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About this home
507 Phyllis Cir is a 1971-built home in Eustis Orchid Lake, Eustis. Inside you'll find 4 bedrooms, 4 bathrooms, and 3,152 square feet of living space. Listed at $500,000 (about $159/sqft), 37 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
WATERFRONT OPPORTUNITY WITH APPROXIMATELY 3/4 ACRE, 400 FEET OF CANAL FRONTAGE & 3-CAR GARAGE! This unique Eustis property offers an exceptional combination of land, water, privacy and space, with a canal leading toward Trout Lake, and peaceful views of a 40-acre bird sanctuary across the canal. If you're looking for a property with character, flexibility and room to make it your own, this one deserves a look. Offering approximately 3,152 square feet of living space, 4 bedrooms and 3.5 bathrooms, this expansive home provides an abundance of room and flexibility. The property features a unique configuration with multiple living areas and spaces that can be adapted to suit a variety of needs. Portions of the home have been updated with newer finishes, while other areas provide an opportunity for the next owner to reimagine the layout and create a truly personalized waterfront residence. The kitchen areas feature solid wood cabinetry, granite countertops, breakfast bar and dining space, while large windows throughout the home bring in natural light and views of the surrounding greenery and wildlife. The primary bedroom includes a private half bath, outdoor shower and its own private deck, an ideal spot for morning coffee, reading or bird watching. Outside is where this property truly shines. Enjoy approximately 3/4 acre, extensive canal frontage, and peaceful canal and bird sanctuary. Spend evenings around the fire pit, launch a kayak or small boat, entertain friends, or simply enjoy the privacy and tranquility of your own waterfront retreat. The canal provides access toward Trout Lake and, for smaller boats, continuing toward Lake Eustis under the bridges. A 3-car garage provides valuable parking, storage and workspace, while the additional lot creates even more possibilities for future expansion, recreation or other uses, subject to applicable zoning and approvals. Located in a quiet neighborhood while remaining convenient to shopping, dining, parks, lakes and everything Eustis has to offer, this is a rare opportunity to acquire a large waterfront property with substantial land, canal access, a private boat ramp and incredible potential. Bring your vision and make this one-of-a-kind waterfront property your own!
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The essentials
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Details
Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. 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
$500,000
$159 per sq ft
Beds and baths
4 beds, 4 baths
Size
3,152 sq ft
Time on market
37 days
Year built
1971
Monthly payment
About $3,717/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $10,313 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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