Lake County Homes under $500,000

Lake County Homes under $500,000

Welcome to Lake County, Florida, a hidden gem nestled in the heart of the Sunshine State! Known for its stunning natural beauty, Lake County boasts a vibrant community with a rich tapestry of outdoor activities, charming small towns, and a welcoming atmosphere. With its picturesque lakes, lush landscapes, and year-round sunshine, it’s no wonder that so many are drawn here to call it home.

For those seeking affordable living without sacrificing quality, Lake County offers a fantastic selection of homes under $500,000. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, you’ll find an array of options that cater to your needs. From cozy single-family homes in family-friendly neighborhoods to charming townhouses with modern amenities, there’s something for everyone.

Imagine waking up to serene lake views or enjoying a weekend filled with outdoor adventures, from boating and fishing to hiking and biking along scenic trails. Lake County is not just about beautiful homes; it’s about a lifestyle that embraces nature and community. With excellent schools, local parks, and a variety of shops and restaurants, you’ll find everything you need right at your fingertips.

Explore the diverse real estate market in Lake County today and discover how you can make this idyllic area your new home. With homes under $500,000, you can enjoy the perfect blend of affordability and quality living in one of Florida's most enchanting counties. Embrace the charm of Lake County and start your journey towards homeownership today!

Newest Lake County Homes under $500,000

4258 James River Circle, Leesburg
$462,900
4 Beds ⋅ 3 Baths ⋅ Arlington Ridge SubDv. ⋅ 34748 Zip Code
Welcome to easy Florida living in Arlington Ridge! Built in 2019, this spacious OLEANDER model offers an impressive 2,524 sq. ft. of living space with 4 BEDROOMS, 3 FULL BATHS, a dedicated OFFICE/DEN, and a 2-CAR GARAGE PLUS GOLF CART GARAGE. A screened front entry welcomes you inside to a bright, open layout designed for both everyday living and entertaining. The heart of the home is the spacious kitchen featuring QUARTZ COUNTERTOPS, shaker-style cabinetry with pull-outs, stainless steel appliances, walk-in pantry, recessed and pendant lighting, and an oversized 9.5-foot center island with plenty of room for seating. The kitchen flows naturally into the breakfast area, dining space and generous living room. The private primary suite features a large WALK-IN CLOSET and an en-suite bath with dual quartz-topped vanities, walk-in tiled Roman shower with bench, linen storage and private water closet. Three additional bedrooms and two full guest baths provide plenty of flexibility for visiting family and friends. Step outside to the large L-SHAPED SCREENED LANAI overlooking upgraded landscaping and a rear privacy landscape bed—an inviting spot for morning coffee or relaxing at the end of the day. Additional features include an inside laundry room with utility sink, Samsung washer and gas dryer, tinted rear windows, 5.5-inch baseboards, arched entries, pull-down attic access, irrigation system and painted garage floor. Arlington Ridge is a gated 55+ community offering resort-style amenities including heated pools, fitness center, movie theater, tennis, pickleball, billiards, an on-site restaurant and an 18-hole championship golf course. The HOA also includes lawn mowing, edging and blowing, high-speed internet and cable. With generous living space, a versatile floor plan and room for the golf cart, this home is ready for its next chapter in one of Leesburg's most popular active-adult communities! Check out the attached video!!! Virtually Staged.

4258 James River Circle, Leesburg
428 Washington Avenue, Eustis
$275,000
4 Beds ⋅ 2 Baths ⋅ Eustis Mayers Sub SubDv. ⋅ 32726 Zip Code
Welcome to a true piece of Eustis history. This 1910 craftsman offers the kind of character that can’t be built today, all within walking distance of downtown Eustis. Just a few feet away is South Center Street, which was historically known as "Millionaire's Row" due to the grand, character-rich historic and legacy homes built during and after Florida's citrus boom. Inside, 2,236 square feet of living space includes four bedrooms and 1.5 baths. The original wood flooring is still in place, and the home’s original architectural concepts remain standing, giving you authentic craftsman charm to build around. The home requires major renovation throughout, making it a rare opportunity for an investor, builder, or homeowner with vision. Restore it to its original glory, modernize it, or do a little of both. The layout and the bones are here. The generous lot offers space for outdoor living, entertaining, or future expansion, and the pool is ready for your plans, whether you refresh it or reimagine the entire backyard. CASH PURCHASE ONLY.

