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Prime Waterfront Land with 8,000 ft Lake Frontage in FL

Nearly 400 acres of residentially zoned waterfront land on Lake Pythias with approval for 1,100 units, located in Highlands County, FL.

$9,000,000

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MLS #F10519698

Listing Updated: 2026-07-11 00:40:59

Listed By: Wealth Harbor

Overview

This exceptional waterfront property offers nearly 400 acres of residentially zoned land in Highlands County, Florida, featuring over 8,000 feet of frontage on Lake Pythias, covering more than 75% of the lake's shoreline. The land spans the border between Polk and Highlands counties and is approved for up to 1,100 residential units, making it a rare opportunity for large-scale development. Central water service is available, and the site is conveniently located just north of Avon Park, adjacent to River Greens Golf Course, with easy access to major highways. The county supports development with no impact fees, enhancing the appeal for potential projects. The property is priced at $9 million as-is, with a price option of $13 million if the seller waits for all entitlements approval, with negotiable terms.

Property Highlights

Nearly 400 acres of waterfront land; Over 8,000 ft frontage on Lake Pythias; Zoned for 1,100 residential units; Located north of Avon Park; Adjacent to River Greens Golf Course; Central water available; No impact fees; Easy highway access; Price reduced from $15M to $9M; Seller open to entitlement approval at $13M.

Property Details

City:

State: FL

Zip Code: 33825

Address: 3073 CR 627, FL 33825

Year Built:

Property Type: Land/Boat Docks

Property Sub Type: Agriculture

Listing Office Name: Wealth Harbor

County: Highlands County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: Yes

Pool: No

HOA Fee: $0

Annual Tax: $8,700

Days On Market: 301 Days

Original Listing Description

ALMOST 400 ACRES OF RESIDENTIALLY ZONED LAND IN HIGHLANDS COUNTY!This waterfront residential land presents a rare opportunity to own a prime parcel with over 8,000 ft of frontage on Lake Pythias, more than 75% of lake shoreline. Spanning across the border of Polk and Highlands counties, the land is zoned for residential development with approval for 1,100 units. Central water is available. Centrally located north of Avon Park, the property is just minutes from local infrastructure, adjacent to River Greens Golf Course. Easy access to major highways. The county is highly supportive of development in the area, no impact fees.THE LAND IS PRICED $9M TO SELL AS IS (Price reduced from $15M)THE SELLER IS OPEN TO WAIT FOR ALL ENTITLEMENTS APPROVAL WITH PRICE OF $13M, TERMS ARE NEGOTIABLE.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

3073 CR 627, FL 33825

About This Neighborhood

Located north of Avon Park, this property benefits from proximity to local infrastructure and amenities. The adjacent River Greens Golf Course adds recreational appeal. The area combines rural tranquility with convenient access to highways, supporting both residential living and development. Highlands County is known for its supportive approach to new projects, making this location favorable for large-scale residential communities. The natural lakeside environment offers scenic views and outdoor lifestyle opportunities.

Walkability & Lifestyle

While the property itself is a large land parcel, its location near Avon Park and River Greens Golf Course offers access to recreational and lifestyle amenities. Residents will find opportunities for outdoor activities, golf, and lakeside enjoyment. Nearby highways facilitate access to shopping, dining, and services in the region. The area balances rural space with convenient access to daily necessities, supporting a comfortable lifestyle for future residents.

Things To Do Nearby

Residents and visitors can enjoy a range of outdoor activities including boating and fishing on Lake Pythias, golfing at the adjacent River Greens Golf Course, and exploring nearby parks. The proximity to Avon Park allows access to local dining, shopping, and cultural events. The region’s natural beauty and recreational options provide a balanced lifestyle combining relaxation and active pursuits.

Nearby Schools

The property’s location near Avon Park provides access to local schools serving the Highlands County community. Families considering residential development here will benefit from established educational options within a reasonable distance. The area's schools contribute to the neighborhood's appeal for buyers seeking family-friendly environments. Convenient school access complements the residential zoning and supports long-term community growth.

Why Buyers Like This Area

Buyers appreciate this property for its rare combination of extensive waterfront frontage and residential zoning in Highlands County. The approval for 1,100 units offers significant development flexibility. Its location near Avon Park and major highways ensures accessibility, while the adjacency to a golf course enhances lifestyle value. The county’s supportive stance on development without impact fees further attracts buyers looking for a viable large-scale project site.

Investment Potential

This waterfront land in Highlands County offers a unique opportunity for residential development with approval for 1,100 units. Its extensive lake frontage and central water access enhance its development potential. The county's support for growth without impact fees adds value for developers. The property's location near Avon Park and major highways makes it accessible and attractive for future residents. While priced at $9 million as-is, the seller is open to negotiating terms for entitlement approvals, providing flexibility for buyers considering long-term projects.

Market Trends

The Highlands County real estate market is characterized by growing interest in residential development, especially in areas with waterfront access. Demand for large parcels with development approvals remains steady, supported by local government policies encouraging growth. Inventory for such expansive waterfront properties is limited, making this offering notable. Buyers and developers are attracted to the combination of location, zoning, and infrastructure availability, which aligns with the region's gradual expansion and lifestyle appeal.

Rental Income Potential

While this property is primarily suited for residential development, its waterfront location and proximity to recreational amenities suggest potential appeal for future rental markets. Seasonal demand for lakefront living can attract tenants seeking vacation or long-term residences. The area's accessibility and nearby golf course enhance tenant interest. Investors considering phased development may find opportunities to capitalize on rental demand as the community grows, although rental income is subject to market conditions and development progress.