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38 QUEEN OF WATERS STREET

For Sale
$274,900

BTC: 4.58166667

ETH: 157.44558992

-$100 (2026/03/15)
437 days
Waterfront
2 bds
2 ba
1,152 sqft

Overview

THIS HOME QUALIFIES FOR 100% FINANCING (No PMI and No Income Restrictions with preferred lender). Enjoy lakefront living in the highly sought-after Saddlebag Lake Resort, a gated 55+ community where you own the land and enjoy resort-style amenities. This well-maintained 2-bedroom, 2-bath home offers beautiful waterfront views and a peaceful setting with a greenway on one side, providing added privacy. A spacious 24’ x 10’ screened porch overlooks the lake and offers the perfect space to relax and enjoy the view. Inside, the home features an open-concept floor plan with a spacious kitchen and island, ideal for entertaining and everyday living. The home is partially furnished and includes a washer and dryer, making it move-in ready. The primary bedroom features a large closet and an ensuite bathroom with a double vanity and walk-in shower. The guest bedroom also offers a generous closet, and the guest bathroom includes a tub/shower combination. This home has been meticulously maintained with major updates already completed, including a new roof in December 2022 and an HVAC system replaced in 2022. A large 24’ x 24’ carport was added in 2014, providing ample shade and coverage for vehicles. The landscaped yard is low maintenance, allowing you more time to enjoy the community and lake lifestyle. A ramp provides easy access to the home, and a fire hydrant located on the property offers added peace of mind. A large storage shed is included and is spacious enough for a golf cart. Saddlebag Lake Resort is an active adult 55+ community known for its extensive amenities and vibrant lifestyle. Residents enjoy access to a heated pool, sauna, hot tub, shuffleboard courts, tennis and pickleball courts, horseshoe pits, and a clubhouse with a full kitchen and library. The community also features a dog park with a wash station, a golf practice range, RV and boat storage area, and a private boat launch. The lakefront beach house includes a kitchen and restrooms and provides a perfect setting for gatherings and events. Numerous social clubs and activities are available for residents, including fishing, golf, men’s and women’s clubs, a dog owners’ club, horseshoes, and organized travel opportunities coordinated for the community. This property offers the opportunity to enjoy affordable lakefront living with resort-style amenities in one of Central Florida’s most desirable 55+ communities. Schedule your private showing today.

Location

Details

Type:
Residential
Parking:
Driveway / Ground Level / Off Street
Year Built:
2008
Lot:
0.10 Acres
Heating:
Electric
Price/sqft:
$239
Cooling:
Central Air
HOA:
$734

Valuation

Our model vs. what's actually selling nearby.
Estimate
$199,500
$155K – $235K
Confidence Low
List vs. estimate
$75K above estimate
List $274,900 · +37.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$238
+37.1% vs. city median $174
Based on
13 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$712
2024
HOA
$734/qtr
Common Area Taxes, Community Pool, Maintenance Grounds
View
Water
Waterfront
Canal Front, Lake
Furnished
Partially
Pets
Allowed
All facts and features
  • Flooring

    • Laminate

    • Linoleum

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • L Dining

    • Living Room/Dining Room Combo

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Thermostat

    • Vaulted Ceiling(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Driveway

    • Ground Level

    • Off Street

    Property

    • Levels: One

    • Exterior Features: Awning(s) / Lighting / Rain Gutters / Sliding Doors

    Lot

    • Lot: 0.10 Acres

    Other Property Information

    • Parcel Number: 283001939020032010

    • Zoning: PUD

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Manufactured Home

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • HOA: $734

    • HOA Frequency: Quarterly

    • Annual tax amount: $712

  • Source details

    • MLS ID: L4951660

    Other facts

    • Construction Materials: Other / Vinyl Siding / Wood Frame

    • Foundation Details: Crawlspace / Other / Slab

    • Laundry Features: Inside / Laundry Room

    • Lot Features: Cleared / Flood Insurance Required / Level

    • Patio And Porch Features: Covered / Porch / Rear Porch / Screened / Side Porch

    • Window Features: Blinds / Double Pane Windows

    • Direction Faces: West

    • Other Structures: Shed(s)

    • Architectural Style: Florida

    • Waterfront: Yes

    • Water Body Name: SADDLEBAG LAKE

    • Living Area: 1152

    • Water Source: Private

    • Subdivision Name: SADDLEBAG LAKE

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: REMAX EXPERTS