#8 MITCHEL WAY, EUSTIS, FL, 32726
Active121 days on marketListed Mar 21, 2026MLS #S5146204
About this home
#8 MITCHEL WAY
Prime 1.75-Acre Lakefront Lot on Serene, Spring-Fed Bay Lake – Lot 8, Mitchel Way, Eustis, FL *** Please note we have verified with the County that there are no known barriers to building on this lot, but buyers are advised to complete their own due diligence ***. Escape to your own slice of peaceful Florida paradise on this beautifully wooded, 1.75-acre vacant lot directly fronting the crystal-clear, spring-fed waters of Bay Lake in unincorporated Lake County. Nestled in a quiet, natural setting just outside Eustis, this rare opportunity offers direct lake access with the freedom to build your dream home and install a private dock, perfect for creating lasting memories on the water. Imagine waking up to the gentle sounds of nature, stepping onto your backyard dock, and enjoying a morning paddle, kayak, or fishing session right from your property. Bay Lake welcomes fishing, providing excellent opportunities for boating, swimming, and reeling in bass from the spring-fed depths. The lot's wooded landscape offers privacy and abundant shade from mature trees. At the same time, the buildable terrain (septic and well required) gives you flexibility to design a custom retreat, whether a cozy cabin or modern lake home. This exceptional location puts you in the heart of Lake County's vibrant lifestyle. You're just minutes from charming Eustis, with its scenic Ferran Park lakefront, historic downtown, festivals, and community events. Head slightly south to iconic Mount Dora (only about 10-15 minutes away), famous for its antique shops, art galleries, craft fairs, waterfront dining, and picturesque streets that feel like stepping into a storybook. Lake County offers endless outdoor adventures: explore nearby nature preserves like Hidden Waters or Trout Lake Nature Center, boat the renowned Harris Chain of Lakes, or enjoy hiking, birdwatching, and more. Whether you're seeking a tranquil escape from the everyday, a weekend getaway spot, or the canvas for your forever home, this lakefront gem delivers the ultimate Central Florida lifestyle, privacy, recreation, and convenience all in one. Don't miss your chance to own waterfront in one of Lake County's most desirable areas! Ready to build your legacy on Bay Lake? Contact us today for more details or to schedule a private viewing.
Facts & features
The home at a glance
1.75 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$1,303 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$1,303/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Eustis
Get to know Eustis. See the full Eustis guide →
EUSTIS 32726 — neighborhood snapshot
Population
23,885
Median age
40.6
Median income
$60,750
Median home value
$230,400
Avg household
2.38
Households w/ children
2,736
For the school run
Lake County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Eustis market
$336K → $355K
Eustis median sold, yr/yr
97.1%
Sale-to-list ratio (12 mo)
Median sold price, Eustis, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 43% below the EUSTIS 32726 median. See the full Eustis market guide →
Paper trail
This home's history
Reality check
What actually sold near #8 MITCHEL WAY
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Sep ’25$410,000
321 SORRENTO DRIVE · same community
3 bd · 2 ba · 1,541 sqft · $266/sqft · 83 DOM
Sold · May ’26$492,500
437 S SHORE DRIVE · same community
3 bd · 2 ba · 1,947 sqft · $253/sqft · 15 DOM
Sold · May ’26$635,000
120 CANDYCE DRIVE · same community
3 bd · 2 ba · 2,103 sqft · $302/sqft · 112 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Jessica Torres
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about #8 MITCHEL WAY — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for #8 MITCHEL WAY — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Jessica's phone and CRM.
Straight answers
#8 MITCHEL WAY FAQs
What would the monthly payment be for #8 MITCHEL WAY?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,303/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on #8 MITCHEL WAY?+
The most recent tax bill on record (2025) was $880. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Eustis?+
At $169,000, this home is listed about 56% below the Eustis median of $382,500. The market section on this page shows how the area is trending.
Which schools are assigned to #8 MITCHEL WAY?+
Eustis High School (high), Eustis Middle School (middle), Triangle Elementary School (elementary) — Lake County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the EUSTIS 32726 market on paper
$169,000 is 43% below the EUSTIS 32726 median of $297,250.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
121 days on market against a Eustis median of 36 — sellers in this position are usually ready to negotiate.
Keep looking
Similar homes nearby
Listing courtesy of OLYMPUS EXECUTIVE REALTY INC · Tanya Pannett. MLS #S5146204.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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