A rare downtown Mount Dora multi-living estate with three living spaces and peace of mind built in. The main residence and attached Mother-in-Law suite have been taken down to the shell and rebuilt to modern standards, and the property has received the Certificate of Completion, so you can step into a home where the historic charm remains, but the uncertainty does not. Set on an oversized 98 x 175 lot in the Historic District, 118 N Grandview offers flexibility that is exceptionally hard to find this close to town. Enjoy golf cart access to downtown shops, dining, waterfront events, and festivals, plus the public boat ramp is approximately two blocks away. Gilbert Park and the lakefront at Elizabeth Evans Park are also nearby. The lot is unusually large for this location and still offers excellent room to add what buyers want most, including a pool, a shed, or even an additional garage. The main home plus attached Mother-in-Law suite total 2,543 sq ft under air. Inside the main home (approx. 2,023 sq ft), vaulted ceilings and an open layout create an inviting setting for everyday living and entertaining. The kitchen is designed for both style and function, featuring custom wood cabinetry with under-cabinet lighting, quartz countertops, Café matte white appliances, a walk-in butler’s pantry, and a large island for gathering. The primary suite is a true retreat with spa-style multi-zone smart shower technology. Modern infrastructure is seamlessly integrated throughout, including Lutron dimmers, Cat 6A ethernet, WiFi access points, LED lighting, and pre-wiring for exterior cameras. Attached to the main home is a fully independent Mother-in-Law suite (approx. 520 sq ft) with a private exterior entrance and secure internal access. It is ideal for multigenerational living, extended family visits, a private guest residence, or a home office setup, plus potential income flexibility based on City guidelines. Beyond the main structure, an oversized detached garage offers excellent storage for two cars, a golf cart, a boat, or workshop needs, and an additional dwelling unit (ADU) (approx. 504 sq ft, 1 bed/1 bath with kitchen) is currently being remodeled and will be conveyed as-is. Once completed, it offers future potential for a third independent living area for guests or rental opportunity. Outside, the property’s long driveway, circular paver drive, and extended parking are a standout feature for the Historic District, making hosting and multi-household living far easier than typical downtown-adjacent homes. Importantly, the property is served by a single meter, supporting conventional single-family residential financing.A rare opportunity to own a rebuilt, multi-living property with room to expand in one of Mount Dora’s most walkable, lifestyle-rich locations. Buyer to verify all intended uses, rental regulations, and compliance with City of Mount Dora requirements. No HOA! 13 month Home Warranty Included! Seller Financing available! NOW LISTED $250K BELOW APPRAISED VALUE (value assumes completed ADU).