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$950,000 - 292 Sw Old Cypress Way, LAKE CITY

4
Bedrooms
3
Baths
3,331
SQ. Feet
60.26
Acres

*** VIEW OUR VIRTUAL VIDEO TOUR*** An extraordinary opportunity awaits at **The Reserve at Jewel Lake**, where luxury, privacy, and natural beauty converge. This remarkable offering includes not only a stunning home, but ownership of the approximately 60 acre lake itself *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.

Essential Information

  • MLS® #:
    G5107286
  • Price:
    $950,000
  • Bedrooms:
    4
  • Bathrooms:
    3.00
  • Full Baths:
    3
  • Square Footage:
    3,331
  • Acres:
    60.26
  • Year Built:
    2020
  • Type:
    Residential
  • Sub-Type:
    Single Family Residence
  • Status:
    Active

Community Information

  • Address:
    292 Sw Old Cypress Way
  • Area:
    Lake City
  • Subdivision:
    RESERVE/JEWEL LAKE PH 1
  • City:
    LAKE CITY
  • County:
    Columbia
  • State:
    FL
  • Zip Code:
    32024

Amenities

  • # of Garages:
    2
  • View:
    Water

Interior

  • Interior Features:
    Built-in Features, Ceiling Fans(s), Chair Rail, Crown Molding, Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Stone Counters, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances:
    Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Heating:
    Central
  • Cooling:
    Central Air

Exterior

  • Exterior Features:
    Balcony, Sliding Doors, Storage
  • Lot Description:
    Cleared, Cul-De-Sac, Oversized Lot
  • Roof:
    Shingle
  • Foundation:
    Slab

Additional Information

  • Days on Market:
    6
  • Zoning:
    RES

Listing Details

  • Listing Office:
    Realty Executives In The Villages

Listing information courtesy of Realty Executives In The Villages.

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Listing data comes from My Florida Regional MLS.

Listing information last updated on February 2nd, 2026 at 10:04pm EST.