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$535,000
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Property Description
Set along the peaceful shoreline of Lake Gracie, this 4-bedroom retreat offers a quiet kind of living that feels worlds away, yet right at home. With 84 feet of waterfront and a spacious half-acre setting, the days here naturally slow down, filled with morning paddles, calm water views, and evenings that reflect softly across the lake. Inside, warmth and character shine through. Wood beam ceilings and a gas fireplace create a cozy, grounded living space, while the layout offers room to live, work, and create. The converted basement adds flexible space for an office or craft room and includes a convenient half bathroom, offering even more functionality beyond the listed square footage. Upstairs, a full-length balcony stretches across the home, accessible from both the primary bedroom and one of the guest bedrooms, creating the perfect place to take in the lake views, sip your morning coffee, or unwind at sunset. The primary bathroom is thoughtfully updated with timeless Carrara marble finishes, adding a touch of everyday luxury. Located just minutes from downtown Eustis and Ferran Park, you are close to local shopping, dining, waterfront events, and year-round festivals while still enjoying the peace and privacy of lakefront living. To top it off, this home features brand new carpet (2026) and a BRAND NEW ROOF INSTALLED BEFORE CLOSING, giving you added peace of mind. This is the kind of home where life feels a little softer, a little slower, and a lot more connected to nature.
Full Property Details
Full Property Details for 1039 Lake Gracie Dr
General
- Price: $535,000
- Taxes: $4,022 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: G5109854
- Updated: 4/21/2026
- Added to Site: 50 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 8
- Interior Features: Ceiling Fan(s), Central Vacuum, L Dining, PrimaryBedroom Upstairs, Stone Counters, Vaulted Ceiling(s)
- Fireplace: Yes
- Fireplace(s): Gas, Living Room
- Appliances: Built-In Oven, Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer
- Furnishings: Negotiable
- Flooring: Carpet, Laminate, Marble, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside
Exterior
- Exterior Features: Balcony, French Doors
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Oversized
Location
- Area: 32726 - Eustis
- County: Lake
- Development Name: 32726 - Eustis
- Subdivision: EUSTIS HOGAN TERRACE
- Driving Directions: From SR 44 turn left on S Exeter St, Right on E Key Ave, left on Lake Gracie Dr, Home is on your left.
- Direction Faces: Southwest
Community
- Community Name: 32726 - Eustis
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: Block, Brick, Wood Frame
- Roof: Shingle
- Stories/Levels: Multi/Split
- Square Feet: 2,847
- Sq. Ft. Source: Public Records
- Year Built: 1970
Lot Features
- Lot Size (Acres): 0.51
- Lot Size (Sq. Ft.): 22,347
- Lot Size: 22347
- Lot Dimensions: 84 x 145
- Frontage: Street Paved
- Street/Road Desc.: Paved
- Fencing (Description): Vinyl
Water Features
- Water Front: Yes
- Water Access: Yes
- Water Access Desc: Lake
- Water Front Desc.: Lake Front
Financial Considerations
- Tax Amount: $4,022.28
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: EUSTIS HOGAN TERRACE LOTS 10 11 BLK Z LAND OPPOSITE SAID LOTS & LAKE GRACIE BOUNDED ON N BY N LINE OF LOT 10 EXT & ON S BY S LINE OF LOT 11 EXT PB 5 PG 22 ORB 4835 PG 1667
- Flood Zone Info: X
- APN: 111926040000Z01000
- Property ID: 111926040000Z01000
- Block/Lot/Section: 00Z
Listed by Bhhs Florida Realty
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Schools
Schools serving 1039 Lake Gracie Dr
School District:Lake County School District
| Name | Grades | Distance |
|---|---|---|
Eustis Elementary School 714 Citrus Avenue, Eustis, FL 32726 | PK-5 | 0.2 mi |
Eustis Middle School 18725 Bates Avenue, Eustis, FL 32736 | 6-8 | 2.1 mi |
Eustis High School 1300 East Washington Avenue, Eustis, FL 32726 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1039 Lake Gracie Dr
Date
Details
Price
Change
Source
4/21/2026
Price Reduced
$535,000
-1.83%
MLS
3/23/2026
Listed
$545,000
172.5%
MLS
8/09/2016
Sold
$200,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1039 Lake Gracie Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,955
—
$252,460
3%
2024
$3,955
—
$245,350
3%
2024
$3,955
4%
$238,440
3%
2023
$3,785
6%
$231,500
6%
2021
$3,583
-4%
$218,220
-3%
2022
$3,726
4%
$224,760
4%
2021
$3,583
2%
$215,208
4%
2018
$3,503
-4%
$206,448
-2%
2019
$3,645
11%
$210,370
8%
2017
$3,288
16%
$195,646
13%
2016
$2,835
-2%
$173,040
1%
2015
$2,881
—
$171,838
1%
2014
$2,881
5%
$170,475
1%
2013
$2,732
—
$167,956
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1039 Lake Gracie Dr
1039 Lake Gracie Drive, Eustis, FL 32726 (MLS# G5109854) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 1039 Lake Gracie Drive is currently listed for $535,000 and was received on March 23, 2026. Want to learn more about 1039 Lake Gracie Drive? Do you have questions about finding other Single Family real estate for sale in Eustis? You can browse all Eustis real estate or contact a Coldwell Banker agent to request more information.

