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3 SE Ocale Way, Summerfield, FL, 34491

5beds
4baths
3,723sqft
$695,000
$187price/sqft
$4,742/moest. monthly cost
$189,680/yrincome needed

About This Home

Lake Weir estate with over 150 feet of water frontage directly across from the Carney Island Nature Preserve! This home comes fully furnished with brand new hand-picked furniture and televisions. Interior details include cathedral ceilings throughout living areas and master bedroom, whole house water softener system, 3 compass inlays, and 2 wood burning fireplaces. The second floor includes the main living areas and 4 bedrooms, including the primary suite. The kitchen has a professional gas range, stainless steel appliances, ample cabinet and pantry space with custom built-ins and a bay window overlooking the lake. The grand living room and kitchen boast high ceilings with exposed beams and large picture windows for panoramic views of the lake and nature and wildlife preserve. Off the living area is the office, which has French doors to the front balcony that wraps around the home on both sides. The spacious primary suite features a wall of picture windows with breathtaking water views, and sliding glass doors to a balcony overlooking the lake. It also offers a custom walk-in closet, sitting area, wood-burning fireplace, and an ensuite bathroom with Jacuzzi tub. The ground floor features an oversized bedroom/bonus room, a full bathroom, and an insulated theatre room with five raised stadium recliners. Exterior features include a large screened-in porch with an outdoor kitchen, a detached shed with power, and solar panels. Views and backyard privacy are protected by the neighboring nature preserve across the water. This waterfront retreat sits at the end of the cul-de-sac and the double driveway leads to two separate garages which holds 3 cars and has space for a golf cart or motorcycle parking. Both HVAC units and water heater were replaced in the past couple years.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

2/10
4/10
Lake Weir Middle SchoolGrades 6-81.1 mi
2/10
Lake Weir High SchoolGrades 9-125.3 mi

Construction

Condition

  • Property condition: Completed
  • Year built: 1967

Materials

  • Foundation: Block
  • Roof: Shingle
  • Construction materials: Block

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Electric Water Heater,Microwave,Range,Range Hood,Refrigerator,Washer,Water Filtration System,Water Softener,Wine Refrigerator
  • Laundry features: In Garage

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Built-in Features,Cathedral Ceiling(s),Ceiling Fan(s),Eating Space In Kitchen,Kitchen/Family Room Combo,Open Floorplan,Primary Bedroom Main Floor,Walk-In Closet(s)
  • Door features: French Doors,Outdoor Grill,Outdoor Kitchen
  • Window features: Window Treatments
  • Flooring: Slate,Travertine,Vinyl
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,285
  • Total interior livable area: 3,723 sqft

Kitchen

  • Level: Second

Living Room

  • Level: Second

Primary Bedroom

  • Features: Walk-In Closet(s)
  • Level: Second

Property

Details

  • Parcel number: 4789002008
  • Zoning: R1
  • Special condition: None

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Balcony,Outdoor Grill,Outdoor Kitchen
  • Has view: Yes
  • View description: Lake
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Lake Front,Lake Privileges
  • Waterbody name: LAKE WEIR

Lot

  • Lot size: 0.34 Acres
  • Lot size dimensions: 95 x 154

Parking

  • Total spaces: 3
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Hurricane
Lightning
Tornado

FEMA Declared Disasters in Marion County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,514$42,168
Home Insurance *$437$5,244
Property Taxes $417$5,004
Electricity $374$4,496
Total$4,742$56,904
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$162,582/yr
40% on housing$142,260/yr
45% on housing$126,453/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 16.1%
16.1%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 5.6%
5.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$187This listing

vs Other Active Listings

Avg $/sqft

ZIP 34491$197
Marion County$208

vs Homes Sold Last Month

Median $/sqft

ZIP 34491$176
Marion County$168

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-15Listed for sale$695,000
2026-03-30Pending sale$695,000
2026-01-09Price change$695,000
2025-09-17Price change$750,000
2025-07-31Listed for sale$790,000
2023-12-12Listing removed--
2023-09-06Price change$795,000
2023-08-11Listed for sale$810,000
2023-04-28Listing removed--
2023-02-24Listed for sale$895,000
2022-01-13Listing removed--
2021-10-12Listed for sale$950,000
2021-09-05Listing removed--
2021-07-16Listed for sale$975,000

For Sale by Agent

AgentMadelyn Spiegel
BrokerageSPIEGEL LUXURY GROUP

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