:
    Trees/Woods, Water
  • Is Waterfront:
    Yes
  • Waterfront:
    Canal - Freshwater, Lake Front, Lake Privileges

Interior

  • Interior Features:
    Cathedral Ceiling(s), Ceiling Fans(s), High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances:
    Bar Fridge, Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Heating:
    Central, Electric
  • Cooling:
    Central Air
  • Fireplace:
    Yes
  • Fireplaces:
    Living Room, Stone, Wood Burning

Exterior

  • Exterior Features:
    French Doors, Lighting, Storage
  • Lot Description:
    Cleared, Farm, In County, Pasture, Street Dead-End, Paved, Zoned for Horses
  • Roof:
    Metal
  • Foundation:
    Slab

School Information

  • Elementary:
    Villages Elem of Lady Lake
  • Middle:
    Carver Middle
  • High:
    Leesburg High

Additional Information

  • Days on Market:
    10

Listing Details

  • Listing Office:
    54 Realty Llc

Listing information courtesy of 54 Realty Llc.

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Listing data comes from My Florida Regional MLS.

Listing information last updated on August 21st, 2025 at 7:50am EDT.