713 NEWELL HILL ROAD, LEESBURG, FL, 34748
Active496 days on marketListed Apr 9, 2025MLS #O6297419
About this home
713 NEWELL HILL ROAD
Create the lakefront lifestyle you've always envisioned on this stunning 1.64-acre homesite nestled on the shores of Lake Griffin. Located within the private, gated community of Majestic Oaks, this rare opportunity offers the perfect canvas for your custom dream home. Situated on Lake Griffin, a ski lake on the renowned Harris Chain of Lakes, your backyard becomes a gateway to endless adventures—including boating, fishing, and scenic cruises. The Harris Chain of lakes connect to the Ocklawaha and St. Johns Rivers giving you so many places to go! This expansive lot offers a beautiful natural setting with mature trees and ample space to design an estate-style residence with sweeping views and room for outdoor living and entertaining. Whether you're envisioning peaceful mornings by the water, weekend boat rides, or elegant evenings under the stars, this homesite is ready to bring your dream to life. Don’t miss your chance to own a piece of waterfront paradise—schedule your private tour today and explore all the possibilities this exceptional property has to offer.
Facts & features
The home at a glance
1.64 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 and the real association fee — not generic estimates.
$3,299 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
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
Estimated payment
$3,299/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. 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.
Where it sits
Inside Leesburg
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Leesburg. See the full Leesburg guide →
LEESBURG 34748 — neighborhood snapshot
Population
45,960
Median age
60.4
Median income
$53,768
Median home value
$226,200
Avg household
2.14
Households w/ children
3,516
For the school run
Lake County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Leesburg market
$269K → $290K
Leesburg median sold, yr/yr
96.1%
Sale-to-list ratio (12 mo)
Median sold price, Leesburg, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 61% above the LEESBURG 34748 median. See the full Leesburg market guide →
Paper trail
This home's history
Reality check
What actually sold near 713 NEWELL HILL ROAD
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jul ’26$55,000
903 MARK ROAD
1 bd · 1 ba · 588 sqft · $94/sqft · 29 DOM
Sold · Dec ’25$200,000
33445 PICCIOLA DRIVE
2 bd · 1 ba · 792 sqft · $253/sqft · 5 DOM
Sold · Jan ’26$182,500
201 FERNWOOD STREET
2 bd · 2 ba · 933 sqft · $196/sqft · 43 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
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
Alek Cherrone
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 713 NEWELL HILL ROAD — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 713 NEWELL HILL ROAD — before you fall in love.
See it in person
Schedule a tour
Live availability from Alek's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
713 NEWELL HILL ROAD FAQs
What would the monthly payment be for 713 NEWELL HILL ROAD?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,299/mo — principal and interest, the actual property-tax bill, the $60/mo association fee 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.
How much are the HOA fees at 713 NEWELL HILL ROAD?+
The association fee works out to $60 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 713 NEWELL HILL ROAD?+
The most recent tax bill on record (2024) was $2,812. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 713 NEWELL HILL ROAD?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Leesburg?+
At $449,500, this home is listed about 50% above the Leesburg median of $299,000. The market section on this page shows how the area is trending.
Which schools are assigned to 713 NEWELL HILL ROAD?+
Leesburg Elementary School (elementary), Oak Park Middle School (middle), Leesburg High School (high) — Lake County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$449,500 runs 61% above the LEESBURG 34748 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
496 days on market against a Leesburg median of 60 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $495,000, now $449,500 — a $46K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of KELLER WILLIAMS ADVANTAGE REALTY · Barrett Spray. MLS #O6297419.
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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