David Ramirez
$550,000$590,0003 bd3 ba2,752 sqft$200 /sqft$4,767 /mo all-in ↓

1505 E CROOKED LAKE DRIVE, EUSTIS, FL, 32726

Active85 days on marketListed Apr 28, 2026MLS #G5111100

Reduced $40KWaterfrontPrivate poolSingle Family ResidenceKING HOMESTEAD

About this home

1505 E CROOKED LAKE DRIVE

Investor Special – Lakefront Opportunity on Lake Nettie! This property is being sold AS-IS and will require extensive repairs, making it ideal for investors, builders, or buyers seeking a full renovation project. Buyer acknowledges and assumes responsibility for addressing an existing excavation beneath a portion of the main residence. Buyers are encouraged to conduct all inspections and due diligence regarding the excavation, including structural, engineering, soil stability, drainage, and permitting evaluations. Featuring dual water views with direct frontage on Lake Nettie and scenic views of East Crooked Lake, this unique property is situated on approximately 1.87 acres and includes two separate dwellings, offering exceptional potential for redevelopment, multigenerational living, or income-producing use. The main residence is a ranch-style home offering 2,752 square feet with 3 bedrooms and 3 bathrooms, featuring a spacious layout and tile flooring throughout. The guest house, built in 2000, offers 819 square feet with 1 bedroom and 1.5 bathrooms. Additional features include a private in-ground pool, a large open dock ideal for boating, mature landscaping, elevated lake views, and no HOA. The main home's roof was replaced in 2024, and one HVAC system was recently replaced. A second HVAC is reported by the seller to be operational; age is unknown. Buyer to verify all information, conduct all desired inspections, and satisfy themselves regarding the property's condition, including the excavation beneath the home. This is a rare opportunity to acquire a sizable lakefront parcel with significant redevelopment and investment potential.

Facts & features

The home at a glance

3

Bedrooms

3

Bathrooms

2,752

Sqft

1.87 ac

Lot size

1956

Year built

One

Levels

$200

Per sqft

Private poolWaterfrontFireplaceWater viewPets allowed

Inside

FlooringTerrazzo · Tile · Hardwood
AppliancesRange · Refrigerator
InteriorCeiling Fan(s)
LaundryInside
CoolingCentral Air
HeatingCentral

Outside & construction

RoofShingle
ConstructionBlock
FoundationSlab
ViewWater
FacesEast
ExteriorOther

Community & fees

Taxes (2025)$13,512/yr
PetsYes

Utilities & systems

UtilitiesCable Connected · Electricity Connected · Natural Gas Connected · Sewer Connected · Water Connected
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$4,767 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$3,238
FHA mortgage insurance (est.)$243
Property tax — 2025 actual bill$1,126
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $19,250Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $19,250
Interest rate6.00%
Loan term

Estimated payment

$4,767/mo

Principal & interest$3,238
FHA mortgage insurance (est.)$243
Property taxes (actual bill)$1,126
Est. insurance$160

Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Where it sits

Inside Eustis

Map of 1505 E CROOKED LAKE DRIVE

Drive times from this address

Downtown Orlando45 min
Universal Orlando49 min
Walt Disney World54 min
Orlando Int’l Airport (MCO)60 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Eustis. See the full Eustis guide →

EUSTIS 32726 — neighborhood snapshot

Population

23,885

Median age

40.6

Median income

$60,750

Median home value

$230,400

Avg household

2.38

Households w/ children

2,736

For the school run

Lake County School District

MiddleEustis Middle School★★★★
HighEustis High School★★★★★
ElementaryEustis Heights Elementary School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Eustis market

Seller’s marketLeans seller4.5 months of inventoryBuyer’s market

$336K$355K

Eustis median sold, yr/yr

97.1%

Sale-to-list ratio (12 mo)

Median sold price, Eustis, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 86% above the EUSTIS 32726 median. See the full Eustis market guide →

Paper trail

This home's history

CurrentPrice reduced to $550,000 $40K
Apr 28, 2026Listed at $590,000 · 85 days on market since
1956Built · KING HOMESTEAD

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 1505 E CROOKED LAKE DRIVE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 1505 E CROOKED LAKE DRIVE — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

Goes straight to David’s phone and CRM.

Straight answers

1505 E CROOKED LAKE DRIVE FAQs

What would the monthly payment be for 1505 E CROOKED LAKE DRIVE?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $4,767/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 1505 E CROOKED LAKE DRIVE?+

The most recent tax bill on record (2025) was $13,512. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 1505 E CROOKED LAKE DRIVE?+

The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Eustis?+

At $550,000, this home is listed about 44% above the Eustis median of $382,500. The market section on this page shows how the area is trending.

Which schools are assigned to 1505 E CROOKED LAKE DRIVE?+

Eustis Middle School (middle), Eustis High School (high), Eustis Heights Elementary School (elementary) — Lake County School District. Always verify school assignments with the district before relying on them.

The brief

Four things that matter here

01Positioned at the premium end

$550,000 runs 86% above the EUSTIS 32726 median — but at 2,752 sqft it's also 44% larger than the typical Eustis listing.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Time on market is leverage

85 days on market against a Eustis median of 36 — sellers in this position are usually ready to negotiate.

04The price has already moved

Listed at $590,000, now $550,000 — a $40K cut. The full history is in the market section below.

Listing courtesy of EXP REALTY LLC · Elizabeth Pabon-Hall. MLS #G5111100.

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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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