Unlock the potential of Central Florida with this exceptional 42-acre investment opportunity, perfectly positioned in the heart of Groveland. Comprising **two contiguous parcels—28 acres and 14 acres—**this expansive property offers endless possibilities for developers, investors, or visionaries seeking to create a residential community, large-scale development, or the dream home you have always envisioned.. Adding even more value, the property includes a 2-bedroom, 2-bathroom home, ideal for a residence, or a temporary base during development. A detached garage/workshop provides additional space for storage, hobbies, or operational use. Located just 35 minutes from downtown Orlando, the site offers excellent access to US-33 and is only minutes from the Florida Turnpike, blending connectivity with the tranquility of Groveland’s picturesque landscapes. As one of the fastest-growing cities in Lake County, Groveland is celebrated for its scenic beauty, outdoor recreation, and surging demand for quality residential developments. With generous acreage to support modern infrastructure, community amenities, and homes that showcase the area's natural charm, this property is a rare gem. Whether you're planning a signature development or seeking a high-potential land investment near one of Florida’s most dynamic urban hubs, this offering stands out. Don’t miss this unique opportunity to shape the future in one of Central Florida’s most desirable and fast-growing regions.
Lot/land
$2,700,000
4798 Indigo Rd, Groveland, FL 34736
--beds
0baths
42Acres
Unimproved Land
Built in ----
42 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Natural charmScenic beauty
- 141 days
- on Zillow |
- 94 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: August 06, 2025 at 05:54am
Listing Provided by:
Brandon Rimes 813-917-1894,
KELLER WILLIAMS REALTY- PALM H 727-772-0772
Source: Stellar MLS,MLS#: TB8369885
Originating MLS: Suncoast Tampa

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 42 Acres
- Dimensions: 1011 x 1497
Details
- Additional parcels included: 23-21-24-0004-000-00400
- Parcel number: 232124000400000800
- Zoning: A
- Special conditions: None
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Available
Community & HOA
Community
- Subdivision: ACREAGE & UNREC
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Groveland
Financial & listing details
- Tax assessed value: $407,389
- Annual tax amount: $5,865
- Date on market: 4/10/2025
- Cumulative days on market: 278 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved
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