31026 NOCATEE TRAIL, SORRENTO, FL, 32776
Active38 days on marketListed Oct 1, 2026MLS #O6442232
About this home
31026 NOCATEE TRAIL
A unique Wekiva River waterfront investment property offering multiple income streams, with projected gross Short Term Rental gross revenue of approximately $140,000 +/-annually. * Property Size and Layout: 4,598 livable square feet, two-story log cabin with a connected addition, potential for three separate living units. There are two buildings connected by a breezeway. * Amenities and Upgrades: 3000 sq feet of brand new construction, new mechanicals, soundproof walls, separate HVAC for each unit and electrical panels, 2 whole house generators for backup in case of a power outage, and a finished flex/recreation room, and private onsite office. Updated kitchens. Indoor laundry rooms. * Business Potential: Allows for owner-occupancy with potential for renting out one or two units as Airbnb or long-term rentals. * Property Description: 1.5-acre waterfront property on the Wekiva River within the Wekiva River Protection Area, featuring a grandfathered dock and wooded buffer area. * Property Amenities: Includes a sleeping loft with a spiral staircase and a hidden “secret room,” and offers wildlife viewing opportunities. Fire pit, grill, and outdoor seating. Parking for up to 8+ vehicles. * Business Information: Unit 1, licensed as the Crooked Paddle Lodge, has been renting on Airbnb for the past four years with 100 five star ratings. Turn key business includes furnishings, linens, housewares, private office. * Rental Income: Unit 1 rents for $225/night, Unit 2 rents for $187/night, and Unit 3 rents for $140/night x 252 nights = $140,000 gross income. * Property Features: Full kitchens, 4 full baths, 2 laundry rooms, new electrical, plumbing, HVAC, and smart home features. * Location & Surroundings: Rustic cabin on the Wekiva River, surrounded by nature and state-owned preserves. * Outdoor Activities: Offers opportunities for biking, hiking, horseback riding, fishing, birdwatching, canoeing, kayaking, and paddle boarding. Close to Rock Springs Run Reserve 14,000 acres and Seminole State Forrest 28,000 acres. * Accessibility: Easy access to local amenities, major roads, and attractions like Disney, beaches, and historic downtown Sanford. Close to quaint Lake County towns including Mt Dora, Eustis and Tavares, offering shopping, antiquing, restaurants.
Facts & features
The home at a glance
5
Bedrooms
4
Bathrooms
4,590
Sqft
1.57 ac
Lot size
1996
Year built
Two
Levels
$327
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 — not generic estimates.
$10,594 /mo · 10% down Conventional, 30-yr fixed at 7.5%
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
$10,594/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.
Can I afford this home? → See what you can comfortably afford from your income, debts and savings.
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
+8.8%
$/sqft vs Sorrento actives
$327 vs $218
Days on market
38 vs 69 typical
Where $327/sqft sits among the 66 Sorrento 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 Sorrento
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Sorrento. See the full Sorrento guide →
SORRENTO 32776 — neighborhood snapshot
Population
12,668
Median age
43.1
Median income
$97,217
Median home value
$374,000
Avg household
2.81
Households w/ children
1,164
For the school run
Lake County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Sorrento market
$406K → $420K
Sorrento median sold, yr/yr
97.2%
Sale-to-list ratio (12 mo)
38 of 66
Sorrento actives have cut their price
Median sold price, Sorrento, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 222% above the SORRENTO 32776 median. See the full Sorrento market guide →
Paper trail
This home's history
Reality check
What actually sold near 31026 NOCATEE TRAIL
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Aug ’26$375,000
32316 CHIPOLA TRAIL · same community
3 bd · 2 ba · 1,728 sqft · $217/sqft · 24 DOM
Sold · Feb ’26$285,000
32108 HOLOPAW TRAIL · same community
2 bd · 1 ba · 988 sqft · $288/sqft · 18 DOM
Sold · Nov ’25$1,500,000
2242 SOARING EAGLE PLACE
5 bd · 4.5 ba · 4,622 sqft · $325/sqft · 116 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
Tommy Trainer
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 31026 NOCATEE TRAIL — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 31026 NOCATEE TRAIL — before you fall in love.
See it in person
Schedule a tour
Live availability from Tommy's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
31026 NOCATEE TRAIL FAQs
What would the monthly payment be for 31026 NOCATEE TRAIL?+
With 10% down on a 30-year Conventional loan at 7.5%, the all-in payment lands around $10,594/mo — principal and interest, the actual property-tax bill 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.
What are the property taxes on 31026 NOCATEE TRAIL?+
The most recent tax bill on record (2025) was $5,190. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Sorrento?+
At $1,499,900, this home is listed about 178% above the Sorrento median of $538,945. The market section on this page shows how the area is trending.
Which schools are assigned to 31026 NOCATEE TRAIL?+
Round Lake Charter School (elementary), Mt. Dora Middle School (middle), Mt. Dora High School (high) — Lake County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$1,499,900 runs 222% above the SORRENTO 32776 median — but at 4,590 sqft it's also 69% larger than the typical Sorrento listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Strong assigned schools
Round Lake Charter School, Mt. Dora Middle School, Mt. Dora High School — Round Lake Charter School rates 5 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of CREEGAN GROUP · Laurie Marsell. MLS #O6442232.
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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