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1542 Camellia Court
Lake Placid, FL 33852
today NEW · Active
$294,000
$187 / Sqft
3
Beds
2
Baths
1,573
Sqft
0.22
Acres
1985
Yr. Built
MLS# 330057
Cumulative Days on Market: 1 · Includes prior listings · Currently listed since 10/31/26 · Data provided by the MLS.

Property Description

OWN A WATERFRONT HOME WITH AN ASSUMABLE 2.75% VA MORTGAGE! YOU DO NOT HAVE TO BE A VETERAN TO ASSUME A VA LOAN!

Imagine enjoying the lakefront lifestyle while taking advantage of an incredible 2.75% ASSUMABLE VA MORTGAGE! In today's interest rate environment, this is an opportunity that is hard to find. PLUS, the seller is offering $5, 000 toward appliances of YOUR CHOICE! Combine an exceptional interest rate with beautiful waterfront living, and you have an opportunity worth serious consideration.

NEWLY RENOVATED and featuring a BRAND-NEW ROOF, this 3-bedroom, 2-bath home is nestled on a quiet street along a peaceful canal with direct access to 355-acre sandy-bottom waters of Lake Clay. From the moment you arrive, you'll appreciate the lush lawn, majestic palm trees, and inviting curb appeal. Inside, soaring vaulted ceilings and luxury plank vinyl flooring create a bright, open atmosphere. The stunning updated kitchen features timeless white shaker cabinetry, classic subway tile backsplash, and rich wood countertops. The desirable split-bedroom floor plan provides privacy for family and guests. The spacious primary suite is a true retreat, featuring a spa-inspired bathroom with dual vanities, a walk-in shower with rain shower head, and a freestanding soaking tub. Two additional generously sized bedrooms are located on the opposite side of the home and share a beautifully updated guest bath, with one bedroom offering its own private entrance. The inviting family room overlooks the backyard and canal, bringing the beauty of waterfront living right into your home. Additional updates include a laundry room with new cabinetry and a TANKLESS on-demand water heater! Step outside to the screened lanai for morning coffee or evening cocktails overlooking the water. Head down to the deck to fish, launch your boat or kayak, or simply enjoy the peaceful surroundings. With direct canal access to Lake Clay, endless days of swimming, boating, tubing, fishing, watersports, and spectacular sunsets await. A large storage shed with electric provides plenty of room for lake toys, equipment, or your dream workshop. Whether you're looking for a full-time residence, a vacation getaway, or a short-term rental investment, this property delivers an exceptional combination of lifestyle, updates, and value.

THE REAL SHOWSTOPPER? A 2.75% ASSUMABLE VA MORTGAGE....AND....you don't have to be a veteran to assume a VA loan! Why settle for today's higher interest rates when you may have the opportunity to assume an existing low-rate mortgage and enjoy the best of waterfront living? Don't miss this opportunity to make Lake Clay your backyard. After all... LAKE LIFE IS THE BEST LIFE!

VA loan assumption subject to lender approval and buyer qualification. Non-veteran buyers may be eligible to assume a VA loan, subject to applicable VA requirements and lender approval. * * * * SOME IMAGES ARE VIRTUALLY STAGED TO SHOW POSSIBLE FURNITURE PLACEMENT * * * *

Property Highlights

Property Type
Residential
Property Sub Type
Single Family Residence
Architectural Style
One Story
Bedrooms
3
Total Bathrooms
2
Living Area
1,573
Price / Sqft
$187
Acres
0.22
Year Built
1985
Condition
Resale
Cumulative Days on Market
1

Location

City/Township
Lake Placid
View
Canal
County
Highlands
Zoning Description
R1

Lake/Waterfront Information

Water Body Name
Clay
Waterfront Features
Bulkhead, Seawall

Property Details

Price
$294,000
Condition
Resale
Property Type
Residential
Property Sub Type
Single Family Residence

Building

Levels
One
Total Area
1,573

Interior Features

Bedrooms and Bathrooms

Total Bathrooms
2
Full Bathrooms
2
Bedrooms
3

Rooms and Basement

Total Rooms
8

Area and Spaces

Living Area
1,573

Appliances

Appliances
Tankless Water Heater, Water Softener

Interior Features

Interior Features
Vaulted Ceilings, Window Treatments
Flooring
Plank, Tile, Vinyl
Window Features
Single Hung, Blinds

Heating and Cooling

Heating Features
Central, Electric

Building Details

Construction

Architectural Style
One Story
Year Built
1985

Materials

Construction Materials
Frame
Roof
Shingle

Terms

Terms

Special Conditions
None
Special Terms
Assumable, Cash, Conventional, FHA, Va Loan
Cumulative Days on Market
1

Taxes

Tax

Tax (Annual)
$2,871

Heating, Cooling & Utilities

Cooling Features
Central Air, Electric

Utilities

Sewer
Septic Tank
Water Source
Private, Well
Irrigation Source
Well

Lot

Acres
0.22
Lot Size
0.22
Lot Size Area Sq Ft
9,375
Road Surface
Paved

Exterior Features

Exterior Features
Deck, Dock, Fence, Irrigation Sprinklers, Patio, Shed, Workshop
Patio And Porch Features
Rear Porch, Screened, Deck, Patio

Parking

Parking Features
Carport

Pool Features

Pool Features
None
Listed by LPT Realty LLC, 954-336-6046
Listing Data last updated 11/01/2026 05:20 am
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All estimates and provided for informational purposes only. Actual amounts may vary. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. Information, rates, programs and loan scenarios shown are for example only as of 1-Nov-2026 and are subject to change without notice. Interest rates provided by the St. Louis Federal Reserve Economic Data (FRED). All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Contact your preferred lender for the pricing associated with your specific transaction. Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
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Property History

Today
Status Active. This is the date the listing was placed on market.
Today
Property information last updated
Cumulative Days on Market: 1 day (includes prior listings) · Currently listed since October 31, 2026. Data provided by the MLS.

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