1505 E Crooked Lake Drive, Eustis, FL 32726

$550,000
3
BD
3
BA
2,752
SqFt

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List Price
$550,000
Status
Active
Days on Market
90
Price Change
▼ $40,000 1784315189
MLS#
G5111100
Property Style
Single Family
Year Built
1956
Bedrooms
3
Bathrooms
3
Living Area
2,752
Lot Size
81,420
Acres
1.87
Total Acreage
1 to less than 2
Legal Subdivision Name
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

Taxes
$13511
Minimum Lease
No Minimum
Condo Fees Term
Annual
Location
Unincorporated
Community Features
No Deed Restriction
Property Description
One Story
Zoning
R-1
Interior Layout
Ceiling Fans(s)
Interior Features
Ceiling Fans(s)
Floor
Terrazzo, Tile, Wood
Appliances
Range, Refrigerator
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Heating
Central
Air Conditioning
Central Air
Fireplace Description
Family Room, Living Room, Wood Burning
Exterior Construction
Block
Exterior Features
Other
Roof
Shingle
Foundation
Slab
Pool
Private
Pool Type
In Ground
Garage Carport
1 Car Carport
Elementary School
Eustis Heights Elem
Middle School
Eustis Middle
High School
Eustis High School
Water View
Lake
Water Access
Lake
Water Frontage
Lake Front
Pets
Allowed
Flood Zone Code
X
Parcel ID
12-19-26-1600-000-02601
Legal Description
KING HOMESTEAD FROM NW COR LOT 26 RUN N 89-43-0 W 19.76 FT TO CENTERLINE OF CR S 02-14-30 E 149.82 FT S 21-09-30 E 198.74 FT S 44-14-30 E 198.85 FT FOR POB RUN N 61-42-15 E TO WATERS OF LAKE NETTIE & PT A RETURN TO POB RUN S 63-25-0 E 149.65 FT S 87-07-0 E 184.31 FT N 42-53-45 E TO WATERS OF LAKE NETTIE NW'LY ALONG SAID WATERS OF LAKE TO PT A--LESS RD R/W--PB 1 PG 47 ORB 6401 PG 1450

Listing courtesy of EXP REALTY LLC. 888-883-8509

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