$499,900

About this home

RARE LAKEFRONT OPPORTUNITY IN EUSTIS! Welcome to 1505 E Crooked Lake Drive, offering one of the BIGGEST LOTS ON EAST CROOKED LAKE! Situated on approximately 1.87 acres, this unique property offers two separate residences, waterfront living, a private pool, dock, mature landscaping, and NO HOA. With an incredible setting and plenty of potential, this is an opportunity to create your own private Central Florida lakefront retreat. The main residence offers approximately 2,752 square feet with 3 bedrooms and 3 full bathrooms. Filled with character, the home features generous living spaces, a single-story layout, and plenty of opportunity for a buyer ready to renovate and make it their own. THE MAIN HOUSE NEEDS WORK, but its character, spacious floor plan, acreage, and lakefront setting make this an exciting opportunity for an investor, renovator, or buyer with a vision. Adding even more possibilities is a separate guest house offering approximately 819 square feet with 1 bedroom and 1.5 bathrooms. The additional residence provides flexibility for extended family, guests, a private home office, or potential income-producing use, subject to applicable regulations. The LAND AND WATERFRONT SETTING truly make this property stand out. With approximately 1.87 acres and one of the largest lots on East Crooked Lake, there is room to enjoy privacy, outdoor living, and beautiful Florida surroundings. Relax by the private in-ground pool, enjoy time on the dock, or create an outdoor entertaining space that takes advantage of the waterfront lifestyle. Located minutes from Downtown Eustis and convenient to Mount Dora, shopping, dining, and everything Lake County has to offer. With TWO RESIDENCES, 1.87 ACRES, WATERFRONT, POOL, DOCK, and NO HOA, properties offering this combination of land, location, character, and potential are hard to find. PLEASE NOTE: The main residence requires repairs and the property is being sold AS-IS. Due to its current condition, financing options are expected to be limited to CASH, CONVENTIONAL FINANCING, OR A CONVENTIONAL RENOVATION/REHAB LOAN. Buyers should verify financing eligibility directly with their lender and perform all desired inspections and due diligence regarding the property condition, improvements, waterfront, and intended use. Bring your vision and discover the possibilities of transforming this character-filled property into an incredible East Crooked Lake retreat!

Highlights

Property details

MLS #

MFRO6446420

Property type

Single Family Residence

Subdivision

KING HOMESTEAD

Status

Active

Days on market

1

On market date

October 1, 2026

Stories

N/A

Total bathrooms

3

Garage spaces

N/A

Parking spaces

N/A

Lot size

1.87 acres

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 (e.g. NC Dept. of Public Instruction, SC Report Card).