RARE 4.24-ACRE LAKEFRONT ESTATE LOT IN SUBURBAN HEIGHTS. Discover an opportunity to build a custom estate in Gainesville’s highly sought-after Suburban Heights neighborhood. This gated, exceptionally private property offers a rare combination of a large cleared homesite, lake frontage, mature forest, and convenient access to the city’s premier destinations—all without an HOA. Tucked away at the end of a quiet cul-de-sac, the property is accessed through a wooded easement and opens to a large, square-shaped, high-and-dry building area. The property is secluded with an 8’ privacy fence along the eastern lot line, lake to the south, and otherwise surrounded by nature. Envision building your dream home overlooking a private garden, creating walking trails through your very own forest, and enjoying a dock along the lake for beautiful sunsets and tranquil canoeing. It’s the ultimate Gainesville location: 3 miles to the University of Florida, less than 2 miles to I-75, 1.5 miles to Oaks Mall, HCA North Florida Hospital & Shoppes at Thornebrook, and approximately 1 mile to Gainesville Health & Fitness and Publix.
Due diligence has already been completed on this open-builder property. GRU utilities are available, including city water, city sewer, city gas, and underground electric. Two water meters are in place at the end of the cul-de-sac, offering the potential for separate service to a main residence and ADU. A tree survey is available upon request. The property is exempt from a sidewalk requirement, and driveway paving is not required. Gainesville residential zoning allows up to two ADUs. Due to the existing access easement, the property cannot be subdivided. An octaconal chert structure remains on the property, along with a mound of limerock that could be an asset for future landscaping. Wetlands are located to the north and south of the property, with construction subject to maintaining the applicable 50-foot buffer. The elevation survey shows the building area to be high and dry, and lake drains to the South for additional peace of mind. The building site is located in Flood Zone X, while the portion containing the lake is in Flood Zone A.
A truly distinctive opportunity to create a secluded luxury estate in one of Gainesville’s most desirable and community-oriented neighborhoods – with acreage, lake frontage, natural beauty, and exceptional proximity to everything the city has to offer. Contact the Listing Agent for additional property details and due diligence information.
Due diligence has already been completed on this open-builder property. GRU utilities are available, including city water, city sewer, city gas, and underground electric. Two water meters are in place at the end of the cul-de-sac, offering the potential for separate service to a main residence and ADU. A tree survey is available upon request. The property is exempt from a sidewalk requirement, and driveway paving is not required. Gainesville residential zoning allows up to two ADUs. Due to the existing access easement, the property cannot be subdivided. An octaconal chert structure remains on the property, along with a mound of limerock that could be an asset for future landscaping. Wetlands are located to the north and south of the property, with construction subject to maintaining the applicable 50-foot buffer. The elevation survey shows the building area to be high and dry, and lake drains to the South for additional peace of mind. The building site is located in Flood Zone X, while the portion containing the lake is in Flood Zone A.
A truly distinctive opportunity to create a secluded luxury estate in one of Gainesville’s most desirable and community-oriented neighborhoods – with acreage, lake frontage, natural beauty, and exceptional proximity to everything the city has to offer. Contact the Listing Agent for additional property details and due diligence information.
Property Details
Price:
$332,000
MLS #:
GC543599
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subdivision:
KINGSWOOD 4TH ADD
Neighborhood:
32605gainesville
Listed Date:
Sep 18, 2026
Lot Size:
184,694 sqft / 4.24 acres (approx)
See this Listing
Schools
Elementary School:
Littlewood Elementary School-AL
Middle School:
Westwood Middle School-AL
High School:
F. W. Buchholz High School-AL
Interior
Exterior
Fencing
Boundary Fencing, Wood
Lot Features
Buildable, Cleared, Cul-De-Sac, City Lot, Private, Room For Pool, Wetlands
Other Structures
Other
View
Trees/Woods, Water
Waterfront Features
Lake Front
Financial
Tax Year
2026
Taxes
$4,458
Map
Community
- Address1840 NW 51ST TERRACE GAINESVILLE FL
- SubdivisionKINGSWOOD 4TH ADD
- CityGAINESVILLE
- CountyAlachua
- Zip Code32605
Subdivisions in GAINESVILLE
Market Summary
Current real estate data for Land in GAINESVILLE as of Oct 19, 2026
135
Land Listed
362
Avg DOM
$815,372
Avg List Price
Property Summary
- Located in the KINGSWOOD 4TH ADD subdivision, 1840 NW 51ST TERRACE GAINESVILLE FL is a Land for sale in GAINESVILLE, FL, 32605. It is listed for $332,000 and features 4 acres. To schedule a showing of MLS#gc543599 at 1840 NW 51ST TERRACE in GAINESVILLE, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of FLORIDA HOMES REALTY & MORTGAG. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 1840 NW 51ST TERRACE
GAINESVILLE, FL
