Eustis Homes under $500,000

Eustis Homes under $500,000

Welcome to Eustis, Florida—a hidden gem nestled in the heart of Lake County! This charming city is known for its picturesque landscapes, friendly community, and a wealth of recreational opportunities. With its serene lakes and lush parks, Eustis offers an idyllic backdrop for families, retirees, and everyone in between.

Eustis boasts a variety of homes under $500,000, making it an attractive option for first-time homebuyers and those looking to downsize without sacrificing quality. The real estate market here features an array of styles, from cozy single-family homes to modern townhouses, ensuring there’s something for everyone. Many properties come with spacious yards, perfect for outdoor gatherings or simply enjoying the beautiful Florida sunshine.

One of the standout features of living in Eustis is the sense of community. Residents enjoy a vibrant downtown area filled with local shops, restaurants, and cultural events. The annual Eustis Art Festival and the charming waterfront along Lake Eustis are just a couple of the highlights that bring neighbors together and foster a warm, welcoming atmosphere.

For nature lovers, Eustis is a paradise. With easy access to hiking trails, fishing spots, and boating opportunities, outdoor enthusiasts will find plenty to keep them busy. The nearby Lake County parks offer endless possibilities for family outings and weekend adventures.

If you're searching for a home that combines affordability with a rich community spirit, Eustis is the perfect place to call home. Come explore this delightful city and discover the endless possibilities that await you!

Newest Eustis Homes under $500,000

21 S Mary Street, Eustis
$255,000
3 Beds ⋅ 2 Baths ⋅ Eustis SubDv. ⋅ 32726 Zip Code
ATtENTION: THIS PROPERTY IS LOCATED IN THE RT FUTURE LAND USE. THE POSSIBILITIES ARE INCREDIBLE HERE! Great 4/2 pool home in the heart of Eustis. Charming two story vintage Victorian style home with wooden floors and some carpeted. Pool was just resurfaced. Nice size lot with space for plenty of parking on the inside. Very close to downtown Eustis where you can walk to and enjoy all the happenings of the weekends in Ferrari Park and its docks and lakefront views. Priced to sell! Call to schedule a showing today!

21 S Mary Street, Eustis
19 N Mary Street, Eustis
$168,000
2 Beds ⋅ 1 Baths ⋅ Eustis SubDv. ⋅ 32726 Zip Code
Cottage charm just a few blocks from Downtown Eustis, with Lake Eustis nearby and no HOA! This 2-bedroom, 1-bath home pairs original character with updated finishes, including new laminate wood-look flooring, fresh interior paint, and a remodeled kitchen and bathroom. Separate living and dining areas offer space to gather, while the kitchen features white cabinetry, generous counter space, and a distinctive brick-look wall finish. Enjoy morning coffee on the covered front porch or make the covered rear patio your outdoor retreat with the additional privacy of not having rear neighbors. Additional features include a metal roof, an electric tankless water heater, three window A/C units, and a laundry area with washer and dryer hookups. Close to downtown shops, dining, and waterfront recreation, this home offers an opportunity to add your personal touch in an established Eustis location. Property offered AS-IS. Select photos are virtually staged; furnishings and decor shown are not included.

19 N Mary Street, Eustis
821 E Lemon Avenue, Eustis
$279,000
4 Beds ⋅ 2 Baths ⋅ Eustis SubDv. ⋅ 32726 Zip Code
Step into charm of this beautifully renovated vintage home, updated six months ago while preserving its timeless character. This 4-bedrooms, 2-baths residence offers a perfect blend of classic appeal and modern comfort. Recent renovation provides a fresh, move-in-ready interior, making this home ideal as primary residence, vacation home, or investment property. The spacious layout offers flexibility for families, guests, or a home office. Conveniently located near historic downtown Eustis, you will enjoy easy access to Lake Eustis, shopping, dining, parks, schools and local events. Don't miss this opportunity to own a thoughtfully updated vintage home with modern convenience is a desirable location.

821 E Lemon Avenue, Eustis
732 E Orange Avenue, Eustis
$299,997
3 Beds ⋅ 2 Baths ⋅ Eustis SubDv. ⋅ 32726 Zip Code
Virtually Staged. PRICED TO SELL-LIVE, WORK, OR INVEST — FLEXIBILITY IN THE HEART OF EUSTIS. Located at 732 E Orange Ave, this updated 3-bedroom, 2-bath property combines move-in-ready residential living with the added flexibility of RT (Residential/Office Transitional) zoning. The zoning creates potential for a primary residence, professional office, live/work setup, or other permitted uses. Buyers should verify their intended use with the City of Eustis. Inside, the property features an updated modern kitchen, renovated bathrooms, and a functional floor plan that can transition between comfortable living and professional workspace. Major improvements include the roof, HVAC, and water heater updated in 2023, along with an updated electrical system and newer perimeter fencing. Outside, the spacious fully fenced backyard provides room for entertaining, pets, gardening, storage, or future outdoor improvements. The property also offers convenient off-street parking and easy access to downtown Eustis, shopping, dining, medical services, and major roadways. Whether you're searching for a home, office opportunity, or property that can adapt as your needs change, 732 E Orange Ave offers options that a traditional residential property may not. Schedule your private showing and explore the possibilities.al.

