Ask Ben.
Ask Ben.
(904) 595-8967

Benjamin Subercaseaux, Sales Associate · Florida Homes Realty & Mortgage

$60,000

142 FERNCREEK Drive, Georgetown, FL 32139, Georgetown, FL 32139

Lake George Manor

Price
$60,000
Beds / Baths
0 / 0
Living area
0 sqft
Year built
0
Type
Land
Lot
1.84 ac
Garage
0
HOA
None
CDD
No
Flood zone
Unknown
County
Putnam
Days on market
226

Sellers will consider having the home with fire damage removed at closing for a Buyer who presents a full price offer closing prior to July 31st, 2026! Looking for quiet, rural and small town character with TONS of outdoor activities? Georgetown offers all of that and more! The unincorporated town is situated on the shores of Lake George, Florida's second largest lake) at the mouth of the St Johns River and providing opportunities for lake access, water activities, fishing and boating. Properties are only 3 miles from Bass World Lodge & Marina 2 miles from the Drayton Island Ferry. Investment & Land Buyers, Lifestyle Buyers & Second Home/Retirement Buyers will reap the benefits of lower property taxes, access to recreational outdoor activities and potential to grow your investment in the coming years. With (2) of the (3) parcels being adjoining and (1) across the street, it is the ideal layout for those looking for a family compound as well. All (3) parcels are being sold together for a combined 1.84 acres. (2) Parcels host tear-down mobile homes and (1) is uncleared and vacant. Electricity is available to all (3) parcels -- the (2) parcels with mobiles on them have well & septic systems in unknown condition saving on impact fees and infrastructure costs in building! For investors - all (3) parcels are currently zoned R2 - Residential Two Family/A2 - Agricultural.

What to check on this one

  • Verify exact flood zone via FEMA map; request elevation certificate if in AE/VE.
  • Confirm utility availability and hookup costs for all three parcels.
  • Obtain demolition cost estimates for two mobile homes; verify removal timeline.
  • Check Putnam County zoning; confirm intended use (residential, investment, compound) is permitted.
  • Review title for liens, easements, or encumbrances affecting all three parcels.
  • Clarify seller's fire-damage removal offer terms and closing deadline enforcement.

Flagged from the listing itself — not an inspection, and no substitute for one. Bring these to the showing.

What this home really costs per month

Principal & interest$311/mo
Property tax (1.1% eff., Putnam Co.)$55/mo
Homeowners insurance (est.)$292/mo
All-in monthly (est.)$658/mo

Loan $48,000 at 6.75% · 30 yr

Not a loan quote. Rate, insurance, and tax are stated assumptions — a lender and an insurance agent give real numbers. Homestead exemption lowers taxes after you file.

Listing courtesy of REAL BROKER LLC. Data via realMLS (Northeast Florida MLS), updated Aug 31, 2026, 3:05 PM.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.