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251 Chestnut Rd, Ocala, FL, 34480

3beds
2baths
1,380sqft
$260,000
$188price/sqft
$1,913/moest. monthly cost
$76,520/yrincome needed

About This Home

Come see this wonderfully styled, 3 bedroom, 2 bath, 2 car garage on a .24 AC LOT in the very popular Silver Springs Shores area. This home features a split plan, high ceilings & QUARTZ STONE counters in the KITCHEN, BATHROOMS & WINDOW LEDGES! When you step in side, you will notice the open design with tall ceilings and a split floor plan. The primary bedroom features an oversized closet & en suite bathroom with A FULLY TILED, EZ ENTRY SHOWER & linen closet. The kitchen, has whisper quiet drawers & UPGRADED cabinets with stylish knobs. Gorgeous sink with a beautiful open view. DELUXE SMART APPLIANCE PACKAGE INCLUDES Stainless steel Fridge, Dishwasher, Stove & Microwave comes with the home. A beautifully patterned Quartz counter island comes with room for chairs. Nearby, you have access to the laundry room & garage via a handy pocket door. Across the house, the secondary rooms share the bathroom and will have good space for a full size bedroom set, office, or a game room. The choices are endless! Ample closet space has been supplied as well for all of their storage needs. The .24 acre lot gives you plenty of room for all of your toys! NOT IN AN HOA so you are free to build a fence, add a pool, do what you want, how you want! On a well and septic system so NO UTILITY BILLS is also a great plus! If you install back up power in preparation for any possible outage, you will still have use of water and sewer as long as you have electric! Close enough to give you access to Belleview, Summerfield, The Villages, The Interstate and beyond. Less than 12 min to Wal-Mart, Publix, Aldi & Save a Lot, The post office, 3 auto parts stores & car washes as well as many food & medical offices nearby for ease. A short drive in either direction will lead to Ocala's downtown square or to our famous Lake Weir, where you can boat, kayak, jet ski, or enjoy a meal on the lake over looking the sunset. USDA, First Time Homebuyer & Veteran friendly! Almost completed, you can be in QUICKLY!

Getting Around

11
WalkingCar-Dependent
0
TransitNo Nearby Transit
21
BikeSomewhat Bikeable

Schools

1/10
Legacy Elementary SchoolGrades PK-50.2 mi
7/10
Belleview Middle SchoolGrades 6-82.4 mi
3/10
Belleview High SchoolGrades 9-122.3 mi

Construction

Condition

  • Property condition: Completed
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Block,Concrete,Stucco

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Range,Refrigerator
  • Laundry features: Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s),Living Room/Dining Room Combo,Open Floorplan,Split Bedroom,Stone Counters,Thermostat,Walk-In Closet(s)
  • Flooring: Vinyl

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,792
  • Total interior livable area: 1,380 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Primary Bedroom

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

Property

Details

  • Parcel number: 9024060102
  • Zoning: R1
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Lighting

Lot

  • Lot size: 10,454 sqft
  • Lot size dimensions: 79 x 131

Parking

  • Total spaces: 2
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Hurricane
Lightning
Tornado
Cold Wave
Inland Flooding
Strong Wind
Wildfire

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 $1,314$15,768
Home Insurance *$246$2,952
Property Taxes $156$1,872
Electricity $197$2,366
Total$1,913$22,956
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$65,588/yr
40% on housing$57,390/yr
45% on housing$51,013/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

$188This listing

vs Other Active Listings

Avg $/sqft

ZIP 34480$218
Marion County$208

vs Homes Sold Last Month

Median $/sqft

ZIP 34480$173
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)

Price History

DateEventPrice
2026-05-13Price change$267,000
2026-03-27Listed for sale$270,000
2024-04-30Sold$25,000
2019-06-24Sold$6,500
2019-03-25Sold$1,700

New Construction

AgentTracy Martinez
BrokerageEXP REALTY LLC

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