15240 Shady Ln, photo 1
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Overview

4 bd3 ba3,744 sqft2 car garageSingle Family
TypeSingle Family
HOA$800/yr
Built1987
Lot51,831 sqft
Living area3,744 sqft
Price / sqft$186
Garage2 car

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Built-in FeaturesCathedral Ceiling(s)Ceiling Fans(s)Eat-in KitchenPest Guard SystemPrimarybedroom UpstairsSolid Wood CabinetsWalk-in Closet(s)

15240 Shady Ln is a 1987-built home in Old MILL Run Sub, Tavares. Inside you'll find 4 bedrooms, 3 bathrooms, and 3,744 square feet of living space. Listed at $697,900 (about $186/sqft), 67 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $800 annually.

From the listing

Custom-built brick estate on 1.2 wooded acres with two fireplaces, major recent updates, and the privacy you've been searching for—just minutes from historic Mount Dora. Nestled beneath a canopy of majestic oak trees on a private lot, this home offers the perfect blend of timeless craftsmanship, generous living space, and peaceful surroundings. With 4 bedrooms, 3 bathrooms, and 3,744 square feet, this one-owner home has been thoughtfully maintained and updated over the years. A circular driveway, manicured landscaping, and covered front portico create a welcoming first impression. Inside, the spacious floor plan is designed for both comfortable everyday living and effortless entertaining. The impressive family room is anchored by a soaring floor-to-ceiling brick fireplace with custom built-in shelving, while the expansive primary suite serves as a true retreat, stretching the length of the home and featuring its own wood-burning fireplace with a marble hearth. The eat-in kitchen overlooks the private backyard and offers Corian countertops, stainless steel appliances, and abundant workspace. Just beyond, the oversized screened lanai with its beautiful cedar planking provides the perfect place to enjoy morning coffee, outdoor dining, or quiet evenings surrounded by nature. Additional highlights include a dedicated office or craft room, a spacious laundry room with folding area, underground pet fencing with two separate zones, irrigation system, and a long-standing Massey termite bond. Brand-new carpet was installed in July 2026 on the staircase, upstairs hallway, and primary bedroom. Major updates include a new roof (2024), exterior paint (2024), downstairs HVAC (2024), and upstairs water heater (2025). A rare bonus is that the original owner has preserved the home's original construction plans and documentation, offering valuable insight for future renovations or expansion. If you've been searching for a home that combines privacy, quality construction, and room to grow, this exceptional property is ready to welcome its next chapter.

The essentials

Built
1987
Price / sqft
$186
On market
67 days
Annual tax
$2,657
HOA
$800/yr
Flood zone
X · Low risk
Lot
51,831 sqft
Type
Single Family Residence

At a glance

Single family
Built 1987
2 car garage
1.19 acres
Lot size
3,744 sqft
Living area

Payment

Est. monthly payment
$4,277/mo
Down payment (20%)
$139,580
Property taxes
$221/mo
HOA
$800/yr
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1987
Lot
51,831 sqft
Cooling
Central Air
Heating
Central
Parking
-
Days on Market
67
Built-in Features
Cathedral Ceiling(s)
Ceiling Fans(s)
Eat-in Kitchen
Pest Guard System
Primarybedroom Upstairs
Solid Wood Cabinets
Walk-in Closet(s)
Awning(s)
Lighting
Private Mailbox
Shade Shutter(s)
Clubhouse
Golf Carts OK
Dishwasher
Dryer
Microwave
Range
Refrigerator
Washer
Elementary
Astatula Elem
Middle
Tavares Middle
High
Tavares High

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on file Flood Zone X
Annual Tax (2025)
$2,657
Parcel #
03-20-26-0100-000-04300

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Old MILL Run Sub
County
Lake
MLS Area
32778 - Tavares / Deer Island
Lot Size
51,831 sqft
LandscapedLevelOversized LotPrivateStreet Dead-EndPaved
HOA
$800/yr
Linda Schwartz

Price history

Date
Event
Price
8/22/2026
Price change
Source: Stellar MLS #G5116012
$697,900-0.3%
$186/sqft
8/4/2026
Listed for sale
Source: Stellar MLS #G5116012
$699,900
$187/sqft

Neighborhood

15240 Shady Ln
Tavares, FL, 32778 · 32778 - Tavares / Deer Island

Market insights

Offer Insights

Choose an offer strength

List price: $697,900
$685,000 – $697,900
97.8% – 100% of listTops out right at the list price
80% of listList price
111 of the last 220 home closings in 32778 landed at this number or higher (50%). The median one sat 50 days before it went under contract, and this one is on day 67 after a $2,000 cut.

Sample: 220 closed home sales in 32778 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$4,277/mo
Principal & interest$3,640
Property taxes$221
Insurance$349
HOA$67
Down payment20% · $139,580
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA is the fee reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$697,900

$186 per sq ft

Beds and baths

4 beds, 3 baths

Size

3,744 sq ft

Time on market

67 days

Year built

1987

Monthly payment

About $4,277/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,657 annual tax bill, insurance, and the $800/yr HOA fee.

HOA fee

$800/yr

Managed by Linda Schwartz.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered byVANGIE BERRY SIGNATURE REALTYListing agent: Angela PhillipsListing data from Stellar MLS, MLS# G5116012.

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