38922 ELLA DRIVE, Lady Lake, FL, 32159 | $900,000

LIFE IS BETTER AT THE LAKE — YOUR WATERFRONT RETREAT AWAITS Welcome to a place where mornings begin with mist rising over the water and evenings end under a canopy of stars sitting around the campfire. Tucked away on a private dead-end road, this updated 4-bedroom, 4. 5-bath waterfront estate is more than a home—it’s a lifestyle designed for family fun, memory-making, and pure Central Florida relaxation. A Home Designed for Togetherness but large enough to have your own space Step onto the large rocking-chair front porch and feel the stress melt away. Inside, the home opens into expansive gathering spaces, including a massive kitchen, dual living areas, and a stunning 16-seat dining room where holidays, reunions, and celebrations come to life. With two kitchens and two separate entrances, and sleeping capacity for 16 guests, this property is ideal for hosting large groups—or even running as a turn-key B&B if you want income while not using the home year-round. Entertainment for Everyone Whether you're lounging or laughing, you’ll never run out of things to do: 17-seat movie theater for unforgettable movie nights Full private bar with seating for 20 Piano & karaoke stage for the brave (or the bold!) 15x30, 6-ft-deep heated pool inside a 1, 700 sq. ft. screened enclosure Huge backyard for camping, smores by the fire pit, or an exciting backyard game of volleyball or relaxing games of cornhole, horseshoes, badminton or croquet. This is the kind of property where kids disappear for hours and adults rediscover fun again. Your Gateway to Lake Life, situated on a high & dry 1. 2-acre lot with 200 feet of water frontage, your backyard provides a 3-minute boat ride to the 9, 000-acre+ Lake Griffin, part of the renowned Harris Chain of Lakes—home to world-class bass fishing and endless water adventure. The property includes: Adventures begin the moment you step outside. Close to Everything, Yet a World Away Only 8 miles to The Villages, with shopping, restaurants, doctors, and Spanish Springs Square just minutes from your door. Want more? Within 20 minutes, you’ll find multiple town squares with free live music 365 evenings a year. Pool Heater, Range, dryer and outdoor barbeque powered by LP gas Plus, top Florida attractions are surprisingly close: 45 min to Silver Springs glass-bottom boat tours Back-yard access to 76, 000 acres of 7 inter-connected fresh-water lakes 1 hr 15 min to Disney & Universal, Quick access to the World Equestrian Center, and Orlando airport 1 hr. 30 min to Daytona Beach 2 hrs. to Clearwater Beach, Tampa Hard Rock Casino & Bucs Stadium A 700 sq. ft. garage allows space for your workshop, vehicles, or water toys, and the expansive driveway fits multiple cars or a friendly game of one-on-one hoops. If you want flexibility, privacy, income, or multigenerational living with separate In-Law living quarters. Best of all, No HOA rules or fees. Recent updates include new roof, exterior paint and gutters and pool pump in 2025 This Isn’t Just a Home It’s a Destination Whether you dream of sunset boating, poolside afternoons, or evenings around the fire pit, this property invites you to slow down and enjoy Florida living at its finest. What will you do first? If you have a seaplane with folding wings for taxiing, you can moor it in the water behind the home or backyard

Features

  • Rooms: 15
  • Bedrooms: 4
  • Baths: 4 full / 1 half
  • Lot Size: 100 x 258
  • Laundry: Inside, Laundry Room
  • Style: Traditional
  • Year Built: 1980
  • Garage: 2-car Golf Cart Parking, Ground Level, Off Street, On Street
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 4,046
  • Acreage: 1.2
  • Lot Size: 100 x 258
  • Est. Taxes: $7,567
  • Lot Desc: Greenbelt
  • View: Trees/Woods, Water
  • Water Front: Yes
  • Pool: Heated, In Ground
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Bar Fridge, Dishwasher, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
  • MLS#: G5104982
  • Days on Market: 120 days
  • Website: https://www.raveis.com
    /eprop/G5104982/38922elladrive_ladylake_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 6/4/2026 2:17:09 PM)
Listing courtesy of LOKATION   Phone: 954-545-5583

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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38922 ELLA DRIVE, Lady Lake, FL, 32159

$900,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $720,000 $720,000 $720,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.312% 6.235% 6.183%
Monthly Tax Payment $631 $631 $631
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,259 $4,375 $6,076
Total Monthly Payment $4,982 $5,098 $6,799

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.