Steeve Cadeau
$625,000$675,0003 bd2 ba1,806 sqft$346 /sqft$4,088 /mo all-in ↓

507 LAKESHORE DRIVE, EUSTIS, FL, 32726

Active29 days on marketListed Jun 22, 2026MLS #G5114140

Reduced $50KFully furnishedSingle Family ResidenceEUSTIS LAKEVIEW PARK

About this home

507 LAKESHORE DRIVE

This lovely Retreat is designed for your enjoyment. A fully furnished 3-bedroom, 2-bath, 1,806-square-foot waterfront home on the canal with direct access to Lake Eustis. Designed for sailors, boaters, anglers, and anyone who loves peaceful waterfront living, this all-inclusive retreat combines comfort, character, and convenience. Rich in history, the home has a unique story, with more details available in the attachments. Set in a private oasis within walking distance of downtown Eustis shops and restaurants, and less than 10 minutes from downtown Mount Dora and Tavares, the property offers easy access to Lake County’s freshwater lakes and canals, including Lake Eustis and the Chain of Lakes. Along with its private dock, the home is just three houses from the marina. A circular driveway lined with bamboo and palms leads to two large, covered parking areas with space for a pontoon, motorboat or sailboat, while the dock can accommodate up to two boats measuring 30 feet in length each. This home also has a motor home hookup. Eustis Waterfront Grille on Lakeshore Drive is also a short walk away, offering dining, drinks, and beautiful sunset views. This well-maintained home includes two ground-floor bedrooms, main bedroom with an on-suite, and a 2nd full bathroom on the main floor. The upstairs loft can serve as a third bedroom, studio, or office. Ample indoor and outdoor storage includes three sheds, one of which is well suited for a personal retreat or hobby space. Recent updates and features include updated appliances, granite countertops, a distinctive one-piece granite floor in the second bathroom, hidden compartments, new windows, newly installed and refinished floors, shower towers in the main bathroom, and low-maintenance landscaping. Artisan details such as Venetian plaster, layered paintwork, and nautical teak rope trim add distinctive character throughout. Enjoy the calming waterfall just outside the lower-level living room or relax and dine on the rooftop deck while taking in the scenic views. The first floor features the primary bedroom with ensuite bath, a guest bedroom and bath, a galley kitchen, a spacious pantry or office, and a laundry room. Upstairs, the loft offers a spacious bedroom and access to the rooftop outdoor area. This is a wonderful opportunity to enjoy waterfront living in a boat-friendly retreat.

Facts & features

The home at a glance

3

Bedrooms

2

Bathrooms

1,806

Sqft

0.27 ac

Lot size

1965

Year built

Multi/Split

Levels

$346

Per sqft

FireplaceWater viewFurnishedPets allowed

Inside

FlooringCeramic Tile · Hardwood
AppliancesDishwasher · Dryer · Electric Water Heater · Microwave · Range · Refrigerator · Washer
InteriorCathedral Ceiling(s) · Ceiling Fan(s) · Eating Space In Kitchen · Primary Bedroom Main Floor · Solid Wood Cabinets · Split Bedroom · Stone Counters · Thermostat · Walk-In Closet(s) · Window Treatments
LaundryInside · Laundry Room
CoolingCentral Air
HeatingCentral · Electric
FurnishedFurnished

Outside & construction

RoofMetal
ConstructionWood Frame · Wood Siding
FoundationSlab · Stilt/On Piling
ViewWater
FacesNorth
ParkingCircular Driveway · Driveway · Golf Cart Parking · Off Street · Oversized · RV Parking
ExteriorCourtyard · Fire Pit · Lighting · Outdoor Grill · Private Mailbox · Private Yard · RV Hookup · Sliding Doors · Storage

Community & fees

Taxes (2025)$3,855/yr
PetsYes

Utilities & systems

UtilitiesBB/HS Internet Available · Cable Available · Electricity Connected · Public · Sewer Connected · Water Connected
WaterCanal/Lake For Irrigation · Public · See Remarks

The numbers

What it really costs

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

$4,088 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$3,372
PMI (est., until 20% equity)$234
Property tax — 2025 actual bill$321
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $62,500Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

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

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $62,500
Interest rate6.00%
Loan term

Estimated payment

$4,088/mo

Principal & interest$3,372
PMI (est., until 20% equity)$234
Property taxes (actual bill)$321
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. 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.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

List $625K
$258KedgeAI estimate $290,064 · range $268K$329K$650K

vs edgeAI estimate

+115.5%

$/sqft vs Eustis actives

$346 vs $205

Days on market

29 vs 36 typical

Where $346/sqft sits among the 202 Eustis actives

91
55
26
11 · this home
4
15
$143–200$200–256$256–313$313–370$370–427$427+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Eustis

Map of 507 LAKESHORE DRIVE

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)

98 of 202

Eustis actives have cut their price

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

This home is listed 112% above the EUSTIS 32726 median. See the full Eustis market guide →

Paper trail

This home's history

CurrentPrice reduced to $625,000 $50K
Jun 22, 2026Listed at $675,000 · 29 days on market since
1965Built · EUSTIS LAKEVIEW PARK

Reality check

What actually sold near 507 LAKESHORE DRIVE

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

2723 ROWAN STREETSold · Jun ’26

$315,000

2723 ROWAN STREET

3 bd · 2 ba · 1,781 sqft · $177/sqft · 123 DOM

345 W SEMINOLE AVENUESold · Aug ’25

$275,000

345 W SEMINOLE AVENUE

3 bd · 2 ba · 1,774 sqft · $155/sqft · 130 DOM

3400 SALVIA COURTSold · Nov ’25

$367,990

3400 SALVIA COURT

4 bd · 2 ba · 1,839 sqft · $200/sqft · 12 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

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.

Steeve Cadeau

Your agent

Steeve Cadeau

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 507 LAKESHORE 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 507 LAKESHORE DRIVE — before you fall in love.

See it in person

Schedule a tour

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

Goes straight to Steeve’s phone and CRM.

Straight answers

507 LAKESHORE DRIVE FAQs

What would the monthly payment be for 507 LAKESHORE DRIVE?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,088/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 507 LAKESHORE DRIVE?+

The most recent tax bill on record (2025) was $3,855. 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 507 LAKESHORE 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 $625,000, this home is listed about 63% above the Eustis median of $382,500. The market section on this page shows how the area is trending.

Which schools are assigned to 507 LAKESHORE 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

Three things that matter here

01Positioned at the premium end

$625,000 runs 112% above the EUSTIS 32726 median.

02Water views

The water view is part of what you're buying — views hold value independently of the structure.

03The price has already moved

Listed at $675,000, now $625,000 — a $50K cut. The full history is in the market section below.

Listing courtesy of FLORIDA LIFESTYLE REALTY GROUP · Karen M. Riscinto. MLS #G5114140.

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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