David Ramirez
$2,900,000$3,200,000$16,903 /mo all-in ↓

CR 48, YALAHA, FL, 34797

Active126 days on marketListed Mar 16, 2026MLS #G5109649

Reduced $300KBLOOMFIELD SUB

About this home

CR 48

Offered is a rare opportunity to own a 9 acre corner in the high growth area of Yalaha, Florida (Lake County). Currently zoned agricultural, this amazing corner hosts a u-pick blueberry, blackberry and peach farm along with a locally famous distillery, the Yalaha Bootleggers. With over 650' of frontage on CR 48 and 785' of frontage on Bloomfield Ave this property is an open canvas that is ready for development. The Villages sits just a few miles up the road on CR-48 once you cross 27 along with an exit to the Turnpike / I-75. Tavares, Leesburg, Howey in the Hills, Clermont and Montverde are all within a short distance as this location is positioned perfectly on CR 48 between HWY 19 and US 27. Existing structures on the property include a home from 1928 in great shape, a barn with an air bnb apartment upstairs, a small commercial kitchen, a "still house" and a farm store. Thousands of new homes are approved within a small radius of the property, along with a new Publix, currently in development. This location would be perfect for any shade of commercial, single or multifamily development. Inquire with your agent today.

Facts & features

The home at a glance

9.1 ac

Lot size

Inside

Outside & construction

FacesNorth

Community & fees

Taxes (2025)$83/yr

Utilities & systems

UtilitiesBB/HS Internet Available · Cable Connected · Electricity Available
WaterWell

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$16,903 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$15,648
PMI (est., until 20% equity)$1,088
Property tax — 2025 actual bill$7
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $290,000Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $290,000
Interest rate6.00%
Loan term

Estimated payment

$16,903/mo

Principal & interest$15,648
PMI (est., until 20% equity)$1,088
Property taxes (actual bill)$7
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Where it sits

Inside Yalaha

Map of CR 48

Get to know Yalaha. See the full Yalaha guide →

YALAHA 34797 — neighborhood snapshot

Population

1,142

Median age

71.5

Median income

$127,616

Median home value

$387,700

Avg household

1.96

Households w/ children

68%

For the school run

Lake County School District

HighLeesburg High School★★★★
MiddleOak Park Middle School★★★★
ElementaryLeesburg Elementary School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Yalaha market

Seller’s marketLeans buyer7.8 months of inventoryBuyer’s market

$521K$342K

Yalaha median sold, yr/yr

95.8%

Sale-to-list ratio (12 mo)

Median sold price, Yalaha, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 851% above the YALAHA 34797 median. See the full Yalaha market guide →

Paper trail

This home's history

CurrentPrice reduced to $2,900,000 $300K
Mar 16, 2026Listed at $3,200,000 · 126 days on market since

Reality check

What actually sold near CR 48

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

104 CLUSTERWOOD DRIVESold · Oct ’25

$284,500

104 CLUSTERWOOD DRIVE

3 bd · 2 ba · 1,277 sqft · $223/sqft · 177 DOM

18 E BAY AVENUESold · Jan ’26

$265,000

18 E BAY AVENUE

3 bd · 2 ba · 1,314 sqft · $202/sqft · 126 DOM

9230 GUAVA STREETSold · Oct ’25

$400,000

9230 GUAVA STREET

2 bd · 2 ba · 1,316 sqft · $304/sqft · 86 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about CR 48 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for CR 48 — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

Goes straight to David’s phone and CRM.

Straight answers

CR 48 FAQs

What would the monthly payment be for CR 48?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $16,903/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on CR 48?+

The most recent tax bill on record (2025) was $83. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in Yalaha?+

At $2,900,000, this home is listed about 851% above the Yalaha median of $305,000. The market section on this page shows how the area is trending.

Which schools are assigned to CR 48?+

Leesburg High School (high), Oak Park Middle School (middle), Leesburg Elementary School (elementary) — Lake County School District. Always verify school assignments with the district before relying on them.

Listing courtesy of CARLINO REAL ESTATE GROUP INC · Alex Vonhartman. MLS #G5109649.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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