$1,300,000
SOLD MAR 20, 2025

40812 Grays Airport Rd Lady Lake, FL 32159

2 Beds
1.5 Baths
728 Sq Ft
35.6 Acres

Recently Sold

$1,786 Per Sq Ft

7% Below List Price

467 Days on Market

Highlights

  • Barn
  • 35.6 Acre Lot
  • Private Lot
  • Stables
  • Farm
  • No HOA

About This Home

As of March 2025

RV pads are under a CUP. We are pleased to offer a top-notch Income-generating Equestrian Event and Training Center in Lady Lake, Florida with a 2/2 Home on 35.63 Acres. WEC is 40 minutes to the north of this location. This property features a 30,000 square/2 foot-under roof Entertainment / Horse Arena, sprinklers, two large fans an announcer's booth, 2 round warm-up pens, a 96 Horse Stall Barn, 8 feeding pastures, cattle holding pens, a staging area in the back, 38 RV water hook-ups, 30 and 50 Amp service, on a total of 35.63 acres.
This space can seat up to 150, and run 600 cattle daily for events. Also onsite for RV use is a 3,000-gallon waster water storage system. The Entertainment and Dining center has seating for 72. Comes with air conditioning, 3 bathrooms, and 2 showers: John Deere Tractor and all the implements. As well as a completely Remodeled 2 Bedroom 1 & 1/2 bath Mobile Home - This location puts you 5 minutes to THE VILLAGES. Equestrian / Ag-friendly property .. ( The commercialization for an RV Park will not be allowed by the county ) See this link https://lcrossequestriancenters.com/photos.

Last Agent to Sell the Property

Ricky Harper

ERA GRIZZARD REAL ESTATE Brokerage Phone: 352-787-6966 License #3374296 Listed on: 11/08/2023

ERA GRIZZARD REAL ESTATE

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,659

Year Built

  • Built in 2006

Lot Details

  • 35.6 Acre Lot
  • Unincorporated Location
  • West Facing Home
  • Board Fence
  • Wire Fence
  • Private Lot
  • Cleared Lot

Parking

  • Finished RV Port

Home Design

  • Metal Roof
  • Metal Siding

Interior Spaces

  • 728 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Workshop
  • Vinyl Flooring
  • Range
  • Laundry in Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan

Outdoor Features

  • Shed
  • Outhouse

Farming

  • Barn
  • Farm
  • Loading Pens

Horse Facilities and Amenities

  • Corral
  • Stables
  • Arena

Utilities

  • Cooling System Mounted To A Wall/Window
  • 1 Water Well
  • Pep-Holding Tank
  • 3 Septic Tanks

Community Details

  • No Home Owners Association

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,659

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Metal Siding
  • Fireplace: No
  • Living Area: 728
  • Lot Size Acres: 35.6
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 1709
  • Lot Size Sq Ft: 1524000
  • Directions to Property: From Grays airport road the property is to the east side of the road
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1049188
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 1785.71
  • Total Acreage: 20 to less than 50
  • Unit Number YN: 0
  • Water Access YN: 0
  • Barn Features: Bathroom,Center Aisle,Equipment,Horse Barn,Hot Water,Pole Barn,Shed-Row,Washrack
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 352-787-6966
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Split Bedroom
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Other
  • Total Bedrooms: 2
  • Levels: One
  • Other Equipment: Fuel Tank(s), Loading Pens
  • Street Number Modifier: 40812
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 67.63
  • Room Count: 5

Exterior Features

  • Direction Faces: West
  • Other Structures: Barn(s), Corral(s), Finished RV Port, Outhouse, Shed(s), Storage
  • Exterior Features: Storage
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Other
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2012-12-18
  • Flood Zone Panel: 12069C0160E
  • Farm Type: Cattle,Chicken,Horse,Livestock

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Other
  • Laundry Features: In Kitchen
  • Sewer: PEP-Holding Tank, Septic Tank
  • Water Source: Well
  • Number Of Septics: 3
  • Number of Wells: 1

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: A
  • Parcel Number: 11-18-24-0002-000-00800
  • Additional Parcels: No
  • Fencing: Board, Fenced, Wire
  • Lot Features: Cleared, Farm, In County, Private, Paved, Unincorporated
  • Horse Amenities: Arena, Stable(s)
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 141584

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 4659
  • Tax Block: 000
  • Tax Book Number: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2023
Closed on
Mar 19, 2025
Sold by
Harper Candaice Lynn and Harper Ricky Fate
Bought by
Krabs Family Trust and Heacock
Seller's Agent
Ricky Harper
ERA GRIZZARD REAL ESTATE
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$1,400,000
Sold Price
$1,300,000
Premium/Discount to List
-$100,000
-7.14%
Views
90
Current Estimated Value
$1,260,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,106
Avg. Annual Appreciation
0.34%

Purchase Details

Closed on
Sep 23, 2020
Sold by
Harper Ricky Fate and Harper Candaice Lynn
Bought by
Harper Madelyn K
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,300,000 None Listed On Document
Warranty Deed $1,300,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $375,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2025 03/20/25 Sold $1,300,000 -7.1% $1,786 / Sq Ft
02/18/2025 02/18/25 Pending -- -- --
11/24/2024 11/24/24 For Sale $1,400,000 0.0% $1,923 / Sq Ft
11/05/2024 11/05/24 Pending -- -- --
08/08/2024 08/08/24 Price Changed $1,400,000 -3.4% $1,923 / Sq Ft
06/20/2024 06/20/24 Price Changed $1,450,000 -3.3% $1,992 / Sq Ft
03/18/2024 03/18/24 Price Changed $1,500,000 -6.3% $2,060 / Sq Ft
11/27/2023 11/27/23 Price Changed $1,600,000 -15.8% $2,198 / Sq Ft
11/23/2023 11/23/23 Price Changed $1,900,000 -5.0% $2,610 / Sq Ft
11/08/2023 11/08/23 For Sale $2,000,000 -- $2,747 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,854 $319,703 -- --
2024 $4,854 $319,703 -- --
2023 $4,854 $318,992 $0 $0
2022 $4,701 $310,781 $0 $0
2021 $4,770 $318,571 $0 $0
2020 $5,220 $327,141 $0 $0
2019 $5,833 $361,574 $0 $0
2018 $5,803 $367,311 $0 $0
2017 $5,942 $377,676 $0 $0
2016 $6,151 $384,193 $0 $0
2015 $6,533 $395,567 $0 $0
2014 $6,714 $403,047 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ricky Harper

    Seller's Agent in 2025

    Ricky Harper

    ERA GRIZZARD REAL ESTATE

    (352) 205-5663

    23 in this area

    202 Total Sales

    Ricky Harper
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Map

Source: Stellar MLS

MLS Number: G5075223

Stellar MLS

APN: 11-18-24-0002-000-00800

Florida Lake County Lady Lake 32159

40812 Grays Airport Rd, Lady Lake, FL

This home is located at 40812 Grays Airport Rd, Lady Lake, FL 32159 and is currently priced at $1,300,000, approximately $1,785 per square foot. This property was built in 2006. 40812 Grays Airport Rd is a home located in Lake County with nearby schools including The Villages Elementary of Lady Lake School, Carver Middle School, and Leesburg High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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