Under contract-accepting backup offers. PROPERTY IN FORECLOSURE and up for GRABS! Price way below market. This is a perfect house for a FHA 203(k) Loan so if you are a buyer that doesn't have the money for repairs but can qualify for more, let's talk! This property is located in the stunning, guard-gated resort community of Bellalago—where resort-style living meets real-world opportunity! The spacious split floor plan offers ***3 BEDROOMS, 3 FULL BATHROOMS (1 hall and 2 in suite), a bonus room perfect for an office or den, and a rare THREE-car garage.***. There’s no one directly in front or behind you, and a peaceful pond view awaits from the screened back patio. Inside, you’ll find cherry cabinets, granite countertops, crown molding throughout, and both the primary bedroom and Bedroom 2 feature private in-suite bathrooms—a rare and thoughtful layout for guests or multi-gen living. Now, let’s talk about the “opportunityâ€: the roof has seen better days, and the resulting water damage is mostly visible in the office area and a few other spots. There’s also some flooring damage in the primary bedroom that is old damage but needs to be replaced. The back patio needs some TLC, but with a green thumb and a pressure washer, it's a breeze to beautify. With recent sales in Bellalago of "like" homes around $500,000, this price is an absolute bargain for anyone ready to roll up their sleeves and build some instant equity. The community features DIRECT access to Lake Toho with a private community boat ramp, fishing pier, boardwalk, full-service restaurant, splash pad, water slides, volleyball courts, playgrounds, and not one but two fitness centers offering yoga and dance classes. Students can attend Bellalago Academy (K–8) and Liberty High School. With 24-hour security and a lifestyle that feels like a year-round vacation, this home is your chance to get into something special—at a price that leaves room for upgrades and personal touches. Bring your vision and your flip-flops… because the Florida lifestyle is calling! *Ask your agent for additional photos of the interior work needed*