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>
Under contract
$341,999
2922 Rustwood Ln, Eustis, FL 32726
5beds
4,563sqft
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
- 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#: TB8437456
Originating 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
| Date | Event | Price |
|---|---|---|
| 7/8/2026 | Contingent | $341,999$75/sqft |
Source: | ||
| 11/21/2025 | Pending sale | $341,999$75/sqft |
Source: | ||
| 11/3/2025 | Price change | $341,999-5%$75/sqft |
Source: | ||
| 10/30/2025 | Price change | $359,900-2.2%$79/sqft |
Source: | ||
| 10/28/2025 | Price change | $367,999-1.3%$81/sqft |
Source: | ||
| 10/23/2025 | Price change | $372,999-1.6%$82/sqft |
Source: | ||
| 10/20/2025 | Price change | $378,900-2.8%$83/sqft |
Source: | ||
| 10/17/2025 | Price change | $389,999-1.3%$85/sqft |
Source: | ||
| 10/16/2025 | Price change | $394,999-1.2%$87/sqft |
Source: | ||
| 10/14/2025 | Listed for sale | $399,900-5.9%$88/sqft |
Source: | ||
| 11/26/2022 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/21/2022 | Listed for sale | $425,000-20.6%$93/sqft |
Source: Owner Report a problem | ||
| 8/17/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/28/2021 | Price change | $535,000-20.7%$117/sqft |
Source: Owner Report a problem | ||
| 5/25/2021 | Listed for sale | $675,000+187.6%$148/sqft |
Source: Owner Report a problem | ||
| 11/30/2015 | Sold | $234,700+11.8%$51/sqft |
Source: Public Record Report a problem | ||
| 3/19/2015 | Pending sale | $209,900$46/sqft |
Source: ERA Grizzard Real Estate #G4707199 Report a problem | ||
| 1/15/2015 | Price change | $209,900-12.5%$46/sqft |
Source: ERA Grizzard Real Estate #G4707199 Report a problem | ||
| 12/12/2014 | Price change | $239,900-2.4%$53/sqft |
Source: ERA Grizzard Real Estate #G4707199 Report a problem | ||
| 9/23/2014 | Price change | $245,900-8.9%$54/sqft |
Source: ERA Grizzard Real Estate #G4707199 Report a problem | ||
| 6/27/2014 | Price change | $269,900-1.8%$59/sqft |
Source: ERA Tom Grizzard, Inc. #G4707199 Report a problem | ||
| 5/24/2014 | Price change | $274,900+7.8%$60/sqft |
Source: ERA Tom Grizzard, Inc. #G4707199 Report a problem | ||
| 5/23/2014 | Listed for sale | $254,900+21.4%$56/sqft |
Source: Tom Grizzard, Inc. #G4707199 Report a problem | ||
| 2/24/2009 | Sold | $209,900-46.2%$46/sqft |
Source: Public Record Report a problem | ||
| 6/12/2006 | Sold | $390,000$85/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | $233,305 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 32726
Nearby schools
GreatSchools rating
- 2/10Eustis Heights Elementary SchoolGrades: PK-5Distance: 3.3 mi
- 3/10Eustis Middle SchoolGrades: 6-8Distance: 2.6 mi
- 3/10Eustis High SchoolGrades: 9-12Distance: 2.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Lake County
- Umatilla
- 32726
- 2922 Rustwood Ln







