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#8 MITCHEL WAY, Eustis, FL, 32726 | $169,000
Prime 1. 75-Acre Lakefront Lot on Serene, Spring-Fed Bay Lake – Lot 8, Mitchel Way, Eustis, FL *** Please note we have verified with the County that there are no known barriers to building on this lot but buyers are advised to complete their own due diligence ***.
Escape to your own slice of peaceful Florida paradise on this beautifully wooded, 1. 75-acre vacant lot directly fronting the crystal-clear, spring-fed waters of Bay Lake in unincorporated Lake County. Nestled in a quiet, natural setting just outside Eustis, this rare opportunity offers direct lake access with the freedom to build your dream home and install a private dock—perfect for creating lasting memories on the water.
Imagine waking up to the gentle sounds of nature, stepping onto your backyard dock, and enjoying a morning paddle, kayak, or fishing session right from your property. Bay Lake welcomes fishing, providing excellent opportunities for boating, swimming, and reeling in bass from the spring-fed depths. The lot's wooded landscape offers privacy and abundant shade from mature trees, while the buildable terrain (septic and well required) gives you flexibility to design a custom retreat—whether a cozy cabin or modern lake home.
This exceptional location puts you in the heart of Lake County's vibrant lifestyle. You're just minutes from charming Eustis, with its scenic Ferran Park lakefront, historic downtown, festivals, and community events. Head slightly south to iconic Mount Dora (only about 10-15 minutes away)—famous for its antique shops, art galleries, craft fairs, waterfront dining, and picturesque streets that feel like stepping into a storybook. Lake County offers endless outdoor adventures: explore nearby nature preserves like Hidden Waters or Trout Lake Nature Center, boat the renowned Harris Chain of Lakes, or enjoy hiking, birdwatching, and more. Whether you're seeking a tranquil escape from the everyday, a weekend getaway spot, or the canvas for your forever home, this lakefront gem delivers the ultimate Central Florida lifestyle—privacy, recreation, and convenience all in one. Don't miss your chance to own waterfront in one of Lake County's most desirable areas!
Ready to build your legacy on Bay Lake? Contact us today for more details or to schedule a private viewing.
Features
- Lot Size: 170 x 489 x 151 x 478
- Lot Desc: Buildable, In County
- View: Water
- Elem. School: Seminole Springs. Elem
- Middle School: Eustis Middle
- High School: Eustis High School
- MLS#: S5146204
- Days on Market: 5 days
- Website: https://www.raveis.com
/prop/S5146204/8mitchelway_eustis_fl?source=qrflyer
Listing courtesy of OLYMPUS EXECUTIVE REALTY INC Phone: 407-469-0090
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
#8 MITCHEL WAY, Eustis, FL, 32726
$169,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $135,200 | $135,200 | $135,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.750% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.634% | 6.890% | 6.078% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $832 | $877 | $1,132 |
| Total Monthly Payment | $907 | $952 | $1,207 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388