David Ramirez
$1,150,000$1,350,0003 bd3.5 ba3,207 sqft$359 /sqft$7,629 /mo all-in ↓

416 HANCOCK ROAD, LEESBURG, FL, 34748

Active377 days on marketListed Jul 11, 2025MLS #OM705206

Reduced $200KWaterfrontSingle Family ResidenceACREAGE

About this home

416 HANCOCK ROAD

9-acre LAKEFRONT DREAM HOME ON LAKE GRIFFIN with NEW CUSTOM SCREENED IN $250K BOATHOUSE with high-end kitchen and grill! Plus bonus WORKSHOP/fish house with garage on the property. This beautiful 3 bedroom 3.5 bath home offers 3,200 sqft. The property stands majestically on an expansive 9-acre lot with a vast lawn that gently slops towards the pristine shores of Lake Griffin. The architecture of the house perfectly captures the essence of LAKESIDE LIVING, with large sliding doors/ windows that provide breathtaking views of the shimmering waters and draw in an abundance of natural light. Lake Griffin is one of the most pristine lakes amount he CHAIN OF LAKES in Florida. the beautiful body of water stretches over 9,400 acres and offers a serene and picturesque setting for water enthusiast and nature lovers alike. As you walk inside, the hardwood floors in the foyer exude warmth and elegance, seamlessly blending with the soothing color palette that mirrors the tranquil blues and greens of the lake.The FRENCH DOORS will bring you to the living area. The OPEN-CONCEPT all-tile layout enhances the flow of the home, creating a sense of cohesion between the living area with gas FIREPLACE, Formal dining room, and spacious gourmet kitchen, equipped with top-of-the-line STAINLESS STEEL appliances, wood cabinets, GRANITE COUNTERS, and a large bar. It was evident that no expense was spared in creating a space that combines functionality and beauty for even the most discerning culinary enthusiast. Right next to the kitchen, you will find a 9 X 32 SUNROOM which is a perfect space for entertaining along with a recently renovated hallway with a BAR. The primary bedroom off the foyer exudes relaxation and comfort. Large WALK-in CLOSET. The windows provide panoramic views of the lake, while the en-suite bathroom boasts a spa-like atmosphere complete with a deep soaking TUB, DUAL vanities, and a separate shower. All Bedrooms have their own private bathroom. An Extra 4th bedroom can be built upstairs in the unfinished ATTIC Space. Beautiful SCREENED In 47 X 14 LANAI where you can enjoy entertaining family and friends or relaxing on the lounge chairs looking at the incredible picturesque backyard with lakefront views. The Owners went all out in making this the perfect lake house by adding a $250k custom BOAT DOCK with jet sky launch and SCREENED in KITCHEN with BBQ GRILL, SINK, and FRIDGE. A BREATHTAKING LOUNGE area to enjoy the SUNSET and incredible view of the LAKE. Take your boat out and enjoy BASS fishing or boating around the chain of lakes, visiting Mt Dora and surrounding areas. The home has a 2 car carport but there is an additional detached garage/FISH HOUSE WORKSHOP along with a covered 3 carport for extra vehicles/trailers for a total of 6 spaces. This waterfront home on Lake Griffin is truly a gem in the Chain of Lakes. Its elevated design, attention to detail, and luxurious amenities make it an ideal retreat for those seeking a truly exceptional lakeside living experience with NO HOA. It was apparent that the owners had masterfully curated this space, ensuring that every waking moment in this luxury haven was one of serenity and rejuvenation. There are 3 parcels included in this sale and can be split if desired. This property is currently a very sucessful short term rental.

