Approved and pre-construction near Eustis, FL
Lake Yale PUD
1,600 homes approved on about 456 acres south of Lake Yale, not the 1,200 you have read
In February 2026 the Lake County commission adopted the rezoning for this property on a divided vote. The approval allows a maximum of 1,600 homes, of which 1,150 are active-adult and 450 are not age-restricted, plus 50,000 square feet of commercial space. There is no builder, and that is deliberate rather than pending.
- Area
- Eustis, FL
- Homes
- 1,600 max
- Site
- About 456 ac
- Adopted
- Feb 2026
At a glance
Lake Yale PUD fast facts: adopted February 2026
Here is what is on the public record today and what has not been released. Anything marked not yet released, join the interest list and it goes out the day it drops.
- Area
- Eustis area, FL
- County
- Unincorporated Lake County
- Site
- About 456 acres
- Approved plan
- 1,600 homes maximum
- Active-adult units
- 1,150 of the 1,600
- Non-age-restricted
- 450 of the 1,600
- Commercial
- 50,000 square feet
- Zoning
- Planned Unit Development
- Adopted
- February 2026
- Road agreement
- About $4.7 million, developer funded
- Home builder
- None, and none plannedGet notified
- Home plans and sizes
- Not yet releasedGet notified
- Pricing
- Not yet releasedGet notified
- Marketing name
- Not yet announcedGet notified
Details on this page are compiled from public entitlement records and are targets, not commitments. Pricing, floor plans, home counts, and timing have not been released by the builder and are subject to change without notice.
Where it is
North of County Road 452 and south of Lake Yale, in unincorporated Lake County in the Eustis area. More precisely, the north side of County Road 452, east of South Fish Camp Road and west of Yale Circle. Some county documents call the area Grand Island. No street addresses yet.
Adopted, contested, and reported wrong
1,600 homes were approved here in February 2026, and the number circulating publicly is 1,200. There is no builder and no marketing name. Add your name, email and phone and you will hear when product, a name, or pricing is announced, and be registered as represented before your first visit.
The part everyone got wrong
It is 1,600 homes. The 1,200 figure is the old zoning.
Search this project and you will find headline after headline describing a 1,200-unit approval. That number is real, but it is not the approval, and the mix-up is easy to trace once you read the adopted documents rather than the coverage.
What was adopted is a maximum of 1,600 residences, set out plainly in the ordinance the commission passed: 1,150 active-adult units and 450 single-family and multi-family units, together with 50,000 square feet of commercial space, at a maximum density of just under three and a half units per net acre.
Where 1,200 comes from is the argument made repeatedly at the hearing about what the land could already have become. Under its previous zoning the property was entitled for roughly 1,200 homes without any rezoning at all, and both supporters and opponents used that as the baseline. One commissioner put it directly, saying the owners already had the right to 1,200 units on the property. A news report carried that number out of the room as though it were the decision.
The practical difference is 400 homes, plus a commercial component and an active-adult designation that the old zoning did not include. If you live nearby, or you are considering buying here, that is not a rounding error.
How we know: we read the adopted ordinance and the commission's own minutes of the February 2026 hearing, which record the motion, the divided vote, and the buffer condition added from the dais. When the record and the coverage disagree, we publish the record.
About the plan
What was actually approved
The rezoning covers about 456 acres, moved from agricultural, rural residential and estate residential classifications into a single Planned Unit Development. A companion land use amendment covering roughly 209 acres of that land changed its designation from rural transition to urban low density, and cleared state review without objection before the county adopted it.
The approved program is a maximum of 1,600 homes, comprising 1,150 active-adult units and 450 units that carry no age restriction, spanning detached houses, townhomes and multifamily, plus 50,000 square feet of commercial space. The active-adult designation is defined in the ordinance by reference to the federal housing-for-older-persons standard rather than as a marketing label.
The approval was contested. It carried on a divided commission vote in February 2026 after being continued from January, with traffic on the surrounding rural county roads as the dominant objection. The commission added a condition from the dais requiring a minimum 25-foot buffer with enhanced landscaping along County Road 452, and the applicant committed to Florida native landscaping throughout the community.
One figure we corrected on the way in: a cover memo in the county's own packet describes 100,000 square feet of commercial space, while the adopted ordinance says 50,000. The ordinance is the document with legal effect, so 50,000 is what we publish, and we mention the discrepancy rather than quietly picking the larger number.
Who is behind it
A landowner-led project that turned the national builders away
On nearly every community we document, the honest answer to who is building the homes is that no builder has been named yet. Here the answer is different and more interesting: the applicant told the county on the record that the project was deliberately not designed to accommodate national tract builders, and that no national builder was driving it. A speaker at the hearing observed that the landowning family was doing this rather than a publicly traded homebuilder.
