A rare opportunity to own a fully rebuilt downtown compound just two blocks from the heart of Mount Dora. Set on an exceptionally oversized 98 x 175 lot within the Historic District, 118 N Grandview offers flexibility rarely found this close to downtown. Includes: Main home (4 bedrooms, 2.5 bathrooms); an attached Mother in Law suite with a separate exterior door (1 bedroom, 1 bathroom, full kitchen); and a detached garage with an ADU (1 bedroom, 1 bathroom, kitchen). This is not a cosmetic renovation. The residence was taken down to the shell and rebuilt to modern standards, with major systems replaced including electrical, plumbing, sewer lines, HVAC's, ductwork, roof, foam insulation, hardyboard, driveways, walkways and hardscape. The historic charm remains but the uncertainty does not. Across 3,047+/ total heated square feet, the property unfolds as a thoughtfully designed multi structure residence offering flexibility, privacy, and long term value. The main residence, 2,023+/ sq ft, features vaulted ceilings, a curated kitchen and baths, custom wood white cabinetry with under cabinet lighting, Quartz countertops, Caf matte white appliances, smart shower technology, Lutron dimmers, Cat 6A ethernet, WiFi access points, LED lighting, and pre wiring for exterior cameras. Modern infrastructure is seamlessly integrated without compromising character. Attached to the main home is a fully independent mother in law (MIL) 520 +/ sq ft suite with private exterior entrance and secure internal access, ideal for multi generational living, extended guests, executive workspace, or income producing flexibility. The MIL offers the same elevated design standards found in the main residence, including a curated kitchen and bath, custom wood cabinetry with under cabinet lighting, Quartz countertops, premium appliances, Lutron dimmers, Cat 6A ethernet, WiFi access points, and LED lighting. Beyond the main structure, a legally permitted 504+/ sq ft detached ADU with its own HVAC system creates an entirely separate living experience. Designed with the same high end finishes and modern infrastructure, the ADU includes a full kitchen and bath, custom cabinetry, Quartz countertops, integrated data wiring, and LED lighting, ensuring all three living spaces deliver a consistent level of quality and comfort. Three independent living spaces. Three separate HVAC systems. One unified downtown lifestyle. The nearly 100 foot frontage and expansive depth provide rare breathing room in the Historic District. The circular paver drive and extended driveway offer substantial off street parking for guests and gatherings, a significant advantage this close to downtown. Enjoy golf cart access to shops, dining, waterfront, and festivals, along with no HOA restrictions and a partially fenced yard framed by a landscaped front island that enhances both privacy and curb appeal. This is the rare Mount Dora property that allows you to live steps from downtown, host family without compromise, create income flexibility, and own one of the most adaptable homes in the district. Opportunities offering this level of reconstruction, lot size, independence of space, and walkability are extraordinarily limited. Estimated move in ready date 3/31/26.