Land with Home for Sale in Okahumpka, Florida

5415 Banana Point Dr Okahumpka, FL 34762

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$1,700,000
5.14 acres
Active sale agoEst $9,584/mo

One or more photo(s) has been virtually staged. Welcome to 5415 Banana Point Drive, a waterfront equestrian estate on the Harris Chain of Lakes. From sunrises over Lake Harris to breathtaking Florida sunsets over your peaceful equestrian pasture, Banana Point is a 5-acre estate, which includes 2.5 acres of horse-grazing pasture. From the leading edge of The Villages, the estate is only 3.9 miles east on The Villages' Central Parkway and 45 minutes to Orlando International Airport. This estate is a beautiful home, and a wise investment in the Central Florida real estate market.

With chain-of-lakes waterfront and horse-owner necessities in one private property, Banana Point is one lucky buyer's future trophy home.

As you approach, a grand circular driveway leads to majestic live oaks and a private entrance with a unique indoor/outdoor pond featuring a waterfall ready for Koi. Your eye will catch the hand-carved solid wood staircase and overhead pecky cypress beams nestled in two stories of glass windows.

The residence features 3 bedrooms, 3 1/2 bathrooms, a newer shingle roof, and beautiful windows strategically designed to maximize the stunning lake views. The interior layout is distinctive, with bedrooms, great room, family room, kitchen, sunroom, and home office all facing the picturesque Lake Harris.

Wake up each morning to your Florida sunrise. Your spacious primary suite is located in a private wing of the home, ensuring complete privacy. Boasting picture windows, a huge walk-in closet, and a master bathroom with double vanities, a Jacuzzi soaking tub, and a walk-in shower, the master suite is a luxurious retreat. On the upper floor of the house, the two additional bedrooms are intelligently arranged, creating a quasi-separate living space. Each bedroom enjoys its own private bathroom, and lake-facing private balcony, enhancing a sense of autonomy. Step outside to the beautiful waterfront where you'll find your private boat dock and lift.

The expansive three-car garage has a separate workshop and two other closets to use as a wine room or additional storage.

The Villages expansion of Middleton, The Villages Charter School, Eastport, and the planned world-class senior healthcare research and development Wellness Village, along with the move inland to combat the insurance crisis has reset the Banana Point real estate market.

This real estate reset of Banana Point value is just the beginning. Interested parties of 5415 Banana Point would serve their financial interest well by doing their investor and Villages' expansion homework.

To be clear, 5415 Banana Point Drive is not priced relative to comparative properties in the secret yet sought-after Banana Point neighborhood. Those remarkable properties were last purchased years, if not decades, before The Villages expansion to Central Parkway. 5415 Banana Point Drive is priced relative to its location to The Villages' future business marketplace along The Villages' Central Parkway.

Seller is accepting offers at or above $1.7M

The following links reveal the long-term growth of the area surrounding Banana Point and demonstrate that the decision to make 5415 Banana Point Drive your primary home or second home is a wise investment.

https://www.thevillages.com/whats-new/growth/continuing-the-dream/

https://www.dailycommercial.com/story/news/local/2021/07/27/villages-receive-help-lake-county-build-wellness-complex/5380537001/

https://thevillageshealth.com/wp-content/uploads/2022/02/Care-Close-to-Home.pdf

4,880
Sq feet
3
Beds
3
Full baths
1
1/2 bath
1992
Built

Directions

Take FL-48 E. Turn left onto Hollondel Rd. Continue onto Banana Point Dr, and the destination will be on your Right.

Location

Street Address
5415 Banana Point Dr
Elevation
82 feet
Coordinates
28.763, -81.8639

Property details

Zoning
A
MLS Number
MFRMLS G5090496
Date Posted

Property taxes

2024
$8,619

Parcels

  • 12-20-24-0002-000-03900

Legal description

Resources

This 5.14-acre property is located at 5415 Banana Point Dr in Okahumpka, FL 34762 with latitude 28.763 and longitude -81.8639. The property is currently available for sale for $1,700,000. It has a 4,880 sq ft 3 bedroom, 3 bath house built in 1992. Listing data is sourced from Stellar MLS # G5090496.

Verify sale details at the property source or contact Real Broker at (863) 206-5755.

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Copyright (C) 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 45 mins ago. Parcel data by Regrid.

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