Spacious Lake County Retreat with Guest Cottage Near The Villages
Enjoy a peaceful lifestyle just outside the bustle of city life on this expansive 1.5-acre property, offering ample space between neighbors and serene natural surroundings. Located less than 20 miles from The Villages—home to more than 100 restaurants and 365 days of live entertainment—this farmhouse-style residence blends privacy with convenience. It also offers easy access to Downtown Leesburg, Downtown Mount Dora and is just one hour from the World Equestrian Center and Ocala National Forest.
The primary home features four bedrooms and two-and-a-half baths across 2,937 square feet, with lake views from the wrap-around porch and pool deck. A self-sustained one-bedroom, one-bath guest cottage spans 1,190 square feet, offering flexible options for multi-generational living or extended guest stays.
Recent upgrades include a new roof (2023), two 50-gallon water heaters (2025), a whole-house Generac generator and a comprehensive water softener system. The screened saltwater pool with spillover spa adds to the home’s private retreat-like feel. Additional highlights include a stone fireplace, no-carpet flooring, a hurricane room and a circular drive shaded by mature live oaks.
This is a unique opportunity to experience spacious, tranquil living—without sacrificing access to Central Florida’s most celebrated lifestyle destinations.
Enjoy a peaceful lifestyle just outside the bustle of city life on this expansive 1.5-acre property, offering ample space between neighbors and serene natural surroundings. Located less than 20 miles from The Villages—home to more than 100 restaurants and 365 days of live entertainment—this farmhouse-style residence blends privacy with convenience. It also offers easy access to Downtown Leesburg, Downtown Mount Dora and is just one hour from the World Equestrian Center and Ocala National Forest.
The primary home features four bedrooms and two-and-a-half baths across 2,937 square feet, with lake views from the wrap-around porch and pool deck. A self-sustained one-bedroom, one-bath guest cottage spans 1,190 square feet, offering flexible options for multi-generational living or extended guest stays.
Recent upgrades include a new roof (2023), two 50-gallon water heaters (2025), a whole-house Generac generator and a comprehensive water softener system. The screened saltwater pool with spillover spa adds to the home’s private retreat-like feel. Additional highlights include a stone fireplace, no-carpet flooring, a hurricane room and a circular drive shaded by mature live oaks.
This is a unique opportunity to experience spacious, tranquil living—without sacrificing access to Central Florida’s most celebrated lifestyle destinations.
Property Details
Price:
$1,075,000
MLS #:
O6280972
Status:
Active
Beds:
5
Baths:
3.5
Address:
5150 BANANA POINT DRIVE
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
BANANA POINT II SUB
Neighborhood:
34762 – Okahumpka
City:
OKAHUMPKA
Listed Date:
Feb 14, 2025
State:
FL
Finished Sq Ft:
5,459
Total Sq Ft:
5,459
ZIP:
34762
Lot Size:
66,267 sqft / 1.52 acres (approx)
Year Built:
2002
See this Listing
I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.
More About GaryMortgage Calculator
Schools
Elementary School:
Leesburg Elementary
Middle School:
Oak Park Middle
High School:
Leesburg High
Interior
Appliances
Convection Oven, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator, Water Filtration System, Water Softener
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Carpet, Ceramic Tile
Heating
Central, Propane
Laundry Features
Inside, Laundry Room
Exterior
Architectural Style
Custom, Traditional
Construction Materials
Wood Frame
Exterior Features
French Doors, Garden, Irrigation System, Rain Gutters, Sliding Doors
Other Structures
Guest House
Parking Features
Circular Driveway, Driveway, Garage Door Opener, Garage Faces Side, Off Street
Roof
Shingle
Security Features
Smoke Detector(s)
Financial
HOA Fee
$350
HOA Frequency
Annually
HOA Name
Frederick Mottle
Tax Year
2024
Taxes
$8,287
Map
Community
- Address5150 BANANA POINT DRIVE OKAHUMPKA FL
- SubdivisionBANANA POINT II SUB
- CityOKAHUMPKA
- CountyLake
- Zip Code34762
Similar Listings Nearby
- 9210 COUNTY ROAD 48
YALAHA, FL$1,299,900
4.23 miles away
- 1102 N PALMETTO STREET
LEESBURG, FL$900,000
4.22 miles away
- 26711 COUNTY ROAD 33
GROVELAND, FL$850,000
2.65 miles away
- 1603 MCMURTRIE LOOP
THE VILLAGES, FL$799,000
2.41 miles away
- 5100 BANANA POINT DRIVE
OKAHUMPKA, FL$799,000
0.20 miles away

5150 BANANA POINT DRIVE
OKAHUMPKA, FL
LIGHTBOX-IMAGES