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$341,999

2922 Rustwood Ln

Eustis, FL
Pending
5
Bedrooms
4
Bathrooms
7,447
Square Feet
1.06
Lot Size (acres)
1982
Year Built
355
Days On Market

Under contract-accepting backup offers. <LAST PRICE REDUCTION><HIGHEST & BEST BY 11/14/2025> Investor Special- Motivated Seller- Massive Opportunity on Over an Acre- APPRAISED AT $580K, PRICED AT $341K!! This is a true investor’s dream and one of the most unique opportunities you’ll ever find in the Eustis and greater Orlando market. The seller is HIGHLY MOTIVATED and ready for a QUICK SALE. Priced extremely aggressively, this property was appraised as-is at $580,000 in August 2022 (appraisal attached on MLS), and the condition remains virtually unchanged- offering instant equity and major upside potential! Sitting on a quiet cul-de-sac and surrounded by nature and nearby lakes, this 5 bedroom, 4 bathroom, oversized home spans more than 4,500 sq ft of living space on over an acre of land- making it one of the largest homes in the area. Every other active listing nearby is MUCH SMALLER and PRICED nearly DOUBLE. This home is truly in a league of its own. Inside, you’ll find solid bones and endless potential. Yes- it needs a full cosmetic rehab (needs a new roof, drywall work, and one A/C unit will need replacement), but you’re working with a large, well-built structure that can easily be brought back to life. The property includes two separate garages plus a carport, providing at least 7 covered parking spaces in total, not including the massive driveway. It even features a steam room that just needs to be reconnected. Much of the home is still frozen in the 1980s, though some areas have been lightly updated and remain functional. With no HOA and no restrictions whatsoever, your options are wide open- whether it’s a luxury flip, long-term rental, short-term Airbnb, or even a customized dream home. After a thoughtful renovation, this property could potentially push into the seven-figure range based on its size, layout, and land. Don’t miss this one- opportunities like this are EXTREMELY RARE! The seller is motivated and selling well below market value for a fast, smooth closing. <PREFERRING CASH OR HARD MONEY OFFERS WITH A SHORT INSPECTION PERIOD, AT LEAST A $10,000 EARNEST MONEY DEPOSIT, AND A 21-DAY POST OCCUPANCY PERIOD> <NO ASSIGNABLE CONTRACTS>

Listing Information

Listing Updated
11/21/2025
Listed By
Ronald Ryder, 3053029806 · RICHARD PETERS REALTY LLC, 3524489712
MLS#
TB8437456
Source
Stellar MLS
Status
Pending

Facts & Features

Location

Community Information

Address
2922 Rustwood Ln, Eustis, FL 32726
City
Eustis
County
Lake
Neighborhood
EUSTIS RUSTWOOD
Zip Code
32726

Architecture

Bedrooms
5
Bathrooms
4
Stories
1
Year Built
1982
Construction Materials
Stucco, Brick, Block
Building Area
7,447 sq. ft.
Foundation
Block, Slab, Brick/Mortar
Roof
Shingle
Levels
Two
Garage
Yes
Garage Spaces
7
Parking Features
Attached

Features & Amenities

Interior Features
Other
Appliances
Other
Flooring
Carpet, Ceramic Tile, Wood
Exterior Features
Other
Cooling
Central Air
Heating
Electric, Central

Property Features

Lot Size
1.06 Acres
Water
Public
Sewer
Public Sewer
Utilities
Other

Square Footage

Total
4,563 sq. ft.

Tax & Financial Information

List Price
$341,999
Annual Taxes
$3,870

Schools

77/100
Alee Academy Charter School
High · Grades 09–12 · 0.8 mi
City
Eustis
Students
177
Parent reviews
5.0★ avg · 2 reviews
Student body
41% White · 29% Black · 22% Hispanic / Latino
Free/reduced lunch
57%
Phone
(352) 357-9426
75/100
Lake Academy Eustis
Grades M–M · 3.5 mi
City
Eustis
Students
41
Student–teacher
6.8
Student body
51% White · 34% Black · 7% Hispanic / Latino
Free/reduced lunch
68%
Phone
(352) 483-1652
75/100
Lake Technical College
High · Grades 09–12 · 3.6 mi
City
Eustis
Parent reviews
5.0★ avg · 2 reviews
Phone
(352) 589-2250
73/100
Umatilla Middle School
Middle · Grades 06–08 · 3.2 mi
City
Umatilla
Students
610
Parent reviews
5.0★ avg · 4 reviews
Student body
74% White · 15% Hispanic / Latino · 7% Two or More Races
Free/reduced lunch
49%
Phone
(352) 669-3171
64/100
Eustis High School
High · Grades 09–12 · 2.6 mi
City
Eustis
Students
1,258
Parent reviews
3.5★ avg · 4 reviews
Student body
59% White · 18% Black · 18% Hispanic / Latino
Free/reduced lunch
52%
Phone
(352) 357-7449
55/100
Eustis Heights Elementary School
Elementary · Grades PK–05 · 3.3 mi
City
Eustis
Students
599
Student body
31% Black · 31% Hispanic / Latino · 30% White
Free/reduced lunch
65%
Phone
(352) 357-2447
53/100
Eustis Elementary School
Elementary · Grades PK–05 · 2.3 mi
City
Eustis
Students
514
Student body
49% White · 25% Black · 21% Hispanic / Latino
Free/reduced lunch
73%
Phone
(352) 357-2779
53/100
Eustis Middle School
Middle · Grades 06–08 · 2.5 mi
City
Eustis
Students
920
Student body
54% White · 22% Hispanic / Latino · 19% Black
Free/reduced lunch
66%
Phone
(352) 357-3366

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
11/03/2025Price change$341,999
10/14/2025Listed for sale$399,900

Listed by Ronald Ryder · RICHARD PETERS REALTY LLC · 3524489712

Listing information provided exclusively 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. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Stellar MLS. All rights reserved.

Last Updated: November 21, 2025 at 5:40 PM | Source: Stellar MLS | MLS#: TB8437456

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