1460 Grove StreetEustis, FL, 32726

Beautifully Refreshed Lakefront Retreat with Guest Home & Income Potential! Discover waterfront living on the peaceful shores of Lake Irma, just minutes from downtown Mount Dora and Eustis. Canoe or kayak from your backyard while enjoying exceptional lake views, colorful sunsets and abundant Florida wildlife.

Offering flexible living for multigenerational families, guests or rental income, this unique property includes a 2,168-sq-ft main home with 4 bedrooms and 2 baths, plus a furnished 1,108-sq-ft guest apartment with 2 bedrooms and 2 baths. The apartment was most recently leased long-term for $2,000/month for two years and may also offer short-term rental potential. With 6 bedrooms and 4 baths total, the layout can easily adapt to different living arrangements, including configuring either residence for 3 bedrooms.

Enjoy year-round outdoor living on the nearly 90-foot screened porch with outdoor kitchen, overlooking Lake Irma. The spacious property offers room for gardens, recreation and entertaining.

Recent updates include new quartz kitchen countertops, subway tile backsplash, updated hardware, freshly painted cabinetry, updated bathroom vanities, laminate flooring, a 2½-year-old roof and two water heaters installed in 2024. Propane serves the furnace and outdoor grilling area. An oversized laundry room provides additional storage, cabinetry and workspace.

The oversized kitchen is designed for serious cooking and entertaining with a commercial refrigerator and freezer, freestanding ice maker, generous prep space and room to gather. Spacious rooms throughout create a comfortable, versatile floor plan. A separate workshop and 2-car garage provide excellent space for hobbies, storage or vintage vehicles.

Bring the boat, RV, motorcycles and toys—two separate driveways provide abundant parking. Enjoy deeded access to spring-fed Lake Joanna for boating and jet skiing, plus Lake Maggie access. Nearby Hidden Waters Preserve offers scenic trails for walking, running and exploring nature, while the Harris Chain of Lakes provides miles of boating, watersports and waterfront dining throughout Lake County.

Minutes from the waterfront downtown districts of Mount Dora and Eustis, with restaurants, festivals, shopping and entertainment nearby. Convenient access to Hwy 441 and SR 429 via the Mount Dora SR 453 connector makes Orlando and Central Florida attractions easily accessible, with Daytona Beach, New Smyrna Beach and Cocoa Beach within reach.

Whether you're searching for a Central Florida lakefront home, waterfront home, peaceful setting, multigenerational property, guest home / in-law suite or income-producing residence near Mount Dora, this one-of-a-kind property offers exceptional flexibility and Florida living. Schedule your private tour and experience Lake Irma living for yourself. TVs in Primary Bedroom and Living Room convey.