Residential Property - Single Family Residence in Eustis
Listing Price: $315,000 (Mortgage Calculator →)
Description of Property
<INVESTOR SPECIAL><HIGHEST & BEST BY 06/15/2026> Seller reserves the right to accept a highest and best prior to the deadline. This is an INCREDIBLE OPPORTUNITY priced aggressively in the growing city of Eustis, located in the heart of Lake County where continued residential expansion and increasing demand are driving strong interest from both homeowners and investors. Positioned in the established Lynnhurst area, this property offers a rare combination of lot size, flexibility, and upside in a market where opportunities like this are becoming increasingly difficult to find. Situated on an oversized lot just under half an acre, the property features a spacious setting with mature trees, a paver/cobblestone-style driveway, fenced yard, and multiple outdoor structures including storage sheds and a gazebo, along with a covered and enclosed rear porch—creating a layout with strong potential for customization, expansion, or repositioning. The private yard and outdoor spaces provide flexibility for entertaining, storage, or future improvements. Inside, the home offers a functional layout with multiple living areas including a family room and Florida room, creating flexibility for both everyday living and redesign. The main living space features a wood-burning fireplace, adding character and a natural focal point. The interior includes a mix of wood, tile, and carpet flooring, along with features such as stone countertops, a wet bar, and ceiling fans (buyer to verify). The kitchen layout is practical and connected to the main living areas, with existing appliances including range, refrigerator, and microwave (buyer to verify inclusion). A major highlight is the presence of an attached in-law suite with its own kitchen and private living space, offering exceptional versatility. This setup creates strong potential for multi-generational living, guest accommodations, or additional income-producing use (buyer to verify use and compliance)—a feature that is increasingly in demand and rarely found at this price point. The layout offers a primary bedroom on the main floor, with overall design and flow that can be enhanced to significantly increase value. The interior presents a value-add opportunity with the ability to modernize and improve finishes depending on a buyer’s vision. From a condition standpoint, the property is being sold as-is. Seller has limited knowledge of the property; buyer to verify all information and conduct any inspections during the inspection period. Property is in a pre-foreclosure situation (buyer to verify details). Eustis and the surrounding Lake County area continue to attract buyers due to their affordability compared to Orlando, access to lakes and outdoor recreation, and proximity to Mount Dora, Tavares, and major roadways connecting into Central Florida employment hubs. Ongoing development throughout the area, including new residential communities and infrastructure improvements, continues to support long-term demand. With no HOA and no rental restrictions (buyer to verify), the property offers flexibility for investors, renovators, or buyers looking to maximize the potential of a larger property with multiple living configurations. Opportunities with this level of upside, land, and versatility are rare. Seller is requesting highest and best by 06/15/2026. Serious buyers should act quickly.
































































































Bedrooms: 4
Bathrooms: 4
Sq. Ft. Gross: 3,698
Garage: Yes2 vehicles
Carport: No
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Eustis
County: Lake
Subdivision: Eustis Lynnhurst
Bedrooms: 4
Bathrooms: 4
Sq. Ft. Gross: 3,698
Sq. Ft. Living Area: 2,323
Cost per (heated) sqare foot: $136
Year built: 1984
Annual Tax: $6,233
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Refrigerator
Fireplace: Yes
Fireplace Features: Wood Burning
Additional Rooms: Storage Rooms
Flooring: Hardwood
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Architectural Style: Ranch
Construction: Wood Frame
Foundation: Slab
Roof: Shingle
Exterior Features: Storage
Garage: Yes
Garage Spaces: 2
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Electric
Patio & Porch Features: Screened
Security Features: Smoke Detector(s)
Other Structures: Storage
Fencing: Wood
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Size (acres): 0.44
Lot Size (sq. ft.): 19,163 square feet
Front Exposure: South
Legal Description & Other Information
Financing Available: VA Loan
Parcel Number: 141926150000500700
Zoning: RT
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: LYNNHURST LOTS 7 8 E 27 FT OF LOT 9 BLK 5 PB 8 PG 50 ORB 5960 PG 2494 ORB 6112 PG 994 ORB 6288 PG 2369
Section: 14
Range: 26
Listing courtesy of RICHARD PETERS REALTY LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.