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Listed by RICHARD PETERS REALTY LLC

Status: Active

2922 Rustwood Ln 
Eustis, FL 32726

1% Drop

$399,900

$394,999

------/mo*
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<HIGHEST & BEST BY 10/31/2025> Investor Special- Motivated Seller- Massive Opportunity on Over an Acre- APPRAISED AT $580K, PRICED AT $399K!! 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 at $399,900, 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. <PREFERRING CASH OR HARD MONEY OFFERS WITH A SHORT INSPECTION PERIOD, AT LEAST A $10,000 EARNEST MONEY DEPOSIT, AND A 21-DAY POST OCCUPANCY PERIOD. SELLER WILL ONLY ENTERTAIN SHOWINGS/INSPECTIONS AFTER ACCEPTING AN OFFER> <NO ASSIGNABLE CONTRACTS>
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Bedrooms
5
Baths
4
House Size
4,563 sqft
Year Built
1982
Lot Size
1.06 ac

Location

Market Insights

In the last 30 days, homes for sale in 32726, Eustis, FL were on the market for a median of 16 days and 14.29% of homes sold above list price.

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Interior Information

appliances
Other
cooling
Central Air
features
Other
fireplace
Family Room
flooring
Carpet
Ceramic Tile
Wood
heating
Central
Electric
laundry features
Laundry Room

Exterior Information

features
Other
road surface
Asphalt
Concrete
roof
Shingle

Property Information

construction
Block
Brick
Stucco
foundation
Block
Brick/mortar
Slab
parking
Attached
sewer
Public Sewer
subdivision name
Eustis Rustwood
utilities
Other
water source
Public
  • Listed By Ronald Ryder
  • (352) 448-9712
  • RICHARD PETERS REALTY LLC
  • (352) 448-9712
  • authorrapeters@gmail.com
  • MLS TB8437456

Monthly Payments Calculator

Estimated Monthly Cost

$2,610

30 year fixed·6.9% interest rate
Principal & Interest
$2,081
Property Taxes
$329
Home Insurance
$200
HOA Fees
$0
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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