1505 E Crooked Lake Drive, Eustis, FL 32726
- $550,000
- 3
- BD
- 3
- BA
- 2,752
- SqFt
- List Price
- $550,000
- Status
- ACTIVE
- Days on Market
- 111
- Price Change
- ▼ $40,000 1784315189
- MLS#
- G5111100
- Subtype
- Residential
- Style
- One Story
- Year Built
- 1956
- Bedrooms
- 3
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 2,752
- Lot Size
- 81,420
- Acres
- 1.87
- Subdivision
- King Homestead
- MLS Area Major
- Eustis
Property Description
Investor Special – Lakefront Opportunity on Lake Nettie! This property is being sold AS-IS and will require extensive repairs, making it ideal for investors, builders, or buyers seeking a full renovation project. Buyer acknowledges and assumes responsibility for addressing an existing excavation beneath a portion of the main residence. Buyers are encouraged to conduct all inspections and due diligence regarding the excavation, including structural, engineering, soil stability, drainage, and permitting evaluations. Featuring dual water views with direct frontage on Lake Nettie and scenic views of East Crooked Lake, this unique property is situated on approximately 1.87 acres and includes two separate dwellings, offering exceptional potential for redevelopment, multigenerational living, or income-producing use. The main residence is a ranch-style home offering 2,752 square feet with 3 bedrooms and 3 bathrooms, featuring a spacious layout and tile flooring throughout. The guest house, built in 2000, offers 819 square feet with 1 bedroom and 1.5 bathrooms. Additional features include a private in-ground pool, a large open dock ideal for boating, mature landscaping, elevated lake views, and no HOA. The main home's roof was replaced in 2024, and one HVAC system was recently replaced. A second HVAC is reported by the seller to be operational; age is unknown. Buyer to verify all information, conduct all desired inspections, and satisfy themselves regarding the property's condition, including the excavation beneath the home. This is a rare opportunity to acquire a sizable lakefront parcel with significant redevelopment and investment potential.
Additional Information
- Interior Features
- Ceiling Fans(s)
- Exterior Features
- Other
- Financing
- Cash
- Location
- Unincorporated
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- R-1
- Appliances
- Range, Refrigerator
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Exterior Features
- Other
- Levels
- One
- Roof
- Shingle
- Foundation
- Slab
- Pool
- Yes
- Pool Type
- In Ground
- Garage
- 1 Car Carport
- Elementary School
- Eustis Heights Elem
- Middle School
- Eustis Middle
- High School
- Eustis High School
- View
- Water
Listing courtesy of EXP REALTY LLC. 888-883-8509
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