4020 Magnolia Drive, Leesburg, FL 34748
Local realty services provided by:Better Homes and Gardens Real Estate Lifestyles Realty
Listed by: elliot shugan
Office: the shugan group inc
MLS#:O6444187
Source:MFRMLS
Price summary
- Price:$279,900
- Price per sq. ft.:$92.16
About this home
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!...
Contact an agent
Home facts
- Year built:1966
- Subdivision & Development:RAVENSWOOD PARK
- Listing ID #:O6444187
- Added:49 day(s) ago
- Updated:November 13, 2026 at 04:49 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Carpet, Ceramic Tile, Laminate
- Kitchen Description:Range, Range Hood, Refrigerator
- Bedroom Description:Walk-In Closet(s)
- Basement Description:Crawlspace
- Living area:2,854 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1966
- Building area:2,854 sq. ft.
- Lot area:0.58 Acres
- Construction Materials:Block, Brick, Stucco
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Leesburg High
- Middle school:Oak Park Middle
- Elementary school:Leesburg Elementary
Utilities
- Water:Public
- Sewer:Public, Septic Tank
Finances and disclosures
- Price:$279,900
- Price per sq. ft.:$92.16
- Tax amount:$1,908 (2025)
Features and amenities
- Appliances:Range, Range Hood, Refrigerator
- Laundry features:Inside, Laundry Room
- Amenities:Ceiling Fans(s), Thermostat, Walk-In Closet(s)
- Pool features:Public Pool
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