428 Washington Avenue, Eustis
1469 Osprey Ridge Drive, Eustis
$450,000
5 Beds ⋅ 4 Baths ⋅ Eustis Spring Ridge Estates SubDv. ⋅ 32736 Zip Code
This gorgeous home on a ½ acre lot is located in Spring Ridge Estates in a quiet gated community This freshly painted home has welcoming curb appeal with its paver driveway and mature landscaping. Upon entering the home you'll find yourself in the foyer looking over the open floor plan with a large living room, formal dining room, office space, and French doors that lead out to the beautiful and tranquil back yard! The kitchen includes breakfast bar, granite counter tops, 42" maple cabinets, stainless steel appliances with gas range and roomy breakfast nook looking over the beautiful yard and pergola. There is a spacious office and also a bedroom with full bath downstairs as well. Upstairs, the master bedroom boasts a spacious main room and a reading corner, bathroom has two vanities, corner jetted tub and separate walk-in shower along with a spacious walk-in closet! The remaining 3 bedrooms are joined by a single bathroom and also a Jack-and-Jill style bath perfect for guests or large family! This home has energy efficient features too including insulated double pane & tinted windows and radiant shield in the attic. PLEASE NOTE: New exterior paint, kitchen appliances, A/C systems and ROOF all completed in 2023-2025!

1469 Osprey Ridge Drive, Eustis
32118 Harris Rd, Tavares
$315,000
4 Beds ⋅ 2 Baths ⋅ Orange Blossom Estates SubDv. ⋅ 32778 Zip Code
Virtually Staged. Full of character and room to spread out! With over 2,100 square feet of living space, this unique 4-bedroom, 2-bath home offers charming details you won’t find in a cookie-cutter house. The welcoming front porch opens into a spacious living room featuring a wood-burning fireplace, leaded stained-glass windows on either side, and built-in bookshelves. The kitchen offers granite countertops and stainless steel appliances, while a beautiful built-in hutch adds character and storage to the dining area. Set on a large, tree-shaded lot, this home feels tucked away while keeping you close to the lake, shopping, and everyday conveniences. A separate two-room building in the backyard is currently used as an office, offering extra space for work, hobbies, or creative projects. There’s plenty of storage, too, with a carport under the main roof, an additional storage area off the carport, and a backyard garden shed. Extensive remodeling in 2021 included a new roof, central air conditioning, and water heater. If you’ve been looking for space, charm, and something a little different, this is the HOME for YOU!

32118 Harris Rd, Tavares
3798 Arlington Ridge Boulevard, Leesburg
$299,000
2 Beds ⋅ 2 Baths ⋅ Arlington Rdg Ph 3a SubDv. ⋅ 34748 Zip Code
Welcome to this inviting home located in Arlington Ridge, a gated golf community in Leesburg, Florida. A widened entry walkway leads to a welcoming covered front entrance, setting the tone for the comfortable living spaces inside. The spacious living area features high ceilings, neutral finishes, tile flooring, and sliding glass doors that open to a screened lanai, creating a seamless connection between indoor and outdoor living. The kitchen offers granite countertops, wood cabinetry, stainless steel appliances, and ample storage space. Plantation shutters add a timeless touch throughout the home, while the bedrooms provide comfortable spaces with ceiling fans and natural light. Step outside to the covered and screened lanai, an ideal spot to enjoy your morning coffee, relax, or unwind while overlooking the beautifully maintained green space. Additional highlights include a two car garage, a widened driveway, and a power generator for added convenience and peace of mind. Arlington Ridge offers a variety of community amenities, including golf, a clubhouse, swimming pools, fitness facilities, and recreational activities. Conveniently located near shopping, dining, medical facilities, and major roadways, this home offers an opportunity to enjoy the Central Florida lifestyle in an established community. Schedule your private showing today!

3798 Arlington Ridge Boulevard, Leesburg
38213 Oriole Way, Leesburg
$72,500
1 Beds ⋅ 1 Baths ⋅ Palm Shores Rv Resort SubDv. ⋅ 34788 Zip Code
Palm Shores RV, located on Lake Yale, 1997 Skyline Park Model, 1 bedroom 1 bath, you own the ground, 2 lots at 140 mo. HOA, EMENITIES INCLUDE pool, clubhouse, water, sewage, trash, fishing dock, boat dock slip, central air and heat 2 yrs old, furnished, easy entry shower remodeled, Leesburg Fla. Has a metal roof, carport, Lanai, laminate flooring.

