Property Description
**This house comes with a REDUCED RATE through the seller's preferred lender. This is a lender-paid rate buydown that reduces the buyer's interest rate and monthly payment.** Rare opportunity to own 5 acres of highly versatile land near Orlando, Clermont, and Winter Garden, located at 16838 Old Highway 50 in a rapidly growing corridor of Lake County. This property offers 300 feet of frontage and is already divided into three parcels, with agricultural, commercial, and residential zoning, making it ideal for developers, builders, investors, or anyone searching for land for sale in Orlando, Clermont development land, Winter Garden acreage, or Central Florida investment property. Positioned in a high-growth area with ongoing expansion and development, this property is a prime candidate for residential development, mixed-use, or future commercial use.
Currently on the property are two manufactured homes, including a fully remodeled home updated within the last two years with a new kitchen, new flooring, and extensive renovations completed down to the studs—perfect for immediate occupancy, rental income, or use as part of a private family compound. The second is a 4-bedroom, 2-bath manufactured home that has already been improved and is currently used for storage, but can easily be converted into an in-law suite, guest home, or additional living space. The property also features a city-converted self-watering system (contact listing agent for full details).
With ample space for animals, horses, barns, horse stables, workshops, and agricultural use, this property offers endless possibilities for equestrian living, farming, development, or multi-generational living. Flexible zoning, prime frontage, proximity to major growth areas, and rare acreage make this a standout opportunity for anyone looking for land for sale in Orlando, Clermont land, Winter Garden development land, or Central Florida acreage with future upside. Opportunities like this are rare in such a high-growth location.