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$379,900
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Property Description
PRICE IMPROVEMENT! HOME WARRANTY INCLUDED! Exceptional investment opportunity on 7.5 fully fenced and gated acres, zoned agricultural and offering multiple paths to value. This unique property features two separate homes on individual parcels, each with its own well, septic, and utilities-a rare setup ideal for rental income, redevelopment, or future subdivision. The main residence is a 4-bedroom, 2-bath home with a large bonus room featuring a wet bar, easily adaptable for additional living space, a home office, or rental potential. The second dwelling, while in need of updates, provides value-add upside and flexibility for long-term rental, short-term use, or multi-generational living. With ample acreage, the property supports a wide range of income-producing or development options, including agricultural use, equestrian facilities, hobby farming, or a subdivide opportunity. Located in a peaceful rural setting yet just minutes from Brownwood Town Square in The Villages, the property benefits from proximity to one of Florida's most active and rapidly growing markets. Easy access to major highways provides convenient travel to both coasts' beaches and Orlando's theme parks, enhancing long-term desirability. Whether you're seeking a cash-flow opportunity, land investment, or value-add project, this property delivers flexibility, location, and upside. Check out this rare offering and schedule your private showing today.
Full Property Details
Full Property Details for 1151 Emma Ln
General
- Price: $379,900
- Taxes: $2,986 (2023)
- Status: Active
- Type: Mobile Home
- Source: MidFloridaRegionalMLS
- MLS ID: G5086659
- Updated: 3/5/2026
- Added to Site: 468 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 11
- Interior Features: Ceiling Fan(s), Dry Bar, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Thermostat, Wet Bar
- Fireplace: Yes
- Fireplace(s): Wood Burning
- Appliances: Built-In Oven, Dishwasher, Electric Water Heater, Exhaust Fan, Range, Refrigerator
- Flooring: Carpet, Laminate, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside, Laundry Room
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Other
- Deck/Patio: Deck
- Porch/Patio/Deck: Deck
Location
- Area: 34748 - Leesburg
- County: Lake
- Development Name: 34748 - Leesburg
- Subdivision: N/A
- Driving Directions: From I75, take 44 East to south (right) onto Whitney Rd, then left onto Whitney Lane. Follow road to house on left. From US 27, take 44 West to south (left) ) onto Whitney Rd, then left onto Whitney Lane. Follow road to the main house on left #1143.The guest house is #1151.
- Direction Faces: Southwest
Community
- Community Name: 34748 - Leesburg
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric, Heat Pump
Utilities
- Sewer: Septic Tank
- Water: See Remarks, Well
- Utility Description: Electricity Connected
Structural Information
- Exterior Const.: Vinyl Siding
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 2,280
- Sq. Ft. Source: Public Records
- Year Built: 2003
Manufactured Home
- Mobile Home Type: Double Wide
Additional Structures
- Other Structures: Additional Single Family Home, Guest House
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 7.5
- Lot Size (Sq. Ft.): 326,700
- Lot Size: 7.5
- Frontage: Street Dead-End, Private Road
- Street/Road Desc.: Gravel, Other
- Fencing (Description): Chain Link
Financial Considerations
- Tax Amount: $2,986
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: See exhibit A
- Flood Zone Info: AE
- APN: 291924000200002003
- Property ID: 291924000200002003
Listed by Era Grizzard Real Estate
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Schools
Schools serving 1151 Emma Ln
School District:Lake County School District
| Name | Grades | Distance |
|---|---|---|
Leesburg Elementary School 2229 South Street, Leesburg, FL 34748 | PK-5 | 2.2 mi |
Oak Park Middle School 2101 South Street, Leesburg, FL 34748 | 6-8 | 2.3 mi |
Leesburg High School 1401 Yellow Jacket Way, Leesburg, FL 34748 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1151 Emma Ln
Date
Details
Price
Change
Source
3/05/2026
Price Reduced
$379,900
-3.8%
MLS
2/04/2026
Price Reduced
$394,900
-1.25%
MLS
12/31/2025
Price Reduced
$399,900
-5.91%
MLS
11/10/2025
Price Reduced
$425,000
-0.93%
MLS
10/14/2025
Price Reduced
$429,000
-2.28%
MLS
8/25/2025
Price Reduced
$439,000
-1.13%
MLS
8/01/2025
Price Reduced
$444,000
-1.11%
MLS
6/13/2025
Price Reduced
$449,000
-8.35%
MLS
5/28/2025
Price Reduced
$489,900
-2%
MLS
4/25/2025
Price Reduced
$499,900
-1.79%
MLS
4/17/2025
Price Reduced
$509,000
-3.78%
MLS
1/27/2025
Price Reduced
$529,000
-0.17%
MLS
12/17/2024
Price Reduced
$529,900
-3.64%
MLS
12/03/2024
Listed
$549,900
139.09%
MLS
9/29/2005
Sold
$230,000
—
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 1151 Emma Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,466
—
$227,200
3%
2024
$3,466
16%
$220,800
3%
2023
$2,986
19%
$214,370
6%
2021
$2,511
-3%
$202,073
-3%
2022
$2,600
4%
$208,130
4%
2021
$2,511
4%
$199,284
4%
2018
$2,426
5%
$191,172
2%
2017
$2,306
-1%
$187,240
1%
2016
$2,320
-2%
$185,370
1%
2015
$2,362
-8%
$184,082
-6%
2019
$2,558
8%
$194,804
7%
2014
$2,365
4%
$182,622
1%
2013
$2,278
—
$179,952
—
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 1151 Emma Ln
1151 Emma Lane, Leesburg, FL 34748 (MLS# G5086659) is a Mobile Home property with 4 bedrooms and 2 full bathrooms. 1151 Emma Lane is currently listed for $379,900 and was received on December 03, 2024. Want to learn more about 1151 Emma Lane? Do you have questions about finding other Mobile Home real estate for sale in Leesburg? You can browse all Leesburg real estate or contact a Coldwell Banker agent to request more information.