38213 Oriole Way, Leesburg
5808 Sanders Grove Circle, Okahumpka
$265,000
2 Beds ⋅ 2 Baths ⋅ Cottages/Sanders Grove SubDv. ⋅ 34762 Zip Code
Virtually Staged. Welcome to this rare and charming 2-bedroom/2-bathroom fully furnished single family home in the desirable Cottages at Sanders Grove. This home built in 2008, offers an inviting opportunity to enjoy the convenience of Central Florida living in the growing Lake County area. The location provides convenient access to US Highway 27, Florida's Turnpike, and State Road 48, connecting you to nearby shopping centers, grocery stores, restaurants, medical facilities, and everyday conveniences. Enjoy the nearby shopping, dining, entertainment, and recreational options throughout Leesburg, including outdoor activities, parks, golf courses, and the waterfront attractions of Lake Harris. The Villages and its extensive selection of shopping, restaurants, entertainment, and community activities are also within reach. Whether commuting, running errands, or enjoying a day out, this location offers convenient connections to the surrounding communities and Central Florida destinations.

5808 Sanders Grove Circle, Okahumpka
13416 Biscayne, Grand Island
$315,000
3 Beds ⋅ 2 Baths ⋅ Biscayne Heights SubDv. ⋅ 32735 Zip Code
*GREAT HOUSE*GREAT NEIGHBORHOOD*GREAT LOCATION* Come and see this nice home on over 1/3 acre, fenced lot. Step inside and see the open floor plan, with a nice sized living room/dining room and kitchen in the heart of the home. Off to the left of the foyer is a wonderful flex room, with a nice big window, that can be used as a den, office or whatever you need. The kitchen features lots of cabinets, beautiful quartz counter tops, gas stove, pantry, eat-in area and bar top for stools. Off of the kitchen, you'll find the laundry room, on the way to the 2 car attached garage. This floor plan offers split bedrooms. Off to the right from the living/dining room, is the good-sized primary bedroom that can easily handle a king-size bed. There is a walk-in closet and an ensuite bath. The bath contains a linen closet, tall commode, dual vanity with integrated sinks and an updated, easy-to-clean shower enclosure. On the other side of the home there are 2 good-sized bedrooms with ample closet space and a hall bath, convenient to both bedrooms. The bath features a linen closet and beautiful , updated, custom shower. From the living/dining room, sliders open to the HUGE 10x36 lanai and the peaceful, fenced back yard with a storage building already there for you. Big ticket items have been taken care of. Roof replaced November 2017. Septic system replaced recently, 2.5 ton gas HVAC system installed 2026. This community is a hidden jewel. HOA is $200 a year. Unincorporated for lower taxes. Boats, RVs etc. can be stored on your property behind approved fencing. Near Eustis, Mount Dora, Tavares and Leesburg. Come and see this home today!!!

13416 Biscayne, Grand Island
33916 S Sabal Way, Leesburg
$349,900
3 Beds ⋅ 2 Baths ⋅ Silver Ridge SubDv. ⋅ 34788 Zip Code
PRICED TO SELL! BEAUTIFULLY UPDATED 3-BEDROOM, 2-BATH POOL HOME WITH A 2025 ROOF! Enjoy the benefit of two years of thoughtful renovations in this inviting Leesburg home, where extensive improvements and a private heated pool create an exceptional opportunity to enjoy the Florida lifestyle. Major updates include a new roof in 2025, attic insulation in 2024, bedroom flooring in 2024, and a new pool heater in 2025. Fresh landscaping around the pool and Zoysia sod, both added in 2025, enhance the outdoor setting and curb appeal. Split floor plan, new tile flooring in front of entryway laundry room, Beautifull walk in tile main bathroom. Key West themed outdoor oasis awaits you. Fresh exterior stucco and a wood burning fireplace. Enough space for 2 boats or recreational vehicle with fenced perimeter of your home. New high efficiency water heater in 2025 and a new cooling system. These highlights are just the beginning—request the complete improvement list to appreciate everything the owners have accomplished. Inside, three bedrooms and two full bathrooms provide comfortable space for everyday living and visiting guests. Outside, your private pool offers the perfect setting for a refreshing swim, weekend entertaining, or a relaxing evening at home. The new pool heater extends your swimming season and adds another reason to love your backyard retreat. Conveniently located near shopping, restaurants, the mall, and everyday essentials, this home puts Leesburg’s conveniences within easy reach, with The Villages to the north. An unexpected change in family circumstances means the owners must relocate, giving the next buyer the opportunity to enjoy the improvements they have worked so hard to complete. Schedule your private showing and discover the details that make this pool home stand out!

