Property Description

Income-Producing Lakeview Estate with Fully Independent ADU - Proven Rental PotentialAcross from East Crooked LakePerched on an elevated ridge directly across from spring-fed East Crooked Lake, thisbeautifully remodeled mid-century property is more than a home - it's a strategic investmentopportunity with built-in income potential. With a fully independent 720 sq ft apartment overthe garage, this property offers flexibility for multigenerational living, long-term rental income,or short-term rental strategy.The separate ADU is a true residence featuring its own entrance, full kitchen, living room,bedroom, full bath, laundry, office nook, and private yard space. This is not just a bonus room- it functions as a complete second home. For investors, this creates dual-income capability.For owner-occupants, it offers offset mortgage potential while building equity. A separateturnkey furnishing package is available, making this unit move-in or rental-ready immediately.The main residence delivers 3 bedrooms and 2 baths with a fresh, modern interior filled withnatural light. Engineered wood floors, granite countertops throughout, and French doors opento a private fenced courtyard ideal for outdoor dining and entertaining. From the expansivebalcony deck, enjoy stunning sunset views over the lake - a feature that enhances bothlifestyle appeal and rental desirability.Recent capital improvements include a new roof (2020) and HVAC (2023), providing peace ofmind for homeowners and investors alike. The oversized garage with storage plus dualdriveways offers abundant parking - ideal for tenants, guests, boats, or recreational vehicles.The corner lot design ensures low maintenance with maximum usability.Located in Unincorporated Lake County just minutes from the US-441 Mt. Dora/Eustis corridor,this property combines lake-view ambiance with convenient access to shopping, dining, andeveryday services - a key factor for strong rental performance and long-term value retention.Whether you're seeking multigenerational flexibility, supplemental income, or a portfoliobuildingasset, this property delivers multiple exit strategies in one unique package. Live in one,rent the other - or maximize both.A rare opportunity to secure a lakeview property that works as hard as you do.