This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/49
$1,499,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/49
Property Description
One or more photo(s) has been virtually staged. Exceptional 40± Acre Agricultural Opportunity in Lake County - Turnkey Hemp Operation or Private Ranch Potential Rarely does a property like this become available. Spanning approximately 40 acres, this former fernery-now operating as a licensed hemp production facility-offers a unique blend of established infrastructure, income potential, and future versatility. The property is fully equipped for agricultural use with multiple wells, high-capacity diesel-powered irrigation systems (4", 8", and 10" lines), and extensive greenhouse/shade structures that can be utilized for continued cultivation or removed to create a blank slate for alternative uses. At the center of the operation is an updated warehouse featuring new A/C, two walk-in coolers, and ongoing build-out of a commercial-grade kitchen, storage areas, and large submerged tanks-providing flexibility for processing, storage, or expansion of operations. Additional improvements include barns, equipment storage, office space, and multiple outbuildings to support a wide range of agricultural or business needs. Beyond its functionality, the property offers a beautiful natural setting with open pasture, scattered oak trees, a small pond, and abundant wildlife-creating an ideal backdrop for a private estate, ranch, or multi-use agricultural venture. Residential features include a ~2,300 sq ft home with an inground pool (ready for updates to make it your own), as well as a secondary mobile home with a newer roof. Infrastructure upgrades include a new well pump, updated interior lighting, flooring, and paint in the main home, along with recently serviced and certified septic systems. Tucked away just 1/4 mile off a county road on a quiet dead-end street, the gated entrance ensures privacy while still maintaining convenient access. Whether you're looking to continue hemp production, revive the nursery operation, diversify agricultural use, or create a private compound-this property offers unmatched flexibility and opportunity. Endless possibilities with infrastructure already in place.
Full Property Details
Full Property Details for 40945 Beach
General
- Price: $1,499,000
- Taxes: $11,237 (2025)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: O6396224
- Updated: Today (4/4/2026)
- Added to Site: Today
Location
- Area: 32736 - Eustis
- County: Lake
- Development Name: 32736 - Eustis
- Subdivision: N/A
- Driving Directions: SR44 E to Spruce and follow to Beach at end. Gated Entry.
Community
- Community Name: 32736 - Eustis
- Pet Restrictions: Check with County for any pet restrictions
Utilities
- Sewer: Septic Tank
- Water: Well
- Utility Description: Electricity Available, Water Available
Structural Information
- Current Bldg. Use: Agricultural
Additional Structures
- Other Structures: Other, Workshop
Lot Features
- Lot Size (Acres): 40.74
- Lot Size (Sq. Ft.): 1,774,634
- Lot Size: 40.74
- Lot Dimensions: 1329 x 1337 x 1336 x 1333
- Frontage: Street Dead-End, Access Road
- Street/Road Desc.: Paved
Financial Considerations
- Price Per Acre: $36,794
- Assoc Fee Desc.: None
- Tax Amount: $11,237
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SE 1/4 OF SW 1/4--LESS FROM S 1/4 COR RUN N 89DEG 21MIN 44SEC W 654.59 FT, N 00DEG 30MIN 31SEC E 436.85 FT, S 89DEG 16MIN 30SEC W 252.64 FT, N 00DEG 45MIN 28SEC W 182.83 FT FOR POB, CONT N 00DEG 45MIN 28SEC N 344.50 FT, S 89DEG 27MIN 25SEC E 470.28 FT, S 01DEG 15MIN 48SEC E 182.53 FT, S 71DEG 27MIN 26SEC W 495.44 FT TO POB-- ORB 6010 PG 1937
- Flood Zone Info: X, AE, A
- APN: 05 18 29 0003 000 02100
- Property ID: 05 18 29 0003 000 02100
Listed by Homevest Realty
Get Pre-Approved Today
Price & Sales History for 40945 Beach
Date
Details
Price
Change
Source
4/04/2026
Listed
$1,499,000
38.8%
MLS
8/05/2022
Sold
$1,080,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 40945 Beach
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,655
16%
$292,810
14%
2023
$4,015
39%
$256,502
41%
2021
$2,891
-10%
$181,400
-13%
2022
$3,228
12%
$209,232
15%
2021
$2,891
2%
$181,596
10%
2018
$2,823
-8%
$164,887
-7%
2019
$3,073
16%
$177,596
14%
2017
$2,653
-1%
$155,356
—
2016
$2,689
-2%
$154,617
1%
2015
$2,750
—
$153,321
1%
2014
$2,755
6%
$151,826
1%
2013
$2,594
—
$149,809
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 40945 Beach
40945 Beach, Eustis, FL 32736 (MLS# O6396224) is a Lots/Land property with a lot size of 40.74 acres. 40945 Beach is currently listed for $1,499,000 and was received on April 04, 2026. Want to learn more about 40945 Beach? Do you have questions about finding other Lots/Land real estate for sale in Eustis? You can browse all Eustis real estate or contact a Coldwell Banker agent to request more information.

