2922 Rustwood Lane

Eustis, FL 32726 — Lake County — Eustis Rustwood Neighborhood

Residential  $341,999  Active  Listing# TB8437456  

5 beds    4 baths    4563 sqft    Lot size: 46181 sqft    1.06 acres    1982 build   

 



  Showing Request        
Updated: 11-03-2025 03:46pm

  Property Description

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 agressively, 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.

  Listing Details

Property Type 
Residential
Listing# 
TB8437456
Source 
Stellar (Altamonte, FL)
Last Updated 
11-03-2025 03:46pm
Status 
Active

  Property Details

Property Subtype 
Single Family Residence
Sold Price 
$341,999
Original Price 
$399,900
Location 
Eustis, FL 32726
SqFT 
4563
Year Built 
1982
Acres 
1.06
Bedrooms 
5
Bathrooms 
4

  Map

  Property Level and Sizes

SqFt Lot 
46181
Lot Size 
1.06

  Financial Details

Previous Year Tax 
3870.74
Year Tax 
2024

  Interior Details

Interior Features  
Other
Flooring  
Carpet, Ceramic Tile, Hardwood
Cooling  
Central Air
Heating  
Central, Electric
Fireplaces Features  
Family Room
Utilities  
Other

  Exterior Details

Features  
Other
Water  
Public
Sewer  
Public Sewer

  Garage & Parking

  Exterior Construction

Roof  
Shingle
Construction Materials  
Block, Brick, Stucco
Exterior Features  
Other
Builder Source 
Public Records

  Land Details

  Schools

  Walk Score®


 


  Contact Agent

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