1039 LAKE GRACIE DRIVE, EUSTIS, FL, 32726
Active124 days on marketListed Mar 23, 2026MLS #G5109854
About this home
1039 LAKE GRACIE DRIVE
Set along the peaceful shoreline of Lake Gracie, this 4-bedroom retreat offers a quiet kind of living that feels worlds away, yet right at home. With 84 feet of waterfront and a spacious half-acre setting, the days here naturally slow down, filled with morning paddles, calm water views, and evenings that reflect softly across the lake. Inside, warmth and character shine through. Wood beam ceilings and a gas fireplace create a cozy, grounded living space, while the layout offers room to live, work, and create. The converted basement adds flexible space for an office or craft room and includes a convenient half bathroom, offering even more functionality beyond the listed square footage. Upstairs, a full-length balcony stretches across the home, accessible from both the primary bedroom and one of the guest bedrooms, creating the perfect place to take in the lake views, sip your morning coffee, or unwind at sunset. The primary bathroom is thoughtfully updated with timeless Carrara marble finishes, adding a touch of everyday luxury. Located just minutes from downtown Eustis and Ferran Park, you are close to local shopping, dining, waterfront events, and year-round festivals while still enjoying the peace and privacy of lakefront living. To top it off, this home features brand new carpet (2026) and a BRAND NEW ROOF INSTALLED BEFORE CLOSING, giving you added peace of mind. This is the kind of home where life feels a little softer, a little slower, and a lot more connected to nature.
Facts & features
The home at a glance
4
Bedrooms
2.5
Bathrooms
2,847
Sqft
0.51 ac
Lot size
2
Garage
1970
Year built
Multi/Split
Levels
$181
Per sqft
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.
$3,755 /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
$3,755/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.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−24.7%
$/sqft vs Eustis actives
$181 vs $208
Days on market
124 vs 36 typical
Where $181/sqft sits among the 200 Eustis actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Eustis
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
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)
100 of 200
Eustis actives have cut their price
Median sold price, Eustis, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 75% above the EUSTIS 32726 median. See the full Eustis market guide →
Paper trail
This home's history
Reality check
What actually sold near 1039 LAKE GRACIE DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$330,000
922 WASHINGTON AVENUE · same community
5 bd · 2.5 ba · 2,677 sqft · $123/sqft · 2 DOM
Sold · May ’26$740,000
221 TWO LAKES LANE
4 bd · 3 ba · 2,862 sqft · $259/sqft · 3 DOM
Sold · Sep ’25$855,000
534 TWO LAKES LANE
3 bd · 2.5 ba · 2,829 sqft · $302/sqft · 91 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
Eric Chery
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 1039 LAKE GRACIE DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1039 LAKE GRACIE DRIVE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Eric's phone and CRM.
Straight answers
1039 LAKE GRACIE DRIVE FAQs
What would the monthly payment be for 1039 LAKE GRACIE DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,755/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 1039 LAKE GRACIE DRIVE?+
The most recent tax bill on record (2025) was $4,022. 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 $515,000, this home is listed about 35% above the Eustis median of $382,500. The market section on this page shows how the area is trending.
Which schools are assigned to 1039 LAKE GRACIE DRIVE?+
Eustis Middle School (middle), Eustis High School (high), Eustis Heights Elementary School (elementary) — Lake County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$515,000 runs 75% above the EUSTIS 32726 median — but at 2,847 sqft it's also 49% larger than the typical Eustis listing.
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
124 days on market against a Eustis median of 36 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $545,000, now $515,000 — a $30K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of BHHS FLORIDA REALTY · Kristie Baumgartner. MLS #G5109854.
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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