$775,000
Original: $950,000 ▼ Price reduced

292 SW OLD CYPRESS WAY, Lake City, FL 32024

Active
4
Beds
3
Baths
4,250
Sq Ft
$182
Per Sq Ft
2020
Built
133
Days Listed

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 Details

TypeSingle Family Residence
Garage2 spaces
Lot0.55 ac
PoolNo
WaterfrontNo
SubdivisionRESERVE/JEWEL LAKE PH 1
HOAYes · $260/mo
Tax/yr$5,506
HeatingCentral
CoolingCentral Air
FlooringLuxury Vinyl
RoofShingle

Listed by REALTY EXECUTIVES IN THE VILLAGES · MLS# G5107286

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Listing information © 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved. Data deemed reliable but not guaranteed. Last updated: 2026-06-10.
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.
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Rise Team · LPT Realty, LLC
Mike Valdes
Mike Valdes
Rise Team · LPT Realty
(813) 548-5618
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