$394,999

2922 RUSTWOOD LANE, Eustis, FL 32726

  • 5 beds |
  • 4 baths |
  • 4,563 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1982
  • Property Lot Size Icon1.06acre lot
  • Property Parking Icon 7 car garage
  • Property Price Per Square Feet Icon $87/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

<HIGHEST & BEST BY 10/31/2025> 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. <PREFERRING CASH OR HARD MONEY OFFERS WITH A SHORT INSPECTION PERIOD, AT LEAST A $10,000 EARNEST MONEY DEPOSIT, AND A 21-DAY POST OCCUPANCY PERIOD. SELLER WILL ONLY ENTERTAIN SHOWINGS/INSPECTIONS AFTER ACCEPTING AN OFFER> <NO ASSIGNABLE CONTRACTS>

Listing Status:
Active
Date Added:
October 14, 2025 at 05:00AM
Listing Office:
RICHARD PETERS REALTY LLC : 352-448-9712
Listing Agent:
Ronald Ryder : 305-302-9806
MLS ID:
TB8437456
  • General: Other
  • Appliances: Other
  • Laundry: Laundry Room
  • Flooring: CarpetCeramic TileWood
  • A/C: Central Air
  • Heating: CentralElectric
  • Fireplace: Family RoomFireplace
  • General: Other
  • Roofing: Shingle
  • General: BlockBrickStuccoTwoBlockBrick/MortarSlab
  • Road/Access: AsphaltConcrete
  • Originating MLS: mfrmls
  • County: Lake
  • Zoning: SREUSTIS RUSTWOOD LOT 7 BEG AT NE COR OF LOT 8 RUN W ALONG N LINE TO NW COR S ALONG W LINE 18 FT N 87-55-04 E 180 FT TO E LINE OF LOT 8 N ALONG E LINE TO POB PB 24 PG 43 ORB 4710 PG 143035-18-26-0030-000-00700
  • Utilities: Other
  • Water: Public
  • Sewer: Public Sewer
  • Source: mfrmls
  • Ownership: Fee Simple

This listing courtesy of Ronald Ryder, RICHARD PETERS REALTY LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Alee Academy

1705 E County Road 44, Eustis, FL, 32736

Grades KG-8

0.81 miles away

A

Alee Academy

1705 E County Road 44, Eustis, FL, 32736

Grades KG-8

0.81 miles away

E

Eustis High School

1300 Washington Ave, Eustis, FL, 32726

Grades 9-12

2.63 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.