2404 WAYCROSS AVENUE EUSTIS FL 32726 MLS #G5106508

Income-Producing Lakeview Estate with Fully Independent ADU – Proven Rental Potential
Across from East Crooked Lake
Perched on an elevated ridge directly across from spring-fed East Crooked Lake, this
beautifully remodeled mid-century property is more than a home — it’s a strategic investment
opportunity with built-in income potential. With a fully independent 720 sq ft apartment over
the garage, this property offers flexibility for multigenerational living, long-term rental income,
or short-term rental strategy.
The separate ADU is a true residence featuring its own entrance, full kitchen, living room,
bedroom, full bath, laundry, office nook, and private yard space. This is not just a bonus room
— it functions as a complete second home. For investors, this creates dual-income capability.
For owner-occupants, it offers offset mortgage potential while building equity. A separate
turnkey furnishing package is available, making this unit move-in or rental-ready immediately.
The main residence delivers 3 bedrooms and 2 baths with a fresh, modern interior filled with
natural light. Engineered wood floors, granite countertops throughout, and French doors open
to a private fenced courtyard ideal for outdoor dining and entertaining. From the expansive
balcony deck, enjoy stunning sunset views over the lake — a feature that enhances both
lifestyle appeal and rental desirability.
Recent capital improvements include a new roof (2020) and HVAC (2023), providing peace of
mind for homeowners and investors alike. The oversized garage with storage plus dual
driveways offers abundant parking — ideal for tenants, guests, boats, or recreational vehicles.
The corner lot design ensures low maintenance with maximum usability.
Located in Unincorporated Lake County just minutes from the US-441 Mt. Dora/Eustis corridor,
this property combines lake-view ambiance with convenient access to shopping, dining, and
everyday services — a key factor for strong rental performance and long-term value retention.
Whether you’re seeking multigenerational flexibility, supplemental income, or a portfoliobuilding
asset, this property delivers multiple exit strategies in one unique package. Live in one,
rent the other — or maximize both.
A rare opportunity to secure a lakeview property that works as hard as you do.