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.
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
- 1 day |
- 55 |
- 6 |
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#: O6396224
Originating 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
| Date | Event | Price |
|---|---|---|
| 4/4/2026 | Listed for sale | $1,499,000-21.1% |
Source: | ||
| 6/4/2025 | Listing removed | $1,900,000 |
Source: | ||
| 2/6/2024 | Listed for sale | $1,900,000 |
Source: | ||
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
Nearby schools
GreatSchools rating
- 5/10Seminole Springs Elementary SchoolGrades: PK-5Distance: 8.3 mi
- 3/10Eustis Middle SchoolGrades: 6-8Distance: 14 mi
- 3/10Eustis High SchoolGrades: 9-12Distance: 15.9 mi
Local experts in 32736
- Florida
- Lake County
- Eustis
- 32736
- 40945 Beach Rd Unit 21






