4020 MAGNOLIA DRIVE
Leesburg, FL 34748
$330,000
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 ...
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Listing Courtesy of: THE SHUGAN GROUP INC
407-755-7588
| Listing Id: | O6444187 |
|---|---|
| List Price: | $330,000 |
| Property Type: | Residential |
| Property Sub Type: | Single Family Residence |
| Status: | Active |
| Bedrooms Total: | 5 |
| Bathrooms Full: | 3 |
| Living Area: | 2,854 |
| Tax Annual Amount: | $1,908 |
| Lot Size Square Feet: | 25,064 |
| Lot Size Acres: | 0.58 |
| Waterfront?: | No |
| City: | Leesburg |
| County Or Parish: | Lake |
| Subdivision Name: | Ravenswood Park |
| Postal Code: | 34748 |
| Year Built: | 1966 |
| Appliances: | Range, Range Hood, Refrigerator |
| Bathrooms Total Integer: | 3 |
| Building Area Source: | Public Records |
| Building Area Total: | 3037 |
| Building Area Units: | Square Feet |
| Direction Faces: | South |
| Foundation Details: | Crawlspace, Slab |
| Construction Materials: | Block, Brick, Stucco |
| Cooling: | Central Air |
| Directions: | From Florida's Turnpike North, Take exit 285 toward Leesburg onto US-27 N (US Highway 27). Go for 12 mi. Turn left onto Magnolia Ave and stay to the right, follow the road and the home will be on your left. |
| Elementary School: | Leesburg Elementary |
| Flooring: | Carpet, Ceramic Tile, Laminate |
| Furnished: | Unfurnished |
| Heating: | Central |
| High School: | Leesburg High |
| Interior Features: | Ceiling Fans(s), Thermostat, Walk-In Closet(s) |
| Laundry Features: | Inside, Laundry Room |
| Levels: | One |
| Ownership: | Fee Simple |
| Living Area Source: | Public Records |
| Living Area Units: | Square Feet |
| Lot Size Acres: | 0.58 |
| Lot Size Dimensions: | 180x140 |
| Postal Code Plus4: | 9030 |
| Middle Or Junior School: | Oak Park Middle |
| MLS Area Major: | 34748 - Leesburg |
| MLS Area Major: | 34748 - Leesburg |
| Original List Price: | $330,000 |
| Parcel Number: | 02-20-24-0400-000-02800 |
| Pets Allowed: | Yes |
| Stories Total: | 1 |
| Township: | 20S |
| Road Surface Type: | Paved |
| Roof: | Shingle |
| Listing Terms: | Cash |
| Tax Year: | 2025 |
| Sewer: | Septic Tank |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Utilities: | Public |
| Water Source: | Public |
| Public Survey Range: | 24E |
| Public Survey Section: | 02 |
| Zoning: | R-6 |
| Additional Lease Restrictions: | Please confirm any lease restrictions with the county. |
| Additional Rooms: | Inside Utility, Interior In-Law Suite w/Private Entry |
| Alternate Key Folio Num: | 242002040000002800 |
| Available For Lease Yn: | Yes |
| Building Area Total Srch Sq M: | 282.15 |
| Calculated List Price By Calcula: | 115.63 |
| Cddyn: | No |
| Dprurl: | https://www.workforce-resource.com/dpr/listing/MFRMLS/O6444187?w=Agent&skip_sso=true |
| Dprurl 2: | https://www.workforce-resource.com/dpr/listing/MFRMLS/O6444187?w=Customer |
| Dpryn: | Yes |
| Exist Lse Tenant Yn: | No |
| Flood Zone Code: | X |
| Flood Zone Date: | 2012-12-18 |
| Flood Zone Panel: | 12069C0320E |
| Green Verification Count: | 0 |
| Homestead Yn: | Yes |
| Lease Restrictions Yn: | No |
| Listing Exclusion Yn: | No |
| Living Area Meters: | 265.15 |
| Lot Size Square Meters: | 2329 |
| Minimum Lease: | 8-12 Months |
| Realtor Info: | As-Is, Sign |
| Room Count: | 8 |
| Sdeo yn: | No |
| Total Acreage: | 1/2 to less than 1 |
| Unit Number Yn: | No |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Association 2 Yn: | 0 |
| Attribution Contact: | 407-755-7588 |
| Originating System Name : | Stellar MLS |
| Dock Yn: | No |
| In Law Suite Description: | 1 Bathroom, 1 Bedroom, Kitchenette, Private Entrance |
| In Law Suite Total Sq Ft: | 728.00 |
| In Law Suite Under Air Sq Ft: | 728.00 |
| In Law Suite Yn: | Yes |
| Green Energy Generation Yn: | No |
| Listing Contract Date: | 2026-09-25 |
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Property Last Updated: October 08, 2026 05:28 PM - ET
