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Under contract
  • $341,999

    2922 Rustwood Ln, Eustis, FL 32726

    5beds
    4,563sqft
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    Single Family Residence
    Built in 1982
    1.06 Acres Lot
    $-- Zestimate®
    $75/sqft
    $-- HOA

    What's special

    Solid bonesLarge well-built structureOversized homeQuiet cul-de-sacTwo separate garagesSteam room
    Under contract-accepting backup offers. <LAST PRICE REDUCTION><HIGHEST & BEST BY 11/14/2025> Investor Special- Motivated Seller- Massive Opportunity on Over an Acre- APPRAISED AT $580K, PRICED AT $341K!! This is a true investor’s dream and one of the most unique opportunities you’ll 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, you’ll 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 you’re 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 it’s 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. Don’t miss this one- opportunities like this are EXTREMELY RARE! The seller is motivated and selling well below market value for a fast, smooth closing. <PREFERRING CASH OR HARD MONEY OFFERS WITH A SHORT INSPECTION PERIOD, AT LEAST A $10,000 EARNEST MONEY DEPOSIT, AND A 21-DAY POST OCCUPANCY PERIOD> <NO ASSIGNABLE CONTRACTS>
    267 days
    |
    43
    |
    0
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Ronald Ryder 305-302-9806,

    RICHARD PETERS REALTY LLC 786-418-1388

    Source: Stellar MLS,MLS#: TB8437456MLS LogoOriginating MLS: Suncoast Tampa

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 4
      Primary bedroom
      • Features: Built-in Closet
      • Level: Second
      Kitchen
      • Level: First
      Living room
      • Level: First
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Other
      • Laundry: Laundry Room
      Features
      • Other
      • Flooring: Carpet, Ceramic Tile, Hardwood
      • Has fireplace: Yes
      • Fireplace features: Family Room
      Interior area
      • Total structure area: 7,447
      • Total interior livable area: 4,563 sqft

      Property

      Parking
      • Total spaces: 7
      • Parking features: Garage - Attached
      • Attached garage spaces: 7
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Other
      Lot
      • Size: 1.06 Acres
      Details
      • Parcel number: 351826003000000700
      • Zoning: SR
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Block, Brick, Stucco
      • Foundation: Block, Brick/Mortar, Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1982

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Other

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: EUSTIS RUSTWOOD
      HOA
      • Has HOA: No
      Location
      • Region: Eustis

      Financial & listing details

      • Price per square foot: $75/sqft
      • Tax assessed value: $543,245
      • Annual tax amount: $3,870
      • Date on market: 10/14/2025
      • Cumulative days on market: 39 days
      • Listing terms: Cash,Conventional,FHA
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Road surface type: Asphalt, Concrete

        Foreclosure details

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/8/2026Contingent$341,999$75/sqft
        Source: Stellar MLS #TB8437456 Report a problem
        11/21/2025Pending sale$341,999$75/sqft
        Source: Stellar MLS #TB8437456 Report a problem
        11/3/2025Price change$341,999-5%$75/sqft
        Source: Stellar MLS #TB8437456 Report a problem
        10/30/2025Price change$359,900-2.2%$79/sqft
        Source: Stellar MLS #TB8437456 Report a problem
        10/28/2025Price change$367,999-1.3%$81/sqft
        Source: Stellar MLS #TB8437456 Report a problem
        10/23/2025Price change$372,999-1.6%$82/sqft
        Source: Stellar MLS #TB8437456 Report a problem
        10/20/2025Price change$378,900-2.8%$83/sqft
        Source: Stellar MLS #TB8437456 Report a problem
        10/17/2025Price change$389,999-1.3%$85/sqft
        Source: Stellar MLS #TB8437456 Report a problem
        10/16/2025Price change$394,999-1.2%$87/sqft
        Source: Stellar MLS #TB8437456 Report a problem
        10/14/2025Listed for sale$399,900-5.9%$88/sqft
        Source: Stellar MLS #TB8437456 Report a problem
        11/26/2022Listing removed--
        Source: Owner Report a problem
        11/21/2022Listed for sale$425,000-20.6%$93/sqft
        Source: Owner Report a problem
        8/17/2021Listing removed--
        Source: Owner Report a problem
        7/28/2021Price change$535,000-20.7%$117/sqft
        Source: Owner Report a problem
        5/25/2021Listed for sale$675,000+187.6%$148/sqft
        Source: Owner Report a problem
        11/30/2015Sold$234,700+11.8%$51/sqft
        Source: Public Record Report a problem
        3/19/2015Pending sale$209,900$46/sqft
        Source: ERA Grizzard Real Estate #G4707199 Report a problem
        1/15/2015Price change$209,900-12.5%$46/sqft
        Source: ERA Grizzard Real Estate #G4707199 Report a problem
        12/12/2014Price change$239,900-2.4%$53/sqft
        Source: ERA Grizzard Real Estate #G4707199 Report a problem
        9/23/2014Price change$245,900-8.9%$54/sqft
        Source: ERA Grizzard Real Estate #G4707199 Report a problem
        6/27/2014Price change$269,900-1.8%$59/sqft
        Source: ERA Tom Grizzard, Inc. #G4707199 Report a problem
        5/24/2014Price change$274,900+7.8%$60/sqft
        Source: ERA Tom Grizzard, Inc. #G4707199 Report a problem
        5/23/2014Listed for sale$254,900+21.4%$56/sqft
        Source: Tom Grizzard, Inc. #G4707199 Report a problem
        2/24/2009Sold$209,900-46.2%$46/sqft
        Source: Public Record Report a problem
        6/12/2006Sold$390,000$85/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,937 +1.7%$241,040 +2.9%
        2024$3,871 +4.5%$234,250 +3%
        2023$3,704 +1.6%$227,430 +3%
        2022$3,645 +4%$220,810 +3%
        2021$3,506 -3%$214,387 +1.4%
        2020$3,613 +1.3%$211,428 +2.3%
        2019$3,565 +4.1%$206,675 +1.9%
        2018$3,426 $202,822 +3.9%
        2017$3,426 +4.5%$195,125 +2.1%
        2016$3,277 +1.2%$191,112 -22.9%
        2015$3,239 -41.3%$247,891 +1.9%
        2014$5,519 +7.4%$243,312 +2.5%
        2013$5,137 +2.6%$237,360 -0.8%
        2012$5,005 -1.8%$239,160 -4.1%
        2011$5,098 -6.4%$249,473 -7.9%
        2010$5,444 -3.6%$270,984 -6.4%
        2009$5,649 -9.6%$289,475 -10%
        2007$6,251 +24.8%$321,543 +23.8%
        2006$5,008 +0.5%$259,669 +3%
        2005$4,984 +3%$252,106
        2004$4,839 +1.1%--
        2003$4,787 +2.6%$242,757 +3.5%
        2002$4,668 +4.6%$234,572
        2001$4,463 -0.4%$234,572 +0.5%
        2000$4,481 $233,305

        Find assessor info on the county website

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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: 32726

        Getting around

        0 / 100
        Car-Dependent
        26 / 100
        Somewhat Bikeable

        Nearby schools

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