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5818 Duckweed Road, Lake Worth, FL – $1,625,000

  • $1.6M Price
  • 5 Acres
  • $1.6M Price
  • 5 Acres

5818 Duckweed Road

Motivated seller slashing the price by $400,000 for a quick sale! Welcome to Homeland, a charming equestrian neighborhood nestled within a wildlife refuge. Across the canal is 145,000 acres of untouched wildlife sanctuary, creating a serene and picturesque environment. This full five-acre interior and corner lot offers exceptional resale and investment potential, making it a valuable asset in this sought-after community. Unlike other properties in the area, this lot is free from the two-acre easement from FPL. According to the founder of Homeland, this lot is hailed as the best that has ever graced the neighborhood. W/ no wetlands to contend with, saving an estimated $120,000 per acre, this lot is truly a gem. Build your dream home/barn/arena/guest house/riding ring.Homeland has never undergone an assessment in its entire existence, with properties that are meticulously maintained. This lot is truly a gem, being the best available in Homeland for the past several years. It boasts no wetlands, no need for DEP assessments or mitigation, and was developed over 15 years ago with 450 loads of premium fill for an oversized Housepad. Positioned in such a way that any house built on it will enjoy a stunning lake view from the northeast corner, this lot is truly special. The motivated seller has dropped the price by $300,000 since listing, making it a fantastic opportunity for those looking to invest. With the rapidly growing market in Homeland, lots are expected to reach $2.5+ million once all surrounding construction is complete. Hard money loans are available for vacant land, ensuring that this pristine lot does not slip through your fingers. Don't miss out on the chance to build your dream home, guest house, barn, riding ring, and arena on this full five-acre, fully usable lot. Unlike other lake-view properties in Homeland, this lot retains its full five acres, already fenced and ready for development. Clearing bids are available at $29,500, with low taxes and HOA fees making this an attractive investment opportunity. Get in touch today to secure your piece of paradise with hard money loans at the ready. Five minutes to the Turnpike, Wellington mall, Whole Foods, Publix, golf, fine dining, WEF, PBIEC, and Global. Fifteen minutes to the international airport called PBI.

Essential Information

  • MLS® #RX-10965145
  • Price$1,625,000
  • Acres5.00
  • TypeLand / Boat Docks
  • Sub-TypeAgricultural
  • StyleNo
  • StatusActive

Community Information

  • Address5818 Duckweed Road
  • Area5790
  • SubdivisionHOMELAND
  • CityLake Worth
  • CountyPalm Beach
  • StateFL
  • Zip Code33449

Amenities

  • ViewCanal, Lake
  • Is WaterfrontYes

Utilities

Electric, Well Water, Septic Sewer, Cable, Phone Line, Lake Drainage

Waterfront

Canal Width 1-80 Feet, Interior Canal, Lake Front

Exterior

Lot Description

1 to < 2 Acres, 2 to < 3 Acres, 3 to < 5 Acres, 5 to 10 Acres, Corner Lot, Interior Lot, Paved Road, Private Road

School Information

  • ElementaryPanther Run Elementary School
  • MiddlePolo Park Middle School
  • HighWellington High School

Additional Information

  • Listing Courtesy ofLAB Real Estate LLC
  • Date ListedMarch 4th, 2024
  • ZoningAR
  • HOA Fees225
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Price Change History for 5818 Duckweed Road, Lake Worth, FL (MLS® #RX-10965145)

Date Details Change
Price Reduced from $1,700,000 to $1,625,000 $75,000 (4.41%)
Price Reduced from $1,750,000 to $1,700,000 $50,000 (2.86%)
Price Reduced from $2,500,000 to $1,750,000 $750,000 (30.00%)
Price Increased from $1,800,000 to $2,500,000 $700,000 (38.89%)
Price Increased from $1,750,000 to $1,800,000 $50,000 (2.86%)
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