← Back to homesACTIVE · MLS MFRO6444187

Leesburg, FL · Single Family Residence

4020 Magnolia Dr

$279,900
List price
5Bedrooms
3Bathrooms
2,854Square feet
0.58Acres

THE SETTING, AND THE DETAILS

A closer look.

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 incredible amount of outdoor space to work with. Dreaming of a pool? A workshop? Space for your recreational toys, pets, gardens, or outdoor entertaining? This property gives you ROOM TO DREAM! Yes, this home needs some TLC and updating, but that's exactly where the opportunity lies. With OVER 2,800 SQUARE FEET, a HALF-ACRE+ LOT, flexible IN-LAW SUITE, and NO HOA, the foundation is here to transform this property into something truly special. Come see this majestic home before it is too late. Conveniently located just off Highway 27 and only minutes from shopping, dining, everyday conveniences, and Florida's Turnpike, you'll have plenty of space without sacrificing accessibility. Bring your contractor, your imagination, and your renovation ideas, then come see the POTENTIAL for yourself! Schedule your private showing TODAY!

The details that help you decide.

Details supplied with the listing. Information that was not provided is marked below.

Home essentials
Price per square foot
$98
Full bathrooms
3
Half bathrooms
0
Heated living area
2854
Lot size (acres)
0.58
Lot size (sq ft)
25064
Year built
1966
Property type
Residential
Property style
Not provided
Interior & rooms
Interior features
Ceiling Fans(s), Thermostat, Walk-In Closet(s)
Appliances
Range, Range Hood, Refrigerator
Flooring
Carpet, Ceramic Tile, Laminate
Additional rooms
Inside Utility,Interior In-Law Suite w/Private Entry
Land, water & community
Waterfront
No
Waterfront type
Not provided
Water body / lake name
Not provided
Water view
Not provided
Dock
No
Dock features
Not provided
Other views
Not provided
Lot features
Not provided
Exterior features
Not provided
Community amenities
Not provided
Zoning
R-6
Current use
Not provided
Horse amenities
Not provided
Fencing
Not provided
Other structures
Not provided
Pool, parking & systems
Private pool
No
Pool features
Not provided
Garage
No
Garage spaces
Not provided
Carport
No
Carport spaces
Not provided
Parking features
Not provided
Fireplace
No
Fireplace features
Not provided
Heating
Central
Cooling
Central Air
Water supply
Public
Sewer
Septic Tank
Utilities
Public
Construction
Construction materials
Block, Brick, Stucco
Roof
Shingle
Foundation
Crawlspace, Slab
Stories
1
Levels
One
Location & schools
City
LEESBURG
Subdivision
RAVENSWOOD PARK
County
Lake
ZIP code
34748
Elementary school
Leesburg Elementary
Middle school
Oak Park Middle
High school
Leesburg High
Association, taxes & listing
HOA / association
No
Association fee
Not provided
Fee frequency
Not provided
Included services
Not provided
Association amenities
Not provided
Additional association fee
Not provided
Additional fee frequency
Not provided
Condo fee
Not provided
Condo fee frequency
Not provided
Annual property taxes
$1,908.02
Tax year
2025
Other annual assessments
Not provided
CDD
No
Listing status
Active
Days on market
42
Listing broker
THE SHUGAN GROUP INC
MLS number
MFRO6444187

Explore the area

Location supplied with the listing. Confirm boundaries and access for the property.

Listed by THE SHUGAN GROUP INC · MLS MFRO6444187
Source: mfrmls · Listing updated 2026-11-06 20:52:13 UTC.
Information is deemed reliable but is not guaranteed. Availability and details may change.

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