38201 MAGPIE WAY, LEESBURG, FL, 34788
Active189 days on marketListed Jan 28, 2026MLS #G5107355
About this home
38201 MAGPIE WAY
BEAUTIFUL CORNER DOUBLE LOT, YOU OWN THE LAND, WITH A LOW HOA!!! This property is a fisherman's paradise in a community located on Lake Yale, a 4,000+ acre beautiful lake with great fishing and water sports options. The community has it's own boat ramp and a fish cleaning station for you to enjoy the sport from the convenience of the community! There is a 50-amp RV hookup (you pay the electricity) with sewer and water included in your low HOA fee, the property is also wired for internet! This lot features a storage shed that has been upgraded with a ceiling fan, electricity and a full-size washer and dryer that will remain with the property. There is a beautiful sitting area in the back with a sunshade, lights and outdoor furniture and a grilling station for you to sit and enjoy! You can bring your own RV or have a Park Model installed, the RV can be stored on your lot year-round when not in use. Want extra income? You can rent it out when you are not using it, (HOA approval required). The possibilities are endless!! Located close to shopping, medical facilities with a rural feel makes this a perfect winter vacation getaway!
Facts & features
The home at a glance
0.07 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$611 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$611/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Leesburg
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Leesburg. See the full Leesburg guide →
LEESBURG 34788 — neighborhood snapshot
Population
21,867
Median age
56.4
Median income
$57,477
Median home value
$168,900
Avg household
2.33
Households w/ children
1,648
For the school run
Lake County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Leesburg market
$269K → $290K
Leesburg median sold, yr/yr
96.1%
Sale-to-list ratio (12 mo)
Median sold price, Leesburg, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 84% below the LEESBURG 34788 median. See the full Leesburg market guide →
Paper trail
This home's history
Reality check
What actually sold near 38201 MAGPIE WAY
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Sep ’25$45,000
11320 GOLDFINCH WAY
1 bd · 1 ba · 264 sqft · $170/sqft · 69 DOM
Sold · Apr ’26$41,000
310 MAGNOLIA DRIVE
2 bd · 1 ba · 576 sqft · $71/sqft · 45 DOM
Sold · Aug ’25$64,000
11303 GOLDFINCH WAY
1 bd · 1.5 ba · 648 sqft · $99/sqft · 1 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Eric Chery
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 38201 MAGPIE WAY — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 38201 MAGPIE WAY — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Eric's phone and CRM.
Straight answers
38201 MAGPIE WAY FAQs
What would the monthly payment be for 38201 MAGPIE WAY?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $611/mo — principal and interest, the actual property-tax bill, the $140/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 38201 MAGPIE WAY?+
The association fee works out to $140 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 38201 MAGPIE WAY?+
The most recent tax bill on record (2025) was $82. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 38201 MAGPIE WAY?+
The listing reports pets: Cats OK, Dogs OK. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Leesburg?+
At $48,000, this home is listed about 84% below the Leesburg median of $299,800. The market section on this page shows how the area is trending.
Which schools are assigned to 38201 MAGPIE WAY?+
Treadway Elementary School (elementary), Leesburg High School (high), Oak Park Middle School (middle) — Lake County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the LEESBURG 34788 market on paper
$48,000 is 84% below the LEESBURG 34788 median of $295,000.
02Time on market is leverage
189 days on market against a Leesburg median of 57 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $55,000, now $48,000 — a $7K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of CENTRAL LAKES REALTY LLC · Debbie Affatato. MLS #G5107355.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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