For sale

490 John StLake Helen, FL 32744

$355,000
  • 4 beds
  • 2 baths
  • 1,296 sq ft
  • 0.77 acres
  • Built 1933

Listing courtesy of ENRG INDIE 1 LLC · MLS# V4952297

About this home

RARE INVESTMENT OPPORTUNITY ON 0.77 ACRES IN BEAUTIFUL LAKE HELEN! The possibilities are what make this property truly exciting! Located at 490 John Street in the charming and highly desirable city of Lake Helen, this 1933 duplex sits on an impressive 0.77-acre lot, offering much more than just an income-producing property. With its generous lot size, there may be opportunities to add another residence, expand the existing property, or potentially subdivide the land to create an additional buildable lot—all subject to city zoning, land development regulations, and required approvals. Whether you're an investor looking to maximize rental income, a builder exploring future development opportunities, or a buyer with a vision, this property offers incredible flexibility and potential. The existing duplex features classic character, solid construction, and a durable metal roof, providing a starting point for improvements or continued rental use. The expansive grounds provide plenty of room to explore additional possibilities while enjoying the peaceful, small-town atmosphere Lake Helen is known for. Conveniently located near I-4, with easy access to DeLand, Daytona Beach, Orlando, area beaches, airports, and Central Florida attractions. Opportunities to own this much land with an existing duplex in Lake Helen don't come along every day! Bring your ideas, explore the possibilities, and discover the potential this unique property has to offer. Buyer to verify zoning, subdivision eligibility, building requirements, and permitted uses with the City of Lake Helen.

Property typeSingle Family Residence
CommunityLake Helen
CountyVolusia
Year built1933
HOANone
Taxes$4,101 (2025)
Days on market0
MLS #V4952297

Interior

Walk-In Closet(s)

Appliances

Range

Flooring

Carpet, Ceramic Tile

Exterior

None

Heating & cooling

Heat Recovery Unit / Central Air

Construction

Stucco, Frame

Roof

Shingle

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Principal & interest

—
  • Loan amount
  • Down payment
Talk to David about financing

Rate shown is Freddie Mac's average 30-year rate (October 15, 2026). Principal and interest only; taxes, insurance and any HOA are extra. Not a loan offer.

Location

Listing information is provided by Stellar MLS as distributed by MLS Grid, for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information submitted to the MLS GRID as of November 12, 2026 at 11:45 AM Eastern. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listings shown with the listing brokerage.