This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/28
$330,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/28
Property Description
BRING YOUR VISION and unleash your HGTV skills on this incredibly spacious 5 BEDROOM, 3 BATHROOM home offering OVER 2,800 SQUARE FEET of living space, OVER HALF AN ACRE +IN-LAW SUITE, and NO HOA! If you've been searching for a home where you can renovate, customize, and truly make it your own, this property is packed with POTENTIAL! With its BLOCK/STUCCO construction, NEWER ROOF (2017), impressive living area, and oversized lot, this home provides a fantastic starting point for the buyer ready to roll up their sleeves and bring their ideas to life. The spacious kitchen offers an abundance of cabinetry, a center island, and an open connection to the dining and living areas, giving you plenty of opportunity to create an incredible gathering and entertaining space. The generously sized primary suite features an enormous approximately 10' x 10' WALK-IN CLOSET, while the additional bedrooms provide plenty of space for family, guests, a home office, or whatever fits your lifestyle. Laundry is located inside for your convenience. Newer electrical panel too! WOW! One of the property's biggest highlights is the separate IN-LAW SUITE! Complete with its own PRIVATE ENTRANCE, KITCHENETTE, FULL BATHROOM, and LIVING SPACE, this flexible area opens the door to MULTIGENERATIONAL LIVING, extended guests, a private home office, or other possibilities depending on a buyer's needs and applicable regulations. And then there's the LAND! Sitting on OVER HALF AN ACRE with a FULLY FENCED YARD and NO HOA, there is an incredible amount of outdoor space to work with. Dreaming of a pool? A workshop? Space for your recreational toys, pets, gardens, or outdoor entertaining? This property gives you ROOM TO DREAM! Yes, this home needs some TLC and updating, but that's exactly where the opportunity lies. With OVER 2,800 SQUARE FEET, a HALF-ACRE+ LOT, flexible IN-LAW SUITE, and NO HOA, the foundation is here to transform this property into something truly special. Come see this majestic home before it is too late. Conveniently located just off Highway 27 and only minutes from shopping, dining, everyday conveniences, and Florida's Turnpike, you'll have plenty of space without sacrificing accessibility. Bring your contractor, your imagination, and your renovation ideas, then come see the POTENTIAL for yourself! Schedule your private showing TODAY!
Full Property Details
Full Property Details for 4020 Magnolia Dr
General
- Price: $330,000
- Taxes: $1,908 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: O6444187
- Updated: 9/25/2026
- Added to Site: 1 day(s) ago
Rental Information
- Min. Lease: 8-12 Months
Interior
- Number of Rooms: 8
- Interior Features: Ceiling Fan(s), Thermostat, Walk-In Closet(s)
- Appliances: Range, Range Hood, Refrigerator
- Furnishings: Unfurnished
- Flooring: Carpet, Ceramic Tile, Laminate
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Inside, Laundry Room
Exterior
- Exterior Features: French Doors
Location
- Area: 34748 - Leesburg
- County: Lake
- Development Name: 34748 - Leesburg
- Subdivision: RAVENSWOOD PARK
- Driving Directions: From Florida's Turnpike North, Take exit 285 toward Leesburg onto US-27 N (US Highway 27). Go for 12 mi. Turn left onto Magnolia Ave and stay to the right, follow the road and the home will be on your left.
- Direction Faces: South
School Information
- Elementary School: Leesburg Elementary
- Middle School: Oak Park Middle
- High School: Leesburg High
Community
- Community Name: 34748 - Leesburg
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Public
Structural Information
- Exterior Const.: Block, Brick, Stucco
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 2,854
- Sq. Ft. Source: Public Records
- Year Built: 1966
Lot Features
- Lot Size (Acres): 0.58
- Lot Size (Sq. Ft.): 25,064
- Lot Size: 25064
- Lot Dimensions: 180 x 140
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $1,908.02
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: RAVENSWOOD PARK LOTS 28 29 PB 17 PG 42 ORB 1029 PG 2022
- Flood Zone Info: X
- APN: 22024040000002800
- Property ID: 22024040000002800
Listed by The Shugan Group Inc
Get Pre-Approved Today
Schools
Schools serving 4020 Magnolia Dr
School District:Lake County School District
| Name | Grades | Distance |
|---|---|---|
Leesburg Elementary School 2229 South Street, Leesburg, FL 34748 | PK-5 | 2.1 mi |
Oak Park Middle School 2101 South Street, Leesburg, FL 34748 | 6-8 | 2.2 mi |
Leesburg High School 1401 Yellow Jacket Way, Leesburg, FL 34748 | 9-12 | 2.4 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 4020 Magnolia Dr
Date
Details
Price
Change
Source
9/25/2026
Listed
$330,000
—
MLS
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 4020 Magnolia Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,853
—
$122,740
3%
2024
$1,853
15%
$119,290
3%
2023
$1,609
18%
$115,820
6%
2021
$1,368
-3%
$109,178
-3%
2022
$1,416
4%
$112,450
4%
2021
$1,368
3%
$107,671
4%
2018
$1,326
5%
$103,289
2%
2017
$1,265
1%
$101,165
2%
2016
$1,257
-2%
$99,085
1%
2015
$1,280
-8%
$98,397
-7%
2019
$1,397
9%
$105,251
8%
2014
$1,282
4%
$97,617
1%
2013
$1,231
—
$96,175
—
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 4020 Magnolia Dr
4020 Magnolia Drive, Leesburg, FL 34748 (MLS# O6444187) is a Single Family property with 5 bedrooms and 3 full bathrooms. 4020 Magnolia Drive is currently listed for $330,000 and was received on September 25, 2026. Want to learn more about 4020 Magnolia Drive? Do you have questions about finding other Single Family real estate for sale in Leesburg? You can browse all Leesburg real estate or contact a Coldwell Banker agent to request more information.

