1640 OLIVIA TERRACE, THE VILLAGES, FL, 34762
Active141 days on marketListed Mar 25, 2026MLS #G5109901
About this home
1640 OLIVIA TERRACE
STUNNING 2023 MOONSTONE VILLA – GOLF CART GARAGE + MODEL-LIKE FINISHES! Welcome to this beautifully upgraded 2023 Moonstone Villa offering approximately 1,300 sq ft of stylish, low-maintenance living in one of the most sought-after areas! Featuring a 1-car garage PLUS a golf cart garage, this home blends convenience, comfort, and luxury. Step inside and you’ll immediately notice the bright, open floor plan filled with natural light and designed for both everyday living and entertaining. The main living areas showcase luxury vinyl flooring, while the bedrooms have added comfort with soft flooring underfoot. The gorgeous kitchen is a true centerpiece, complete with: Quartz countertops & full backsplash Stainless steel appliances (2023) Brand new gas stove Spacious breakfast bar perfect for gathering This home is loaded with upgrades including plantation shutters in the bedrooms, window treatments throughout, and updated lighting fixtures that elevate the entire space. The interior has also been recently painted, giving it that fresh, move-in-ready feel. Enjoy Florida living at its finest on the fantastic screened-in front lanai featuring an epoxy-coated floor, perfect for relaxing with your morning coffee or unwinding in the evening. In addition the side patio is ideal for grilling or entertaining, offering you a great extension of your living area. With the privacy wall behind the home, you’ll enjoy a more secluded and peaceful setting—perfect for hosting friends or enjoying quiet outdoor meals Additional highlights include: Tankless gas water heater, Like-new condition throughout – truly shows like a model home! Prime Location! Just minutes from Franklin Recreation Center with resort-style pool and pickleball courts. Golf lovers will appreciate being close to Jubilee Putting Course, Mickylee Pitch & Putt, and Southern Oaks Championship Course. Enjoy easy access to multiple town squares including Sawgrass Grove, Brownwood Paddock Square, and the exciting new Eastport development. This home is the total package—style, location, and lifestyle. Don’t miss your opportunity to own one of the nicest villas on the market!
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,300
Sqft
0.08 ac
Lot size
1
Garage
2023
Year built
One
Levels
$231
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$2,473 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
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
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,473/mo
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.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−5.1%
$/sqft vs THE VILLAGES
$231 vs $253
Days on market
141 vs 53 typical
Where $231/sqft sits among the 221 homes for sale in THE VILLAGES
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside The Villages
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know The Villages. See the full The Villages guide →
THE VILLAGES 34762 — neighborhood snapshot
Population
580
Median age
31.6
Median income
$80,601
Median home value
$271,000
Avg household
3.1
Households w/ children
71%
For the school run
Lake County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The The Villages market
$365K → $341K
The Villages median sold, yr/yr
96.8%
Sale-to-list ratio (12 mo)
122 of 221
THE VILLAGES have cut their price
Median sold price, The Villages, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 19% below the THE VILLAGES 34762 median. See the full The Villages market guide →
Paper trail
This home's history
Reality check
What actually sold near 1640 OLIVIA TERRACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$160,000
1335 E SCHWARTZ BOULEVARD · same community
2 bd · 2 ba · 1,342 sqft · $119/sqft · 16 DOM
Sold · Nov ’25$183,000
1417 E SCHWARTZ BOULEVARD · same community
2 bd · 2 ba · 1,344 sqft · $136/sqft · 28 DOM
Sold · Dec ’25$225,000
729 AGUA WAY · same community
2 bd · 2 ba · 1,248 sqft · $180/sqft · 119 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.
Your agent
Shawn Headley
Realtor · CENTURY 21 Edge
Tours, negotiation, and every question about 1640 OLIVIA TERRACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1640 OLIVIA TERRACE — before you fall in love.
See it in person
Schedule a tour
Live availability from Shawn's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
1640 OLIVIA TERRACE FAQs
What would the monthly payment be for 1640 OLIVIA TERRACE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,473/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 1640 OLIVIA TERRACE?+
The most recent tax bill on record (2025) was $4,976. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 1640 OLIVIA TERRACE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in The Villages?+
At $300,000, this home is listed about 22% below the The Villages median of $384,900. The market section on this page shows how the area is trending.
Which schools are assigned to 1640 OLIVIA TERRACE?+
Oak Park Middle School (middle), Leesburg Elementary School (elementary), Leesburg High School (high) — Lake County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the THE VILLAGES 34762 market on paper
$300,000 is 19% below the THE VILLAGES 34762 median of $372,000, and at $231/sqft it sits under the The Villages average of $269.
02Time on market is leverage
141 days on market against a The Villages median of 53 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $320,000, now $300,000 — a $20K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of KELLER WILLIAMS ELITE PARTNERS III REALTY · Richard Gullian LLC. MLS #G5109901.
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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