See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1254 MAGNOLIA FARMS CT, Eustis, FL, 32726

3beds
2baths
1,932sqft
$589,900
$305price/sqft
$4,396/moest. monthly cost
$175,840/yrincome needed

About This Home

Sellers offering $5,000 concessions towards buyers closing costs and/or interest rate buydown! If you ever dreamed of owning your own private tropical paradise only one block from Lake Eustis, here it is. Only 1.2 miles from the boat ramp and Nestled on almost one acre, this beautifully updated and meticulously maintained 3-bedroom, 2-bath home offers 1,932 square feet of exceptional Florida living on a huge (and possibly separatable lot). This .84 Acre property is tucked away on a quiet cul-de-sac with no through traffic, this exceptional property offers privacy, tranquility, and endless possibilities. Designed for both everyday living and entertaining, the open floor plan features engineered hardwood floors, beautiful wood burning fireplace and stacking sliding glass doors that create a breathtaking first impression, making it feel as though you're walking directly into your own lush tropical pool oasis the moment you enter the home. The seamless connection between the indoor living spaces and the outdoors fills the home with natural light and creates the perfect setting for entertaining or simply enjoying Florida living. Step outside to your private retreat with a screen-enclosed saltwater pool surrounded by lush tropical landscaping, mature fruit trees, and expansive green space. The beautifully cleared and leveled rear portion of the property creates even more usable outdoor living space while preserving the peaceful, park-like setting. The oversized lot offers exceptional flexibility with a large private RV pad situated on its own dedicated area behind the home, two storage sheds, and abundant room for an in-law suite, guest house, workshop, man cave, she shed, additional garage, or simply space to garden, play, and enjoy your own private sanctuary. Subject to buyer verification with local zoning and subdivision requirements, the property may also offer the potential to create a separate buildable lot—an exciting opportunity for future investment or multigenerational living. This home has been thoughtfully updated throughout. In 2025, a new roof with transferable warranty was installed, along with a new water heater, fresh interior and exterior paint, decorative moldings throughout the home, an upgraded four-zone irrigation system, new door hardware, and updated light fixtures. The beautifully renovated guest bathroom features elegant Carrara marble flooring and countertop, a ceramic tile shower, and all new fixtures. Additional improvements include a new drainfield (2021), a new pool pump and saltwater pool system (2026), a stylish ceramic tile kitchen backsplash (2026), and the rear of the property professionally cleared and leveled (2026), further enhancing the functionality of this remarkable homesite. The tropical landscape is enhanced by beautiful citrus and fruit trees, including mature avocado and mango trees, creating a backyard that is as productive as it is beautiful. Ideally located just minutes from the charming shops, restaurants, waterfront, and year-round festivals of Mount Dora, and approximately one hour from both Orlando and Florida's world-famous beaches, this home offers the perfect combination of peaceful country-style living and everyday convenience. Properties offering this much land, privacy, extensive updates, and future potential rarely become available. Don't miss this unique opportunity to own one of Eustis' most exceptional homes.

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

3/10
Eustis Middle SchoolGrades 6-83.6 mi
3/10
Eustis High SchoolGrades 9-121.7 mi

Construction

Condition

  • Property condition: Completed
  • Year built: 1989

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Block,Brick

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Freezer,Range,Refrigerator
  • Laundry features: Laundry Room

Bathroom2

  • Features: Built-in Closet
  • Level: First
  • Area: 169.4
  • Dimensions: 12.1x14

Bedroom3

  • Features: Built-in Closet
  • Level: First
  • Area: 165.77
  • Dimensions: 12.1x13.7

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Features: No Closet
  • Level: First
  • Area: 157.331
  • Dimensions: 12.01x13.1

Features

  • Eating Space In Kitchen,High Ceilings,Kitchen/Family Room Combo,Living Room/Dining Room Combo,Open Floorplan,Other,Primary Bedroom Main Floor,Walk-In Closet(s)
  • Door features: French Doors
  • Window features: Window Treatments
  • Flooring: Ceramic Tile,Engineered Hardwood

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,500
  • Total interior livable area: 1,932 sqft

Kitchen

  • Features: No Closet
  • Level: First
  • Area: 158.51
  • Dimensions: 12.1x13.1

Living Room

  • Features: No Closet
  • Level: First
  • Area: 328.52
  • Dimensions: 17.2x19.1

Primary Bedroom

  • Features: Walk-In Closet(s)
  • Level: First
  • Area: 195
  • Dimensions: 15x13

Property

Details

  • Parcel number: 151926150000000200
  • Zoning: RESIDENTIA
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Private pool: Yes
  • Pool features: Gunite,In Ground,Lighting,Other,Salt Water
  • Patio & porch: Covered,Enclosed,Patio,Rear Porch,Screened
  • Exterior features: Lighting,Private Yard
  • Fencing: Fenced
  • Residential vegetation: Mature Landscaping,Trees/Landscaped

Lot

  • Lot size: 0.84 Acres
  • Features: Cleared,Landscaped,Oversized Lot,Private,Street Dead-End

Parking

  • Total spaces: 2
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Lightning
Strong Wind
Tornado
Hurricane
Inland Flooding

FEMA Declared Disasters in Lake County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,982$35,784
Home Insurance *$400$4,800
Property Taxes $817$9,804
Electricity $197$2,366
Total$4,396$52,752
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$150,720/yr
40% on housing$131,880/yr
45% on housing$117,226/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.9%
14.9%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$305This listing

vs Other Active Listings

Avg $/sqft

ZIP 32726$124
Lake County$156

vs Homes Sold Last Month

Median $/sqft

ZIP 32726$201
Lake County$206

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-11Price change$549,900
2026-06-29Listed for sale$589,900
2025-06-27Sold$512,000
2025-05-22Pending sale$525,000
2025-05-13Price change$525,000
2025-04-23Listed for sale$550,000
2006-04-12Sold$337,200
2004-03-25Sold$76,500

For Sale by Agent

AgentElizabeth Downes
BrokerageHEIRLOOM REALTY INTERNATIONAL

Similar Homes