9.73 Acres – Med/High Density Residential Future Land Use The Lake Saunders development site is ideal for a single-family development, multifamily, townhome, BTR, resort project, Age 55+ community, senior independent living, senior care the high-growth Tavares - Mount Dora - Eustis area. The site is on Old US Hwy 441, 1.0 miles south of US 441, 2.0 miles east of Tavares the Lake County Seat and 2.5 miles west of historic downtown Mount Dora. Old US Hwy 441 is an east-west through-fare located between Mount Dora and Tavares on the north shore of Lake Dora. The two combined parcels consist of 9.73 acres on the south shore of 337-acre Lake Saunders with 560 ft of frontage on both Old US Hwy 441 and Lake Saunders. Approximately 8.88 acres of the site are reported to be uplands. The parcel allows direct access to Lake Saunders via a dock and boat ramp. Surrounding nearby properties include commercial and residential developments. The lakefront parcels are zoned for approximately 78 town home units and/or 240 apartment units. The properties have been annexed into the City of Tavares and provide the only remaining opportunity to develop a large scale, garden style multi-family apartment complex on Lake Saunders. Much of the pre-development site assessment work has been completed. The nearby Lake County, Tavares, Mount Dora and Eustis areas are highly desirable residential living locations. The immediate area is seeing rapidly increasing development and growth due to its ideal and easily assessable location between Orlando and the Villages to the west. The just completed extension of the 453/429 Tollway from Orlando to SR 46 provides modern and rapid access to the Orlando metro area less than ½ hour to the southeast. Northeast Lake County is now realizing the residential and commercial development pace of the greater Orlando suburban areas of the past ten years.