To schedule a showing of 2922 Rustwood Lane, Eustis, Florida, Call David Shippey at 863-521-4517 TODAY!
$341,999 | 5 beds | 4 full baths | N/A half baths | 4,563 sqft
Eustis, FL 32726
- 5Beds
- 4.00Total Baths
- 4 Full, 0 HalfBaths
- 4,563SqFt
- 1982Year Built
- 1.06Acres
- MLS# TB8437456
- Residential
- SingleFamilyResidence
- Pending
- Approx Time on Market7 months, 28 days
- Area32726 - Eustis
- CountyLake
- Subdivision Eustis Rustwood
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 investors dream and one of the most unique opportunities youll 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, youll 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 youre 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 its 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. Dont miss this one- opportunities like this are EXTREMELY RARE! The seller is motivated and selling well below market value for a fast, smooth closing.
Agriculture / Farm
Association Fees / Info
Bathroom Info
Total Baths: 4.00
Fullbaths: 4
Building Info
Roof: Shingle
Building Area Source: PublicRecords
Buyer Compensation
Exterior Features
Exterior Features: Other
Fees / Restrictions
Financial
Original Price: $399,900
Garage / Parking
Attached Garage: Yes
Garage: Yes
Green / Env Info
Interior Features
Fireplace Desc: FamilyRoom
Fireplace: Yes
Floors: Carpet, CeramicTile, Wood
Levels: Two
Laundry Features: LaundryRoom
Interior Features: Other
Lot Info
Direction Remarks: Merge onto I-4 W toward Orlando.From I-4 W, take exit for US-441 N / SR-500 heading toward Mount Dora / Eustis.Stay on US-441 N / SR-500 through Mount Dora and into Eustis.From US-441 N, turn onto the local roads needed to reach Rustwood Ln (you may take a combination of local streets depending on the precise route).Arrive at 2922 Rustwood Ln, Eustis, FL 32726.
Lot Size Units: Acres
Lot Size Acres: 1.06
Lot Sqft: 46,181
Misc
Other
Special Conditions: None
Other Rooms Info
Property Info
Section: 35
Class Type: SingleFamilyResidence
Property Sub Type: SingleFamilyResidence
Construction Materials: Brick, Block, Stucco
Stories: 2
Total Stories: 1
Foundation: Block, BrickMortar, Slab
Human Modified: Yes
Room Info
Total Rooms: 3
Sqft Info
Sqft: 4,563
Bulding Area Sqft: 7,447
Living Area Units: SquareFeet
Living Area Source: PublicRecords
Tax Info
Tax Year: 2,024
Tax Lot: 7
Tax Legal Description: EUSTIS RUSTWOOD LOT 7 BEG AT NE COR OF LOT 8 RUN W ALONG N LINE TO NW COR S ALONG W LINE 18 FT N 87-55-04 E 180 FT TO E LINE OF LOT 8 N ALONG E LINE TO POB PB 24 PG 43 ORB 4710 PG 1430
Tax Block: 000
Tax Annual Amount: 3870.74
Tax Book Number: 24-43
Unit Info
Utilities / Hvac
Heating: Central, Electric
Water Source: Public
Sewer: PublicSewer
Cool System: CentralAir
Cooling: Yes
Heating: Yes
Utilities: Other
Waterfront / Water
Directions
Merge onto I-4 W toward Orlando.From I-4 W, take exit for US-441 N / SR-500 heading toward Mount Dora / Eustis.Stay on US-441 N / SR-500 through Mount Dora and into Eustis.From US-441 N, turn onto the local roads needed to reach Rustwood Ln (you may take a combination of local streets depending on the precise route).Arrive at 2922 Rustwood Ln, Eustis, FL 32726.This listing courtesy of Richard Peters Realty Llc
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MLS IDX data last updated on 06-12-2026 8:35 AM EST.
If you have any questions on 2922 Rustwood Lane, Eustis, Florida, please call David Shippey at 863-521-4517.
MLS# TB8437456 located at 2922 Rustwood Lane, Eustis, Florida is brought to you by David Shippey REALTOR®
2922 Rustwood Lane, Eustis, Florida has 5 Beds, 4 Full Bath, and 0 Half Bath.
The MLS Number for 2922 Rustwood Lane, Eustis, Florida is TB8437456.
The price for 2922 Rustwood Lane, Eustis, Florida is $341,999.
The status of 2922 Rustwood Lane, Eustis, Florida is Pending.
The subdivision of 2922 Rustwood Lane, Eustis, Florida is Eustis Rustwood.
The home located at 2922 Rustwood Lane, Eustis, Florida was built in 2026.