Eustis Homes under $500,000

Eustis Homes under $500,000

Welcome to Eustis, Florida – a charming city nestled in the heart of Lake County, known for its stunning lakes, lush landscapes, and friendly community atmosphere. If you’re searching for an ideal place to call home, Eustis offers a delightful blend of small-town charm and modern conveniences, making it a perfect destination for families, retirees, and everyone in between.

Eustis is renowned for its picturesque surroundings, with beautiful lakes such as Lake Eustis and Lake Griffin providing ample opportunities for fishing, boating, and enjoying the great outdoors. The city is rich in history and culture, featuring vibrant local shops, delightful eateries, and community events that bring residents together throughout the year.

For those looking to settle down in Eustis, you’ll be pleased to discover a variety of homes available for under $500,000. This price range opens the door to a diverse selection of properties, from cozy single-family homes to charming townhouses, each with its unique character and appeal. Whether you’re seeking a peaceful retreat or a family-friendly neighborhood, Eustis has options that cater to every lifestyle and budget.

With its affordable housing market, welcoming community, and stunning natural beauty, Eustis, FL, is more than just a place to live; it's a place to thrive. Explore the possibilities and find your dream home in this enchanting city where every day feels like a vacation!

Newest Eustis Homes under $500,000

926 E Clifford Avenue, Eustis
$90,000
2 Beds ⋅ 1 Baths ⋅ Eustis SubDv.
Bring your vision to this Eustis investment opportunity! Situated on a 0.20-acre corner lot, this 2-bedroom, 1-bath home offers approximately 834 square feet of living space ready for its next chapter. Built in 1927, the property presents an opportunity for investors and renovators to reimagine the space and explore its potential as a fix-and-flip project or long-term rental. Public water and sewer connections add convenience, while the corner lot provides outdoor space to complement your renovation plans. Put your creativity to work and transform this property into your next investment!

926 E Clifford Avenue, Eustis
555 Ambassador Avenue, Eustis
$409,000
3 Beds ⋅ 2 Baths ⋅ Eustis SubDv.
TIMELESS CHARACTER, VINTAGE FLORIDA CHARM, BEAUTIFUL HILLTOP VIEWS OVERLOOKING LAKE GRACIE, AN EXPANSIVE DETACHED WORKSHOP, AND NO HOA! Perched on an expansive corner lot in the heart of Eustis, this one-of-a-kind property offers a rare combination of architectural charm, picturesque surroundings, and exceptional space for hobbies, storage, and additional garage parking. Surrounded by mature trees and established landscaping, this 3-bedroom, 2-bath residence captures the essence of classic Florida with thoughtful improvements that preserve its original character. Step inside to discover beautiful hardwood floors, elegant arched doorways, crown molding, crystal doorknobs, and timeless architectural details. The formal living room features a wood-burning fireplace, while the separate dining room provides an inviting space for entertaining. The kitchen blends vintage character with functionality, featuring custom cabinetry, granite countertops, a charming beadboard ceiling, natural gas cooktop, double ovens, and ample storage. Both bathrooms showcase beautiful original tilework, with the primary bath featuring a custom granite countertop selected to complement its vintage finishes. Plantation shutters add another touch of classic elegance throughout. One of the home's most captivating spaces is the expansive, light-filled sitting room, where three walls of windows frame sweeping elevated views of Lake Gracie and the surrounding landscape. Perfect for morning coffee, relaxing, or entertaining, this inviting space features beautiful French doors opening directly onto the porch and pool deck, seamlessly connecting indoor and outdoor living. Outside, the naturally sloping backyard creates a picturesque, multi-level retreat featuring a swimming pool, spacious deck, and remote-controlled retractable awning. Lush landscaping, mature plantings, and charming courtyard areas create a peaceful, private garden atmosphere ideal for enjoying Florida's beautiful weather. A STANDOUT FEATURE IS THE EXPANSIVE DETACHED WORKSHOP! Offering incredible versatility, this impressive space provides additional garage parking and plenty of room for car enthusiasts, woodworking, hobbies, equipment, or recreational storage. Combined with the attached two-car garage & a partial basement offering additional storage space, this property offers exceptional functional space rarely found in such an established setting. With NO HOA, enjoy added flexibility & freedom to make the most of your property! Numerous improvements over the years include a complete roof replacement, updated HVAC system, kitchen and bathroom enhancements, pool improvements, extensive landscaping and hardscaping, and a newer water heater, all while maintaining the home's original character. Situated in a beautiful, established neighborhood ideal for evening strolls beneath mature trees, this property offers a peaceful residential setting just minutes from historic downtown Eustis. Enjoy nearby restaurants, boutique shops, waterfront parks, festivals, & community events. Convenient access to SR 429 also provides an easy connection to Orlando & surrounding Central Florida destinations. With its distinctive architecture, elevated Lake Gracie views, established grounds, expansive workshop, additional storage, NO HOA, and exceptional indoor & outdoor living spaces, this property offers a rare opportunity to experience vintage Florida charm, modern comforts, and a truly unique lifestyle in the heart of Eustis!

555 Ambassador Avenue, Eustis
21 S Mary Street, Eustis
$239,000
3 Beds ⋅ 2 Baths ⋅ Eustis SubDv.
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.
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
732 E Orange Avenue, Eustis
$299,997
3 Beds ⋅ 2 Baths ⋅ Eustis SubDv.
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.
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
$469,500
5 Beds ⋅ 4 Baths ⋅ Eustis SubDv.
"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
$244,000
3 Beds ⋅ 2 Baths ⋅ Eustis SubDv.
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
$469,800
4 Beds ⋅ 4 Baths ⋅ Eustis SubDv.
"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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