701 E Key AVENUE, Eustis, FL, 32726 | $549,000

Location, Location, Location! This exceptional home, situated on a prime corner lot with expansive frontage along Lake Gracie offers unparalleled lakefront living with breathtaking views! Over 17, 800 square feet of private property, including all of the Lake Gracie frontage, awaits you—perfect for kayaking, relaxing by the water, or enjoying sunsets from your own backyard. Nestled in the desirable Historic District of Eustis (historic plaque on property grounds), this impeccable home blends modern luxury with historic charm, all without the constraints of an HOA.

Boasting lake views from the living room, dining room, kitchen, primary bedroom, and bath, the interior of this light-filled home is designed for comfort and tranquility. With tasteful renovations throughout, the property features an inviting new breezeway addition (with approved plans and permits), connecting the spacious 2-car garage to the main house—adding more functional square footage.

Step outside onto your oversized front porch, perfect for entertaining or relaxing with a glass of wine as you take in the serene lake vistas. The private, fenced backyard provides ample space for pets, privacy, or even a pool, all while being just steps away from the water's edge and the highly desirable lakefront walking trail!

The Golden Triangle—Eustis, Mount Dora, and Tavares—is at your fingertips, with easy access to everything this charming area has to offer. Just minutes from downtown Mount Dora and Tavares, and a short walk or drive to Ferran Park and the scenic Lake Eustis boardwalk. Local favorites like Foxtail Coffee, Eustis Market, and the French bakery “A Wish or Two Ago” are within easy reach, as well as farm-to-table dining at Chris Place.

With no other home offering this combination of features at this price in Eustis, this is an opportunity you won’t want to miss. Enjoy peace, privacy, and proximity to world-class attractions like Walt Disney World and the beaches of New Smyrna. Make your offer today and experience lakeside living at its finest!

Features

  • Rooms: 5
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: In Garage, Laundry Room
  • Year Built: 1957
  • Garage: 2-car Bath In Garage, Garage Door Opener, Garage Faces Side
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,908
  • Acreage: 0.41
  • Est. Taxes: $2,229
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • MLS#: O6249270
  • Days on Market: 9 days
  • Website: https://www.raveis.com
    /prop/O6249270/701ekeyavenue_eustis_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/6/2024 11:34:33 AM)
Listing courtesy of THE BOSCH GROUP   Phone: 407-221-3350

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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701 E Key AVENUE, Eustis, FL, 32726

$549,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $439,200 $439,200 $439,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.563% 7.159% 6.276%
Monthly Tax Payment $186 $186 $186
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,922 $2,919 $3,704
Total Monthly Payment $3,200 $3,197 $3,982

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.