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507 PHYLLIS CIRCLE

House For Sale
$500,000

BTC: 5.83294447

ETH: 188.67924528

30 days
Waterfront
4 bds
3 ba
3,152 sqft

Overview

WATERFRONT OPPORTUNITY WITH APPROXIMATELY 3/4 ACRE, 400 FEET OF CANAL FRONTAGE & 3-CAR GARAGE! This unique Eustis property offers an exceptional combination of land, water, privacy and space, with a canal leading toward Trout Lake, and peaceful views of a 40-acre bird sanctuary across the canal. If you're looking for a property with character, flexibility and room to make it your own, this one deserves a look. Offering approximately 3,152 square feet of living space, 4 bedrooms and 3.5 bathrooms, this expansive home provides an abundance of room and flexibility. The property features a unique configuration with multiple living areas and spaces that can be adapted to suit a variety of needs. Portions of the home have been updated with newer finishes, while other areas provide an opportunity for the next owner to reimagine the layout and create a truly personalized waterfront residence. The kitchen areas feature solid wood cabinetry, granite countertops, breakfast bar and dining space, while large windows throughout the home bring in natural light and views of the surrounding greenery and wildlife. The primary bedroom includes a private half bath, outdoor shower and its own private deck, an ideal spot for morning coffee, reading or bird watching. Outside is where this property truly shines. Enjoy approximately 3/4 acre, extensive canal frontage, and peaceful canal and bird sanctuary. Spend evenings around the fire pit, launch a kayak or small boat, entertain friends, or simply enjoy the privacy and tranquility of your own waterfront retreat. The canal provides access toward Trout Lake and, for smaller boats, continuing toward Lake Eustis under the bridges. A 3-car garage provides valuable parking, storage and workspace, while the additional lot creates even more possibilities for future expansion, recreation or other uses, subject to applicable zoning and approvals. Located in a quiet neighborhood while remaining convenient to shopping, dining, parks, lakes and everything Eustis has to offer, this is a rare opportunity to acquire a large waterfront property with substantial land, canal access, a private boat ramp and incredible potential. Bring your vision and make this one-of-a-kind waterfront property your own!

Location

Details

Type:
Residential
Parking:
Driveway / Garage Door Opener / Guest / Off Street / On Street
Year Built:
1971
Lot:
0.30 Acres
Heating:
Central
Price/sqft:
$159
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$532,500
$472K – $581K
Confidence Medium
List vs. estimate
$32K below estimate
List $500,000 · -6.1%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$158
-19.1% vs. city median $196
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$10,312
2025
View
Water
Waterfront
Canal - Freshwater
Garage
3 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Luxury Vinyl

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • Open Floorplan

    • Solid Wood Cabinets

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Bathrooms: 1

    • Full bathrooms: 3

  • Parking

    • Driveway

    • Garage Door Opener

    • Guest

    • Off Street

    • On Street

    Property

    • Levels: One

    • Exterior Features: Irrigation System / Outdoor Shower

    Lot

    • Lot: 0.30 Acres

    Other Property Information

    • Parcel Number: 021926040000002400

    • Zoning: SR

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Connected

    • Public

  • Other financial information

    • Annual tax amount: $10,313

  • Source details

    • MLS ID: O6439349

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Slab

    • Laundry Features: Inside / Laundry Room

    • Lot Features: Cul-De-Sac

    • Window Features: Blinds

    • Direction Faces: East

    • Architectural Style: Ranch

    • Waterfront: Yes

    • Garage Spaces: 3

    • Garage: Yes

    • Living Area: 3152

    • Water Source: Public

    • Lot Size Dimensions: 120 x 110

    • Subdivision Name: EUSTIS ORCHID LAKE

Private inquiry
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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: HOPKEY REALTY