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Lot/land
  • $1,499,000

    40945 Beach Rd #21, Eustis, FL 32736

    --beds
    0baths
    40.74Acres
    Unimproved Land
    Built in ----
    40.74 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Small pondOpen pastureMultiple wellsAbundant wildlifeScattered oak treesBeautiful natural settingHigh-capacity diesel-powered irrigation systems
    One or more photo(s) has been virtually staged. Exceptional 40± Acre Agricultural Opportunity in Lake County – Turnkey Hemp Operation or Private Ranch Potential Rarely does a property like this become available. Spanning approximately 40 acres, this former fernery—now operating as a licensed hemp production facility—offers a unique blend of established infrastructure, income potential, and future versatility. The property is fully equipped for agricultural use with multiple wells, high-capacity diesel-powered irrigation systems (4”, 8”, and 10” lines), and extensive greenhouse/shade structures that can be utilized for continued cultivation or removed to create a blank slate for alternative uses. At the center of the operation is an updated warehouse featuring new A/C, two walk-in coolers, and ongoing build-out of a commercial-grade kitchen, storage areas, and large submerged tanks—providing flexibility for processing, storage, or expansion of operations. Additional improvements include barns, equipment storage, office space, and multiple outbuildings to support a wide range of agricultural or business needs. Beyond its functionality, the property offers a beautiful natural setting with open pasture, scattered oak trees, a small pond, and abundant wildlife—creating an ideal backdrop for a private estate, ranch, or multi-use agricultural venture. Residential features include a ~2,300 sq ft home with an inground pool (ready for updates to make it your own), as well as a secondary mobile home with a newer roof. Infrastructure upgrades include a new well pump, updated interior lighting, flooring, and paint in the main home, along with recently serviced and certified septic systems. Tucked away just 1/4 mile off a county road on a quiet dead-end street, the gated entrance ensures privacy while still maintaining convenient access. Whether you’re looking to continue hemp production, revive the nursery operation, diversify agricultural use, or create a private compound—this property offers unmatched flexibility and opportunity. Endless possibilities with infrastructure already in place.
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    Zillow last checked: 7 hours ago

    Listing updated: 21 hours ago

    Listing Provided by:

    Erica Diaz 407-897-5400,

    HOMEVEST REALTY 407-897-5400,

    Tambria Naginey 407-794-7966,

    HOMEVEST REALTY

    Source: Stellar MLS,MLS#: O6396224MLS LogoOriginating MLS: Orlando Regional

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Video & virtual tour

      Property

      Lot
      • Size: 40.74 Acres
      • Dimensions: 1329 x 1337 x 1336 x 1333
      • Features: Street Dead-End, Unincorporated, Zoned for Horses
      Details
      • Additional structures: Other, Workshop
      • Additional parcels included: 05-18-29-0003-000-01200
      • Parcel number: 05 18 29 0003 000 02100
      • Zoning: A
      • Special conditions: None

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Electricity Available, Water Available

      Community & HOA

      Community
      • Pet fee: $0 monthly
      HOA
      • Has HOA: No
      Location
      • Region: Eustis

      Financial & listing details

      • Annual tax amount: $11,237
      • Date on market: 4/4/2026
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,556/mo

        Price history

        Price history
        DateEventPrice
        4/4/2026Listed for sale$1,499,000-21.1%
        Source: Stellar MLS #O6396224 Report a problem
        6/4/2025Listing removed$1,900,000
        Source: Stellar MLS #G5078123 Report a problem
        2/6/2024Listed for sale$1,900,000
        Source: Stellar MLS #G5078123 Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32736

        Getting around

        2 / 100
        Car-Dependent
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        Local experts in 32736

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