2404 Waycross Ave Eustis, FL 32726
Estimated payment $2,832/month
Highlights
- Lake View
- Wood Flooring
- Corner Lot
- Deck
- Loft
- Great Room
About This Home
Income-Producing Lakeview Estate with Fully Independent ADU – Proven Rental Potential
Across from East Crooked Lake
Perched on an elevated ridge directly across from spring-fed East Crooked Lake, this
beautifully remodeled mid-century property is more than a home — it’s a strategic investment
opportunity with built-in income potential. With a fully independent 720 sq ft apartment over
the garage, this property offers flexibility for multigenerational living, long-term rental income,
or short-term rental strategy.
The separate ADU is a true residence featuring its own entrance, full kitchen, living room,
bedroom, full bath, laundry, office nook, and private yard space. This is not just a bonus room
— it functions as a complete second home. For investors, this creates dual-income capability.
For owner-occupants, it offers offset mortgage potential while building equity. A separate
turnkey furnishing package is available, making this unit move-in or rental-ready immediately.
The main residence delivers 3 bedrooms and 2 baths with a fresh, modern interior filled with
natural light. Engineered wood floors, granite countertops throughout, and French doors open
to a private fenced courtyard ideal for outdoor dining and entertaining. From the expansive
balcony deck, enjoy stunning sunset views over the lake — a feature that enhances both
lifestyle appeal and rental desirability.
Recent capital improvements include a new roof (2020) and HVAC (2023), providing peace of
mind for homeowners and investors alike. The oversized garage with storage plus dual
driveways offers abundant parking — ideal for tenants, guests, boats, or recreational vehicles.
The corner lot design ensures low maintenance with maximum usability.
Located in Unincorporated Lake County just minutes from the US-441 Mt. Dora/Eustis corridor,
this property combines lake-view ambiance with convenient access to shopping, dining, and
everyday services — a key factor for strong rental performance and long-term value retention.
Whether you’re seeking multigenerational flexibility, supplemental income, or a portfoliobuilding
asset, this property delivers multiple exit strategies in one unique package. Live in one,
rent the other — or maximize both.
A rare opportunity to secure a lakeview property that works as hard as you do.
Listing Agent
REALTY EXECUTIVES IN THE VILLAGES Brokerage Phone: 352-753-7500 License #3400116 Listed on: 01/11/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,786
Year Built
- Built in 1959
Lot Details
- 9,585 Sq Ft Lot
- Lot Dimensions are 71x135
- North Facing Home
- Mature Landscaping
- Corner Lot
Parking
- 2 Car Attached Garage
Home Design
- Split Level Home
- Slab Foundation
- Shingle Roof
- Stucco
Interior Spaces
- 2,503 Sq Ft Home
- 1-Story Property
- Partially Furnished
- Ceiling Fan
- Window Treatments
- Great Room
- Combination Dining and Living Room
- Loft
- Lake Views
Kitchen
- Eat-In Kitchen
- Range with Range Hood
- Microwave
- Dishwasher
- Stone Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Balcony
- Courtyard
- Deck
- Patio
- Side Porch
Additional Homes
- 720 SF Accessory Dwelling Unit
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- 1 Septic Tank
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
- Rainbow Ridge Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 3 / 00B
- Assessor Parcel Number 13-19-26-1900-00B-00300
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $3,695 | $269,990 | -- | -- |
| 2025 | $3,379 | $262,650 | -- | -- |
| 2024 | $3,379 | $262,650 | -- | -- |
| 2023 | $3,379 | $247,580 | $0 | $0 |
| 2022 | $3,197 | $240,371 | $0 | $0 |
| 2021 | $3,381 | $217,029 | $0 | $0 |
| 2020 | $2,536 | $183,037 | $0 | $0 |
| 2019 | $2,513 | $178,922 | $0 | $0 |
| 2018 | $2,402 | $175,586 | $0 | $0 |
| 2017 | $2,323 | $171,975 | $0 | $0 |
| 2016 | $2,313 | $168,438 | $0 | $0 |
| 2015 | $2,366 | $167,268 | $0 | $0 |
| 2014 | $2,369 | $165,941 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/01/2026 03/01/26 | Price Changed | $489,000 | -2.0% | $195 / Sq Ft |
| 01/25/2026 01/25/26 | Price Changed | $499,000 | -5.0% | $199 / Sq Ft |
| 01/11/2026 01/11/26 | For Sale | $525,000 | -- | $210 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $357,000 | Attorney | |
| Warranty Deed | $69,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $60,000 | No Value Available |
Source: Stellar MLS
MLS Number: G5106508
APN: 13-19-26-1900-00B-00300
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Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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Ask me questions while you tour the home.