15240 SHADY LANE, TAVARES, FL, 32778
Active7 days on marketListed Aug 4, 2026MLS #G5116012
About this home
15240 SHADY LANE
Custom-built brick estate on 1.2 wooded acres with two fireplaces, major recent updates, and the privacy you've been searching for—just minutes from historic Mount Dora. Nestled beneath a canopy of majestic oak trees on a private lot, this home offers the perfect blend of timeless craftsmanship, generous living space, and peaceful surroundings. With 4 bedrooms, 3 bathrooms, and 3,744 square feet, this one-owner home has been thoughtfully maintained and updated over the years. A circular driveway, manicured landscaping, and covered front portico create a welcoming first impression. Inside, the spacious floor plan is designed for both comfortable everyday living and effortless entertaining. The impressive family room is anchored by a soaring floor-to-ceiling brick fireplace with custom built-in shelving, while the expansive primary suite serves as a true retreat, stretching the length of the home and featuring its own wood-burning fireplace with a marble hearth. The eat-in kitchen overlooks the private backyard and offers Corian countertops, stainless steel appliances, and abundant workspace. Just beyond, the oversized screened lanai with its beautiful cedar planking provides the perfect place to enjoy morning coffee, outdoor dining, or quiet evenings surrounded by nature. Additional highlights include a dedicated office or craft room, a spacious laundry room with folding area, underground pet fencing with two separate zones, irrigation system, and a long-standing Massey termite bond. Brand-new carpet was installed in July 2026 on the staircase, upstairs hallway, and primary bedroom. Major updates include a new roof (2024), exterior paint (2024), downstairs HVAC (2024), and upstairs water heater (2025). A rare bonus is that the original owner has preserved the home's original construction plans and documentation, offering valuable insight for future renovations or expansion. If you've been searching for a home that combines privacy, quality construction, and room to grow, this exceptional property is ready to welcome its next chapter.
Facts & features
The home at a glance
4
Bedrooms
3
Bathrooms
3,744
Sqft
1.19 ac
Lot size
2
Garage
1987
Year built
Two
Levels
$187
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$4,649 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$4,649/mo
Includes estimated PMI — it drops off once you reach 20% equity. 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.
vs edgeAI estimate
+9.4%
$/sqft vs Tavares actives
$187 vs $193
Days on market
7 vs 51 typical
Where $187/sqft sits among the 238 Tavares actives
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 Tavares
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Tavares. See the full Tavares guide →
TAVARES 32778 — neighborhood snapshot
Population
25,099
Median age
53.8
Median income
$61,815
Median home value
$241,500
Avg household
2.16
Households w/ children
2,209
For the school run
Lake County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Tavares market
$318K → $310K
Tavares median sold, yr/yr
96.8%
Sale-to-list ratio (12 mo)
117 of 238
Tavares actives have cut their price
Median sold price, Tavares, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 115% above the TAVARES 32778 median. See the full Tavares market guide →
Paper trail
This home's history
Reality check
What actually sold near 15240 SHADY LANE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jul ’26$650,000
15241 SHADY LANE · same community
5 bd · 2.5 ba · 2,756 sqft · $236/sqft · 45 DOM
Sold · Mar ’26$715,000
29127 OLD MILL E · same community
4 bd · 3 ba · 2,698 sqft · $265/sqft · 320 DOM
Sold · Jan ’26$710,000
15305 SHADY LANE · same community
4 bd · 2.5 ba · 2,588 sqft · $274/sqft · 31 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.
Your agent
Kerry Perro
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 15240 SHADY LANE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 15240 SHADY LANE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Kerry's phone and CRM.
Straight answers
15240 SHADY LANE FAQs
What would the monthly payment be for 15240 SHADY LANE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,649/mo — principal and interest, the actual property-tax bill, the $229/mo association fee 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.
How much are the HOA fees at 15240 SHADY LANE?+
The association fee works out to $229 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 15240 SHADY LANE?+
The most recent tax bill on record (2025) was $2,657. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 15240 SHADY LANE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Tavares?+
At $699,900, this home is listed about 108% above the Tavares median of $337,000. The market section on this page shows how the area is trending.
Which schools are assigned to 15240 SHADY LANE?+
Tavares High School (high), Tavares Elementary School (elementary), Tavares Middle School (middle) — Lake County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$699,900 runs 115% above the TAVARES 32778 median — but at 3,744 sqft it's also nearly twice the size of the typical Tavares listing.
02Trees/Woods views
The trees/woods view is part of what you're buying — views hold value independently of the structure.
03Fresh on the market
Only 7 days on market in a Tavares market that averages 51 — if it fits, move quickly.
Keep looking
Similar homes nearby
Listing courtesy of VANGIE BERRY SIGNATURE REALTY · Angela Phillips. MLS #G5116012.
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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