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6581 S Magnolia Ave, Ocala, FL, 34480

5beds
4baths
3,920sqft
$920,000
$235price/sqft
$6,988/moest. monthly cost
$279,520/yrincome needed

About This Home

One or more photo(s) has been virtually staged. Tucked away beneath a canopy of mature trees, this grand two-story home feels like a private sanctuary at the end of a long, quiet drive. With five bedrooms, three and a half baths, and over 3,000 square feet of charm, it’s a place where elegance and warmth live in harmony. Inside, sunlight pours across rich engineered hardwood floors, crown molding frames each room, and thoughtful details make the home feel both refined and inviting. The formal dining room was made for gatherings, the cozy fireplace anchors the living space, and the downstairs study offers a quiet corner for focus or reflection. The expanded primary suite is its own retreat, complete with a sunroom for morning coffee and a spacious bath for unwinding at day’s end. Upstairs, a bonus room carries the air of a library or sitting room, perfect for curling up with a good book. Freshly painted, with new flooring in the kitchen and study, a new screen enclosure on the lanai, and all-new windows and hot water heater. The home oozes with timeless character. And beyond the walls, the land itself is something special—zoned for horses, draped in privacy, and set far from the road, it offers space to breathe and grow. This isn’t just a house. It’s a home with presence, charm, and soul—ready for its next chapter.

Getting Around

2
WalkingCar-Dependent
0
TransitNo Nearby Transit
20
BikeSomewhat Bikeable

Schools

6/10
7/10
Belleview Middle SchoolGrades 6-84.5 mi
3/10
Belleview High SchoolGrades 9-124.2 mi

Construction

Condition

  • Year built: 1992

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Stucco

Type & Style

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

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Dryer,Refrigerator,Washer
  • Laundry features: Electric Dryer Hookup,Inside,Laundry Room,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Dining Room

  • Level: First

Features

  • Built-in Features,Ceiling Fan(s),Crown Molding,High Ceilings,Primary Bedroom Main Floor,Solid Surface Counters,Split Bedroom,Thermostat
  • Flooring: Engineered Hardwood,Luxury Vinyl
  • Fireplace features: Family Room,Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,920
  • Total interior livable area: 3,920 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Primary Bathroom

  • Level: First

Primary Bedroom

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

Property

Details

  • Parcel number: 3602600900
  • Zoning: A1
  • Special condition: None

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Garden,Private Mailbox

Lot

  • Lot size: 5 Acres
  • Lot size dimensions: 313 x 647

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
  • Wildfire
    WildfireRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Hurricane
Lightning
Tornado
Wildfire
Cold Wave
Inland Flooding
Strong Wind

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 $4,652$55,824
Home Insurance *$871$10,452
Property Taxes $1,071$12,852
Electricity $394$4,733
Total$6,988$83,856
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$239,588/yr
40% on housing$209,640/yr
45% on housing$186,346/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

$235This listing

vs Other Active Listings

Avg $/sqft

ZIP 34480$216
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
2026-02-04Price change$945,000
2025-10-04Listed for sale$995,000

For Sale by Agent

AgentLucinda Striker
BrokerageCOMPASS FLORIDA LLC

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