About This Home

This 5-bedroom, 4-bathroom single family at 2922 RUSTWOOD Lane in Eustis, FL is listed for $341,999 ($75 per sqft). Built in 1982, the home offers 4,563 sqft of living space on a 1.06 acres lot.

Key Features

  • Built in 1982
  • 1.06 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
4 full
7-car garage
1982

Amenities

FireplaceA/C
Listing Description

Under contract-accepting backup offers. Investor Special- Motivated Seller- Massive Opportunity on Over an Acre- APPRAISED AT $580K, PRICED AT $341K!! 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 extremely aggressively, 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.

Monthly Cost Estimate

$1,829/mo

20% down · 6.5% · 30 years

Principal$247
Interest$1,482
Insurance$100

Estimates only. Actual payments may vary.

Location

2922 RUSTWOOD Lane

Eustis, FL 32726

EUSTIS RUSTWOOD

Property Details

Flooring

Tile - CeramicCarpetWood

Construction

Block Brick Stucco

Heating

CentralElectric (Heating)

Cooling

Central Air

Questions & Answers

This 5-bedroom, 4-bathroom single family at 2922 RUSTWOOD Lane is listed at $341,999 ($75/sqft). The estimated monthly payment is $1,829 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1982, 1.06 acre lot, 2 stories, Fireplace.

This property is listed by Ronald Ryder.

RR

Ronald Ryder

Agent at Richard Peters Realty LLC

Listed by Richard Peters Realty LLC · Broker phone: (352) 448-9712 · View on Broker Site · Broker website

MLS# TB8437456· Source: Stellar MLS· 380 days on PropertySimple

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2922 RUSTWOOD Lane, Eustis, FL 32726

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