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About this home
1505 E Crooked Lake Dr is a 1956-built home in King Homestead, Eustis. Inside you'll find 3 bedrooms, 3 bathrooms, and 2,752 square feet of living space. Listed at $499,900 (about $182/sqft), 9 days on market. Flood zone X, AE - outside the FEMA high-risk areas, which keeps insurance manageable.
RARE LAKEFRONT OPPORTUNITY IN EUSTIS! Welcome to 1505 E Crooked Lake Drive, offering one of the BIGGEST LOTS ON EAST CROOKED LAKE! Situated on approximately 1.87 acres, this unique property offers two separate residences, waterfront living, a private pool, dock, mature landscaping, and NO HOA. With an incredible setting and plenty of potential, this is an opportunity to create your own private Central Florida lakefront retreat. The main residence offers approximately 2,752 square feet with 3 bedrooms and 3 full bathrooms. Filled with character, the home features generous living spaces, a single-story layout, and plenty of opportunity for a buyer ready to renovate and make it their own. THE MAIN HOUSE NEEDS WORK, but its character, spacious floor plan, acreage, and lakefront setting make this an exciting opportunity for an investor, renovator, or buyer with a vision. Adding even more possibilities is a separate guest house offering approximately 819 square feet with 1 bedroom and 1.5 bathrooms. The additional residence provides flexibility for extended family, guests, a private home office, or potential income-producing use, subject to applicable regulations. The LAND AND WATERFRONT SETTING truly make this property stand out. With approximately 1.87 acres and one of the largest lots on East Crooked Lake, there is room to enjoy privacy, outdoor living, and beautiful Florida surroundings. Relax by the private in-ground pool, enjoy time on the dock, or create an outdoor entertaining space that takes advantage of the waterfront lifestyle. Located minutes from Downtown Eustis and convenient to Mount Dora, shopping, dining, and everything Lake County has to offer. With TWO RESIDENCES, 1.87 ACRES, WATERFRONT, POOL, DOCK, and NO HOA, properties offering this combination of land, location, character, and potential are hard to find. PLEASE NOTE: The main residence requires repairs and the property is being sold AS-IS. Due to its current condition, financing options are expected to be limited to CASH, CONVENTIONAL FINANCING, OR A CONVENTIONAL RENOVATION/REHAB LOAN. Buyers should verify financing eligibility directly with their lender and perform all desired inspections and due diligence regarding the property condition, improvements, waterfront, and intended use. Bring your vision and discover the possibilities of transforming this character-filled property into an incredible East Crooked Lake retreat!
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The essentials
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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
$499,900
$182 per sq ft
Beds and baths
3 beds, 3 baths
Size
2,752 sq ft
Time on market
9 days
Year built
1956
Monthly payment
About $3,983/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $13,512 annual tax bill, insurance.
Flood zone
Zone X, AE
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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