Excellent value-add opportunity near The Villages and Harbor Hills Country Club by Lake Griffin.

Situated in an established residential area near US 27/441, the property provides convenient access to shopping, dining, recreation, and everything nearby The Villages has to offer. Lake Griffin State Park is also close by, offering boating, fishing, paddling, and hiking opportunities.

This spacious 4-bedroom, 2-bathroom home offers approximately 2,221 square feet, providing investors with substantial room to renovate, reposition, and maximize resale value.

The property features distinctive architectural elements, including vaulted ceilings, a dramatic floor-to-ceiling stone fireplace, an inside balcony overlooking the livingroom, wood accents, a durable metal roof and a large metal framed workshop in the back. It sits on approximately 0.24 acres with no HOA.

Based on comparable sales, the estimated after-repair value is approximately $352,000. Investors may also have the opportunity to purchase the adjacent vacant lot, creating a combined property of nearly half an acre and potentially increasing the projected ARV to approximately $400,000.

Compared with the $181 sold median, the investor offering at $79.92 per sq. ft. is approximately 56% below the subdivision’s recent median sold price per square foot, this is one of the strongest value-add opportunities currently available in Carlton Village Park

• $101.08 per sq. ft. lower
• Approximately 55.8% below the subdivision’s recent sold median 
  

For a relatively small additional investment, buyers can purchase the adjacent lot, bringing the combined property to approximately 0.48 acres. This added land could potentially increase the home’s ARV by approximately $50,000, bringing the estimated ARV to around $400,000.