$389,999
$10K PRICE DROP

2922 Rustwood Ln Eustis, FL 32726

Estimated payment $2,384/month

Total Views 906
5 Beds
4 Baths
4,563 Sq Ft
$85 Price per Sq Ft

Highlights

  • Very Popular Property
  • Family Room with Fireplace
  • No HOA
  • 1.06 Acre Lot
  • Wood Flooring
  • 7 Car Attached Garage

About This Home

Investor Special- Motivated Seller- Massive Opportunity on Over an Acre- APPRAISED AT $580K, PRICED AT $399K!!

This is a true investor’s dream and one of the most unique opportunities you’ll ever find in the Eustis and greater Orlando market. The seller is HIGHLY MOTIVATED and ready for a QUICK SALE. Priced at $399,900, this property was appraised as-is at $580,000 in August 2022 (appraisal attached on MLS), and the condition remains virtually unchanged- offering instant equity and major upside potential!

Sitting on a quiet cul-de-sac and surrounded by nature and nearby lakes, this 5 bedroom, 4 bathroom, oversized home spans more than 4,500 sq ft of living space on over an acre of land- making it one of the largest homes in the area. Every other active listing nearby is MUCH SMALLER and PRICED nearly DOUBLE. This home is truly in a league of its own.

Inside, you’ll find solid bones and endless potential. Yes- it needs a full cosmetic rehab (needs a new roof, drywall work, and one A/C unit will need replacement), but you’re working with a large, well-built structure that can easily be brought back to life. The property includes two separate garages plus a carport, providing at least 7 covered parking spaces in total, not including the massive driveway. It even features a steam room that just needs to be reconnected. Much of the home is still frozen in the 1980s, though some areas have been lightly updated and remain functional.

With no HOA and no restrictions whatsoever, your options are wide open- whether it’s a luxury flip, long-term rental, short-term Airbnb, or even a customized dream home. After a thoughtful renovation, this property could potentially push into the seven-figure range based on its size, layout, and land.

Don’t miss this one- opportunities like this are EXTREMELY RARE! The seller is motivated and selling well below market value for a fast, smooth closing.

Listing Agent

Ronald Ryder

RICHARD PETERS REALTY LLC Brokerage Phone: 352-448-9712 License #3593068 Listed on: 10/14/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,871

Year Built

  • Built in 1982

Lot Details

  • 1.06 Acre Lot
  • Southeast Facing Home
  • Property is zoned SR

Parking

  • 7 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,563 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Eustis Rustwood Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,871

Year Built

Built in 1982

Lot Details

0

Parking

7

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Brick, Stucco
  • Fireplace: Yes
  • Living Area: 4563
  • Lot Size Acres: 1.06
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 7447
  • Lot Size Sq Ft: 46181
  • Status: Active
  • Ownership: Fee Simple
  • Escrow State: FL
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 85.47
  • Total Acreage: 1 to less than 2
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 352-448-9712
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Fireplace Features: Family Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 4
  • Interior Amenities: Other
  • Appliances Included: Other
  • Foundation Details: Block, Brick/Mortar, Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Stories: 1
  • Living Area Meters: 423.92

Exterior Features

  • Direction Faces: Southeast
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt, Concrete
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12069C0220E

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 7
  • Garage Yn: Yes

Utilities

  • Utilities: Other
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: SR
  • Parcel Number: 35-18-26-0030-000-00700
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 3870.74
  • Tax Block: 000
  • Tax Book Number: 24-43
  • Tax Lot: 7

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $3,704 $241,270 -- --
2024 $3,704 $241,270 -- --
2023 $3,704 $227,430 $0 $0
2022 $3,645 $220,810 $0 $0
2021 $3,506 $214,387 $0 $0
2020 $3,613 $211,428 $0 $0
2019 $3,565 $206,675 $0 $0
2018 $3,426 $202,822 $0 $0
2017 $3,277 $195,125 $0 $0
2016 $3,239 $191,112 $0 $0
2015 $5,519 $247,891 $0 $0
2014 $5,452 $243,312 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2025 10/17/25 Price Changed $389,999 -1.3% $85 / Sq Ft
10/16/2025 10/16/25 Price Changed $394,999 -1.2% $87 / Sq Ft
10/14/2025 10/14/25 For Sale $399,900 +70.4% $88 / Sq Ft
08/17/2018 08/17/18 Off Market $234,700 -- --
11/13/2015 11/13/15 Sold $234,700 +11.8% $51 / Sq Ft View Prior Sale
02/11/2015 02/11/15 Pending -- -- --
01/13/2015 01/13/15 Price Changed $209,900 -12.5% $46 / Sq Ft
12/09/2014 12/09/14 Price Changed $239,900 -2.4% $53 / Sq Ft
09/19/2014 09/19/14 Price Changed $245,900 -5.4% $54 / Sq Ft
08/15/2014 08/15/14 Price Changed $259,900 -3.7% $57 / Sq Ft
06/25/2014 06/25/14 Price Changed $269,900 -1.8% $59 / Sq Ft
05/22/2014 05/22/14 For Sale $274,900 -- $60 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $234,700 Shipley Law Firm & Title Co
Special Warranty Deed $209,900 Fairview Title
Trustee Deed -- Attorney
Trustee Deed -- Attorney
Deed $390,000 None Available
Warranty Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $230,448 FHA
Previous Owner $208,767 FHA
Previous Owner $390,000 Unknown
Source: Public Records

Source: Stellar MLS

MLS Number: TB8437456

Stellar MLS

APN: 35-18-26-0030-000-00700