41204 EMERALDA ISLAND ROAD, LEESBURG, FL, 34788
Active514 days on marketListed Mar 14, 2025MLS #O6288414
About this home
41204 EMERALDA ISLAND ROAD
PRICED TO SELL! This estate can be divided into four 5 ACRE LOTS for a family compound if needed. Nestled on 22.5 picturesque acres, 41204 Emeralda Island Rd is a dream property for horse enthusiasts, trainers, or investors. The property boasts lush pastures and two separate entrances, offering endless possibilities for private use, an equine business, or sub-leasing. At the heart of the facility is a thoughtfully designed center-aisle barn featuring 8 spacious matted stalls, each with its own electrical outlet for fans or lights and a 40 Amp RV electrical connection. Flexible removable dividers allow for larger stalls or foaling stalls as needed. The barn also includes two wash racks/tack-up centers, cross ties, an oversized tack room/feed room, and a welcoming sitting area — perfect for relaxing after a day with the horses. A separate, oversized, cleared and fenced pasture is located off of of the secondary entrance already equipped with a lean-to, run-in stall, perfect for easy sub-lease conversion OR quarantine stalling for new equine additions. While value is in the land, the manufactured home (30 year metal roof) on site provides established well, septic, electric, and associated impact fees paid. Located just one hour from the World Equestrian Center (WEC), this versatile property combines functionality, comfort, and prime location — ready to bring your equestrian vision to life.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,680
Sqft
22.5 ac
Lot size
1980
Year built
One
Levels
$476
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$4,884 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
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
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$4,884/mo
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.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+319.2%
$/sqft vs N/A
$476 vs $284
Days on market
514 vs 62 typical
Where $476/sqft sits among the 237 homes for sale in N/A
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Leesburg
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Leesburg. See the full Leesburg guide →
LEESBURG 34788 — neighborhood snapshot
Population
21,867
Median age
56.4
Median income
$57,477
Median home value
$168,900
Avg household
2.33
Households w/ children
1,648
For the school run
Lake County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Leesburg market
$269K → $290K
Leesburg median sold, yr/yr
96.1%
Sale-to-list ratio (12 mo)
106 of 237
N/A have cut their price
Median sold price, Leesburg, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 171% above the LEESBURG 34788 median. See the full Leesburg market guide →
Paper trail
This home's history
Reality check
What actually sold near 41204 EMERALDA ISLAND ROAD
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$299,255
4230 NORTH ROAD · same community
2 bd · 2 ba · 1,704 sqft · $176/sqft · 32 DOM
Sold · Dec ’25$250,000
280 OVEROCKER CIRCLE · same community
5 bd · 2 ba · 1,636 sqft · $153/sqft · 10 DOM
Sold · Dec ’25$388,750
2103 NW 142ND AVENUE · same community
3 bd · 2 ba · 1,728 sqft · $225/sqft · 0 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.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 41204 EMERALDA ISLAND ROAD — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 41204 EMERALDA ISLAND ROAD — 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.
Straight answers
41204 EMERALDA ISLAND ROAD FAQs
What would the monthly payment be for 41204 EMERALDA ISLAND ROAD?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,884/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 41204 EMERALDA ISLAND ROAD?+
The most recent tax bill on record (2024) was $1,282. 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 Leesburg?+
At $800,000, this home is listed about 168% above the Leesburg median of $299,000. The market section on this page shows how the area is trending.
Which schools are assigned to 41204 EMERALDA ISLAND ROAD?+
Treadway Elementary School (elementary), Leesburg High School (high), Oak Park Middle School (middle) — Lake County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$800,000 runs 171% above the LEESBURG 34788 median.
02Time on market is leverage
514 days on market against a Leesburg median of 62 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $1,300,000, now $800,000 — a $500K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of RE/MAX TOWN & COUNTRY REALTY · Randy Adams PA. MLS #O6288414.
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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