$28,000
$34,900
19.8%For more information regarding the value of a property, please contact us for a free consultation.
1 Acres Lot
SOLD DATE : 01/12/2021
Key Details
Sold Price $28,000
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Subdivision Royal Trails Unit 01
MLS Listing ID G5030839
Sold Date 01/12/21
Construction Status Inspections
HOA Fees $5/ann
HOA Y/N Yes
Annual Tax Amount $328
Lot Size 1.000 Acres
Acres 1.0
Lot Dimensions 290x150
Property Description
High and Dry lot with no flood zone or wetlands. Use any builder and build whenever you are ready. Minimum 1,200 sq ft home and no manufactured homes. You can park your boat and RV on the property after you build your home. 1 acre of gorgeous oak trees out in the country for some private peace and quiet time. Equestrian community allows up to 2 horses per acre. Community boat ramp onto Lake Norris. Lake Norris is a huge ski/fishing lake with no public boat launch for motorized boats. Enjoy Royal Trails playground and private park. Miles of paved roads with sporadic homes for exercise and wildlife watching. HOA fees only $60 per year. Come join this wonderful community of neighbors. There will never be another subdivision created like this one as Lake County Zoning no longer allows subdivisions to be created with 1 acre lots. These lots are grandfathered under the old rules and are in high demand. Seller financing available with 25% down, 7% interest and 2 year balloon.
Location
State FL
County Lake
Community Royal Trails Unit 01
Zoning R-1
Exterior
Community Features Deed Restrictions, Horses Allowed, Park, Playground, Water Access
Utilities Available Electricity Available
Amenities Available Clubhouse, Park, Playground, Private Boat Ramp
Water Access 1
Water Access Desc Lake
Building
Lot Description Corner Lot, In County, Oversized Lot, Room For Pool, Rural, Paved, Unincorporated, Wooded, Zoned for Horses
Lot Size Range 1 to less than 2
Sewer Septic Needed
Water Well Required
Construction Status Inspections
Others
Pets Allowed Yes
Ownership Fee Simple
Monthly Total Fees $5
Acceptable Financing Cash, Conventional, Private Financing Available, USDA Loan, VA Loan
Membership Fee Required Required
Listing Terms Cash, Conventional, Private Financing Available, USDA Loan, VA Loan
Special Listing Condition None
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