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$485,000 -$15,000 (-3%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 3,152 Sq. Ft.
  • Updated 6 days ago
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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 for 507 Phyllis Cir

General

  • Price: $485,000
  • Taxes: $10,312 (2025)
  • Status: Active
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: O6439349
  • Updated: 10/16/2026
  • Added to Site: 48 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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Listing agent

— 507 Phyllis Cir —

  • Hopkey Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 507 Phyllis Cir

School District:Lake County School District
NameGradesDistance
Eustis Heights Elementary School
310 West Taylor Avenue, Eustis, FL 32726
PK-51.7 mi
Eustis Middle School
18725 Bates Avenue, Eustis, FL 32736
6-82.1 mi
Eustis High School
1300 East Washington Avenue, Eustis, FL 32726
9-121.1 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/16/2026
Price Reduced
$485,000
-3%
MLS
9/04/2026
Listed
$500,000
60.57%
MLS
1/07/2021
Sold
$311,400
—
Public Record
Get Price Alerts and Save Property
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 for 507 Phyllis Cir

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,313
3%
$561,571
—
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
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Hopkey Realty

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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 $485,000 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.

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