Facts & features

The home at a glance

3

Bedrooms

3.5

Bathrooms

3,207

Sqft

1.24 ac

Lot size

2

Garage

1938

Year built

One

Levels

$359

Per sqft

WaterfrontPets allowed

Inside

FlooringLaminate · Tile
AppliancesDishwasher · Dryer · Range · Refrigerator · Washer
InteriorCeiling Fan(s) · Eating Space In Kitchen · Kitchen/Family Room Combo · Open Floorplan · Primary Bedroom Main Floor · Split Bedroom · Walk-In Closet(s) · Window Treatments
LaundryInside
CoolingCentral Air · Zoned
HeatingCentral · Propane · Zoned

Outside & construction

RoofShingle
ConstructionBlock · Stucco · Wood Frame
FoundationCrawlspace
FacesSoutheast
ExteriorStorage

Community & fees

Taxes (2024)$9,993/yr
PetsYes

Utilities & systems

UtilitiesElectricity Connected · Other · Water Connected
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.

$7,629 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$6,205
PMI (est., until 20% equity)$431
Property tax — 2024 actual bill$833
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $115,000Loan30-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% · $115,000
Interest rate6.00%
Loan term

Estimated payment

$7,629/mo

Principal & interest$6,205
PMI (est., until 20% equity)$431
Property taxes (actual bill)$833
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.

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.

$/sqft vs ACREAGE

$359 vs $340

Days on market

377 vs 50 typical

Where $359/sqft sits among the 151 homes for sale in ACREAGE

61
51 · this home
22
6
0
11
$145–311$311–477$477–642$642–808$808–974$974+

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

Map of 416 HANCOCK ROAD

Drive times from this address

Downtown Orlando55 min
Universal Orlando58 min
Walt Disney World66 min
Orlando Int’l Airport (MCO)70 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Leesburg. See the full Leesburg guide →

LEESBURG 34748 — neighborhood snapshot

Population

45,960

Median age

60.4

Median income

$53,768

Median home value

$226,200

Avg household

2.14

Households w/ children

3,516

For the school run

Lake County School District

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

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

The numbers that matter

The Leesburg market

Seller’s marketBalanced6.8 months of inventoryBuyer’s market

$281K$261K

Leesburg median sold, yr/yr

96.2%

Sale-to-list ratio (12 mo)

61 of 151

ACREAGE have cut their price

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

This home is listed 311% above the LEESBURG 34748 median. See the full Leesburg market guide →

Paper trail

This home's history

CurrentPrice reduced to $1,150,000 $200K
Jul 11, 2025Listed at $1,350,000 · 377 days on market since
1938Built · ACREAGE

Reality check

What actually sold near 416 HANCOCK ROAD

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

17125 ORWELL ROADSold · Nov ’25

$830,000

17125 ORWELL ROAD · same community

5 bd · 3 ba · 3,084 sqft · $269/sqft · 48 DOM

34961 EASTERLING ROADSold · Dec ’25

$925,000

34961 EASTERLING ROAD · same community

3 bd · 3 ba · 2,918 sqft · $317/sqft · 70 DOM

2780 W LAKE HAMILTON DRIVESold · Dec ’25

$610,000

2780 W LAKE HAMILTON DRIVE · same community

4 bd · 3 ba · 2,586 sqft · $236/sqft · 14 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 416 HANCOCK ROAD — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 416 HANCOCK 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.

Goes straight to David’s phone and CRM.

Straight answers

416 HANCOCK ROAD FAQs

What would the monthly payment be for 416 HANCOCK ROAD?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $7,629/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 416 HANCOCK ROAD?+

The most recent tax bill on record (2024) was $9,993. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 416 HANCOCK ROAD?+

The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

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

At $1,150,000, this home is listed about 290% above the Leesburg median of $294,900. The market section on this page shows how the area is trending.

Which schools are assigned to 416 HANCOCK ROAD?+

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

The brief

Four things that matter here

01Positioned at the premium end

$1,150,000 runs 311% above the LEESBURG 34748 median — but at 3,207 sqft it's also nearly twice the size of the typical Leesburg listing.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Time on market is leverage

377 days on market against a Leesburg median of 50 — sellers in this position are usually ready to negotiate.

04The price has already moved

Listed at $1,350,000, now $1,150,000 — a $200K cut. The full history is in the market section below.

Listing courtesy of KELLER WILLIAMS CORNERSTONE RE · Mark Lyon. MLS #OM705206.

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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