40945 Beach Rd Eustis, FL 32736
Estimated payment $8,939/month
Highlights
- 40.74 Acre Lot
- No HOA
- Zoned For Horses
- Pole Barn
About This Lot
One or more photo(s) has been virtually staged. Exceptional 40± Acre Agricultural Opportunity in Lake County – Turnkey Hemp Operation or Private Ranch Potential Rarely does a property like this become available. Spanning approximately 40 acres, this former fernery—now operating as a licensed hemp production facility—offers a unique blend of established infrastructure, income potential, and future versatility. The property is fully equipped for agricultural use with multiple wells, high-capacity diesel-powered irrigation systems (4”, 8”, and 10” lines), and extensive greenhouse/shade structures that can be utilized for continued cultivation or removed to create a blank slate for alternative uses. At the center of the operation is an updated warehouse featuring new A/C, two walk-in coolers, and ongoing build-out of a commercial-grade kitchen, storage areas, and large submerged tanks—providing flexibility for processing, storage, or expansion of operations. Additional improvements include barns, equipment storage, office space, and multiple outbuildings to support a wide range of agricultural or business needs. Beyond its functionality, the property offers a beautiful natural setting with open pasture, scattered oak trees, a small pond, and abundant wildlife—creating an ideal backdrop for a private estate, ranch, or multi-use agricultural venture. Residential features include a ~2,300 sq ft home with an inground pool (ready for updates to make it your own), as well as a secondary mobile home with a newer roof. Infrastructure upgrades include a new well pump, updated interior lighting, flooring, and paint in the main home, along with recently serviced and certified septic systems. Tucked away just 1/4 mile off a county road on a quiet dead-end street, the gated entrance ensures privacy while still maintaining convenient access. Whether you’re looking to continue hemp production, revive the nursery operation, diversify agricultural use, or create a private compound—this property offers unmatched flexibility and opportunity. Endless possibilities with infrastructure already in place.
Listing Agent
HOMEVEST REALTY Brokerage Phone: 407-897-5400 License #3301261 Listed on: 04/04/2026
Co-Listing Agent
HOMEVEST REALTY Brokerage Phone: 407-897-5400 License #3278555
Property Details
Property Type
- Land
Est. Annual Taxes
- $11,237
Lot Details
- 40.74 Acre Lot
- Lot Dimensions are 1329x1337x1336x1333
- Street terminates at a dead end
- Unincorporated Location
- 2 Lots in the community
- Additional Parcels
Horse Facilities and Amenities
- Zoned For Horses
Utilities
- 2 Water Wells
- 3 Septic Tanks
Listing and Financial Details
- Tax Lot 21
- Assessor Parcel Number 05 18 29 0003 000 02100
Community Details
Overview
- No Home Owners Association
Recreation
- Pole Barn
- Separate Outdoor Workshop
Map
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 |
|---|---|---|---|---|
| 2026 | $4,655 | $292,810 | $81,938 | $210,872 |
| 2025 | $4,015 | $292,810 | $81,938 | $210,872 |
| 2024 | $4,015 | $292,810 | $81,938 | $210,872 |
| 2023 | $4,015 | $256,502 | $49,875 | $206,627 |
| 2022 | $3,228 | $209,232 | $39,188 | $170,044 |
| 2021 | $2,891 | $181,400 | $0 | $0 |
| 2020 | $3,084 | $181,596 | $0 | $0 |
| 2019 | $3,073 | $177,596 | $0 | $0 |
| 2018 | $2,823 | $164,887 | $0 | $0 |
| 2017 | $2,304 | $155,356 | $0 | $0 |
| 2016 | $2,689 | $154,617 | $0 | $0 |
| 2015 | $2,399 | $153,321 | $0 | $0 |
| 2014 | $2,398 | $151,826 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/04/2026 04/04/26 | For Sale | $1,499,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,080,000 | Watson Title |
Source: Stellar MLS
MLS Number: O6396224
APN: 05-18-29-0003-000-02100
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Ask me questions while you tour the home.