Jonathan Santos
$435,000$449,0004 bd2 ba2,204 sqft$197 /sqft$3,028 /mo all-in ↓

38846 FOREST DRIVE, EUSTIS, FL, 32736

Active16 days on marketListed Jul 3, 2026MLS #V4949385

Priced 6% below the EUSTIS 32736 medianReduced $14KManufactured HomeFOREST LAKES & HILLS SUB

About this home

38846 FOREST DRIVE

Virtually Staged. Spacious Handicap accessible home on 5 secluded acres with many extras. Over 2200 square feet of living space. Features a Huge master bedroom with ensuite bath, walk in closet, and connecting bonus room for tons of extra space and French doors to the living room. Home is a Split plan with 3 more bedrooms and guest bath on the other end. In Front is a 12 x 33-foot screened front porch on a concrete pad with a metal roof. Included is a table with LP stove in the center and 6 stools. 3 steps up to the living and dining room. Spacious kitchen with an island and adjacent family room with wood burning fireplace. ADA doors, hallway and bath. Wheelchair ramp to the rear porch with ADA door to home. All rooms have plenty of closet space, and ceiling fans. Chain link fence area in front yard for little ones and pets. New metal roof in 2023, outside slop sink, metal skirting, storage shed with carport in the back plus 2-car carport in front. Out back Metal shed and storage container plus Bonus 30 x 40-foot concrete slab which is approximately 10" thick, perfect for ADU (Accessory Dwelling Unit) or workshop. Electric is connected. This well-built home will make a great retreat for family fun, pets, horses, RV or any big toys or equipment. Close to the Lower Wekiva State Preserve / Seminole State Forest bosting over 18,000 acres of horseback riding, trails, and hiking. A short distance east to Deland, west to Eustis and Mount Dora. There is no HOA, Many extras here, security cameras, fully fences with Gate and Large indoor laundry. An opportunity to own your own peaceful retreat. Call for appointment.

Facts & features

The home at a glance

4

Bedrooms

2

Bathrooms

2,204

Sqft

5.04 ac

Lot size

2001

Year built

One

Levels

$197

Per sqft

FireplaceTrees/Woods view

Inside

FlooringCarpet · Vinyl
AppliancesElectric Water Heater · Range
InteriorAccessibility Features · Ceiling Fan(s) · Vaulted Ceiling(s) · Walk-In Closet(s)
LaundryLaundry Room
CoolingCentral Air
HeatingCentral

Outside & construction

RoofMetal
ConstructionVinyl Siding
FoundationCrawlspace
ViewTrees/Woods
FacesSouth
ExteriorDog Run · Storage

Community & fees

Taxes (2025)$1,380/yr

Utilities & systems

UtilitiesPublic
WaterWell

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$3,028 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$2,561
FHA mortgage insurance (est.)$192
Property tax — 2025 actual bill$115
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $15,225Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $15,225
Interest rate6.00%
Loan term

Estimated payment

$3,028/mo

Principal & interest$2,561
FHA mortgage insurance (est.)$192
Property taxes (actual bill)$115
Est. insurance$160

Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

List $435K
$247KedgeAI estimate $286,383 · range $258K$333K$452K

vs edgeAI estimate

+51.9%

$/sqft vs Eustis actives

$197 vs $205

Days on market

16 vs 36 typical

Where $197/sqft sits among the 199 Eustis actives

64
70 · this home
31
12
8
14
$121–182$182–242$242–303$303–363$363–423$423+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Forest Lakes And Hills

Map of 38846 FOREST DRIVE inside its neighborhood boundary

Drive times from this address

Downtown Orlando57 min
Universal Orlando60 min
Orlando Int’l Airport (MCO)68 min
Walt Disney World72 min

Get to know Eustis. See the full Eustis guide →

Forest Lakes And Hills — neighborhood snapshot

Population

367

Median age

46

Median income

$51,544

Median home value

$116,200

Avg household

2

Households w/ children

29%

For the school run

Lake County School District

ElementarySeminole Springs Elementary School★★★★★
MiddleEustis Middle School★★★★
HighEustis High School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Eustis market

Seller’s marketLeans seller4.5 months of inventoryBuyer’s market

$336K$355K

Eustis median sold, yr/yr

97.1%

Sale-to-list ratio (12 mo)

97 of 199

Eustis actives have cut their price

Median sold price, Eustis, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 6% below the EUSTIS 32736 median. See the full Eustis market guide →

Paper trail

This home's history

CurrentPrice reduced to $435,000 $14K
Jul 3, 2026Listed at $449,000 · 16 days on market since
2001Built · FOREST LAKES & HILLS SUB

Reality check

What actually sold near 38846 FOREST DRIVE

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

38550 ILEX TRAILSold · Feb ’26

$415,000

38550 ILEX TRAIL

3 bd · 2 ba · 2,136 sqft · $194/sqft · 41 DOM

39817 FOREST DRIVESold · Mar ’26

$560,000

39817 FOREST DRIVE

4 bd · 2.5 ba · 2,660 sqft · $211/sqft · 184 DOM

32645 RED OAK DRIVESold · Jun ’26

$550,000

32645 RED OAK DRIVE

3 bd · 2 ba · 1,530 sqft · $359/sqft · 182 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Jonathan Santos

Your agent

Jonathan Santos

Realtor · CENTURY 21 Edge

Tours, negotiation, and every question about 38846 FOREST DRIVE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 38846 FOREST DRIVE — before you fall in love.

See it in person

Schedule a tour

Live availability from Jonathan's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

38846 FOREST DRIVE FAQs

What would the monthly payment be for 38846 FOREST DRIVE?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,028/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 38846 FOREST DRIVE?+

The most recent tax bill on record (2025) was $1,380. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in Eustis?+

At $435,000, this home is listed about 14% above the Eustis median of $382,500. The market section on this page shows how the area is trending.

Which schools are assigned to 38846 FOREST DRIVE?+

Seminole Springs Elementary School (elementary), Eustis Middle School (middle), Eustis High School (high) — Lake County School District. Always verify school assignments with the district before relying on them.

The brief

Three things that matter here

01Under the EUSTIS 32736 market on paper

$435,000 is 6% below the EUSTIS 32736 median of $465,000, and at $197/sqft it sits under the Eustis average of $236.

02Trees/Woods views

The trees/woods view is part of what you're buying — views hold value independently of the structure.

03The price has already moved

Listed at $449,000, now $435,000 — a $14K cut. The full history is in the market section below.

Listing courtesy of WATSON REALTY CORP · Bonnie McCleary. MLS #V4949385.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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