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Discover incredible value in Orlando Hills with this 1, 800 square foot manufactured home on a generous 22, 977 square foot/0. 62 acre lot in peaceful Eustis, Florida. Priced at $280, 000, this property presents a smart investment for buyers ready to personalize the space. Built in 2007, the home features three bedrooms with large walk-in closets, two bathrooms, laminate flooring throughout, and a kitchen with wood cabinets. The living room showcases a wood-burning fireplace adding warmth and character to the home. The sellers converted extra space into a versatile flex room currently used as an office, ideal for remote work or a home business. Practical features include a water softener, generator hook-up to the main power feed, and all major appliances conveying with the property including refrigerator, range, microwave, washer and dryer. The real treasure is the expansive outdoor space on over half an acre with well water and septic, featuring front and back porches perfect for entertaining. The oversized lot provides room for RV and boat parking, includes a large storage shed, a fenced area in the backyard, and a small creek running along the back property line adding natural charm. Located in the Orlando Hills community of Lake County, you're minutes from charming downtown Eustis, neighboring Mount Dora's antique shops, and easy access to Highway 441 for Orlando commuters just 40 miles away. This home is being sold as-is and offers buyers the opportunity to update flooring to their preference while enjoying immediate occupancy in a quiet, established neighborhood. At this price point in Eustis, properties move quickly for buyers who recognize value and potential.
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Our Executive Mortgage Banker:
Our Insurance Division:
$280,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $224,000 | $224,000 | $224,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.197% | 6.156% | 5.541% |
| Monthly Tax Payment | $160 | $160 | $160 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,272 | $1,342 | $1,801 |
| Total Monthly Payment | $1,507 | $1,577 | $2,036 |
* 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.