38020 CHERRY LAKE ROAD, FRUITLAND PARK, FL, 34731
Active225 days on marketListed Mar 9, 2026MLS #G5109157
About this home
38020 CHERRY LAKE ROAD
You pick and choose here! Are you looking for a nice 10 acre parcel ready for you to build your secluded dream home but close to everything? 10 acres of land that you can build a beautiful home on with an adu (additional dwelling unit) for parents, grandparents or even rental income. This 10-acre parcel of vacant land also represents a prime opportunity for possible future investment/development, offering an exceptional price per acre. Situated in a promising area poised for growth, this expansive property provides the perfect canvas for a variety of development possibilities. Whether you're envisioning a residential community, commercial enterprise, or a mixed-use project, the spaciousness and strategic location of this land can accommodate your plans. Additionally, the favorable price point enhances the investment potential, making it an attractive option for developers looking to capitalize on emerging market trends. With the right vision and planning, this land could transform into a thriving development, offering long-term value and success. This could also be a great location for an RV or self-storage development, directly adjacent to The Villages’ massive retirement community and the Hammock Oaks development at County Road 466 and Cherry Lake Road, where a new Neighborhood Walmart is being built. Prime development opportunity at an excellent price per acre. The retired folk love their recreational vehicles and need a place to store them
Facts & features
The home at a glance
9.81 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$4,066 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$4,066/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
The numbers that matter
The Fruitland Park market
$345K → $284K
Fruitland Park median sold, yr/yr
97.0%
Sale-to-list ratio (12 mo)
Median sold price, Fruitland Park, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 107% above the Fruitland Park median. See the full Fruitland Park market guide →
Paper trail
This home's history
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Kemarie Johnson
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 38020 CHERRY LAKE ROAD — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 38020 CHERRY LAKE ROAD — before you fall in love.
See it in person
Schedule a tour
Live availability from Kemarie's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
38020 CHERRY LAKE ROAD FAQs
What would the monthly payment be for 38020 CHERRY LAKE ROAD?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,066/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 38020 CHERRY LAKE ROAD?+
The most recent tax bill on record (2025) was $5,323. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Fruitland Park?+
At $599,900, this home is listed about 107% above the Fruitland Park median of $289,900. The market section on this page shows how the area is trending.
The brief
Three things that matter here
01Positioned at the premium end
$599,900 runs 107% above the Fruitland Park median.
02Time on market is leverage
225 days on market against a Fruitland Park median of 70 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $699,900, now $599,900 — a $100K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of BLACK TIE REALTY, INC. · Mark Dyer. MLS #G5109157.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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