$330,000
 $1,772 est/mo Sourced by Back At You

4020 Magnolia Dr,LEESBURG, FL 34748

LEESBURG, FL 34748

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Description

BRING YOUR VISION and unleash your HGTV skills on this incredibly spacious 5 BEDROOM, 3 BATHROOM home offering OVER 2,800 SQUARE FEET of living space, OVER HALF AN ACRE +IN-LAW SUITE, and NO HOA! If you've been searching for a home where you can renovate, customize, and truly make it your own, this property is packed with POTENTIAL! With its BLOCK/STUCCO construction, NEWER ROOF (2017), impressive living area, and oversized lot, this home provides a fantastic starting point for the buyer ready to roll up their sleeves and bring their ideas to life. The spacious kitchen offers an abundance of cabinetry, a center island, and an open connection to the dining and living areas, giving you plenty of opportunity to create an incredible gathering and entertaining space. The generously sized primary suite features an enormous approximately 10' x 10' WALK-IN CLOSET, while the additional bedrooms provide plenty of space for family, guests, a home office, or whatever fits your lifestyle. Laundry is located inside for your convenience. Newer electrical panel too! WOW! One of the property's biggest highlights is the separate IN-LAW SUITE! Complete with its own PRIVATE ENTRANCE, KITCHENETTE, FULL BATHROOM, and LIVING SPACE, this flexible area opens the door to MULTIGENERATIONAL LIVING, extended guests, a private home office, or other possibilities depending on a buyer's needs and applicable regulations. And then there's the LAND! Sitting on OVER HALF AN ACRE with a FULLY FENCED YARD and NO HOA, there is an incredible amount of outdoor space to work with. Dreaming of a pool? A workshop? Space for your recreational toys, pets, gardens, or outdoor entertaining? This property gives you ROOM TO DREAM! Yes, this home needs some TLC and updating, but that's exactly where the opportunity lies. With OVER 2,800 SQUARE FEET, a HALF-ACRE+ LOT, flexible IN-LAW SUITE, and NO HOA, the foundation is here to transform this property into something truly special. Come see this majestic home before it is too late. Conveniently located just off Highway 27 and only minutes from shopping, dining, everyday conveniences, and Florida's Turnpike, you'll have plenty of space without sacrificing accessibility. Bring your contractor, your imagination, and your renovation ideas, then come see the POTENTIAL for yourself! Schedule your private showing TODAY!

Details

MLS #O6444187
Listing TypeFor Sale
StyleHouse
Sub-TypeFor-sale
StatusActive
Year1966
Days On Site18
Listing Provided ByTHE SHUGAN GROUP INC | Elliot Shugan

Features

Bed(s)5
Bath(s) 3 Total
SQ Feet2,854
Story(s)1
ZoningR-6
Acreage0.58

Taxes

Property1908

Area Information

StateFL
CountyLake
CityLEESBURG
Zip Code34748
Area34748 Leesburg
Community NameRAVENSWOOD PARK
School DistrictLeesburg High
Elementary SchoolLeesburg Elementary
High SchoolLeesburg High
Listing VS Median (in RAVENSWOOD PARK)
Price:
$330,000
low | high
Med:
$330,000
50% of Average
sqft:
2,854
low | high
Med:
2,854
50% of Average
$ / sqft:
$116
low | high
Med:
$116
50% of Average
On site:
18
low | high
Med:
18
100% of Average
Sourced by Back At You

Market Activity 34748

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 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of October 13, 2026 at 6:37:44 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateFL
CountyLake
CityLEESBURG
Zip Code34748
Area34748 Leesburg
Community NameRAVENSWOOD PARK
School DistrictLeesburg High
Elementary SchoolLeesburg Elementary
High SchoolLeesburg High
Listing VS Median (in RAVENSWOOD PARK)
Price:
$330,000
low | high
Med:
$330,000
50% of Average
sqft:
2,854
low | high
Med:
2,854
50% of Average
$ / sqft:
$116
low | high
Med:
$116
50% of Average
On site:
18
low | high
Med:
18
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 6:11:59 AM PDT