589 S LEONA AVENUE, LECANTO, FL 34461
MAYFIELD ACRES UNREC · Citrus County
Key Facts
Description
Prime development opportunity in the heart of Lecanto! This 7.36-acre parcel offers a rare combination of size, zoning, and location, making it ideal for a residential or workforce housing community. Zoned MDR-MH (Medium Density Residential – including mobile homes), the property provides flexibility for a variety of development options including a mobile home park, tiny home community, or small rural subdivision. The property features approximately 331 feet of road frontage and nearly 1,000 feet of depth, creating an ideal layout for a thoughtfully designed community with internal road circulation. A conceptual site plan envisions up to 28 homesites arranged around a private oval roadway with a dedicated entrance off S Leona Ave, incorporating infrastructure such as street lighting, centralized mail stations, and fire hydrant access. The property is currently has a improved with an existing 3,600 SF residence and multiple structures with no contributory value and need to be demolished, offering flexibility for redevelopment or interim use. The land is partially cleared with mature trees providing natural privacy buffers, while the surrounding area reflects a mix of residential uses. The highest and best use is to capitalize on the existing mobile home zoning and meet the growing demand for affordable housing in the area. Located in a rapidly growing area of Citrus County, the property benefits from strong population trends and increasing demand for attainable housing options. Additionally, the property is situated in Flood Zone X, minimizing flood risk concerns for future development. This is a compelling opportunity for builders, investors, or developers seeking to unlock the full potential of a well-located, properly zoned development site.
Property Information
Property Type
Land
Lot Size
7.36 acres
Lot Dimensions
331x979
Ownership
Fee Simple
Zoning
MDRMH
Days on Market
38
MLS® Listing#
O6395290
Property Features
Fencing
Utilities
Sewer
Water Source
Schools
- Elementary:
- Forest Ridge Elementary School
- Middle:
- Lecanto Middle School
- High:
- Lecanto High School
Financial Details
HOA
None
Annual Taxes
$1,814
Tax year 2025
Parcel Number
18E-19S-02-0000-1A580
Directions
Florida's Tpke to FL-44 W in Sumter County. Take exit 307 from Florida's Tpke. to Follow FL-44 W to S Leona Ave in Lecanto
Affordability Calculator
$139,980
Estimated monthly payment
$3,725/mo
Principal $559,920 · Est. interest $781,138 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in LECANTO, FL
- $374,627
- Median Listing Price
- 116
- Median Days on Market
- 1,946
- Median Sq Ft
- $184
- Median Price / Sq Ft
- 135
- Active Listings
- This home’s price is 87% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in LECANTO, FL.
Location
- 589 S LEONA AVENUE, LECANTO, FL 34461
Points of Interest in LECANTO, FL
Showing the LECANTO area map.
Nearby Schools
Cypress Creek Academy
School · 1.3 mi away
All About Kids Preschool
School · 1.6 mi away
Seven Rivers Christian School
Elementary · 2.5 mi away
Saint John Paul II Catholic School
School · 2.7 mi away
Lecanto Middle School
Secondary · 2.9 mi away
Lecanto Primary School
Elementary · 2.9 mi away
Citrus County Renaissance Center
School · 3.0 mi away
Lecanto High School
Secondary · 3.0 mi away
Crest School
School · 3.0 mi away
Forest Ridge Elementary School
Elementary · 3.7 mi away
Rock Crusher Elementary School
Elementary · 4.5 mi away
Hernando Elementary School
Elementary · 5.6 mi away
St Pauls Lutheran School
School · 7.0 mi away
Pleasant Grove Elementary School
Elementary · 7.0 mi away
Withlacoochee Technical Institute
School · 7.1 mi away
Inverness Middle School
Secondary · 7.2 mi away
Crystal River Primary School
Elementary · 7.7 mi away
Citrus High School
Secondary · 7.7 mi away
Inverness Primary School
Elementary · 7.8 mi away
Crystal River High School
Secondary · 7.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 5716 S Gray Oak Terrace, Lecanto, FL | $490,000 | 5 | 3 | 2,263 |
| 5332 W WESTCHASE LOOP, LECANTO, FL | $495,000 | 5 | 4 | 2,750 |
| 2757 FAIRFAX Court, Lecanto, FL | $499,000 | — | — | — |
| 265 S Thayer Avenue, Lecanto, FL | $515,000 | 4 | 2 | 2,907 |
| 265 S THAYER AVENUE, LECANTO, FL | $515,000 | 4 | 2 | 2,907 |
| 2853 W SUNRISE STREET, LECANTO, FL | $542,000 | 3 | 3 | 2,649 |
Moving Cost Estimate
EXIT Agents in LECANTO
Listing Courtesy: LPT REALTY, LLC - 877-366-2213
Last Updated: 2026-04-20