$550,000
About this home
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.
Highlights
Property details
- MLS
- Stellar MLS
- MLS #
- MFRG5111100
- Property type
- Single Family Residence
- Subdivision
- KING HOMESTEAD
- Status
- Active
- Days on market
- 100
- On market date
- April 28, 2026
- Stories
- N/A
- Total bathrooms
- 3
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 1.87 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 369
- Student:teacher ratio
- 13.2:1
- District
- LAKE
- Enrollment
- 916
- Student:teacher ratio
- 16.7:1
- District
- LAKE
- Enrollment
- 1,383
- Student:teacher ratio
- 20.6:1
- District
- LAKE
Walkability
Blended score for EUSTIS's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in EUSTIS, from live MLS data.
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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated August 30, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.