The land is held by a family partnership and related owners who have been in this part of Lake County for a long time. The stated design approach is traditional neighborhood development, the walkable pattern organized around a neighborhood core, which is consistent with the 50,000 square feet of commercial space in the approval and is genuinely difficult to execute with a conventional production-builder model.
What that means for a buyer. There will be no national builder marketing campaign, no grand opening event and no glossy pre-launch website. Product is likely to arrive in smaller increments, and the community may well be substantially under way before most people in the area know its name. That is the strongest possible case for being on a list rather than waiting for an announcement, because on this project there may not be much of an announcement.
A note for anyone cross-referencing county records: a well-known national builder's name appears elsewhere in the same February 2026 agenda packet, attached to an entirely unrelated item about a different community in another part of Lake County. It has nothing to do with this property, and we mention it only because the two sit a few pages apart in the same document.
Roads, costs and open items
What the developer agreed to build
Traffic drove this hearing, and the approval reflects it. The development agreement adopted alongside the rezoning commits roughly $4.7 million of developer-funded off-site road work, a substantial portion of which is offset by transportation impact fee credits the developer would otherwise have received. The improvements are specific rather than aspirational:
Extended southbound turn lanes at the County Road 44 and County Road 452 intersection. Resurfacing and widening roughly 3,800 feet of Apiary Road to 24 feet. A traffic signal at County Road 44 and Apiary Road. And roundabouts at both County Road 452 entrances to the community, with signals as the fallback if roundabouts prove impractical.
Two open items are worth knowing. The traffic signal is conditional on preconditions outside the developer's control, so it is not guaranteed on any timeline. And the maintenance agreements for the roundabouts have not yet come back to the county commission, which is a normal follow-on step but one that has not happened.
On carrying costs: this is unincorporated county land, so a tax bill would combine county millage, the school board, the water management district and other special districts, with no city millage. If a community development district is eventually created to finance infrastructure, its assessment would appear separately on your tax notice on top of HOA dues. None has been published for this project.
We do not publish drive times to Eustis, Leesburg, Mount Dora or Orlando, because this community has no assigned address or coordinates yet and any mileage would be invented precision. What is true and needs no number: it fronts County Road 452 between South Fish Camp Road and Yale Circle.
What you need to know
Buying new construction, the smart way
Whoever ends up selling homes here, the same rule applies: the person at the sales desk works for the seller, not for you. They are usually helpful and usually honest, and they still represent the other side of the transaction. You are allowed, and smart, to have your own representation, and in almost every case it costs you nothing, because a cooperating commission is typically budgeted into the deal whether you bring an agent or not.
The catch is timing. Most builders and many developer-led sales programs require your agent to register you on your first visit. Tour or sign in alone and bring an agent later, and you can lose your representation for that community. Get connected before you tour, have your agent register you, and let them read the contract, the addenda, and, in Florida, any CDD disclosure.
On this project specifically there is one question worth having someone ask on your behalf: what, exactly, are the lake rights. The property is south of Lake Yale and the plan contemplates a waterfront activity area, but nothing published establishes what access an individual homeowner would have. That is the kind of thing that is easy to assume and expensive to be wrong about.
Subdiview is not affiliated with, endorsed by, or sponsored by the landowners, the applicant, any homebuilder, or Lake County. No homebuilder is involved in this community; the ownership and applicant parties are identified here because they are the parties of record in the county's published entitlement documents, which is a statement of fact about the public record and not a representation of any relationship. Community names and marks are the property of their respective owners and are used for identification only. Subdiview is operated by a real estate broker licensed in Illinois. We are not your agent, we do not represent you, and we perform no real estate brokerage services in this state. No one at Subdiview is licensed in this state. If you join an interest list, your information is referred to a real estate professional licensed in the state where the property is located, who will contact you directly. We are compensated by that professional's brokerage, not by you. All community details on this page are compiled from public records, are targets rather than commitments, and are subject to change without notice.
Questions and answers
Lake Yale PUD FAQ
What is the Lake Yale PUD?
It is an approved Planned Unit Development on about 456 acres of unincorporated Lake County, north of County Road 452 and south of Lake Yale, in the Eustis area. The county commission adopted the rezoning in February 2026, allowing a maximum of 1,600 homes plus 50,000 square feet of commercial space. Nothing is built, no builder is involved, and nothing is for sale.
Every article says 1,200 homes. Why do you say 1,600?
Because 1,600 is what the county actually adopted, and 1,200 is a different number that got reported as though it were the approval. The adopted ordinance is explicit: a maximum of 1,600 residences, described in the ordinance title as 1,150 active-adult units and 450 single-family and multi-family units. The figure 1,200 is the number of homes the land was already entitled for under its previous zoning, which came up repeatedly at the hearing as the no-action alternative, including in a commissioner's remark that the owners already had the right to 1,200 units on the property. A news report picked that up as the approval. If you are trying to understand what may be built next door to you, the difference between 1,200 and 1,600 is 400 homes.
