31614 Bottany Woods DRIVE, Eustis, FL, 32736 | $350,000

Under contract-accepting backup offers. Endless Possibilities Await on This 40-Acre Rural Oasis with Private Airstrip! Calling all farmers, ranchers, aviation enthusiasts, and outdoor adventurers! This expansive 40-acre property, located on the outskirts of Eustis, Florida, offers a rare opportunity to own a unique rural retreat. Whether you’re dreaming of a private landing strip, a farm, or a recreational haven, this land has it all. Key Features: Private Grassy Airstrip: The property features the permitted Rose Ranch Airport, a private grass landing strip measuring approximately 100 feet wide by 2, 500 feet long. Ideal for small aircraft, it provides a unique opportunity for pilots to take off and land from the comfort of their own land. Imagine building a custom hangar home, where your aircraft is always ready for takeoff. Versatile Land Use: If aviation isn’t your focus, the possibilities are still endless. The property is perfect for farming, ranching, or even transforming the airstrip into a shooting range. Currently, the pasture area is leased for grazing beef cattle, providing an additional income stream. Abundant Wildlife & Recreation: Nature lovers will appreciate the variety of terrain, flora, and fauna. From scrub oaks and oak hammocks to pines and grazing grass, the land offers a diverse landscape that includes sandy soil, open forest floors, and serene ponds. The property is a haven for wildlife, making it ideal for hunting, fishing, and other outdoor activities right on your own land. Prime Location & Convenience: Tucked away just 1. 5 miles from the major intersection of State Road 44, this property offers the perfect blend of seclusion and accessibility. It is adjacent to a thriving blueberry farm and homestead, providing a neighborly yet private feel. Diverse Topography: The land includes uplands at the front and rear, with the rest designated as a flood zone, making it suitable for various uses while offering natural beauty and diversity. Flexible Financing: For the right price and terms, the seller is open to considering seller financing, making this an even more attractive opportunity. Don’t miss out on this extraordinary chance to own a piece of rural paradise with endless potential. Whether you’re looking to build a dream homestead, start an agricultural venture, or simply enjoy the wide-open spaces, this property has the versatility to accommodate your vision.

Features

  • Lot Size: irregular
  • MLS#: G5089287
  • Days on Market: 3 days
  • Website: https://www.raveis.com
    /prop/G5089287/31614bottanywoodsdrive_eustis_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 11/24/2024 7:32:08 PM)
Listing courtesy of ERA GRIZZARD REAL ESTATE   Phone: 352-735-4433

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NMLS Mortgage Loan Originator ID 16953

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31614 Bottany Woods DRIVE, Eustis, FL, 32736

$350,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $280,000 $280,000 $280,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,863 $1,861 $2,401
Total Monthly Payment $1,938 $1,936 $2,476

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.