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Property
Beds
8
Full Baths
5
1/2 Baths
1
Year Built
1926
Sq.Footage
3,970
Welcome to 2577 Lake Lillian Dr - A truly unique and remarkable real estate opportunity! Nestled across the street from the picturesque Lake Lillian, this property boasts not one, but three distinct homes!, offering a myriad of possibilities for a savvy investor or a homeowner looking for additional rental income. With a little TLC, this historic gem has the potential to shine like a diamond in the rough. MAIN HOME: The centerpiece of this property is a charming two-story, 3-bedroom, 2-bathroom home built in 1926. Spanning 1,500 square feet, it features a spacious living room, a formal dining room, and a well-appointed kitchen. The large screened-in back patio provides a perfect spot for enjoying the serene outdoors. Additional convenience is provided by the covered carport, ensuring protection for your vehicles. SECOND HOME: Adjacent to the main house, there is another two-story dwelling, also constructed in 1926. This secondary home offers 2 bedrooms, 1.5 bathrooms, and a versatile bonus room, providing over 1,000 square feet of living space. What makes this home particularly unique is the garage, thoughtfully converted into a 400-square-foot studio apartment. With its own private entrance, bathroom, and living space, it presents a fantastic opportunity for rental income or accommodating extended family. THIRD HOME: The newest addition to this property is a single-story home built in 1950. This 2-bedroom, 1-bathroom residence offers 952 square feet of living space. The living room of this home affords breathtaking views of Lake Lillian, providing a soothing and tranquil atmosphere. Additionally, the spacious backyard offers endless potential, and two more carports further add to the utility of the property. Investment Opportunity: Priced at only $86,000 for each home, this property presents a compelling investment and rental opportunity. Whether you're considering long-term rentals, vacation rentals, or even a multi-generational living arrangement, this property offers the versatility to cater to various needs.
Features & Amenities
Interior
-
Other Interior Features
In-Law Floorplan
-
Total Bedrooms
8
-
Bathrooms
5
-
1/2 Bathrooms
1
-
Cooling YN
YES
-
Cooling
Central Air, Wall/Window Unit(s)
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Stucco
-
Other Exterior Features
Storage
-
Pool
No
-
Waterfront YN
NO
-
View
Lake, Water
Area & Lot
-
Lot Size(acres)
0.43
-
Lot Size(square feet)
18,762
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
Price
-
Sales Price
$265,000
-
Tax Amount
$2,016
-
Sq. Footage
3,970
-
Price/SqFt
$66
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Slab
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Septic Tank
-
Tax Lot
12
-
Water Source
Public
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Location
County
Highlands
Elementary School
Middle School
High School
Listing Courtesy of Andrew Bishop , KW FLORIDA LIVING
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Emil Garinga
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