IDX

Listed by Elliot Shugan · Courtesy of THE SHUGAN GROUP INC · 407-755-7588 · Agent MLS ID# MFR261206259 · Deemed reliable but not guaranteed. · Listing updated: Nov 6, 2026 · 8:52 PM

Active

4020 MAGNOLIA DR

Leesburg, Lake, FL, 34748

$279,900

$98/sqft

5Beds
3Baths
2,854Sq Ft
1966Built
42Days on Market

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!

Facts & Features

MFRO6444187
$279,900
Active
5
3
3
0
2,854 sqft
0.5800
1966
Residential
Single Family Residence
N/A

Community Information

4020 MAGNOLIA DR
Ravenswood Park
Leesburg
Lake
FL
34748
No

Amenities

N/A
N/A
No
No
No

Interior

Ceiling Fans(s), Walk-In Closet(s), Thermostat
Central
Central Air
Laminate, Carpet, Ceramic Tile
N/A
1
Refrigerator, Range, Range Hood

Exterior

N/A
Block, Stucco, Brick
Slab, Crawlspace
Shingle
N/A
N/A

School Information

Leesburg Elementary
Oak Park Middle
Leesburg High

Additional Information

September 25, 2026
42
R-6
South
No

Mortgage Calculator

$
$
%
Years
Percent per year

This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. THE SHUGAN GROUP INC is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.

42 days on market

Listing updated: Nov 6, 2026 · 8:52 PM

Listed by: Elliot Shugan · 407-755-7588—THE SHUGAN GROUP INC · 407-755-7588

Updated from Real Estate Market Data

Location

AEAhmed ElbatrawyEmpire Network Realty

Get in Touch

You may also like

Similar Properties

Show More
27343 ROANOKE DR — home for sale

$319,000

27343 roanoke dr

3Beds
2Baths
MFRR4910273MLS ID
1,607SqFt

Courtesy of ⁨ARROW STAR REALTY LLC⁩

124 TRAILWOOD DR — home for sale

$249,500

124 trailwood dr

3Beds
2Baths
MFRO6453393MLS ID
1,716SqFt

Courtesy of ⁨SUNSHINE LIFE REALTY LLC⁩

809 OAK DR — home for sale

$217,900

809 oak dr

3Beds
1Bath
MFRO6453005MLS ID
1,069SqFt

Courtesy of ⁨LA ROSA REALTY LLC⁩