1150 Peninsula Drive, Tavares, FL 32778 - Photo 1

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$800,000

For Sale
Active
Lots/Land
0.91 Acres

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Property Description

Now offered at a NEW price, reflecting the seller's motivation to reach the right buyer. What a rare find! This special LAKEFRONT lot is nearly an acre in size and sits directly on Lake Harris - the largest lake in Central Florida's famous Harris Chain-of-Lakes. Ready to build your dream home? All the hard work has already been done developing this lot - just bring your builder! The lot is cleared & leveled (with an updated survey), soil & environmental testing is complete, and the lot pad is certified & ready for slab. Impact fees have already been paid, too! The property will also come with a gated entry - which will be installed this year. As a bonus, full plans for a 5,700 sqft home are ready to go to permitting! And by July 2026, the property will be eligible to tie into city water & sewer. Prefer to start from scratch and create your own plans? No problem - there is no timeline to build here. This is a premium lot located in an exclusive peninsula community with just 16 other homes. Imagine enjoying the perfect Florida sunset from your future dock, backyard pool, or living room. In fact, you can take your boat directly from your private dock/boathouse to one of the many restaurants & bars along Lake Harris, Lake Eustis & Lake Dora. Chain-of-Lakes property is in high demand, and "ready-to-build" parcels like this don't come on the market often. Make an appointment now to see this special property in person.

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Full Property Details

Full Property Details for 1150 Peninsula Dr

General

Price: $800,000
HOA FEE: $167/month
HOA FEE FREQ.: Annually
Taxes: $9,375 (2025)
Status: Active
Type: Lots/Land
Source: MidFloridaRegionalMLS
MLS ID: G5096848
Updated: 10/7/2025
Added to Site: 253 day(s) ago

Location

Area: 32778 - Tavares / Deer Island
County: Lake
Development Name: 32778 - Tavares / Deer Island
Subdivision: THE PENINSULA ON LAKE HARRIS
Driving Directions: From SR-19 Northbound. Make a Left onto Lane Park Road. Make a Left on Peninsula Dr. Property is on the Left.
Direction Faces: East

Community

Community Name: 32778 - Tavares / Deer Island
Community Features: Lake, Water Access, Waterfront, Deed Restrictions
Association: Yes
Assoc. Name: Tom Heerschap
Assoc. Fees Include: Common Area Taxes, Escrow Reserves Fund, Private Road
Number of Pets: 2
Pet Restrictions: Verify with HOA

Utilities

Sewer: None, Septic Needed
Water District: LAKE HARRIS
Water: Well Required
Utility Description: BB/HS Internet Available, Electricity Available, Underground Utilities

Structural Information

Current Bldg. Use: Residential

Lot Features

Property View: Water
Lot Size (Acres): 0.91
Lot Size (Sq. Ft.): 39,789
Lot Size: 39789
Lot Dimensions: 150 x 263 x 152 x 264
Frontage: Street Paved, Private Road
Street/Road Desc.: Paved, Asphalt

Water Features

Water Front: Yes
Water View: Yes
Water Access: Yes
Water Access Desc: Lake, Lake - Chain of Lakes
Water Extras: Yes
Water Front Name: LAKE HARRIS
Water Front Desc.: Lake, Waterfront, Lake Front, Lake - Chain of Lakes

Financial Considerations

Price Per Acre: $879,121
Association Fee: $2,000
Assoc Fee Freq.: Annually
Assoc Fee Desc.: Required
Tax Amount: $9,375.39
Tax Year: 2025

Disclosures and Reports

Ownership: Fee Simple
Special Conditions: None
Legal Description: TAVARES, A REPLAT OF THE PENINSULA SUB LOT 17 PB 36 PGS 32-34 ORB 6423 PG 765
Flood Zone Info: X
APN: 351925200500001700
Property ID: 351925200500001700

Listed by Engel & Volkers Orlando Dr Phillips

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Schools

Schools serving 1150 Peninsula Dr

School District:Lake County School District

Name	Grades	Distance
Tavares Elementary School 720 East Clifford Street, Tavares, FL 32778	PK-5	3.9 mi
Tavares Middle School 1335 Lane Park Cutoff Road, Tavares, FL 32778	6-8	3 mi
Tavares High School 603 North New Hampshire Avenue, Tavares, FL 32778	9-12	3.4 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1150 Peninsula Dr Get Price Alerts and Save Property

Date

Details

Price

Change

Source

10/07/2025

Price Reduced

$800,000

-8.57%

MLS

5/31/2025

Price Reduced

$875,000

-4.37%

MLS

5/09/2025

Listed

$915,000

—

MLS

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1150 Peninsula Drive, Tavares, FL 32778 (MLS# G5096848) is a Lots/Land property with a lot size of 0.91 acres. 1150 Peninsula Drive is currently listed for $800,000 and was received on May 09, 2025. Want to learn more about 1150 Peninsula Drive? Do you have questions about finding other Lots/Land real estate for sale in Tavares? You can browse all Tavares real estate or contact a Coldwell Banker agent to request more information.

1150 Peninsula Dr Tavares, FL 32778