- Properties
- 292 SW OLD CYPRESS WAY
$725,000
292 SW OLD CYPRESS WAY, LAKE CITY, FL 32024
Beds
4
Baths
3
Sq Ft
4,250 sq ft
Year Built
2020
Lot Size
0.55 acres
Garage
2
About This Property
*** VIEW OUR VIRTUAL VIDEO TOUR*** An extraordinary opportunity awaits at **The Reserve at Jewel Lake**, where luxury, privacy, and natural beauty converge. STUNNING LAKE ACCESS. HUGE. ADDITIONAL LOT. This remarkable offering includes not only a stunning home, with access to the approximately 60 acre lake *and* an additional buildable parcel—an exceptionally rare find. This beautifully designed **three-story, four-bedroom, three-bathroom** residence welcomes you with a light-filled, open-concept floor plan that seamlessly blends the living room, kitchen, dining area, reading nook, and butler’s pantry. Expansive windows frame breathtaking lake views, creating a serene backdrop that is entirely yours to enjoy. The kitchen is both stylish and functional, featuring elegant granite countertops, modern glass-front cabinetry, and stainless steel appliances—perfect for entertaining or everyday living. **Luxury Vinyl Plank flooring** flows throughout the home, enhancing its elegant yet comfortable feel. The primary suite is a true retreat, complete with a Safestep jacuzzi walk-in tub, walk-in shower, dual vanity with granite countertops, and a spacious walk-in closet. Step outside from the living area onto the screened-in patio and take in the peaceful waterfront views—an ideal setting for morning coffee or evening relaxation. Upstairs, a versatile studio-style space offers endless possibilities as a bedroom, game room, or creative retreat and is already plumbed for an additional bathroom. The lower level is an entertainer’s dream, featuring a built-in bookshelf system, wet bar with Leatherized granite adorning the top, and an impressively large storage or craft room. Outdoor living shines just as brightly. A screened-in patio leads to a beautifully fenced backyard with a dedicated fire pit pad and picturesque lake views beyond. The garage and porches are finished with durable, eye-catching Shark Coating epoxy flooring, and a storage shed provides added convenience. A **whole-house Generac generator** ensures peace of mind year-round. Completing this exceptional property is the included **buildable parcel to the left**, offering additional space and endless potential for expansion or outdoor enjoyment. This is more than a home—it’s a private lakeside lifestyle, thoughtfully designed and ready to impress.
Property Overview
Interior Features
Exterior & Lot
Utilities
Parking
HOA & Community
Financial Details
Directions
From SR 90. Take a left onto 252B. Take an immediate right onto 252. Take a right onto SW Pine-mount Road. Take a left onto SW Jewel Lake Rd. Take a left onto SW Old Cypress Way and the home will be n your right hand side
Location
292 SW OLD CYPRESS WAY, LAKE CITY, FL 32024
Listing Information
Schedule a Tour
Pick a Day
Preferred Time
Home Price
$725,000
Loan Term
How to Buy This Home
Multiple financing options available for this $725,000 home in LAKE CITY.
🏛️
FHA Loan
$25,375 Down
Government-backed, low down payment. Credit scores as low as 580.
🎖️
VA Loan
$0 Down
Zero down for eligible veterans, active duty, and military families.
🏦
Conventional
$36,250 Down
Traditional financing. As low as 3-5% down with good credit.
🌾
USDA Loan
$0 Down
Zero down for eligible rural areas. Income limits apply.
Florida Down Payment Assistance Programs
You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.
Florida Hometown Heroes
Up to $35,000
First-time buyers working in FL
FL Assist
Up to $10,000
FHA, VA, or USDA borrowers
FL HLP Second Mortgage
Up to $10,000
First-time buyers, 0% deferred
Can You Afford This Home?
Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.
Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. 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 last updated: September 14, 2026.