708 East Lemon is a historic Eustis treasure that has stood here proudly since 1925. Situated directly across from Eustis Elementary School on nearly half an acre, the huge yard has an in-ground pool, room to enjoy, and several fruit trees. This home has character in every detail. An incredible Speakeasy is cleverly hidden behind a secret bookshelf door in the dining room pantry! Access to foyer also, but the pantry entry is cooler! Just down the street is Lake Gracie, frequented by walkers for the serene views. Downtown Eustis dining & outdoor events like the monthly 'First Friday' are a 12 minute walk away, worth it to skip the parking! Ferran Park on Lake Eustis is a 15 Minute walk away. Downtown Mount Dora is only a 12 minute drive. For those trips that are further than a stroll or short drive away, the Wekiva Parkway/ SR453 is less than 15 minutes away for easy access to Maitland, Orlando, and Lake Mary! This property is about 75% through with a total renovation, but it is not complete. Due to the incomplete status of this property, this must be a cash sale or possibly a well-qualified buyer with a renovation loan. It is not traditionally financeable in its current state other than possibly with a renovation loan. Sellers have chosen to pursue other endeavors, hoping to find a vintage home lover to complete this home to their tastes. About 2/3 of the windows have been replaced, other original windows are left in place for restoration or replacement at buyer's discretion. Granite countertops and brand new appliances in the kitchen. Clawfoot tub in the downstairs bathroom, upstairs bathroom has a new vanity and sinks with a shower room ready for finishing out. The detached garage has had some repairs to include a new garage door, but more work is needed to finish it. The home's electrical has been fully updated and the electrical final passed. The plumbing rough in inspection passed, but fixtures have yet to be installed or finished for the plumbing final inspection. The main job permit was voided but the electrical final and plumbing rough in show passed/closed. To the best of our knowledge, none of the work that has been done needs to be re-done, but there is still more work to go in order to bring this home to it's full potential. Listing square footage of 2292 is based on contractor drawings to include the previously enclosed porches as official living space. To get this space recorded, a new contractor would need to pull the job permit with drawings based on the total footprint being conditioned, which it is physically. There is evidence of drywood termite activity. Any damage found during renovations has been repaired. Sellers have a fumigation tentatively scheduled for 6 weeks out, waiting on bid and finalizing schedule. If sold before fumigation, credit for fumigation at closing will be given unless negotiated otherwise. Previous WDO report is available showing evidence and minor damage, nothing major found at the time aside from the activity. Fumigation guarantees no live termites for 1yr, and a treatment bond can be renewed each year for a very affordable rate to reinspect annually and re-fumigate if activity is ever found again. This home is not perfect, it has its flaws. Many of them have been fixed, some of them remain to be fixed, and others still are to be embraced as part of owning a nearly 100 year old home. Estimated cost to complete the home is between $25k-$40k depending on finishes.

Listing courtesy of STELLAR_MLS / EXP REALTY LLC

Last checked: Checking… • Last updated Sep 13, 2024 • Source: STELLAR_MLS

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