Active

$494,000

Features:
  • 4 Bedrooms
  • 4 Bathrooms
  • 2655 sq ft
Overview
  • ID: MFRS5148538
  • Bedrooms: 4
  • Bathrooms: 4
  • Size: 2655 sq ft
Property Details
Remarks
LAKEFRONT LIVING + INCOME-PRODUCING SECOND RESIDENCE ON NEARLY 2 ACRES! This unique DeLand property offers a rare combination of waterfront living, privacy, flexibility and existing rental income — all with NO HOA. The property features two separate living spaces, creating an ideal opportunity for multigenerational living, extended family, guests, or rental income to help offset the cost of ownership. The renovated secondary residence has solid rental history and is currently rented for $1,200 monthly, providing $14,400 in annual gross rental income. The main residence offers 3 bedrooms, spacious living areas, a wood-burning fireplace, granite kitchen countertops and French doors leading to an enclosed Florida room overlooking spring-fed Lake Louise. Enjoy morning coffee by the water, fishing, abundant wildlife and nearly two acres of room to breathe — while remaining conveniently located near Downtown DeLand, Stetson University, shopping and dining. The separate secondary residence provides its own kitchen, full bathroom and living space, a single bedroom, and offers genuine privacy and independence for extended family, guests or a tenant and incredible views from inside and out on the porch. UPDATES & MAJOR SYSTEMS: New flooring, new septic pump, new well pump and filtration system, 2019 HVAC and 2017 roof. The secondary residence has undergone extensive improvements including new aluminum siding, structural support improvements, new exterior paint, waterproof foam insulation and a new water heater. Important advantage for waterfront living flood insurance was not required by the current owner's lender when the property was purchased. Buyers should independently verify current flood-zone and insurance requirements. Wilmhurst Road is an unpaved county-maintained road serviced twice weekly, providing access to this tucked-away lakefront setting without private road maintenance. Whether you're searching for a private lakefront retreat, room for multiple generations, or a home with existing income to help offset the cost of ownership, 2285 Wilmhurst Road offers a combination that's increasingly difficult to find. NEARLY 2 ACRES. LAKEFRONT. TWO SEPARATE LIVING SPACES. EXISTING RENTAL INCOME. NO HOA. Schedule your private showing and discover the possibilities.
Financial Considerations
Price:
$494,000
HOA Fee:
N/A
Tax Amount:
$5125.84
Price per SqFt:
$186.06
Tax Legal Description:
32-16-30 E 1/2 OF SW 1/4 OF SE 1/4 OF NW 1/4 EXC S 400 FT & E 1/2 OF NW 1/4 OF SE 1/4 OF NW 1/4 E OF RD EXC S 1111.4 FT PER OR 2976 PG 0932 PER OR 7325 PG 3642 PER OR 8252 PG 2506
Exterior Features
Lot Size:
85813
Lot Features:
Oversized Lot, Private, Unpaved, Unincorporated
Waterfront:
No
Parking Spaces:
N/A
Parking:
Driveway
Roof:
Metal, Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
4
Heating:
Central, Electric, Heat Pump
Cooling:
Central Air
Appliances:
Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator
Furnished:
Yes
Floor:
Carpet, Ceramic Tile, Laminate, Tile
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1987
Construction Type:
Brick
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony, Private Mailbox, Rain Gutters
Additional Features 2:
N/A
Map
  • Address
    2285 WILMHURST RD
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