732 E Orange Avenue, Eustis
1805 E Orange Avenue, Eustis
$279,000
3 Beds ⋅ 2 Baths ⋅ Eustis SubDv. ⋅ 32726 Zip Code
Spacious bungalow-style home featuring 3 bedrooms and 2 bathrooms, conveniently located just a few blocks from Historic Downtown Eustis. The interior offers a large kitchen with plenty of cabinet and storage space, a spacious living room with a fireplace, and a separate dining room ready for gatherings. This frame-construction home offers an opportunity to renovate and create your ideal living space or add another property to your rental portfolio. Situated on approximately half an acre, the property features a driveway leading to a detached shed, providing additional storage space. The home also features solar panels. Property is being sold in as-is condition. Bring your vision and explore the possibilities this property has to offer. Act now and schedule your showing before this opportunity is gone!

1805 E Orange Avenue, Eustis
422 E Citrus Avenue, Eustis
$469,900
5 Beds ⋅ 4 Baths ⋅ Eustis SubDv. ⋅ 32726 Zip Code
"NEW PRICE"- ATTENTION LANDLORDS & INVESTORS: QUAD-PLEX APARTMENT BUILDING FOR SALE IN EUSTIS, FL 32726. Located in the historic district of Eustis and just (3) Blocks from downtown. Currently delivering a 7.03% CAP Rate with Additional Revenue Potential. $47,220.00 Gross Revenue. $33,049.00 Net Operating Income. This "TURNKEY" investment opportunity is 100% Occupied and All Tenants are on Annual Leases. No "HOA". City of Eustis water & sewer. Unit Profile: Living/Dining Rooms, Full Kitchen, Full Bathroom, Primary Bedroom, Bonus/Bedroom#2, Rear Porch. (2) Dedicated Parking Spaces per unit. All units are in good operating condition! The property is located within close proximity & walking distance to Downtown Eustis & Bay Street, Lake Eustis lakefront, lots of restaurants, shops, city parks & just 5-minutes to the Lake County Mall, Target, Walmart, etc. and a variety of other conveniences for the tenants and their guests. PLEASE DO NOT ENGAGE OR DISTURB TENANTS. NO SIGN at the property and all inquiries are to be directed to the Listing Agent only. FULL FINANCIALS, PROPERTY PROFILE, RENT ROLLS, EXPENSES, FLOOR PLAN, SURVEY, ETC., ARE AVAILABLE TO QUALIFIED BUYERS.

422 E Citrus Avenue, Eustis
822 Poinsettia Drive, Eustis
$270,000
3 Beds ⋅ 2 Baths ⋅ Eustis SubDv. ⋅ 32726 Zip Code
Short Sale. Charming Lake Gracie Retreat | 3 Bedrooms | 2 Baths | 1,912 Sq. Ft. Welcome to this timeless 1949 charmer tucked away on a quiet cul de sac in Eustis’ desirable Lake Gracie area. Offering 1,912 square feet of thoughtfully maintained living space on a generous (huge) 0.33-acre lot, this home blends vintage character with everyday functionality. Inside, you’ll find a spacious and flexible floor plan featuring three bedrooms and two full baths, highlighted by an impressive 20x20 primary suite complete with a large walk-in closet and private en-suite bath. Original wood floors add warmth and authenticity throughout the dining area and bedrooms, while built-in shelving and abundant pantry storage provide both charm and practicality. The kitchen is designed for connection and convenience, featuring stainless steel appliances, a breakfast bar, and a pass-through window that allows natural light to flow freely into the living spaces. A dedicated laundry/utility room and a versatile Florida Room offer additional flexibility—perfect for a home office, den, or bright reading retreat. Outdoors, the expansive, tree-lined lot creates a private oasis ideal for relaxing or entertaining. Mature landscaping and fruit trees enhance the setting, while the enclosed rear porch and covered front entry provide inviting spaces to enjoy Florida’s year-round weather. The yard is partially fenced (wood and chain link) and includes an irrigation system for easy maintenance. A two-car carport and extended driveway ensure ample parking for family and guests. Located just moments from Lake Gracie and minutes to the shops and dining of Downtown Eustis, this home offers both tranquility and convenience. Eustis High School is approximately 0.4 miles away, adding to the property’s accessibility. If you’re looking for character, space, and a prime location wrapped into one inviting home, this Lake Gracie gem is ready to welcome you.

822 Poinsettia Drive, Eustis
426 E Citrus Avenue, Eustis
$469,900
4 Beds ⋅ 4 Baths ⋅ Eustis SubDv. ⋅ 32726 Zip Code
"NEW PRICE"- ATTENTION LANDLORDS & INVESTORS: QUAD-PLEX APARTMENT BUILDING, PLUS (4) STORAGE RENTAL UNITS FOR SALE IN EUSTIS, FL 32726. Located in the historic district of Eustis and just (3) Blocks from downtown. Currently delivering a 6.82% CAP Rate with Additional Revenue Potential. This "TURNKEY" investment opportunity is 100% Occupied and All Tenants are on Annual Leases. No "HOA". City of Eustis water & sewer. Unit Profile: Living/Dining Rooms, Full Kitchen, Full Bathroom, Primary Bedroom, Bonus/Bedroom#2, Rear Porch. (2) Dedicated Parking Spaces. All units were fully remodeled and updated in 2019. The property also includes a detached (4-unit) rental storage building with roll-up doors that generates $500.00 in monthly income. The property is located within close proximity & walking distance to Downtown Eustis & Bay Street, Lake Eustis lakefront, lots of restaurants, shops, city parks & just 5-minutes to the Lake County Mall, Target, Walmart, etc. and a variety of other conveniences for the tenants and their guests. PLEASE DO NOT ENGAGE OR DISTURB TENANTS. NO SIGN at the property and all inquiries are to be directed to the Listing Agent. ALSO, the Quad-Plex next door is also listed for sale (422 E. Citrus Ave.), see MLS#G5108332.

426 E Citrus Avenue, Eustis
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