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Listed by Brad Merrell · Courtesy of COLDWELL BANKER REALTY · Agent MLS ID# MFR261072051 · Deemed reliable but not guaranteed. · Listing updated: Jun 2, 2026 · 7:19 PM

242 BLUE WATER ST

242 BLUE WATER ST

Eustis, Lake, FL, 32736

$435,000

$208/sqft

For Sale

3Beds2Baths2,096Sq Ft2008Built2Days on Market
About this home

Welcome to this beautifully updated home in the highly desirable gated community of Blue Lake Estates! With approximately $60,000 in improvements completed within the last year, this move-in ready property offers the perfect combination of modern upgrades, flexible living spaces, and exceptional outdoor entertaining. Major updates completed in 2025 include a new roof, new HVAC system with insulation and ductwork, new water heater, fresh interior and exterior paint, new luxury vinyl plank flooring throughout the living areas, and new carpet in all bedrooms. The oversized two-car garage features an insulated garage door, garage door opener, painted floor, and a new mini-split air conditioning system, making it ideal for hobbies, a workshop, home gym, or additional flex space. Inside, you'll find an open and inviting floor plan designed for both everyday living and entertaining. The formal living room has been enhanced with French doors, creating the perfect private office, study, den, or media room. The formal dining room offers incredible flexibility and could easily serve as an additional sitting area while remaining open to the spacious family room. The heart of the home is the well-appointed kitchen featuring granite countertops, 42-inch cabinetry, stainless steel appliances, crown molding, breakfast bar seating, two closet pantries, and a generous casual dining area large enough to accommodate a farmhouse table. The family room showcases crown molding, beautiful new flooring, and a tall sliding glass door that opens to your private backyard retreat. The spacious primary suite offers a vaulted ceiling, private French door access to the patio, room for a sitting area, and two walk-in closets. The luxurious primary bath includes dual vanities, a soaking tub, oversized walk-in shower, private water closet, and linen closet. A split-bedroom floor plan provides privacy for family members and guests. Outdoor living is truly exceptional with a 22' x 13' covered lanai that opens to an additional 28' x 13' screened patio extension completed in 2025. There is a handsome wood bar with a mini refrigerator enhancing your outdoor entertaining area. Beyond the screened enclosure are two additional outdoor deck areas perfect for grilling, entertaining, or relaxing in the Florida sunshine. The fully fenced backyard offers outstanding privacy and plenty of space to enjoy outdoor living year-round. Additional features include an inside laundry room with shelving and the refrigerator, washer, and dryer are included. This exceptional home combines extensive recent updates, versatile living spaces, and an outstanding location within one of Eustis' most sought-after gated communities. Schedule your private showing today!

Facts & Features
MLS ID#
MFRO6410679
Price
$435,000
Status
Active
Bedrooms
3
Bathrooms
2
Full Baths
2
Half Baths
0
Square Footage
2,096 sqft
Acres
0.2300
Year Built
2008
Type
Residential
Subtype
Single Family Residence
Style
Florida
Community Information
Address
242 BLUE WATER ST
Subdivision
Blue Lake Estates
City
Eustis
County
Lake
State
FL
Zip Code
32736
Senior Community
No
Amenities
Amenities
Gated
Parking
N/A
View
No
Waterfront
No
Pool
No
Interior
Interior Features
Ceiling Fans(s), High Ceilings, Open Floorplan, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Crown Molding, Walk-In Closet(s)
Heating
Central
Cooling
Central Air
Flooring
Carpet, Tile, Luxury Vinyl
Fireplace
N/A
Stories
1
Appliances
Dishwasher, Disposal, Microwave, Range, Electric Water Heater, Refrigerator, Dryer, Washer
Exterior
Exterior Features
Sliding Doors, Rain Gutters, Sidewalk, Private Mailbox
Construction
Block, Stucco
Foundation
Slab
Roof
Shingle
Fencing
Wood
Lot Features
City Limits, Sidewalk, Level, Landscaped
School Information
Elementary
Eustis Elem
Middle
Eustis Middle
High
Eustis High School
Additional Information
Date Listed
May 31, 2026
Days on Market
2
Zoning
SR
Direction Faces
East
New Construction
No

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This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. COLDWELL BANKER REALTY is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.

Location

Eustis, Lake, FL, 32736

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