IDX

Listed by Brad Merrell · Courtesy of COLDWELL BANKER REALTY · 407-696-8000 · Agent MLS ID# MFR261072051 · Deemed reliable but not guaranteed. · Listing updated: Nov 7, 2026 · 8:35 PM

Active

242 BLUE WATER ST

Eustis, Lake, FL, 32736

$399,000

$190/sqft

3Beds
2Baths
2,096Sq Ft
2008Built
160Days on Market

About this home

BIG NEWS FOR FLORIDA HOMEBUYERS! Florida's newly approved Amendment 3 expands the homestead property tax exemption to $150,000 in 2027 and $250,000 in 2028 for qualifying homeowners on non-school property taxes! Your next home could come with significant property tax savings! Ask about the new homestead tax benefits!Welcome to this beautifully updated home in the highly desirable gated community of Blue Lake Estates! With approximately $60,000 in improvements completed within the last year, this move-in ready property offers the perfect combination of modern upgrades, flexible living spaces, and exceptional outdoor entertaining. Major updates completed in 2025 include a new roof, new HVAC system with insulation and ductwork, new water heater, fresh interior and exterior paint, new luxury vinyl plank flooring throughout the living areas, and new carpet in all bedrooms. The oversized two-car garage features an insulated garage door, garage door opener, painted floor, and a new mini-split air conditioning system, making it ideal for hobbies, a workshop, home gym, or additional flex space. Inside, you'll find an open and inviting floor plan designed for both everyday living and entertaining. The formal living room has been enhanced with French doors, creating the perfect private office, study, den, or media room. The formal dining room offers incredible flexibility and could easily serve as an additional sitting area while remaining open to the spacious family room. The heart of the home is the well-appointed kitchen featuring granite countertops, 42-inch cabinetry, stainless steel appliances, crown molding, breakfast bar seating, two closet pantries, and a generous casual dining area large enough to accommodate a farmhouse table. The family room showcases crown molding, beautiful new flooring, and a tall sliding glass door that opens to your private backyard retreat. The spacious primary suite offers a vaulted ceiling, private French door access to the patio, room for a sitting area, and two walk-in closets. The luxurious primary bath includes dual vanities, a soaking tub, oversized walk-in shower, private water closet, and linen closet. A split-bedroom floor plan provides privacy for family members and guests. Outdoor living is truly exceptional with a 22' x 13' covered lanai that opens to an additional 28' x 13' screened patio extension completed in 2025. There is a handsome wood bar with a mini refrigerator enhancing your outdoor entertaining area. Beyond the screened enclosure are two additional outdoor deck areas perfect for grilling, entertaining, or relaxing in the Florida sunshine. The fully fenced backyard offers outstanding privacy and plenty of space to enjoy outdoor living year-round. Additional features include an inside laundry room with shelving and the refrigerator, washer, and dryer are included. This exceptional home combines extensive recent updates, versatile living spaces, and an outstanding location within one of Eustis' most sought-after gated communities. Schedule your private showing today!

Facts & Features

MFRO6410679
$399,000
Active
3
2
2
0
2,096 sqft
0.2300
2008
Residential
Single Family Residence
Florida

Community Information

242 BLUE WATER ST
Blue Lake Estates
Eustis
Lake
FL
32736
No

Amenities

Gated
N/A
No
No
No

Interior

Ceiling Fans(s), High Ceilings, Open Floorplan, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Stone Counters, Crown Molding
Central
Central Air
Tile, Carpet, Luxury Vinyl
N/A
1
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater, Range

Exterior

Rain Gutters, Private Mailbox, Sidewalk
Block, Stucco
Slab
Shingle
Wood
City Limits, Landscaped, Level, Sidewalk

School Information

Eustis Elem
Eustis Middle
Eustis High School

Additional Information

May 31, 2026
160
SR
East
No

Mortgage Calculator

$
$
%
Years
Percent per year

This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. COLDWELL BANKER REALTY is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.

160 days on market

Listing updated: Nov 7, 2026 · 8:35 PM

Listed by: Brad Merrell · 407-920-7800—COLDWELL BANKER REALTY · 407-696-8000

Updated from Real Estate Market Data

Location

AEAhmed ElbatrawyEmpire Network Realty

Get in Touch

You may also like

Similar Properties

Show More
2870 ALAMEDA DEL NORTE — home for sale

$464,900

2870 alameda del norte

3Beds
3Baths
MFRS5161235MLS ID
2,258SqFt

Courtesy of ⁨MY REALTY GROUP, LLC.⁩

1617 WILLOW GARDEN LOOP — home for sale

$326,590

1617 willow garden loop

5Beds
3Baths
MFRO6457356MLS ID
2,112SqFt

Courtesy of ⁨LENNAR REALTY⁩

1571 WILLOW GARDEN LOOP — home for sale

$324,090

1571 willow garden loop

5Beds
3Baths
MFRO6457347MLS ID
2,112SqFt

Courtesy of ⁨LENNAR REALTY⁩