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40 SE CHINICA DRIVE, Summerfield, FL, 34491

2beds
2baths
1,134sqft
$329,900
$291price/sqft
$2,471/moest. monthly cost
$98,840/yrincome needed

About This Home

**3D TOUR AVAILABLE** Updated Waterfront Home | Canal Front | Lake Weir | Bird Island Welcome to 40 SE Chinica Drive, a beautifully updated 2-bedroom, 2-bathroom waterfront home on the highly desirable Bird Island at Lake Weir. Whether you're searching for a Florida waterfront home, retirement home, seasonal getaway, primary residence, or investment property, this move-in-ready home offers the perfect blend of comfort, location, and lifestyle. With over $82,000 in recent improvements, the hard work has already been done. Recent upgrades include a fully renovated kitchen, luxury waterproof vinyl plank flooring throughout, a beautifully remodelled primary bathroom, energy-efficient mini-split A/C systems, Renewal by Andersen windows with plantation shutters, and a heavy-gauge metal roof installed just 18 months ago. Step outside to your private backyard and enjoy a custom dock with direct canal access to Lake Weir, perfect for boating, fishing, kayaking, paddleboarding, or simply relaxing by the water. The fully fenced yard provides privacy, security, and plenty of space for outdoor entertaining. Ideally located just minutes from The Villages, Eaton's Beach Grill, championship golf, shopping, dining, medical facilities, and everyday conveniences, you'll enjoy peaceful waterfront living without sacrificing accessibility. Updated Lake Weir waterfront homes on Bird Island rarely become available. Don't miss this opportunity to own a move-in-ready waterfront property in one of Central Florida's most desirable lakefront communities. Schedule your private showing today.

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 9-125.6 mi

Construction

Condition

  • Year built: 1983

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,Dryer,Range,Refrigerator,Washer,Water Softener
  • Laundry features: In Garage

Bedrooms & Bathrooms

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

Dinette

  • Level: First
  • Area: 120
  • Dimensions: 10x12

Features

  • Walk-In Closet(s)
  • Flooring: Carpet,Vinyl

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,662
  • Total interior livable area: 1,134 sqft

Kitchen

  • Level: First
  • Area: 120
  • Dimensions: 10x12

Living Room

  • Level: First
  • Area: 240
  • Dimensions: 15x16

Primary Bedroom

  • Features: Walk-In Closet(s)
  • Level: First
  • Area: 182
  • Dimensions: 13x14

Property

Details

  • Parcel number: 4786037000
  • Zoning: R-1 SINGLE FAMILY DWELLIN
  • Special condition: None
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Other
  • Has view: Yes
  • View description: Canal
  • Has water view: Yes
  • Water view: Canal
  • On waterfront: Yes
  • Waterfront features: Waterfront,Canal - Freshwater,Freshwater Canal Access

Lot

  • Lot size: 0.40 Acres
  • Features: Cleared
  • Lot size dimensions: 100 x 176

Parking

  • Total spaces: 2
  • Parking features: Garage Door Opener
  • Covered spaces: 2
  • Carport: Yes
  • Carport 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
    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 $1,668$20,016
Home Insurance *$207$2,484
Property Taxes $399$4,788
Electricity $197$2,366
Total$2,471$29,652
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$84,720/yr
40% on housing$74,130/yr
45% on housing$65,893/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

$291This 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)

Price History

DateEventPrice
2026-08-17Price change$324,900
2026-07-01Listed for sale$329,900
2018-11-02Sold$145,000
2017-03-28Listing removed$115,000
2017-03-06Pending sale$115,000
2017-02-27Listed for sale$115,000

For Sale by Agent

AgentMatt Dixon
BrokerageCOMPASS FLORIDA LLC

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