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$269,000

605 FIRST AVENUE, LADY LAKE, FL 32159

3D Tour
Active4 days on market

Beds

2

Baths

2

Sq Ft

1,286 sq ft

Year Built

1979

Lot Size

0.31 acres

Garage

1

About This Property

Rare find…Move-in ready, block home with no HOA, on .32 acre lot with a 10 x 20 shed with electricity PLUS over $100,000 in upgrades since 2023. This affordable 2-bedroom, 2 bath home sits on a spacious lot in a quiet, established neighborhood that is just minutes from The Villages. In 2023, a new metal roof installed, added blown in insulation in attic, and installed a new toilet in hall room bath. In 2024, New Windows installed, New concrete pad for the Gazebo, and new sod for front and back. In 2025, New SS appliances, New electric throughout the whole house, New floors (kitchen, dining room & living room), New Water Heater, New Seamless Guest bath shower, New Sun shade on side of home, Septic pumped out, New metal 10 x 12 Gazebo, and New Trac lighting in living room. In 2026, New 10 x 20 shed with electricity, new 12 x 20 above ground pool & fencing, New shower/tub in Hall bathroom, New lanai Roof & ceiling and new 8 x 10 shed. Enjoy relaxing on the Enclosed Florida room overlooking a large backyard with plenty of room for gardening, entertaining by the above ground chlorine pool, working in the large shed with electric or simply enjoying the Florida lifestyle. The backyard also features an additional road for access to the large shed with electric in addition to a portion fenced off for animals and family. The location is hard to beat. Just minutes from The Villages, you can enjoy nearby shopping, dining, and live entertainment while living outside the community and avoiding CDD bonds, HOA dues, and amenity fees. Outdoor enthusiasts will appreciate being close to Lake Griffin State Park, offering scenic trails, kayaking, fishing, and wildlife viewing. Located about an hour from Orlando, a little over an hour from Daytona Beach, approximately 30 minutes from Ocala National Forest and its natural springs, and about an hour and a half from Crystal River. Conveniently located near shopping, dining, medical facilities, and major roadways, this home offers easy access to everything you need while still being tucked into a quiet, established neighborhood. Whether you're searching for a primary residence, seasonal getaway, or investment opportunity, this property delivers on all fronts.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #G5117613
StatusActive
Year Built1979
Stories1
Total Rooms8
ConstructionBlock, Stucco
RoofMetal
FoundationSlab
FacesWest
SubdivisionMI-LU ESTATES
CountyLake
OwnershipFee Simple

Interior Features

InteriorCeiling Fan(s), Open Floorplan, Split Bedroom, Walk-In Closet(s)
FlooringCarpet, Tile, Vinyl
AppliancesDishwasher, Dryer, Range, Refrigerator, Washer
LaundryIn Garage
WindowsBlinds
CoolingCentral Air
HeatingCentral
FireplaceYes ()
SecuritySmoke Detector(s)

Exterior & Lot

ExteriorAwning(s), Irrigation System, Rain Gutters, Storage
FencingWire
Other StructuresShed(s), Workshop
Lot Size0.31 acres (13,280 sq ft)
Lot FeaturesIn County, Landscaped, Oversized Lot
Road SurfacePaved

Pool & Spa

Private PoolYes
Pool FeaturesAbove Ground

Utilities

WaterPublic
SewerSeptic Tank
UtilitiesElectricity Connected

Parking

GarageYes (1 spaces)

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$269,000
Annual Taxes$650 (2025)
FinancingCash, Conventional, FHA, VA Loan
ZoningRS-6
Parcel #211824000400010000

Directions

From Fruitland Park: N on US Hwy 27/441, Rt on Edwards Rd, Left on First Ave to home on Rt.

Location

605 FIRST AVENUE, LADY LAKE, FL 32159

Listing Information

OfficeCENTURY 21 ALTON CLARK
ListedSeptember 11, 2026

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Home Price

$269,000

20% ($53,800)
6.75%

Loan Term

Principal & Interest$1,396
Property Tax (est.)$247
Insurance (est.)$150
Total Monthly$1,792
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How to Buy This Home

Multiple financing options available for this $269,000 home in LADY LAKE.

🏛️

FHA Loan

$9,415 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

$13,450 Down

Traditional financing. As low as 3-5% down with good credit.

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 15, 2026.

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