Homebuilder buys ‘shovel-ready’ land near The Villages

ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.

A homebuilder bought a parcel of land in Lake County that spent the last two years getting cleared and permitted for a new housing division.

▶ WATCH CHANNEL 9 EYEWITNESS NEWS

Macallan Development sold three parcels comprising roughly 40 acres northeast of the Florida Turnpike in Leesburg for $3.4 million, according to county records.

The buyer was MVPD Oak LLC, an entity that shares an address with California-based developer Mission Valley Properties. Representatives for Mission Valley could not be reached for comment.

Read: Sheriff: Volusia student, 11, arrested after mass shooting threat, weapons stockpile found

Click here to read the full story on the Orlando Business Journal’s website.

Click here to download our free news, weather and smart TV apps. And click here to stream Channel 9 Eyewitness News live.