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Investment Highlights

  • Expansive 77± acre gated estate with lush landscapes and mature trees.
  • Multiple residences: ~8,000 SF main estate home, ~4,200 SF secondary home, ~900 SF cottage.
  • Rolling terrain with elevated water views and shaded walking trails.
  • Approximately 1,250 feet of private lake frontage on a scenic 200-acre lake.
  • Gated drive access from sought-after Thomasville Road location.
  • Ideal for use as private family compound, equestrian retreat, or multi-generational sanctuary.

Executive Summary

An extraordinary opportunity to own 77± acres of gated, pristine land with unmatched privacy and panoramic water views. This generational property boasts approximately 1,250 feet of shoreline along a scenic 200-acre private lake, offering serenity and exclusivity just minutes from the conveniences of North Tallahassee.
Experience the rare blend of natural beauty and refined living—a sanctuary surrounded by towering oaks, rolling terrain, and tranquil waterfront scenes.
Opportunities like this—large, private, and on the water—are increasingly rare. Detailed development plan and consulting available.

Property Facts

Price $10,000,000
Sale Type Investment
Sale Conditions
Build to Suit
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units - Senior
  • Master Planned Community
  • Planned Unit Development
  • Religious Facility
Total Lot Size 77.00 AC
Zoning Res - Residential Development potential

1 Lot Available

Lot

Price $10,000,000
Price Per AC $129,870.13
Lot Size 77.00 AC

OWNER-USER / ESTATE COMPOUND OR DEVELOPMENT! 77± Acre Private Lakefront Estate | 1,250 FT on 200-Acre Lake A truly rare offering—77± acres of private, gated land with sweeping lake frontage, mature trees, and multiple residences!

Description

Discover a rare 77± acre private estate featuring more than 1,250 feet of shoreline along a pristine 200-acre lake in North Tallahassee. Behind a gated entrance off Thomasville Road, the property unfolds into rolling terrain, majestic hardwood trees, and elevated vantage points overlooking serene water views. This exceptional compound includes an ~8,000 SF classic main residence, a ~4,200 SF brick home, and a ~900 SF guest cottage, complemented by a horse barn and multiple auxiliary buildings. With room for equestrian amenities, family gatherings, and outdoor recreation, this property offers unparalleled flexibility for a private family retreat, multi-generational living, or a weekend waterfront sanctuary. Positioned just minutes from schools, medical facilities, and the conveniences of North Tallahassee, the estate combines unmatched privacy with accessibility—making it one of the most exclusive offerings in the region.

Somewhat walkable
30/100
Very drivable
80/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 14-21-20-001-000.0
  • 14-21-20-403-000.0
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,346,937
  • Listing ID: 39892382

  • Date on Market: 3/24/2026

  • Last Updated:

  • Address: 2984 Wateroak Plantation, Tallahassee, FL 32312

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