Welcome to this beautifully updated home in the highly desirable gated community of Blue Lake Estates! With approximately $60,000 in improvements completed within the last year, this move-in ready property offers the perfect combination of modern upgrades, flexible living spaces, and exceptional outdoor entertaining. Major updates completed in 2025 include a new roof, new HVAC system with insulation and ductwork, new water heater, fresh interior and exterior paint, new luxury vinyl plank flooring throughout the living areas, and new carpet in all bedrooms. The oversized two-car garage features an insulated garage door, garage door opener, painted floor, and a new mini-split air conditioning system, making it ideal for hobbies, a workshop, home gym, or additional flex space. Inside, you'll find an open and inviting floor plan designed for both everyday living and entertaining. The formal living room has been enhanced with French doors, creating the perfect private office, study, den, or media room. The formal dining room offers incredible flexibility and could easily serve as an additional sitting area while remaining open to the spacious family room. The heart of the home is the well-appointed kitchen featuring granite countertops, 42-inch cabinetry, stainless steel appliances, crown molding, breakfast bar seating, two closet pantries, and a generous casual dining area large enough to accommodate a farmhouse table. The family room showcases crown molding, beautiful new flooring, and a tall sliding glass door that opens to your private backyard retreat. The spacious primary suite offers a vaulted ceiling, private French door access to the patio, room for a sitting area, and two walk-in closets. The luxurious primary bath includes dual vanities, a soaking tub, oversized walk-in shower, private water closet, and linen closet. A split-bedroom floor plan provides privacy for family members and guests. Outdoor living is truly exceptional with a 22' x 13' covered lanai that opens to an additional 28' x 13' screened patio extension completed in 2025. There is a handsome wood bar with a mini refrigerator enhancing your outdoor entertaining area. Beyond the screened enclosure are two additional outdoor deck areas perfect for grilling, entertaining, or relaxing in the Florida sunshine. The fully fenced backyard offers outstanding privacy and plenty of space to enjoy outdoor living year-round. Additional features include an inside laundry room with shelving and the refrigerator, washer, and dryer are included. This exceptional home combines extensive recent updates, versatile living spaces, and an outstanding location within one of Eustis' most sought-after gated communities. Schedule your private showing today!
For sale
Price cut: $10K (8/6)
$425,000
242 BLUE WATER STREET, EUSTIS, FL 32736
3beds
2,096sqft
Single Family Residence
Built in 2008
10,000 Square Feet Lot
$417,700 Zestimate®
$203/sqft
$110/mo HOA
What's special
Modern upgradesBeautifully updated homeNew roofBreakfast bar seatingGranite countertopsOversized two-car garageInsulated garage door
- 90 days
- 337
- 16
Zillow last checked:
Listing updated:
Listed by:
Brad Merrell 407-920-7800,
COLDWELL BANKER REALTY 407-696-8000
Source: Stellar MLS,MLS#: O6410679
Originating MLS: Orlando Regional

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Breakfast Room Separate, Family Room, Dining Room, Utility Room
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Area: 252 Square Feet
- Dimensions: 21x12
Bedroom 2
- Features: Built-in Closet
- Level: First
- Area: 144 Square Feet
- Dimensions: 12x12
Bedroom 3
- Features: Built-in Closet
- Level: First
- Area: 144 Square Feet
- Dimensions: 12x12
Balcony porch lanai
- Level: First
- Area: 286 Square Feet
- Dimensions: 22x13
Dining room
- Level: First
- Area: 130 Square Feet
- Dimensions: 13x10
Family room
- Level: First
- Area: 285 Square Feet
- Dimensions: 19x15
Foyer
- Level: First
- Area: 35 Square Feet
- Dimensions: 7x5
Kitchen
- Level: First
- Area: 130 Square Feet
- Dimensions: 13x10
Laundry
- Level: First
- Area: 42 Square Feet
- Dimensions: 7x6
Living room
- Level: First
- Area: 132 Square Feet
- Dimensions: 12x11
