The Meadows of Astatula, a 165-unit family community located in Lake County. This offering includes 76 platted developed lots all with underground power, water and sewer and the Developer’s rights which includes the exclusive right to lease homes or land. The market value of each lot is $19,900 to $24,900. The rest of the Community consists of lots that have homes (2004 to 2006 Homes of Merit) on them owned by individuals. In 2005 these homes were selling for over $160,000 and the old developer sold approximately 56 homes in an 18-month span. Now these existing homes are now selling for about $110,000 for a 1,296 square foot home and $125,000 for a 1,512 Square foot home. New homes are selling for between $134,900 and $183,000. The website for this Community is www.meadowsofastatula.com and is currently being updated.
