$825,000

About this home

25-Acre Versatile Estate & Agri-Business Asset in Groveland – Exceptional Future Development Potential Welcome to the former Hoban Grove, a rare and highly versatile 25-acre landmark estate in the heart of Groveland, Florida. Positioned directly adjacent to the renowned Cherry Lake Nursery, this premier acreage seamlessly bridges the gap between a turn-key agricultural operation, a luxury waterfront homestead, and a strategic long-term investment. Rich with history, the property has transitioned from a thriving citrus nursery into a fully functional livestock operation, currently home to a flourishing goat farm. Whether you are looking to scale an agribusiness, build a private family compound, or capitalize on Central Florida’s rapid growth through future development, this parcel offers a canvas of unlimited potential. Unmatched Property Assets & Infrastructure The Land: 25 expansive acres featuring high-quality, fertile soil and a thoughtful layout composed of multiple open, fenced pastures ready for immediate use. Private 8-Acre Pond: A breathtaking focal point anchoring the property, offering incredible utility for aquaculture, irrigation, recreational fishing, or a stunning backdrop for a luxury estate. On-Site Residence: The existing private home provides a solid foundation for comfortable country living, an immediate owner-operator headquarters, or a rental income stream while you plan your expansion. Endless Possibilities: Live, Work, or Develop This property is uniquely positioned to cater to multiple high-value use cases: Agribusiness & Equestrian Hub: Perfect for continued livestock operations, crop cultivation, or transformation into a premier equestrian facility with ample room for stables, arenas, and riding trails. The Ultimate Luxury Homestead: Build a custom architectural masterpiece overlooking the private 8-acre oasis, enjoying total rural privacy and the beautiful neighboring canopies of Cherry Lake Nursery. Future Development Potential: Strategically located in Lake County’s path of progress. With its expansive road frontage and proximity to established hubs, this tract offers excellent long-term development or subdivision potential for residential or specialized use, upon county zoning and land-use approval. Strategic Central Florida Location Enjoy the ultimate rural escape without sacrificing urban convenience. Hoban Grove is situated just minutes from downtown Groveland, the booming Clermont area, and major commuter and distribution corridors, offering privacy with rapid accessibility. Price: Now being offered starting at $825,000. Zoning/Use: Current Agricultural/Residential. Don't miss this rare opportunity to secure a substantial multi-use land tract with massive intrinsic value and future upside in one of Florida's fastest-growing regions. Schedule your private tour today.

Highlights

Property details

MLS #

MFRG5111483

Property type

Land

Subdivision

N/A

Status

Active

Days on market

63

On market date

April 24, 2026

Stories

N/A

Total bathrooms

N/A

Garage spaces

N/A

Parking spaces

N/A

Lot size

25 acres

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).