33916 S Sabal Way, Leesburg
623 Lake Dora Drive, Tavares
$250,000
3 Beds ⋅ 3 Baths ⋅ Tavares Bayview Rep SubDv. ⋅ 32778 Zip Code
Triplex with PRIME LOCATION, RENTAL UPSIDE & REDEVELOPMENT POTENTIAL! Across the street from Lake Dora and close to downtown Tavares, this triplex offers an opportunity to renovate for rental income or explore a new vision for approximately 0.69 acre near waterfront dining, shopping, Wooton Park, and the Tavares Seaplane Base & Marina. The Mixed Use future land use designation provides a potential maximum residential density of 25 units per acre, with potential for boutique hotel development under Mixed Use zoning. All proposed uses, allowable density, and development feasibility must be verified with City of Tavares Planning and Zoning and are subject to site conditions and required approvals. A 2022 environmental exhibit identifies approximately 0.55 acre of uplands and 0.14 acre of wetlands. The existing triplex has one unit currently rented at $950 per month and two vacant units requiring renovation and repairs, including foundation repairs, before leasing. Seller-estimated market rent after repairs is $1,150 per unit, offering potential stabilized gross rental income of $3,450 per month. Public water and sewer, three water meters, and three electric meters add to the property's appeal. Known foundation settlement. Foundation repair proposals and a prior neutral evaluation are available for review. The 2014 evaluation concluded no active sinkhole activity. Buyers should review the complete report and obtain an independent assessment of current conditions and necessary repairs. Bring your contractor, explore the land, and experience the location in person. Request the available reports and repair proposals, schedule your tour, and bring your offer!

623 Lake Dora Drive, Tavares
27321 African Fish Court, Howey In The Hills
$314,990
4 Beds ⋅ 3 Baths ⋅ Eagletail Landing - Ph 1 SubDv. ⋅ 34737 Zip Code
Under Construction. Find room to gather, unwind, and make yourself at home in the Marina at Eagletail Landings. This thoughtfully designed two-story home offers 1,968 square feet, four bedrooms, 2.5 bathrooms, and a two-car garage. The open-concept first floor connects the family room, dining area, and kitchen, creating an inviting setting for everything from quiet mornings to weekend get-togethers. Quartz countertops and a convenient pantry bring style and function to the kitchen, while tile flooring throughout the main living areas makes everyday upkeep simple. A private first-floor flex space provides the perfect spot for a study, den, or cozy reading retreat. Upstairs, all four bedrooms are together, including a spacious primary suite with a generous walk-in closet. A conveniently located upstairs laundry room keeps daily routines within easy reach, and quartz countertops in the bathrooms add a cohesive finishing touch. Set in a natural gas community with home designs that make maintenance easier, this home pairs everyday comfort with plenty to enjoy beyond your front door. Spend sunny afternoons at the resort-style zero-entry pool with cabanas or enjoy time at the shaded playground. Located just south of Lake Harris, Eagletail Landings puts Lake County’s scenic chain of lakes, trails, and outdoor recreation close to home, with two nearby championship golf courses, downtown Leesburg, and The Villages offering even more ways to fill your days. *Exterior image is an artist’s rendering for illustrative purposes. Landscaping is included with the home; however, actual plant colors, sizes, varieties, and placement may vary slightly from those depicted.

27321 African Fish Court, Howey In The Hills
24549 Hodges Reserve Avenue, Howey In The Hills
$374,990
4 Beds ⋅ 3 Baths ⋅ Hodges Reserve Ph 1 SubDv. ⋅ 34737 Zip Code
Discover room to relax, gather, and feel at home in the Luna, a thoughtfully designed single-story home offering 2,105 square feet and four bedrooms on a spacious, north-facing corner homesite in Hodges Reserve. An inviting open-concept layout connects the chef-inspired kitchen to the dining area and expansive great room, creating a comfortable setting for everything from quiet mornings to lively gatherings. Granite countertops in the kitchen and bathrooms add timeless style, while tile flooring throughout the main living areas makes everyday upkeep easy. Retreat to the spacious primary suite, featuring dual sinks and a generous walk-in closet, while three secondary bedrooms provide flexibility for guests, a home office, or hobbies. Step outside to the built-in covered rear lanai to enjoy morning coffee or unwind after a busy day. Within the community, an existing playground offers a place to enjoy the outdoors, with future amenities planned to include a sparkling pool, cabana, scenic dock, and winding walking trails. Explore nearby recreation along the Leesburg Chain of Lakes or spend an afternoon at Venetian Gardens Park, featuring walking trails, picnic areas, and peaceful lake views from the viewing dock. Two nearby championship golf courses and a short drive to downtown Leesburg offer even more ways to spend your weekends, while convenient access to US-27 and Florida’s Turnpike keeps you connected to destinations throughout Central Florida.

24549 Hodges Reserve Avenue, Howey In The Hills
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