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Laundry: Inside, Laundry Room
Features
- Ceiling Fan(s), Crown Molding, High Ceilings, Open Floorplan, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Carpet, Luxury Vinyl, Tile
- Doors: Sliding Doors
- Has fireplace: No
Interior area
- Total structure area: 2,811
- Total interior livable area: 2,096 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage Door Opener
- Attached garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions: 21x20
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Front Porch, Patio, Rear Porch
- Exterior features: Private Mailbox, Rain Gutters, Sidewalk
- Fencing: Wood
- Waterfront features: Lake Privileges, Limited Access
- Body of water: BLUE LAKE
Lot
- Size: 10,000 Square Feet
- Dimensions: 125 x 80 x 125 x 80
- Features: City Lot, Landscaped, Level, Sidewalk
- Residential vegetation: Mature Landscaping, Trees/Landscaped
Details
- Parcel number: 071927025000005700
- Zoning: SR
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Florida
- Property subtype: Single Family Residence
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- Completed
- New construction: No
- Year built: 2008
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Underground Utilities, Water Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: BLUE LAKE ESTATES
HOA
- Has HOA: Yes
- Amenities included: Gated
- HOA fee: $110 monthly
- HOA name: Artemis LifeStyle Services, INC
Location
- Region: Eustis
Financial & listing details
- Price per square foot: $203/sqft
- Tax assessed value: $352,913
- Annual tax amount: $3,426
- Date on market: 5/31/2026
- Cumulative days on market: 91 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt, Paved
Estimated market value
$417,700
$397,000 - $439,000
$2,330/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Price change | $425,000-2.3%$203/sqft |
Source: | ||
| 5/31/2026 | Listed for sale | $435,000+16%$208/sqft |
Source: | ||
| 3/6/2025 | Sold | $375,000$179/sqft |
Source: | ||
| 1/28/2025 | Pending sale | $375,000$179/sqft |
Source: | ||
| 10/31/2024 | Price change | $375,000-6.3%$179/sqft |
Source: | ||
| 9/20/2024 | Price change | $400,000-5.9%$191/sqft |
Source: | ||
| 7/31/2024 | Listed for sale | $425,000+23.9%$203/sqft |
Source: | ||
| 9/20/2021 | Sold | $343,000$164/sqft |
Source: Public Record Report a problem | ||
| 7/9/2021 | Sold | $343,000+140.7%$164/sqft |
Source: Public Record Report a problem | ||
| 12/21/2012 | Sold | $142,500+10.5%$68/sqft |
Source: Public Record Report a problem | ||
| 10/6/2012 | Listed for sale | $129,000$62/sqft |
Source: Mair Properties Report a problem | ||
| 4/2/2012 | Listing removed | $129,000$62/sqft |
Source: Pierce Realty #G4676235 Report a problem | ||
| 12/14/2011 | Price change | $129,000-13.4%$62/sqft |
Source: Pierce Realty #G4676235 Report a problem | ||
| 9/15/2011 | Listed for sale | $149,000-46.4%$71/sqft |
Source: Pierce Realty Report a problem | ||
| 12/29/2008 | Sold | $277,801$133/sqft |
Source: Stellar MLS #O4890258 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,426 +1.8% | $215,340 +2.9% |
| 2024 | $3,367 +4.6% | $209,280 +3% |
| 2023 | $3,219 +1.7% | $203,190 +3% |
| 2022 | $3,165 -0.4% | $197,279 -0.4% |
| 2021 | $3,176 -2.9% | $198,160 +1.4% |
| 2020 | $3,272 +1.4% | $195,425 +2.3% |
| 2019 | $3,226 +4.2% | $191,032 +1.9% |
| 2018 | $3,097 | $187,471 -4% |
| 2017 | $3,097 -20.4% | $195,308 +9.1% |
| 2016 | $3,892 | $179,058 +26.1% |
| 2015 | $3,892 +75.4% | $142,045 +0.8% |
| 2014 | $2,218 +5.6% | $140,918 +1.5% |
| 2013 | $2,102 +22.6% | $138,836 +12.7% |
| 2012 | $1,714 -21.9% | $123,173 -17% |
| 2011 | $2,196 -16.9% | $148,436 -13.8% |
| 2010 | $2,644 -17.5% | $172,252 -15.8% |
| 2009 | $3,206 +210.5% | $204,660 +278.2% |
| 2008 | $1,033 -1.9% | $54,120 |
| 2007 | $1,052 +21.5% | $54,120 +33.3% |
| 2006 | $866 +60.4% | $40,590 +65% |
| 2005 | $540 | $24,600 |
| 2004 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 32736
Nearby schools
Schools provided by the listing agent
- Elementary: Eustis Elem
- Middle: Eustis Middle
- High: Eustis High School
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







