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2922 RUSTWOOD LANE

House Active With Contract
$341,999

BTC: 11.39996667

ETH: 170.99950000

-$58K (2025/11/03)
38 days
5 bds
4 ba
4,563 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Florida • EUSTIS • 32726 • House • Active With Contract

Facts and features

Type:
Residential
Parking:
No Data
Year Built:
1982
Lot:
1.06 Acres
Heating:
Central / Electric
Price/sqft:
$75
Cooling:
Central Air
HOA:
No Data
All facts and features

  • Flooring

    • Carpet

    • Ceramic Tile

    • Hardwood

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Other

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Full bathrooms: 4

  • Property

    • Levels: Two

    • Exterior Features: Other

    Lot

    • Lot: 1.06 Acres

    Other Property Information

    • Parcel Number: 351826003000000700

    • Zoning: SR

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Other

  • Other financial information

    • Annual tax amount: $3,871

  • Source details

    • MLS ID: TB8437456

    Other facts

    • Construction Materials: Block / Brick / Stucco

    • Foundation Details: Block / Brick/Mortar / Slab

    • Fireplace Features: Family Room

    • Laundry Features: Laundry Room

    • Direction Faces: Southeast

    • Fireplace: Yes

    • Garage Spaces: 7

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 4563

    • Water Source: Public

    • Subdivision Name: EUSTIS RUSTWOOD

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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 ©2025-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: RICHARD PETERS REALTY LLC