21.83 cleared acres in serene, pastoral setting surrounded by a $799,000

Acreage Sale Pending near Lake Francis - Highlands County

21.83 cleared acres in serene, pastoral setting surrounded by a gated equestrian estate community, a deed restricted lakefront community, University of Florida/4-H Camp Cloverleaf, and its own 137 feet of lakefront with a boat dock on pristine, 545 acre Lake Francis. The current AU zoning creates a nearly infinite palette of potential uses, from a private farm, ranch or lakefront estate as currently zoned to any number of townhouse, condo, subdivision or other development possibilities with the appropriate tweaks. Also hold for short or long term capital appreciation. Property has massive upside potential in most of those scenarios. 1.5 mile to US Highway 27. 2.5 miles to downtown Lake Placid. 6.9 miles to US Highway 98. 8.55 miles to Sebring Regional Airport and the world-famous Twelve Hours of Sebring endurance race. Central water available. 10 inch well with pump and irrigation equipment in center of property. Seller will finance with 30% down. Figures are based on available information and illustrations are approximate, and buyers are urged to confirm and to obtain a survey.