Address
2922 Rustwood Lane, EUSTIS, FL
Price
$ 341,999

Your Agent

Kimberly Jones

Kimberly Jones

Associate

727-742-8875

Property Attributes
  • MLS#TB8437456
  • TypeSingle Family
  • Listing Status Pending
  • CountyLake
  • CityEUSTIS
  • AreaEustis
  • NeighborhoodEUSTIS RUSTWOOD
  • Zip32726
  • StyleSingle Family Residence
  • Year Built1982
  • Taxes$ 3870.74
  • Price$ 341,999
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage4563
  • Lot Size1.06 Acres
Data Source:
Stellar MLS
Property Description

Under contract-accepting backup offers. Investor Special- Motivated Seller- Massive Opportunity on Over an Acre- APPRAISED AT $580K, PRICED AT $341K!! 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 extremely aggressively, 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.

Price History
12/19/2025 Listed $341,999

General Features

Sewer Public Sewer
Heating Central,Electric
Cooling Central Air
Utilities Other
Possession Negotiable
Roof Shingle
Appliances Other
Zoning SR
Garage Spaces 7
Construction Materials Block,Brick,Stucco
Year Built 1982
Levels Two
Property Subtype Single Family Residence
Tax Year 2024
Ownership Fee Simple
County Lake
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name EUSTIS RUSTWOOD
Facing Direction Southeast
Garage Y/N true
Total Rooms 3
Full Baths 4
Status Pending
Directions Merge onto I-4 W toward Orlando. From I-4 W, take exit for US-441 N / SR-500 heading toward Mount Dora / Eustis. Stay on US-441 N / SR-500 through Mount Dora and into Eustis. From US-441 N, turn onto the local roads needed to reach Rustwood Ln (you may take a combination of local streets depending on the precise route). Arrive at 2922 Rustwood Ln, Eustis, FL 32726.
City EUSTIS
Senior Community Y/N false
MLS Area 32726 - Eustis
Lot Size Units Acres
Lot Size Square Feet 46181
Carport Y/N false
Listing Terms Cash,Conventional,FHA
Land Lease Y/N false
Tax Annual Amount 3870.74
Additional Parcels Y/N false
Lease Considered Y/N true
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Pending
Occupancy Type Owner
Tax Lot 7
Legal Description EUSTIS 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 1430
Minimum Lease No Minimum
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
STELLAR_InLawSuiteYN false
Flood Zone Code X Yes

Interior Features

Interior Amenities Other
Flooring Carpet,Ceramic Tile,Hardwood
Fireplace Features Family Room
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Laundry Features Laundry Room
Total Bedrooms 5
LivingAreaSource Public Records
Total Baths 4

Exterior Features

Exterior Amenities Other
Water Source Public
Lot Size Area 1.0602
Foundation Details Block,Brick/Mortar,Slab
Building Area Total 7447
Lot Size Acres 1.06
Road Surface Type Asphalt,Concrete
Private Pool false
Waterfront Y/N false
Covered Spaces 7

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32726

Price
AVG $430K
$340K
Taxes
AVG $2,917
$3,871
Year Built
AVG 1988
1982

Your Agent

Kimberly Jones

Kimberly Jones

Associate

727-742-8875

Listed By
RICHARD PETERS REALTY LLC with 352-448-9712. - 352-448-9712

Areas We Cover

Show More...