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8123 S Lecanto Hwy, Lecanto, FL, 34461

4beds
5baths
5,246sqft
$3,900,000
$743price/sqft
$27,816/moest. monthly cost
$1,112,640/yrincome needed

About This Home

There is so much to see here and so many possibilities! This is an INCREDIBLY RARE opportunity to own multiple buildings with varied use, on a total of 37.33 acres, zoned both GNC (11.37 acres) & AGRMH (25.96 acres). This property includes a Massive Primary Residence (9312 sf/total) complete with a 4 car attached garage & an additional 4 car Detached garage/workshop (2000sf), Contractor Trailer, Storage Rig & Pole Barn all on 26 acres zoned AGRMH. This sale also includes a fully equipped Commercial Restaurant (8603 sf/total) & Elegant Event Venue (9586 sf/total) on 11+ acres zoned GNC. Over 20 acres of this property was once a thriving blueberry farm (64 rows), irrigated by a diesel well w/turbine gear drive motor. Irrigation system pumps 2300 gals/min w/a 3406 cat engine that powers a 12 inch well pump. Citrus County is primed for growth & this is a PRIME location! Two sides of this property are bordered by the State Forest, w/1268 ft of frontage along HWY 491,& less than 5 miles from the Suncoast Parkway. The County is currently expanding its infrastructure to support the expected 30k+ additional residents predicted to move to the area by 2030. You won't want to miss this unique opportunity!

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

6/10
Lecanto Primary SchoolGrades PK-56.2 mi
5/10
Lecanto Middle SchoolGrades 6-86.3 mi
5/10
Lecanto High SchoolGrades 9-126.3 mi

Construction

Condition

  • Year built: 2007

Materials

  • Foundation: Block,Slab
  • Roof: Metal
  • Construction materials: Block,Metal Siding,Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Convection Oven,Dishwasher,Microwave,Range,Range Hood,Refrigerator
  • Laundry features: Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 5

Dining Room

  • Level: First
  • Area: 560
  • Dimensions: 28x20

Features

  • Cathedral Ceiling(s),Ceiling Fan(s),Eating Space In Kitchen,High Ceilings,Open Floorplan,Primary Bedroom Main Floor,Solid Wood Cabinets,Split Bedroom,Stone Counters,Thermostat,Walk-In Closet(s)
  • Window features: Double Pane Windows
  • Flooring: Concrete,Epoxy,Luxury Vinyl

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Central Air,Ductless

Interior Area

  • Total structure area: 9,312
  • Total interior livable area: 5,246 sqft

Kitchen

  • Level: First
  • Area: 280
  • Dimensions: 14x20

Living Room

  • Level: First
  • Area: 800
  • Dimensions: 40x20

Primary Bathroom

  • Level: First
  • Area: 210
  • Dimensions: 15x14

Primary Bedroom

  • Features: Walk-In Closet(s)
  • Level: First
  • Area: 300
  • Dimensions: 15x20

Property

Details

  • Parcel number: 19E20S18000034000
  • Zoning: AGRMH
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Screened,Wrap Around
  • Exterior features: Irrigation System,Storage
  • Fencing: Board,Fenced
  • Has view: Yes
  • View description: Trees/Woods
  • Residential vegetation: Trees/Landscaped,Wooded

Lot

  • Lot size: 37.33 Acres
  • Features: Farm,Landscaped,Pasture,Zoned for Horses

Parking

  • Total spaces: 4
  • Parking features: Circular Driveway,Driveway
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Tornado
Cold Wave
Strong Wind
Wildfire
Tsunami

FEMA Declared Disasters in Citrus County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $19,720$236,640
Home Insurance *$3,019$36,228
Property Taxes $4,550$54,600
Electricity $527$6,335
Total$27,816$333,792
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$953,691/yr
40% on housing$834,480/yr
45% on housing$741,760/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.6%
15.6%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 5.1%
5.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$743This listing

vs Other Active Listings

Avg $/sqft

ZIP 34461$173
Citrus County$154

vs Homes Sold Last Month

Median $/sqft

ZIP 34461$182
Citrus County$169

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2024-11-29Price change$3,900,000
2024-10-05Price change$3,950,000
2024-09-12Price change$4,290,000
2024-08-18Price change$4,450,000
2024-04-25Listed for sale$4,800,000
2001-07-10Sold$315,000

For Sale by Agent

AgentLaura Bush
BrokerageREMAX REALTY ONE

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