1025 CAPELLA DRIVE, #1, Tavares, FL, 32778 | $223,999

As the morning sun filters through the windows, you pour a cup of coffee and settle into the bright Florida room, where birdsong and gentle breezes welcome the day. Later, a short golf cart ride takes you to downtown Tavares for lunch by the lake, boutique shopping, or a breathtaking sunset over the water. Returning home, you enjoy the comfort of an updated kitchen, spacious living areas, and the peaceful charm of a friendly 55+ you own the land. This isn’t just a house—it’s the beginning of a new chapter

This exceptional 3-bedroom, 3-bathroom home offers a rare feature seldom found in Lake Frances Estates—a private mother-in-law suite, making it ideal for extended family, guests, or multi-generational living.

Convenience begins the moment you arrive. In addition to the main entrance, the property offers rear street access, providing extra parking for vehicles, a golf cart, or visiting guests. Step outside and discover an inviting outdoor patio designed for relaxing mornings, evening gatherings, and entertaining friends. The private, fenced backyard creates the perfect setting for pets, family celebrations, or peaceful afternoons.

A welcoming 48’ x 12’ covered front porch invites you inside, where you’ll immediately appreciate the warm, comfortable atmosphere of the spacious living room. Just off the entry is the laundry room, which leads to the private guest suite with its own bedroom and full bathroom—offering comfort and privacy for visitors.

The beautifully designed kitchen and dining area serve as the heart of the home, combining functionality with an open, inviting layout that feels like your own private retreat. Nearby, you’ll find the second guest bedroom and another full bathroom, thoughtfully positioned for convenience.

At the rear of the home, the spacious primary suite offers a peaceful escape, complete with a generously sized ensuite bathroom designed for everyday comfort.

For even more living space, the large family room is perfect for movie nights, hobbies, or entertaining, with direct access to the expansive 20’ x 10’ lanai, creating seamless indoor-outdoor living.

Beyond the home itself, you’ll enjoy everything that makes Lake Frances Estates so special. This welcoming community offers an active lifestyle with golf cart access throughout the neighborhood—and even into beautiful downtown Tavares, where you can enjoy waterfront dining, charming shops, local events, and some of Florida’s most spectacular sunsets.

Homes with this combination of space, privacy, flexibility, and unique features rarely become available in Lake Frances Estates. Don’t miss this opportunity. Schedule your private showing today and experience everything this remarkable property has before someone else calls it home.
A/C, water heater, and rubber roof all installed in 2023.

Features

  • Rooms: 11
  • Bedrooms: 3
  • Baths: 3 full
  • Lot Size: 90 x 100
  • Laundry: Inside
  • Year Built: 1972
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,536
  • Acreage: 0.21
  • Lot Size: 90 x 100
  • Est. Taxes: $1,548
  • HOA Fee: $52 Monthly
  • Adult Communities: Yes
  • Elem. School: Tavares Elem
  • Middle School: Tavares Middle
  • High School: Tavares High
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • MLS#: G5114703
  • Days on Market: 4 days
  • Website: https://www.raveis.com
    /prop/G5114703/1025capelladrive_tavares_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 7/14/2026 1:58:05 AM)
Listing courtesy of OLYMPUS EXECUTIVE REALTY INC   Phone: 407-469-0090

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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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
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1025 CAPELLA DRIVE, #1, Tavares, FL, 32778

$223,999

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 $179,199 $179,199 $179,199
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.500% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.697% 6.650% 5.992%
Monthly Tax Payment $129 $129 $129
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,089 $1,133 $1,488
Total Monthly Payment $1,293 $1,337 $1,692

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.