$499,000
708 Lemon Avenue
Eustis, FL 32726
Listing updated: June 22, 2026 at 3:06 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Welcome home. Expect to be impressed. Step into timeless charm with this circa 1925 VINTAGE home + a SPACIOUS "fully equipped" GUEST COTTAGE. Experience a piece of Historic Eustis two blocks from Lake Gracie. ***Also, a fantastic investment opportunity for your portfolio. ***Currently a highly rated vacation rental, with the option of renting both the house and cottage as separate short-term rentals. With all service providers in place and the ability to seamlessly transition ownership, it offers an excellent rate of return. It rents well in both summer (because of the pool) and the winter (escaping the cold). One of a kind recently renovated rare gem ready for making new memories. Situated on an OVERSIZED and FULLY FENCED .40 acre CORNER LOT complimented with a lush, manicured lawn and a canopy of Majestic Oaks providing beauty and shade. This unique property includes the 2,292 sq ft primary 4 bed/2 bath + 20 X 40 Lap Pool + detached Guest Cottage w/full kitchen/bath and its own gated private yard. The primary residence has been lovingly updated with careful attention to detail to ensure respect for its original character. Some improvements include: 36 thermal windows 2021, Main electrical panel/sub panel 2021, Oak flooring in Living room 2021, Upstairs bath remodel 2021, Downstairs bath remodel 2024, and a MULTITUDE of custom cellular shades. Upon entering, in the Foyer/Gathering space you’ll notice some original features making this room ideal for reading or card games. The adjacent Speakeasy/Den-style room provides additional entertainment space and has a hidden door behind the bar that will access storage & pantry shelving. The EXPANSIVE 12 X 25 LIVING ROOM has stunning oak flooring, but the focal point is the classic fireplace with exquisite tile work and a very enticing mantle/mirror. There’s plenty of room to roam for guests during all those holiday and family gatherings. Upstairs, all 4 bedrooms with PLENTIFUL WINDOWS provide more than ample room and generous closets. Each floor has its own remodeled bathroom with distinctive touches while maintaining that yesteryear style. Fall in love with the FORMAL DINING complete with three ORIGINAL built-in CORNER SHELVES plus a cozy bay window/sitting nook. The chef friendly galley kitchen is tastefully updated with stone countertops, SS appliances, backsplash w/LED panels, and abundant cabinetry. The INSIDE LAUNDRY is located by the rear Bonus/SUNROOM overlooking the pool. Step down the old-fashioned REAR PORCH and follow the pavers to the GATED POOL w/BBQ area or the GUEST COTTAGE. This could be an in-law suite or for long-term guests. Soak in the panoramic beauty of the backyard that captures that Florida lifestyle. Location benefits include historic downtown Eustis & waterfront Ferran Park with frequent music, car shows, First-Friday events, and a great variety of restaurants. Disney/Theme Parks are about an hr. away and Daytona Beach is an easy drive. Make this home your new address.
Local Insight
At $218/sqft for a 1925 home with a pool on Harris Chain lake access, you're getting genuine waterfront value that Mount Dora buyers pay $50K–$100K more for, though you'll want a thorough inspection on a 99-year-old foundation and verify what "private pool" actually means on a 0.4-acre lot in terms of setbacks and condition. The real question is whether you're buying into Eustis's authentic small-town character and boating lifestyle or just chasing the price difference—this isn't a fixer flip or an investment play, it's a commitment to a 22,000-person community that's fundamentally different from the tourist-driven Mount Dora experience five miles away.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history48 days on market
- Status: ActiveMay 5, 2026
- Listed$519,000May 5, 2026
- Price reduced$499,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 48
- Subdivision
- Prescotts Add/Eustis
- County
- Lake
- Year built
- 1925
- Living area
- 2,292 sq ft
- Price/sq ft
- $218
- Building area
- 2,656 sq ft (Public Records)
- Lot size
- 17,442 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X (12069C0356E)
- Pool
- Private pool
- Annual taxes
- $5,242 (2025)
- Parcel #
- 11-19-26-0100-092-00500
- Zoning
- SR
- MLS #
- G5111960
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Interior Details
- Bedrooms
- 4
- Full bathrooms
- 2
- Flooring
- Laminate, Tile, Wood
- Appliances
- Dishwasher, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
- Interior features
- Built-in Features, Ceiling Fans(s), PrimaryBedroom Upstairs, Stone Counters, Thermostat, Window Treatments
- Laundry
- Inside, Laundry Room
- Stories / Levels
- Two
- Direction faces
- Northeast
- Fireplace
- Yes
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Parking features
- Driveway, Open
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- No
Exterior & Construction
- Exterior features
- Outdoor Grill, Sidewalk
- Construction materials
- Metal Frame, Frame
- Roof
- Metal, Other, Shingle
- Foundation
- Crawlspace
- Pool
- Private pool
- Road surface
- Asphalt, Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Available, Public
Community
- Pets allowed
- Yes
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | 12x25 |
| Foyer | First | 7x13 |
| Dining Room | First | 10x12 |
| Den | First | 11x13 |
| Kitchen | First | 6x11 |
| Bonus Room | First | 7x21 |
| Primary Bedroom | Second | 11x15 |
| Bedroom 2 | Second | 10x15 |
| Bedroom 3 | Second | 10x14 |
| Bedroom 4 | Second | 8x11 |
Listing Details
- Listing date
- 2026-05-04
- On market date
- 2026-05-05
- Original list price
- $519,000
- Occupant type
- Owner
- MLS area
- 32726 - Eustis
- Listing AOR
- Lake and Sumter
- Status changed
- 2026-05-05
- Tax legal description
- EUSTIS LOTS 5 6 7 8 BLK 92 PB 1 PG 79 ORB 5893 PG 1219 ORB 5945 PG 244
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From Mount Dora, head north on HWY 441 to Eustis/Bay St. exit right, head north on Hwy 19. Right on Lemon.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 22, 2026 at 3:06 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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