1561 LAKE BANK LANE, DELAND, FL, 32724
Active45 days on marketListed Aug 28, 2026MLS #FC321069
About this home
1561 LAKE BANK LANE
Under Construction. Welcome to 1561 Lake Bank Lane, a beautifully furnished Paytas Homes model located in The Cove at The Reserve at Victoria. The Kensington II offers 2,709 sq. ft. of living space with three private bedroom suites, 3.5 baths, a study and a 3-car garage. Soaring 12' ceilings enhance the main living areas, creating an open and inviting flow between the gathering room, kitchen and café. The kitchen features quartz countertops, painted wood cabinetry, stacked upper cabinets, wall oven and cooktop, upgraded backsplash, apron-front sink and thoughtfully selected finishes. Wood flooring extends throughout the main living areas and primary suite, complemented by designer details and architectural accents throughout the home. Designed for Florida living, the home opens to an expansive covered lanai with a summer kitchen and swimming pool, along with a convenient pool bath. The spacious primary suite features a well-appointed bath with quartz countertops, upgraded cabinetry and premium tile selections. The Cove at The Reserve at Victoria features tile roofs, enhanced landscaping and thoughtfully designed homes, creating a distinctive neighborhood within the established Reserve at Victoria community. This furnished model home is available for purchase with a leaseback opportunity, with furnishings available for purchase separately. A beautifully finished home, inviting outdoor living and the added appeal of The Cove come together at 1561 Lake Bank Lane. *Home must be sold with furniture. Furniture price included in list price.
Facts & features
The home at a glance
3
Bedrooms
3.5
Bathrooms
2,709
Sqft
0.2 ac
Lot size
3
Garage
2026
Year built
One
Levels
$349
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$5,872 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$5,872/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+38.7%
$/sqft vs Deland actives
$349 vs $205
Days on market
45 vs 56 typical
Where $349/sqft sits among the 400 Deland actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Deland
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Deland. See the full Deland guide →
DELAND 32724 — neighborhood snapshot
Population
43,615
Median age
43.7
Median income
$72,729
Median home value
$283,100
Avg household
2.43
Households w/ children
4,433
For the school run
Volusia County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Deland market
$335K → $350K
Deland median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
246 of 400
Deland actives have cut their price
Median sold price, Deland, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 195% above the DELAND 32724 median. See the full Deland market guide →
Paper trail
This home's history
Reality check
What actually sold near 1561 LAKE BANK LANE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$534,900
1128 HERON POINT WAY
2 bd · 2.5 ba · 2,670 sqft · $200/sqft · 141 DOM
Sold · Jul ’26$550,000
1405 COVERED BRIDGE ROAD
4 bd · 3 ba · 2,578 sqft · $213/sqft · 16 DOM
Sold · Jun ’26$570,000
1411 WYNGATE DRIVE
3 bd · 2.5 ba · 3,015 sqft · $189/sqft · 41 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Leila Sabat
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 1561 LAKE BANK LANE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1561 LAKE BANK LANE — before you fall in love.
See it in person
Schedule a tour
Live availability from Leila's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
1561 LAKE BANK LANE FAQs
What would the monthly payment be for 1561 LAKE BANK LANE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $5,872/mo — principal and interest, the actual property-tax bill, the $246/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 1561 LAKE BANK LANE?+
The association fee works out to $246 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 1561 LAKE BANK LANE?+
The most recent tax bill on record (2025) was $125. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 1561 LAKE BANK LANE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Deland?+
At $945,335, this home is listed about 152% above the Deland median of $375,000. The market section on this page shows how the area is trending.
Which schools are assigned to 1561 LAKE BANK LANE?+
George W. Marks Elementary School (elementary), Deland High School (high), Deland Middle School (middle) — Volusia County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of PAYTAS-MATHER REAL ESTATE SERV · Jim Mather. MLS #FC321069.
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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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