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$725,000

292 SW OLD CYPRESS WAY, LAKE CITY, FL 32024

3D Tour
Active230 days on market

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

Property TypeResidential
Sub TypeSingle Family Residence
MLS #G5107286
StatusActive
Year Built2020
Total Rooms3
ConstructionBlock, HardiPlank Type, Other, Stone
RoofShingle
FoundationSlab
FacesEast
SubdivisionRESERVE/JEWEL LAKE PH 1
CountyColumbia
OwnershipFee Simple

Interior Features

InteriorBuilt-in Features, Ceiling Fan(s), Chair Rail, Crown Molding, Eating Space In Kitchen, Kitchen/Family Room Combo, Open Floorplan, Stone Counters, Walk-In Closet(s), Wet Bar, Window Treatments
FlooringLuxury Vinyl
AppliancesDishwasher, Dryer, Microwave, Range, Refrigerator, Washer
LaundryInside, Laundry Room
CoolingCentral Air
HeatingCentral

Exterior & Lot

ExteriorBalcony, Sliding Doors, Storage
Lot Size0.55 acres (23,958 sq ft)
Lot FeaturesCleared, Cul-De-Sac, Oversized Lot
Road SurfacePaved
ViewWater
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesElectricity Connected, Water Connected

Parking

GarageYes (2 spaces)

HOA & Community

HOAYes
HOA Fee$260 / Annually
Senior CommunityNo

Financial Details

List Price$725,000
Original Price$950,000
Annual Taxes$5,506 (2025)
ZoningRES
Parcel #044S1602439127

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

OfficeREALTY EXECUTIVES IN THE VILLAGES
ListedJanuary 27, 2026

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Home Price

$725,000

20% ($145,000)
6.75%

Loan Term

Principal & Interest$3,762
Property Tax (est.)$665
Insurance (est.)$150
Total Monthly$4,576
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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.

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