Listing Details for MLS #G5114820
316 N Highland Street, Mount Dora, Fl

Residential Property - Single Family Residence in Mount Dora

Listing Price: $599,000 (Mortgage Calculator →)Days on Market: 20

Description of Property

A RARE opportunity to own a true piece of Mount Dora history. The David St. Clair Simpson House is a historic property dating back to the early 1900s and sits on nearly one acre in a C-2A zoned location near downtown Mount Dora. Built on what was once part of the original Simpson homestead, this property represents an important chapter in the community’s early development. Rich in history and full of potential, the property features an existing historic structure, a two-car garage, front and rear porches, and a rare underground bomb shelter! After more than a century, the home is ready for its next chapter. Whether envisioned as an ambitious restoration project or a future redevelopment opportunity, the property offers exceptional possibilities consistent with its commercial zoning and applicable City of Mount Dora and Historic District requirements. Its prominent location, generous nearly one acre parcel, and unique historical character make it an outstanding investment opportunity. Located on a corner lot near downtown shops, restaurants, parks, and year-round festivals, this is a chance to preserve a piece of Mount Dora's heritage while creating something special for the future. Buyers are encouraged to verify zoning, permitted uses, redevelopment requirements, and Historic District guidelines with the City of Mount Dora.The average asking price for a 3 bedroom/1 bath single family residence in this Zip code is $348,500. This single family residence is listed at about 172% of the average asking price. This is the only 3 bedroom/1 bath single family residence between $450,000 and $750,000 currently listed for sale in this Zip code.