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Property Description
WATERFRONT OPPORTUNITY WITH APPROXIMATELY 3/4 ACRE, 400 FEET OF CANAL FRONTAGE & 3-CAR GARAGE! This unique Eustis property offers an exceptional combination of land, water, privacy and space, with a canal leading toward Trout Lake, and peaceful views of a 40-acre bird sanctuary across the canal. If you're looking for a property with character, flexibility and room to make it your own, this one deserves a look. Offering approximately 3,152 square feet of living space, 4 bedrooms and 3.5 bathrooms, this expansive home provides an abundance of room and flexibility. The property features a unique configuration with multiple living areas and spaces that can be adapted to suit a variety of needs. Portions of the home have been updated with newer finishes, while other areas provide an opportunity for the next owner to reimagine the layout and create a truly personalized waterfront residence. The kitchen areas feature solid wood cabinetry, granite countertops, breakfast bar and dining space, while large windows throughout the home bring in natural light and views of the surrounding greenery and wildlife. The primary bedroom includes a private half bath, outdoor shower and its own private deck, an ideal spot for morning coffee, reading or bird watching. Outside is where this property truly shines. Enjoy approximately 3/4 acre, extensive canal frontage, and peaceful canal and bird sanctuary. Spend evenings around the fire pit, launch a kayak or small boat, entertain friends, or simply enjoy the privacy and tranquility of your own waterfront retreat. The canal provides access toward Trout Lake and, for smaller boats, continuing toward Lake Eustis under the bridges. A 3-car garage provides valuable parking, storage and workspace, while the additional lot creates even more possibilities for future expansion, recreation or other uses, subject to applicable zoning and approvals. Located in a quiet neighborhood while remaining convenient to shopping, dining, parks, lakes and everything Eustis has to offer, this is a rare opportunity to acquire a large waterfront property with substantial land, canal access, a private boat ramp and incredible potential. Bring your vision and make this one-of-a-kind waterfront property your own!
Full Property Details
Full Property Details for 507 Phyllis Cir
General
- Price: $500,000
- Taxes: $10,312 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: O6439349
- Updated: 9/4/2026
- Added to Site: 1 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 11
- Interior Features: Ceiling Fan(s), Eating Space In Kitchen, Open Floorplan, Solid Wood Cabinets
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Luxury Vinyl, Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside, Laundry Room
Exterior
- Exterior Features: Irrigation System, Outdoor Shower
Parking
- Garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Parking Features: Driveway, Garage Door Opener, Guest, Off Street, On Street
Location
- Area: 32726 - Eustis
- County: Lake
- Development Name: 32726 - Eustis
- Subdivision: EUSTIS ORCHID LAKE
- Driving Directions: From SR 19 (North Grove Street), turn east onto Floral Avenue. Turn north onto N Hawley Street, then turn east onto Phyllis Circle. Continue to the end of the cul-de-sac; the property is located at 507 Phyllis Circle.
- Direction Faces: East
School Information
- Elementary School: Eustis Heights Elem
- Middle School: Eustis Middle
- High School: Eustis High School
Community
- Community Name: 32726 - Eustis
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Public
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Exterior Const.: Wood Frame
- Roof: Shingle
- Windows: Blinds
- Stories/Levels: One
- Square Feet: 3,152
- Sq. Ft. Source: Appraiser
- Year Built: 1971
Lot Features
- Property View: Water
- Lot Size (Acres): 0.3
- Lot Size (Sq. Ft.): 13,200
- Lot Size: 13200
- Lot Dimensions: 120 x 110
- Frontage: Street Paved
- Street/Road Desc.: Paved
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Canal - Freshwater
- Water Extras: Yes
- Water Front Desc.: Freshwater Canal
Financial Considerations
- Tax Amount: $10,312.95
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: EUSTIS, ORCHID LAKE SUB FROM NE'LY COR LOT 23 RUN S 60DEG E 65 FT, S 30DEG W 18.80 FT, N 59-42-57 W 68.53 FT TO LOT LINE, NE'LY ALONG LOT LINE TO POB, LOT 24 PB 14 PG 68 ORB 3402 PG 463
- Flood Zone Info: X
- APN: 21926040000002400
- Property ID: 21926040000002400
Listed by Hopkey Realty
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Schools
Schools serving 507 Phyllis Cir
School District:Lake County School District
| Name | Grades | Distance |
|---|---|---|
Eustis Heights Elementary School 310 West Taylor Avenue, Eustis, FL 32726 | PK-5 | 1.7 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 | 1.1 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 507 Phyllis Cir
Date
Details
Price
Change
Source
9/04/2026
Listed
$500,000
60.57%
MLS
1/07/2021
Sold
$311,400
—
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 507 Phyllis Cir
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,056
—
$562,065
8%
2024
$10,056
31%
$518,354
15%
2023
$7,651
243%
$449,147
196%
2021
$2,229
-66%
$151,593
-53%
2022
$6,546
258%
$320,484
151%
2020
$1,828
7%
$127,804
4%
2018
$1,711
3%
$122,602
2%
2017
$1,668
2%
$120,081
2%
2016
$1,641
-2%
$117,612
1%
2015
$1,667
-7%
$116,795
-7%
2019
$1,795
8%
$124,931
8%
2014
$1,657
6%
$115,869
1%
2013
$1,568
—
$114,157
—
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 507 Phyllis Cir
507 Phyllis Circle, Eustis, FL 32726 (MLS# O6439349) is a Single Family property with 4 bedrooms, 3 full bathrooms and 1 partial bathroom. 507 Phyllis Circle is currently listed for $500,000 and was received on September 04, 2026. Want to learn more about 507 Phyllis Circle? 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.

