CENTURY 21 Edge

TBD HIGHWAY 42, SUMMERFIELD, FL, 34491

Active313 days on marketListed Sep 28, 2025MLS #G5102619

Priced 80% below the SUMMERFIELD 34491 medianReduced $10KORANGE BLOSSOM HILLS UN 02

About this home

TBD HIGHWAY 42

This exceptional residential lot offers a fantastic opportunity to build in one of the most convenient locations near The Villages. Situated off Highway 42, directly across from The Villages Mulberry shopping area and just down the road from the Veterans Administration Clinic, this property provides unparalleled access to shopping, healthcare, dining, banking, and entertainment options. The proximity to The Villages amenities makes this an ideal spot for those seeking a vibrant, active lifestyle. Located in the family-friendly Orange Blossom Hills neighborhood, this lot measures 75 feet by 125 feet and is zoned residential, offering ample space for your new home or investment. With no HOA fees or bond obligations, you have the flexibility to create your ideal residence without restrictions. The church and Walgreens are within walking distance, adding convenience for everyday needs. Nearby amenities include Lake Weir for boating and fishing, perfect for outdoor enthusiasts. Central Florida’s diverse recreational opportunities are also within easy reach—enjoy sunset watching, horseback riding, mountain biking, pickleball, and yoga. This location’s perfect blend of convenience, outdoor activities, and community amenities makes it a truly outstanding opportunity. Don’t miss your chance to own a piece of this thriving area in Marion County, Florida. Parcel ID information is available upon request.

Facts & features

The home at a glance

0.22 ac

Lot size

Inside

Outside & construction

FacesSouth

Community & fees

Taxes (2024)$437/yr

Utilities & systems

UtilitiesElectrical Nearby
WaterWell Required

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$545 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$324
FHA mortgage insurance (est.)$24
Property tax — 2024 actual bill$36
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $1,925Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $1,925
Interest rate6.00%
Loan term

Estimated payment

$545/mo

Principal & interest$324
FHA mortgage insurance (est.)$24
Property taxes (actual bill)$36
Est. insurance$160

Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Where it sits

Inside Summerfield

Map of TBD HIGHWAY 42

Drive times from this address

Downtown Orlando72 min
Universal Orlando74 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Summerfield. See the full Summerfield guide →

SUMMERFIELD 34491 — neighborhood snapshot

Population

32,369

Median age

54.4

Median income

$65,900

Median home value

$253,100

Avg household

2.3

Households w/ children

2,632

For the school run

Marion County School District

MiddleLake Weir Middle School★★★★
ElementaryHarbour View Elementary School★★★★★
HighLake Weir High School★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Summerfield market

Seller’s marketLeans seller4.5 months of inventoryBuyer’s market

$279K$276K

Summerfield median sold, yr/yr

96.8%

Sale-to-list ratio (12 mo)

Median sold price, Summerfield, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 80% below the SUMMERFIELD 34491 median. See the full Summerfield market guide →

Paper trail

This home's history

CurrentPrice reduced to $55,000 $10K
Sep 28, 2025Listed at $65,000 · 313 days on market since

Reality check

What actually sold near TBD HIGHWAY 42

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

16335 SE 88TH AVENUESold · Sep ’25

$270,000

16335 SE 88TH AVENUE · same community

3 bd · 2 ba · 1,300 sqft · $208/sqft · 15 DOM

16374 SE 88TH AVENUESold · Feb ’26

$285,000

16374 SE 88TH AVENUE · same community

4 bd · 2 ba · 1,644 sqft · $173/sqft · 257 DOM

8822 SE 164TH PLACESold · Apr ’26

$327,000

8822 SE 164TH PLACE · same community

3 bd · 2 ba · 1,703 sqft · $192/sqft · 107 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Leliana Vazquez

Your agent

Leliana Vazquez

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about TBD HIGHWAY 42 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for TBD HIGHWAY 42 — before you fall in love.

See it in person

Schedule a tour

Live availability from Leliana's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

TBD HIGHWAY 42 FAQs

What would the monthly payment be for TBD HIGHWAY 42?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $545/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on TBD HIGHWAY 42?+

The most recent tax bill on record (2024) was $437. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in Summerfield?+

At $55,000, this home is listed about 81% below the Summerfield median of $289,900. The market section on this page shows how the area is trending.

Which schools are assigned to TBD HIGHWAY 42?+

Lake Weir Middle School (middle), Harbour View Elementary School (elementary), Lake Weir High School (high) — Marion County School District. Always verify school assignments with the district before relying on them.

The brief

Three things that matter here

01Under the SUMMERFIELD 34491 market on paper

$55,000 is 80% below the SUMMERFIELD 34491 median of $275,000.

02Time on market is leverage

313 days on market against a Summerfield median of 51 — sellers in this position are usually ready to negotiate.

03The price has already moved

Listed at $65,000, now $55,000 — a $10K cut. The full history is in the market section below.

Listing courtesy of BASSETT PREMIER REALTY INC · Sharon Bassett. MLS #G5102619.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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TBD HIGHWAY 42, SUMMERFIELD, FL — $55,000 | CENTURY 21 Edge