1505 E CROOKED LAKE DRIVE, Eustis, FL 32726

• 3 beds |
• 3 baths |
• 2,752 sqft

Property Description

Investor Special – Lakefront Opportunity on Lake Nettie! This property is being sold AS-IS and will require extensive repairs, making it ideal for investors, builders, or buyers seeking a full renovation project. Buyer acknowledges and assumes responsibility for addressing an existing excavation beneath a portion of the main residence. Buyers are encouraged to conduct all inspections and due diligence regarding the excavation, including structural, engineering, soil stability, drainage, and permitting evaluations. Featuring dual water views with direct frontage on Lake Nettie and scenic views of East Crooked Lake, this unique property is situated on approximately 1.87 acres and includes two separate dwellings, offering exceptional potential for redevelopment, multigenerational living, or income-producing use. The main residence is a ranch-style home offering 2,752 square feet with 3 bedrooms and 3 bathrooms, featuring a spacious layout and tile flooring throughout. The guest house, built in 2000, offers 819 square feet with 1 bedroom and 1.5 bathrooms. Additional features include a private in-ground pool, a large open dock ideal for boating, mature landscaping, elevated lake views, and no HOA. The main home's roof was replaced in 2024, and one HVAC system was recently replaced. A second HVAC is reported by the seller to be operational; age is unknown. Buyer to verify all information, conduct all desired inspections, and satisfy themselves regarding the property's condition, including the excavation beneath the home. This is a rare opportunity to acquire a sizable lakefront parcel with significant redevelopment and investment potential.

Listing Status:

Active

Date Added:

April 28, 2026

Data Last Updated:

July 27, 2026 at 7:24AM

Listing Office:

EXP REALTY LLC : 888-883-8509

Listing Agent:

Elizabeth Pabon-Hall : 352-217-3686

MLS ID:

G5111100

Interior

• General: Ceiling Fans(s)
• Appliances: RangeRefrigerator
• Laundry: Inside
• Flooring: TerrazzoTileWood
• A/C: Central Air
• Heating: Central
• Fireplace: Family RoomLiving RoomWood BurningFireplace

Exterior

• General: OtherAbove Ground
• Other Structures: Boat HouseGazeboGuest HouseShed(s)EnclosedFront PorchRear Porch
• Pool: In Ground

Construction

• Roofing: Shingle
• General: BlockOneSlab

Location

• Road/Access: ConcreteDirt
• Originating MLS: Stellar MLS
• County: Lake

Lot

• Zoning: R-1KING HOMESTEAD FROM NW COR LOT 26 RUN N 89-43-0 W 19.76 FT TO CENTERLINE OF CR S 02-14-30 E 149.82 FT S 21-09-30 E 198.74 FT S 44-14-30 E 198.85 FT FOR POB RUN N 61-42-15 E TO WATERS OF LAKE NETTIE & PT A RETURN TO POB RUN S 63-25-0 E 149.65 FT S 87-07-0 E 184.31 FT N 42-53-45 E TO WATERS OF LAKE NETTIE NW'LY ALONG SAID WATERS OF LAKE TO PT A--LESS RD R/W--PB 1 PG 47 ORB 6401 PG 145012-19-26-1600-000-02601
• View: Water

Utilities

• Utilities: Cable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
• Water: Public
• Sewer: Septic Tank

Financial

• Source: Stellar MLS
• Ownership: Fee Simple