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For sale
  • Price cut: $25K (7/27)
    $725,000

    292 SW Old Cypress Way, Lake City, FL 32024

    4beds
    4,250sqft
    : 
    $4,734/mo
    Get pre-qualified
    Single Family Residence
    Built in 2020
    0.55 Acres Lot
    $-- Zestimate®
    $171/sqft
    $22/mo HOA

    What's special

    Elegant granite countertopsAdditional buildable parcelLight-filled open-concept floor planModern glass-front cabinetrySafestep jacuzzi walk-in tubLuxury vinyl plank flooringWalk-in shower
    *** VIEW OUR VIRTUAL VIDEO TOUR*** An extraordinary opportunity awaits at **The Reserve at Jewel Lake**, where luxury, privacy, and natural beauty converge. STUNNING LAKE ACCESS. HUGE. ADDITIONAL LOT. This remarkable offering includes not only a stunning home, with access to the approximately 60 acre lake *and* an additional buildable parcel—an exceptionally rare find. This beautifully designed **three-story, four-bedroom, three-bathroom** residence welcomes you with a light-filled, open-concept floor plan that seamlessly blends the living room, kitchen, dining area, reading nook, and butler’s pantry. Expansive windows frame breathtaking lake views, creating a serene backdrop that is entirely yours to enjoy. The kitchen is both stylish and functional, featuring elegant granite countertops, modern glass-front cabinetry, and stainless steel appliances—perfect for entertaining or everyday living. **Luxury Vinyl Plank flooring** flows throughout the home, enhancing its elegant yet comfortable feel. The primary suite is a true retreat, complete with a Safestep jacuzzi walk-in tub, walk-in shower, dual vanity with granite countertops, and a spacious walk-in closet. Step outside from the living area onto the screened-in patio and take in the peaceful waterfront views—an ideal setting for morning coffee or evening relaxation. Upstairs, a versatile studio-style space offers endless possibilities as a bedroom, game room, or creative retreat and is already plumbed for an additional bath
    121 days
    |
    353
    |
    9
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    Zillow last checked:

    Listing updated:

    Listed by:

    Glenn Stein 352-576-3796,

    Realty Executives In The Villages 352-753-7500

    Source: NFMLS,MLS#: 130963MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Kitchen, Dining Room, Family Room, Living Room, Florida Room, Breakfast Room
      Heating
      • Central Electric
      Cooling
      • Central Air
      Appliances
      • Included: Refrigerator, Microwave, Dishwasher, Disposal, Washer, Dryer, Electric Range, Glass Cooktop
      • Laundry: Shed
      Features
      • Insulated, Ceiling Fan(s), Storage, Bonus Room, Open Floorplan, Granite Counters
      • Flooring: Carpet Vinyl, Tile
      • Windows: Insulated Windows, Drapes, Blinds
      Interior area
      • Total structure area: 4,250
      • Total interior livable area: 4,250 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: 2 Car, Garage, Garage Door Opener
      • Garage spaces: 2
      Features
      • Levels: Multi/Split
      • Patio & porch: Screened, Rear Porch
      • Exterior features: Termite Control, Shrubbery
      • Fencing: Partial
      • On waterfront: Yes
      • Waterfront features: Lake Front
      Lot
      • Size: 0.55 Acres
      • Dimensions: 0.55
      • Features: Wooded
      Details
      • Parcel number: 044S1602439127
      • Zoning: RES

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Brick, Fiber Cement
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 2020

      Utilities & green energy

      • Electric: Underground
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Gated
      • Subdivision: The Reserve at Jewel Lake
      HOA
      • Has HOA: Yes
      • HOA fee: $260 annually
      Location
      • Region: Lake City

      Financial & listing details

      • Price per square foot: $171/sqft
      • Tax assessed value: $523,690
      • Annual tax amount: $5,506
      • Date on market: 4/8/2026
      • Income includes: Annually
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/27/2026Price change$725,000-3.3%$171/sqft
        Source: NFMLS #130963 Report a problem
        7/17/2026Price change$750,000-3.2%$176/sqft
        Source: NFMLS #130963 Report a problem
        6/10/2026Price change$775,000-3%$182/sqft
        Source: Stellar MLS #G5107286 Report a problem
        5/6/2026Price change$799,000-8.7%$188/sqft
        Source: NFMLS #130963 Report a problem
        4/21/2026Price change$875,000-7.9%$206/sqft
        Source: Stellar MLS #G5107286 Report a problem
        1/27/2026Listed for sale$950,000+63.8%$224/sqft
        Source: Stellar MLS #G5107286 Report a problem
        1/8/2024Sold$580,000-0.9%$136/sqft
        Source: NFMLS #121733 Report a problem
        12/11/2023Contingent$585,000$138/sqft
        Source: NFMLS #121733 Report a problem
        12/1/2023Listed for sale$585,000+20.6%$138/sqft
        Source: NFMLS #121733 Report a problem
        11/20/2020Listing removed$484,900$114/sqft
        Source: REMAX PROFESSIONALS, INC. #109217 Report a problem
        7/20/2020Listed for sale$484,900-14.1%$114/sqft
        Source: DANIEL CRAPPS AGENCY, INC #108268 Report a problem
        1/30/2020Sold$564,700$133/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,506 -22.4%$438,791 -9%
        2024$7,092 +20.4%$482,358 +24.4%
        2023$5,890 +10.6%$387,874 +10%
        2022$5,327 +8.1%$352,613 +10%
        2021$4,927 +1311.7%$320,557 +1502.8%
        2020$349 +2.8%$20,000 -8.1%
        2019$339 -15.2%$21,763
        2018$400 $21,763
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 32024

        Getting around

        15 / 100
        Car-Dependent
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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