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Lot/land
  • $1,399,000

    40945 BEACH LOT 21, EUSTIS, FL 32736

    --beds
    0baths
    40.74Acres
    Unimproved Land
    Built in ----
    40.74 Acres Lot
    $953,200 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    163 days
    23
    0

    Zillow last checked:

    Listing updated:

    Listed 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

      • Tax assessed value: $292,810
      • Annual tax amount: $11,237
      • Date on market: 4/4/2026
      • Cumulative days on market: 162 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $953,200

        $753,000 - $1.21M

        $2,866/mo

        Price history

        DateEventPrice
        6/1/2026Price change$1,399,000-6.7%
        Source: Stellar MLS #O6396224 Report a problem
        4/4/2026Listed for sale$1,499,000+7.1%
        Source: Stellar MLS #O6396224 Report a problem
        6/3/2022Listing removed--
        Source: Stellar MLS #G5054483 Report a problem
        4/22/2022Listed for sale$1,400,000
        Source: Stellar MLS #G5054483 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,721 +1.4%$292,810 +3.8%
        2024$4,655 +15.9%$282,150 +10%
        2023$4,015 +24.4%$256,502 +28.5%
        2022$3,228 +11.6%$199,540 +10%
        2021$2,891 -6.2%$181,400 -0.1%
        2020$3,084 +0.3%$181,596 +2.3%
        2019$3,073 +8.9%$177,596 +7.7%
        2018$2,823 +22.5%$164,887 +6.1%
        2017$2,304 -1.4%$155,356 +0.5%
        2016$2,338 -2.6%$154,617 +0.8%
        2015$2,399 +0.1%$153,321 +1%
        2014$2,398 +7.6%$151,826 +1.3%
        2013$2,229 -1.1%$149,809 -0.1%
        2012$2,254 -1.3%$149,925 -1.4%
        2011$2,283 -3.8%$152,096 -2.4%
        2010$2,374 -3.7%$155,885 -3.8%
        2009$2,464 -5.2%$162,006 -5.3%
        2008$2,599 -2.1%$171,041 -1.9%
        2007$2,655 -4%$174,286 +3.6%
        2006$2,764 +11.6%$168,164 +12.8%
        2005$2,477 +2.6%$149,142
        2004$2,414 +3.4%--
        2003$2,334 +43.5%$134,134 +4.8%
        2002$1,627 $128,003 +1.6%
        2001$1,627 -22%$125,988
        2000$2,087 $125,988
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32736

        Getting around

        2 / 100
        Car-Dependent
        24 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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