1877 Arbuckle Creek Road, Sebring, FL 33870
Local realty services provided by:CENTURY 21 Alliance Realty Group
Listed by: gregory karlson, benjamin sommerville
Office: advantage realty 1
MLS#:L4960093
Source:MFRMLS
Price summary
- Price:$2,900,000
- Monthly HOA dues:$395
About this home
Waterfront townhome development with 3 completed units and over $4M already invested in infrastructure. Priced at only $52,941 per unit for the improved 2.5-acre site ($2.4M) or $2.9M for the full 5-acre project with additional 31± unit Phase II land at only $16,129 per unit.
The Oasis Townhomes on Dinner Lake are well underway with three units already completed and issued Certificates of Occupancy. Capitalize on the work already completed and pick up where the previous builder left off. Over $4 million has already been invested in infrastructure, including roads, underground electric, irrigation, lift station, and central water and sewer extended to individual lots—ready for construction of 17 additional units.
The completed units are AMAZING! Featuring a unique three-story design, the floorplan is perfect for a blended family while still providing a sense of privacy and separation of space.
The main floor includes the garage, kitchen, laundry, living room with 20-foot soaring ceilings, balcony, and lakeview primary suite.
On the basement level you will find a bedroom, bathroom, and living space with walk-out doors leading to a screened porch, creating the perfect place to enjoy your morning coffee while taking in the beautiful lake views.
Upstairs offers two additional bedrooms, a bathroom, and an open loft area ideal for an office, game room, or additional living space.
These units feature granite countertops throughout, staggered cabinetry, rounded corners, crown molding, upgraded fixtures, and more. Units 1936 and 1938 showcase the popular modern grey and white color scheme with chrome and silver accents, while Unit 1942 offers a more traditional style with oak cabinetry and warm brown and beige tones accented with bronze and iron finishes.
The roof system provides the appearance of barrel tile but is actually metal, and came with a 60-year warranty when installed.
The development sits on 2.5 acres with over 210 feet of frontage on beautiful Dinner Lake.
The adjoining 2.5 acres may also be included for $2.9M total purchase price and was originally slated for Phase II of the development. This parcel features beautiful sandy beaches and offers the potential for up to 31 additional units to be designed by the new owner, or could be developed into community amenities such as a clubhouse, pool, and common areas for the HOA.
The townhome documents and association corporation have already been formed and approved by the state, and will be transferred to the new owner. Set the fees and rules as the development evolves.
This is a perfect scenario for an investor or developer. Build out the remaining units, sell them individually, and retain long-term residual income through HOA management and fees for years to come.
If you'd like, I can also create a much more aggressive “commercial broker” version (about 25% shorter but even more powerful) that tends to generate more calls from developers scanning MLS listings....
Contact an agent
Home facts
- Subdivision & Development:DINNER LAKE SUB
- Listing ID #:L4960093
- Added:146 day(s) ago
- Updated:August 03, 2026 at 03:39 PM
Structure and exterior
- Lot area:5 Acres
- Lot Features:Cleared, Compact Soil, Filled, Landscaped, Paved, Private
- Levels:1 Story
Utilities
- Water:Public, Water Available, Water Connected
- Sewer:Mini Sewer, Public, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$2,900,000
- Tax amount:$4,828 (2025)
Features and amenities
- Amenities:Cable Available, Cable Connected, Electricity Available, Phone Available
- Pool features:Public Pool
The information being provided by Stellar Mls is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Stellar Mls. CENTURY 21 Alliance Realty Group is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Alliance Realty Group, a broker participant of Stellar Mls. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Stellar Mls and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.
Properties in listings may have been sold or may no longer be available.
Copyright 2026 Stellar Mls. All rights reserved. MFRMLS Member Broker: Joseph PettinellaNew listings near 1877 Arbuckle Creek Road
- New
$450,000Active3 beds 3 baths3,410 sq. ft.333 Oak Knolls Circle, Sebring, FL 33876
MLS# 326918Listed by: SEBRING REAL ESTATE PRO'S GROUP - New
$35,900Active0.52 Acres6123 Oak Crest Street, Sebring, FL 33876
MLS# 326946Listed by: RE/MAX REALTY PLUS - New
$24,000Active0 Acres1141 Iris Ave, Sebring, FL 33875
MLS# A12064119Listed by: MT REALTY GROUP INC - New
$8,000Active0.36 Acres640 Sanderling Avenue, Sebring, FL 33872
MLS# 326942Listed by: PARADISE REAL ESTATE INTERNATIONAL LLC - New
$8,000Active0.45 Acres749 Quail Avenue, Sebring, FL 33870
MLS# 326943Listed by: PARADISE REAL ESTATE INTERNATIONAL LLC - New
$269,900Active3 beds 3 baths1,559 sq. ft.3524 Bristol Street, SEBRING, FL 33872
MLS# TB8535163Listed by: FUTURE HOME REALTY INC - New
$235,000Active2 beds 2 baths1,128 sq. ft.2418 Hidden Creek Cir, Sebring, FL 33870
MLS# A12063914Listed by: LPT REALTY, LLC - New
$119,900Active3 beds 2 baths1,288 sq. ft.4717 Orange Blvdd, Sebring, FL 33870
MLS# A12063930Listed by: LPT REALTY, LLC - New
$16,700Active0.17 Acres325 Brant Avenue, SEBRING, FL 33870
MLS# L4963977Listed by: ADVANTAGE REALTY 1 - New
$335,000Active3 beds 2 baths1,420 sq. ft.5531 Lakewood Rd, Sebring, FL 33875
MLS# A12063898Listed by: LPT REALTY, LLC
Protect your home and budget from life's surprises with an Assurant Home Warranty, backed by a partner that supports you through every step of homeownership. Explore Plans.
©2026 Century 21 Real Estate LLC. All rights reserved. CENTURY 21®, the CENTURY 21 Logo and C21® are service marks owned by Century 21 Real Estate LLC. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Listing information is deemed reliable but not guaranteed accurate.