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$875,000
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Property Description
Rare opportunity to own 5 acres of highly versatile land near Orlando, Clermont, and Winter Garden, located at 16838 Old Highway 50 in one of Lake County's rapidly growing corridors. With 300 feet of frontage and already divided into three parcels, this property features agricultural, commercial, and residential zoning, creating endless possibilities for developers, builders, investors, or anyone searching for Orlando land for sale, Clermont development land, Winter Garden acreage, or Central Florida investment property. Positioned in a high-growth area with ongoing expansion and development, the property is ideal for residential development, mixed-use projects, future commercial opportunities, equestrian use, farming, or multi-generational living. There is ample space for animals, horses, barns, stables, workshops, and agricultural operations, offering flexibility for both personal and investment use. As an added bonus, the property includes two manufactured homes. One has been fully remodeled within the last two years with a new kitchen, updated flooring, and extensive renovations completed down to the studs, making it suitable for immediate occupancy or rental income. The second manufactured home is a 4-bedroom, 2-bath residence currently used for storage, but it can easily be converted into a guest home, in-law suite, or additional living space. The property also features a city-converted self-watering system, with additional details available from the listing agent. With flexible zoning, prime frontage, rare acreage, and close proximity to Orlando, Clermont, and Winter Garden growth areas, this is an exceptional opportunity to secure Central Florida land with significant future upside. **This house comes with a REDUCED RATE through the seller's preferred lender. This is a lender-paid rate buydown that reduces the buyer's interest rate and monthly payment.**
Full Property Details
Full Property Details for 16838 Old Hwy 50
General
- Price: $875,000
- Taxes: $4,786 (2025)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: O6406199
- Updated: 5/21/2026
- Added to Site: 60 day(s) ago
Location
- Area: 34787 - Winter Garden/Oakland
- County: Lake
- Development Name: 34787 - Winter Garden/Oakland
- Subdivision: LAKE HIGHLANDS 23-22-26
- Driving Directions: Take ramp onto I-4 W (SR-400) toward Tampa. Take exit 82 toward Ocoee onto SR-408-TOLL W (East-West Expy). Take theexit toward Florida's Tpke North/Ocala onto Florida's Tpke. Take exit 272 toward SR-50 W/Clermont. Turn left onto W Colonial Dr (SR-50 W). Turnright onto W Oakland Ave (SR-438). Keep right toward Old CR-50 E/SR-438 W. Take the 3rd exit from roundabout onto Old CR-50 E (SR-438 W).
- Direction Faces: South
School Information
- Elementary School: Grassy Lake Elementary
- Middle School: East Ridge Middle
- High School: Lake Minneola High
Community
- Community Name: 34787 - Winter Garden/Oakland
Utilities
- Sewer: Septic Tank
- Water: None
- Utility Description: Electricity Available, Sewer Connected
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 4.94
- Lot Size (Sq. Ft.): 215,186
- Lot Size: 4.94
- Lot Dimensions: 755 x 255
- Frontage: Street Paved
- Street/Road Desc.: Paved, Asphalt
Financial Considerations
- Price Per Acre: $177,126
- Tax Amount: $4,786.85
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LAKE HIGHLANDS 23-22-26 PB 4 PG 11 FROM THE NORTHEAST CORNER OF THE SOUTHEAST 1/4 OF SECTION 23 TOWNSHIP 22 SOUTH RANGE 26 EAST RUN NORTH 89-32-00 WEST ALONG THE MID-SECTION LINE 713.77 FEET, SOUTH 31-36-00 EAST 268.29 FEET FOR THE POINT OF BEGINNING, CONTINUE SOUTH 31-36-00 EAST 300 FEET, NORTH 89-32-00 WEST 913.28 FEET, NORTH 00-18-00 EAST 254.22 FEET, SOUTH 89-32-00 EAST 754.72 FEET TO THE POINT OF BEGINNING, BEING PART OF TRACTS 33 & 34 ORB 5311 PG 1200
- Flood Zone Info: X
- APN: 92226100003300000
- Property ID: 92226100003300000
- Block/Lot/Section: 33
Listed by Keller Williams Realty At The Parks
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Schools
Schools serving 16838 Old Hwy 50
School District:Lake County School District
| Name | Grades | Distance |
|---|---|---|
Grassy Lake Elementary School 1100 Fosgate Road, Minneola, FL 34715 | PK-5 | 3.7 mi |
East Ridge Middle School 13201 Excalibur Road, Clermont, FL 34711 | 6-8 | 2.9 mi |
Lake Minneola High School 101 North Hancock Road, Minneola, FL 34715 | 9-12 | 3.2 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 16838 Old Hwy 50
Date
Details
Price
Change
Source
5/08/2026
Listed
$875,000
218.18%
MLS
1/04/2023
Sold
$275,000
—
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 16838 Old Hwy 50
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,131
—
$238,768
95%
2024
$3,131
14%
$122,396
1%
2023
$2,742
19%
$120,834
9%
2022
$2,300
5%
$110,375
11%
2021
$2,189
-3%
$99,589
3%
2019
$2,256
77%
$97,099
44%
2018
$1,275
7%
$67,318
2%
2017
$1,192
-1%
$65,934
2%
2016
$1,200
-1%
$64,578
1%
2015
$1,215
-1%
$64,130
1%
2014
$1,228
3%
$63,622
1%
2013
$1,188
—
$62,682
—
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 16838 Old Hwy 50
16838 Old Highway 50, Winter Garden, FL 34787 (MLS# O6406199) is a Lots/Land property with a lot size of 4.94 acres. 16838 Old Highway 50 is currently listed for $875,000 and was received on May 08, 2026. Want to learn more about 16838 Old Highway 50? Do you have questions about finding other Lots/Land real estate for sale in Winter Garden? You can browse all Winter Garden real estate or contact a Coldwell Banker agent to request more information.