Is this an age-restricted community?
Partly, and the split matters. Of the 1,600 units, 1,150 are designated active-adult, which the ordinance defines by reference to the federal housing-for-older-persons standard. The remaining 450 are not age-restricted. So this is neither a conventional family subdivision nor a pure 55-plus community; it is planned as both on one property. How the two are arranged relative to each other has not been published.
Who is building the homes?
Nobody, and this is the most unusual thing about the project. On most pre-construction communities we say no builder has been named yet. Here, the applicant's planner told the county on the record that the project was deliberately not designed to accommodate national tract builders, and that a national builder was not driving it. A speaker at the hearing noted that the landowning family was undertaking it rather than a publicly traded homebuilder. So this is not a case of an unannounced builder waiting in the wings. It is a landowner-led development that has explicitly stepped away from the production-builder model.
What does that mean for what actually gets built?
Practically, it points toward a different kind of product and a different pace. The design approach described in the record is traditional neighborhood development, the walkable, mixed-use pattern with a neighborhood core rather than pods of identical houses on cul-de-sacs. The approval carries 50,000 square feet of commercial space, which supports that reading. It also means there is no builder marketing machine to announce a grand opening, so this is exactly the kind of project that reaches the market quietly. We would set expectations toward a longer, more incremental buildout than a national builder would run.
Where exactly is it?
North of County Road 452 and south of Lake Yale, in unincorporated Lake County in the Eustis area. The development agreement locates it more precisely as the north side of County Road 452, east of South Fish Camp Road and west of Yale Circle. Some earlier county documents describe the area as Grand Island rather than Eustis, which is a local naming difference rather than a discrepancy about the land. There are no street addresses or platted lots yet.
Does this mean homes on Lake Yale?
We are not going to tell you that, because the public record does not establish it. The property lies south of the lake and the plan as described in county documents contemplates a waterfront activity area, but no published document sets out what lake access or frontage rights individual homeowners would have. Lake access is one of the most commonly overstated features in Florida new construction, and the gap between a community being near a lake and a home having rights to it is where buyers get disappointed. Ask that question specifically, in writing, whenever product details are eventually released.
What roads have to be built first?
A substantial package, and the developer is paying for it. The approved development agreement carries roughly $4.7 million in developer-funded off-site road work, part of it offset by transportation impact fee credits. The list includes extended turn lanes at the County Road 44 and County Road 452 intersection, resurfacing and widening a stretch of Apiary Road to 24 feet, a traffic signal at County Road 44 and Apiary Road, and roundabouts, or signals if roundabouts prove impractical, at the two County Road 452 entrances. Worth knowing: the signal is conditional on preconditions outside the developer's control, and the roundabout maintenance agreements have not yet come back to the county commission.
Was the approval contested?
Yes. It passed the county commission on a divided vote in February 2026, with two commissioners opposed, after being continued from a January hearing. Traffic on the rural county roads was the dominant public objection, which is why the road agreement is as large as it is. The commission also added a condition from the dais requiring a minimum 25-foot buffer with enhanced landscaping along County Road 452, and the applicant committed to Florida native landscaping throughout.
What will it be called?
Unknown. The county record calls it by a case name tied to the lake, and no marketing name has been published. Landowner-led projects frequently launch under a name chosen much later than the entitlement. We track this property by its approval and its location as well as by its current name, so that if it is rebranded before homes are offered, the people on this list still get told.
What about schools and taxes?
Lake County Schools assigns attendance zones by physical address, and no addressed home exists here yet, so naming a school would be a guess. On taxes, this is unincorporated county land, so your bill would combine county millage, the school board, the water management district and other special districts, with no city millage. If a community development district is eventually established, its assessment would appear separately on your tax notice on top of HOA dues. None has been published. Florida has no state income tax, which is often what starts this arithmetic for relocating buyers.
When will homes actually be available?
No date has been announced. The rezoning is adopted and the road agreement is approved, but the roundabout maintenance agreements have not returned to the commission, and no plat, construction plan or builder exists. The applicant told the planning board back in 2024 that after all approvals and site design it could potentially start within about eighteen months, with a six to eight year buildout. That was the applicant's own estimate at an earlier stage, not a commitment, and we include it as context rather than as a date.
How do I get updates?
Join the interest list on this page. We read Lake County's adopted ordinances and commission minutes directly, which is how the correct unit count for this project ended up here while the widely circulated figure is still wrong.
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Get on the interest list
1,600 homes adopted, no national builder by design, no marketing name yet, and a unit count the press got wrong. A project like this can be well under way before most people hear about it, which is exactly why the list is worth being on.
Joining costs nothing, creates no brokerage relationship, and does not obligate you to anything. When you are ready, a real estate professional licensed in Florida will reach out and can register you as represented before your first visit to a sales office.