Investor Special- Motivated Seller- Massive Opportunity on Over an Acre- APPRAISED AT $580K, PRICED AT $399K!!
This is a true investor's dream and one of the most unique opportunities you'll ever find in the Eustis and greater Orlando market. The seller is HIGHLY MOTIVATED and ready for a QUICK SALE. Priced at $399,900, this property was appraised as-is at $580,000 in August 2022 (appraisal attached on MLS), and the condition remains virtually unchanged- offering instant equity and major upside potential!
Sitting on a quiet cul-de-sac and surrounded by nature and nearby lakes, this 5 bedroom, 4 bathroom, oversized home spans more than 4,500 sq ft of living space on over an acre of land- making it one of the largest homes in the area. Every other active listing nearby is MUCH SMALLER and PRICED nearly DOUBLE. This home is truly in a league of its own.
Inside, you'll find solid bones and endless potential. Yes- it needs a full cosmetic rehab (needs a new roof, drywall work, and one A/C unit will need replacement), but you're working with a large, well-built structure that can easily be brought back to life. The property includes two separate garages plus a carport, providing at least 7 covered parking spaces in total, not including the massive driveway. It even features a steam room that just needs to be reconnected. Much of the home is still frozen in the 1980s, though some areas have been lightly updated and remain functional.
With no HOA and no restrictions whatsoever, your options are wide open- whether it's a luxury flip, long-term rental, short-term Airbnb, or even a customized dream home. After a thoughtful renovation, this property could potentially push into the seven-figure range based on its size, layout, and land.
Don't miss this one- opportunities like this are EXTREMELY RARE! The seller is motivated and selling well below market value for a fast, smooth closing.
|
DAYS ON MARKET
|
13
|
LAST UPDATED
|
10/23/2025
|
|
TRACT
|
EUSTIS RUSTWOOD
|
YEAR BUILT
|
1982
|
|
COMMUNITY
|
32726 - Eustis
|
GARAGE SPACES
|
7.0
|
|
COUNTY
|
Lake
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Single Family
|
|
|
|
Prior to Oct 16, '25
|
$399,900
|
|
Oct 16, '25 - Oct 17, '25 |
$394,999
|
|
Oct 17, '25 - Oct 20, '25 |
$389,999
|
|
Oct 20, '25 - Oct 23, '25 |
$378,900
|
| Oct 23, '25 - Today |
$372,999 |
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Other |
| AREA |
32726 - Eustis |
| CONSTRUCTION |
Block, Brick, Stucco |
| EXTERIOR |
Other |
| FIREPLACE |
Yes |
| GARAGE |
Yes |
| HEAT |
Central, Electric |
| INTERIOR |
Other |
| LOT |
1.06 acre(s) |
| PARKING |
Attached |
| SEWER |
Public Sewer |
| STORIES |
2 |
| SUBDIVISION |
EUSTIS RUSTWOOD |
| TAXES |
3870.74 |
| UTILITIES |
Other |
| WATER |
Public |
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Listing provided by Ronald Ryder, RICHARD PETERS REALTY LLC, 352-448-9712
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 10/26/25 10:10 PM PDT.
This IDX solution is (c) Diverse Solutions 2025.
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