Under contract-accepting backup offers. Welcome to 527 W Blue Water Edge Drive, a beautifully updated 4,000 sq ft custom waterfront home located in the gated Blue Lake Estates community near Mount Dora. Positioned at the end of a cul-de-sac, this property offers panoramic lake views from nearly every room. The home features concrete block construction on both levels. Recent major upgrades include a new concrete tile roof (2025), two new HVAC systems, new downstairs windows, 80-gallon hybrid water heater, whole-house water softener, and a new sump pump. The main level of the home features an open-concept kitchen, living, and dining area with French doors leading to a screened balcony overlooking the water views. The updated kitchen includes Café double wall ovens and microwave, updated cabinetry, a new backsplash, and custom pantry shelving. 2 bedrooms and an office are located on the main level, both of the bedrooms are full suites with a large dedicated en-suite, and large walk-in closets. The office also functions as an additional bedroom, and would be ideal for guests or a nursery. The fully renovated lower level offers a large family room, a flexible bonus space for office, gym, or playroom, and a private guest suite with full bath. The layout is ideal for multigenerational living or guests. Both downstairs entertaining spaces provide direct access to the backyard. The backyard features a new paver patio, fenced yard, and views over the spring fed lake. The nearby parks and recreational areas provide opportunities for outdoor activities. Situated only minutes to downtown Mount Dora and downtown Eustis, and 15 minutes to SR 429 route to Orlando. This offers easy access for commuting or enjoying amenities in the City of Orlando, at Disney and the airport. Call today to schedule a private tour.