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A RARE LEGACY PROPERTY | 62. 02 ACRES LAKEFRONT ON LAKE LULU | MULTI-USE AGRICULTURAL & RECREATIONAL OASIS. Welcome to your private slice of heaven in the heart of Lake County — an extraordinary 62. 02-acre lakefront estate offering unrivaled with a private canal access to the shimmering waters of Lake Lulu part of the chain of lakes with connection to Lake Akron. This remarkable offering includes three separately deeded, fully fenced parcels being sold together, unlocking a world of possibilities for development, agriculture, recreation, or the ultimate lakeside retreat. LAKESIDE PARADISE MEETS PASTORAL BEAUTY The crown jewel of the estate is the 51-acre parcel, featuring a private concrete boat ramp and ownership of a 20-foot-deep canal that gently feeds into the spring-fed waters of Lake Lulu — a tranquil, crystal-clear lake perfect for fishing, kayaking, paddle-boarding, or simply soaking in the serenity. Across the canal lies high and dry acreage with unspoiled lake frontage — an ideal location to build your dream estate, family compound, or weekend escape with breathtaking views of Lake Lulu and the surrounding canopy of ancient oaks swaying in the breeze. The land has been thoughtfully cleared, while preserving its natural beauty. Majestic oak trees, with their canopies professionally raised, provide dappled shade and ample space for livestock grazing, creating a peaceful, park-like landscape that's both functional and scenic. AGRICULTURE, INCOME, AND OPPORTUNITY For equestrians, ranchers, and those seeking wide-open space, this property is agriculture-ready with the potential for six pastures. The 7-acre parcel houses the pole barn and includes a 6” DOT-rated concrete slab — engineered for heavy-duty use and ready for additional build-outs or livestock operations. A massive 45’ x 100’ pole barn, with half fully double-insulated, offers endless flexibility — from horse stables to event space to workshop or equipment storage. Utilities are already in place, including 200-amp electrical service, one of two septic systems dedicated to this area, and multiple RV hookups can be leased for $800/month each, making this a potential income stream for short- or long-term rentals. There’s also a new, never-used portable bathroom with shower, toilet, and sink, just waiting for final hookup. The 4. 02-acre parcel features a quaint 1-bedroom, 1-bathroom cottage with its own entrance off Highway 42, currently rented currently for $1, 000/month, and served by its own dedicated septic system — adding further utility and value. THE PEACEFUL LIFE IN PAISLEY, FLORIDA Located in the quiet, charming community of Paisley, Florida, this property offers a lifestyle defined by serenity, space, and scenic beauty — while still being within convenient reach of the Orlando metro area, Daytona Beach, New Smyrna, and the stunning Ocala National Forest. This is a rare opportunity to own a sprawling, income-generating waterfront property where you can enjoy unforgettable sunsets, raise animals, launch your boat from your own private ramp, or build a family legacy — all in a setting that feels worlds away from the hustle, yet close to everything Central Florida. This is more than land — it’s a lifestyle, a legacy, and a once-in-a-generation opportunity. Come experience the magic of Lake Lulu and the timeless peace of Paisley. Spring Creek Charter School just over a mile away or Hope Forest Academy just over 2 miles away. Trails Clearwater Lake Recreation Area & more.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,125,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,700,000 | $1,700,000 | $1,700,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.811% | 6.727% | 6.560% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,192 | $10,885 | $14,692 |
Total Monthly Payment | $10,317 | $11,010 | $14,817 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.