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$498,000 Just Listed
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Property Description
Adjacent parcel included in this sale giving you 2 acres! Escape the hustle of city life and settle into this inviting 3-bedroom, 2-bath split-plan home tucked on a private, fully fenced 2-acre lot in the sought-after Royal Trails community. Built in 2008 and offering 1,834 square feet of heated living space, this single-story residence blends comfortable living with the tranquility of a rural setting, just minutes from Lake Norris. Step inside to a spacious living room featuring French doors that open to a covered rear patio, perfect for enjoying the surrounding wildlife and scenery. The updated kitchen showcases 42-inch cabinetry, granite countertops, and stainless steel appliances, while ceramic tile flooring runs throughout the main living areas. The primary suite offers its own private patio access, a walk-in closet with custom built-ins, and an en-suite bath complete with a garden tub, oversized shower, and double-sink vanity. Two additional bedrooms provide generous closet space and comfortable proportions for family or guests. Practical upgrades include a new water heater, giving buyers extra peace of mind. Outdoors, enjoy homegrown key lime, guava, and fig trees, plus a two-car attached garage outfitted with custom built-in closets for smart, organized storage, along with a separate shed or workshop space. A gated driveway adds an extra layer of privacy and security. Community amenities include a clubhouse, playground, and access to Lake Norris, all for a modest annual HOA fee of $75. This home can be purchased with NO MONEY DOWN or NO INCOME VERIFICATION through our preferred lender.
Full Property Details
Full Property Details for 41220 Alder Way
General
- Price: $498,000
- HOA FEE: $6/month
- HOA FEE FREQ.: Annually
- Taxes: $4,895 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: G5115635
- Updated: 8/3/2026
- Added to Site: 2 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 6
- Interior Features: Ceiling Fan(s), Eating Space In Kitchen, High Ceilings, Solid Surface Counters, Split Bedroom
- Appliances: Dishwasher, Microwave, Refrigerator
- Furnishings: Unfurnished
- Flooring: Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Laundry Room
Exterior
- Exterior Features: Lighting, Private Yard
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
Location
- Area: 32736 - Eustis
- County: Lake
- Development Name: 32736 - Eustis
- Subdivision: ROYAL TRAILS UNIT 01
- Driving Directions: From CR 44 turn onto Royal Tails Blvd, turn Right on W Thyme, right on Poinciana Street, turn left onto Alder Way. Home on Right.
- Direction Faces: West
Community
- Community Name: 32736 - Eustis
- Community Features: Lake, Water Access, Clubhouse, Deed Restrictions, Playground
- Association: Yes
- Assoc. Name: Eric Nolin
- Pet Restrictions: One horse is allowed per 1 acre
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water District: LAKE NORRIS
- Water: Well
- Utility Description: BB/HS Internet Available
Structural Information
- Exterior Const.: Block
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 1,834
- Sq. Ft. Source: Public Records
- Year Built: 2008
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 2.14
- Lot Size (Sq. Ft.): 43,560
- Lot Size: 1
- Street/Road Desc.: Paved
Water Features
- Water Access: Yes
- Water Access Desc: Lake
- Water Front Name: LAKE NORRIS
- Water Front Desc.: Lake
Financial Considerations
- Association Fee: $75
- Assoc Fee Freq.: Annually
- Assoc Fee Desc.: Required
- Tax Amount: $4,895.2
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: ROYAL TRAILS UNIT NO 1 SUB LOT 16 BLK 103 BEING IN SEC 6-18-29 PB 19 PGS 1-59 ORB 6420 PG 675
- Flood Zone Info: X, AE
- APN: 361728010010301600
- Property ID: 361728010010301600
- Block/Lot/Section: 103
Listed by Lpt Realty, Llc
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Schools
Schools serving 41220 Alder Way
School District:Lake County School District
| Name | Grades | Distance |
|---|---|---|
Seminole Springs Elementary School 26200 West Huff Road, Eustis, FL 32736 | PK-5 | 7.9 mi |
Eustis Middle School 18725 Bates Avenue, Eustis, FL 32736 | 6-8 | 13.4 mi |
Eustis High School 1300 East Washington Avenue, Eustis, FL 32726 | 9-12 | 15.3 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 41220 Alder Way
Date
Details
Price
Change
Source
8/01/2026
Listed
$498,000
15.81%
MLS
10/23/2024
Sold
$430,000
—
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 41220 Alder Way
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,436
—
$343,131
47%
2024
$3,436
10%
$234,200
3%
2023
$3,130
11%
$227,380
6%
2021
$2,822
-4%
$214,331
-3%
2022
$2,925
4%
$220,760
18%
2021
$2,822
-12%
$186,612
—
2019
$3,209
9%
$186,612
8%
2018
$2,931
63%
$172,239
26%
2017
$1,796
1%
$136,407
2%
2016
$1,787
-25%
$133,602
2%
2015
$2,396
1%
$130,707
3%
2014
$2,365
12%
$127,170
9%
2013
$2,104
—
$116,850
—
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 41220 Alder Way
41220 Alder Way, Eustis, FL 32736 (MLS# G5115635) is a Single Family property with 3 bedrooms and 2 full bathrooms. 41220 Alder Way is currently listed for $498,000 and was received on August 01, 2026. Want to learn more about 41220 Alder Way? 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.

