2285 Wilmhurst RoadDeland, FL 32720Price: $484,000

LAKEFRONT HOME + PRIVATE SECOND RESIDENCE WITH MONTH RENTAL POTENTIAL OR PERFECT FOR MULTIGENERATIONAL LIVING! This unique DeLand property offers a rare combination of waterfront living, privacy, flexibility and existing rental income - all with NO HOA on 2 acres of land. 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 had solid rental history over the past three years bringing in at least $1250 monthly when occupied. 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.