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 its 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 youre 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.
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 its 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 youre 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.
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Balcony, Courtyard
Flooring: Hardwood, Other, Tile
Living Area: 2503.00
Roof: Shingle
Property Information
Property Condition: Completed
Land Information
Lot Features: Corner Lot, Paved
Garage and Parking
Garage Spaces: 2.00
Open Parking Spaces: 0.00
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Central Air
Heating: Central
Sewer: Septic Tank
Utilities: Cable Available, Electricity Available, Phone Available
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2025
Other Features
Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
Country: US
Furnished: Partially
Interior Features: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Stone Counters, Walk-In Closet(s), Window Treatments
Legal Description: RAINBOW RIDGE BEG AT NE COR OF LOT 3 BLK B RUN W TO NW COR LOT 3 S'LY ALONG W'LY LINE OF LOT 85 FT NE'LY TO PT ON E LINE OF LOT 50 FT S OF POB N TO POB PB 11 PG 43 ORB 5618 PG 1904
This amazing Sims floorplan offers room for everyone and is situated on a lot with conservation views behind. 6 bedrooms and 4 full baths which includes a first floor guest suite. The kitchen feature
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