2404 Waycross Avenue, EUSTIS, FL 32726
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  • MLS#: G5106508 ( Residential )
  • Street Address: 2404 Waycross Avenue
  • Viewed: 25
  • Price: $489,000
  • Price sqft: $149
  • Waterfront: No
  • Year Built: 1959
  • Bldg sqft: 3289
  • Bedrooms: 4
  • Total Baths: 3
  • Full Baths: 3
  • Garage / Parking Spaces: 2
  • Days On Market: 50
  • Additional Information
  • Geolocation: 28.833 / -81.6604
  • County: LAKE
  • City: EUSTIS
  • Zipcode: 32726
  • Subdivision: Rainbow Ridge
  • Provided by: REALTY EXECUTIVES IN THE VILLAGES
  • Contact: Patti Belton
  • 352-753-7500
  • mfrmls
  • DMCA Notice
  • Description
    Income Producing Lakeview Estate with Fully Independent ADU Proven Rental Potential Across from East Crooked Lake Perched on an elevated ridge directly across from spring fed East Crooked Lake, this beautifully remodeled mid century property is more than a home its a strategic investment opportunity with built in income potential. With a fully independent 720 sq ft apartment over the garage, this property offers flexibility for multigenerational living, long term rental income, or short term rental strategy. The separate ADU is a true residence featuring its own entrance, full kitchen, living room, bedroom, full bath, laundry, office nook, and private yard space. This is not just a bonus room it functions as a complete second home. For investors, this creates dual income capability. For owner occupants, it offers offset mortgage potential while building equity. A separate turnkey furnishing package is available, making this unit move in or rental ready immediately. The main residence delivers 3 bedrooms and 2 baths with a fresh, modern interior filled with natural light. Engineered wood floors, granite countertops throughout, and French doors open to a private fenced courtyard ideal for outdoor dining and entertaining. From the expansive balcony deck, enjoy stunning sunset views over the lake a feature that enhances both lifestyle appeal and rental desirability. Recent capital improvements include a new roof (2020) and HVAC (2023), providing peace of mind for homeowners and investors alike. The oversized garage with storage plus dual driveways offers abundant parking ideal for tenants, guests, boats, or recreational vehicles. The corner lot design ensures low maintenance with maximum usability. Located in Unincorporated Lake County just minutes from the US 441 Mt. Dora/Eustis corridor, this property combines lake view ambiance with convenient access to shopping, dining, and everyday services a key factor for strong rental performance and long term value retention. Whether youre seeking multigenerational flexibility, supplemental income, or a portfoliobuilding asset, this property delivers multiple exit strategies in one unique package. Live in one, rent the other or maximize both. A rare opportunity to secure a lakeview property that works as hard as you do.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Balcony, Courtyard
  • Flooring: Hardwood, Other, Tile
  • Living Area: 2503.00
  • Roof: Shingle
Property Information
  • Property Condition: Completed
Land Information
  • Lot Features: Corner Lot, Paved
Garage and Parking
  • Garage Spaces: 2.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • Country: US
  • Furnished: Partially
  • Interior Features: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Stone Counters, Walk-In Closet(s), Window Treatments
  • Legal Description: RAINBOW RIDGE BEG AT NE COR OF LOT 3 BLK B RUN W TO NW COR LOT 3 S'LY ALONG W'LY LINE OF LOT 85 FT NE'LY TO PT ON E LINE OF LOT 50 FT S OF POB N TO POB PB 11 PG 43 ORB 5618 PG 1904
  • Levels: Multi/Split
  • Area Major: 32726 - Eustis
  • Occupant Type: Owner
  • Parcel Number: 13-19-26-1900-00B-00300
  • Possession: Close Of Escrow
  • View: Water
  • Views: 25
  • Zoning Code: R-1
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Headshot for Associate Sara Oquendo
  1. Sara Oquendo, REALTOR ®
  2. Tropic Shores Realty
  3. Mobile: 352.428.8657
  4. saraoquendo1972@gmail.com