CENTURY 21 Edge
$279,900$289,9003 bd2 ba1,794 sqft$156 /sqft$2,566 /mo all-in ↓

1508 SW 161ST PLACE, OCALA, FL, 34473

Active66 days on marketListed May 31, 2026MLS #G5113101

Reduced $10KSingle Family ResidenceSUMMERGLEN PH 06-B

About this home

1508 SW 161ST PLACE

No Rear Neighbors! Enjoy the perfect outdoor space for entertaining, relaxing, or enjoying peaceful backyard views from the large screened and covered lanai. This beautifully maintained home features a new roof in 2022 and a completely remodeled kitchen in 2019 loaded with upgrades, including quartz countertops, a farmhouse sink, tile backsplash, stainless steel appliances, slow close cabinets and drawers, pull out shelving, a large island, two spacious pantry closets, abundant counter space, and a sunny kitchen nook. The spacious floor plan offers a large living area with room for formal dining and a desirable split bedroom layout. Guest bedrooms feature generously sized closets, while the primary suite offers a large walk in closet, dual vanities, a tiled walk in shower, and a linen closet. Additional features include a large laundry room, water filtration system, and an oversized garage with a dedicated golf cart garage. Located in a premier gated golf community packed with amenities, residents enjoy a resort style pool and spa, pickleball and tennis courts, softball field, RV parking, dog park, playground, bocce ball, over 70 clubs, social activities, and so much more. HOA fees include internet, lawn mowing and edging, garbage service, and access to all community amenities. Conveniently located just minutes from I 75, the Florida Horse Park, The Villages, shopping, dining, and the popular town squares. This fantastic home is priced to sell. Come see all that this wonderful home and community have to offer!

Facts & features

The home at a glance

3

Bedrooms

2

Bathrooms

1,794

Sqft

0.17 ac

Lot size

3

Garage

2012

Year built

One

Levels

$156

Per sqft

Park/Greenbelt view55+ communityPets allowed

Inside

FlooringCeramic Tile · Laminate
AppliancesDishwasher · Disposal · Range · Refrigerator · Water Filtration System
InteriorCeiling Fan(s) · High Ceilings · Open Floorplan · Primary Bedroom Main Floor · Solid Surface Counters · Split Bedroom · Walk-In Closet(s)
LaundryInside
CoolingCentral Air
HeatingCentral · Natural Gas

Outside & construction

RoofShingle
ConstructionBlock · Stucco
FoundationSlab
ViewPark/Greenbelt
FacesNortheast
ParkingGolf Cart Garage
ExteriorIrrigation System · Lighting · Sidewalk · Sliding Doors

Community & fees

HOA fee$390/mo
Taxes (2025)$2,937/yr
PetsYes
CommunityClubhouse · Deed Restrictions · Dog Park · Fitness Center · Gated Community - Guard · Golf Carts OK · Golf · Playground · Pool · Restaurant · Sidewalks · Tennis Court(s)

Utilities & systems

UtilitiesElectricity Connected
WaterPublic

The numbers

What it really costs

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

$2,566 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$1,648
FHA mortgage insurance (est.)$124
Property tax — 2025 actual bill$245
HOA fee — from the listing$390
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $9,797Loan30-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% · $9,797
Interest rate6.00%
Loan term

Estimated payment

$2,566/mo

Principal & interest$1,648
FHA mortgage insurance (est.)$124
Property taxes (actual bill)$245
HOA / condo fee$390
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.

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.

List $280K
$255KedgeAI estimate $277,942 · range $266K$293K$305K

vs edgeAI estimate

+0.7%

$/sqft vs Ocala actives

$156 vs $187

Days on market

66 vs 49 typical

Where $156/sqft sits among the 400 Ocala actives

164 · this home
162
35
8
9
22
$127–178$178–229$229–281$281–332$332–383$383+

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 Ocala

Map of 1508 SW 161ST PLACE

Get to know Ocala. See the full Ocala guide →

OCALA 34473 — neighborhood snapshot

Population

25,030

Median age

39.4

Median income

$70,559

Median home value

$242,400

Avg household

2.98

Households w/ children

3,117

For the school run

Marion County School District

MiddleHorizon Academy At Marion Oaks★★★★
ElementarySunrise Elementary School★★★★
HighDunnellon High School★★★★★

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

The numbers that matter

The Ocala market

Seller’s marketLeans seller4.8 months of inventoryBuyer’s market

$285K$285K

Ocala median sold, yr/yr

97.4%

Sale-to-list ratio (12 mo)

162 of 400

Ocala actives have cut their price

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

This home is listed 12% above the OCALA 34473 median. See the full Ocala market guide →

Paper trail

This home's history

CurrentPrice reduced to $279,900 $10K
May 31, 2026Listed at $289,900 · 66 days on market since
2012Built · SUMMERGLEN PH 06-B

Reality check

What actually sold near 1508 SW 161ST PLACE

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

16116 SW 15TH COURTSold · Jul ’26

$429,000

16116 SW 15TH COURT · same community

3 bd · 2 ba · 2,287 sqft · $188/sqft · 155 DOM

1377 SW 161ST PLACESold · May ’26

$300,000

1377 SW 161ST PLACE · same community

3 bd · 2 ba · 2,393 sqft · $125/sqft · 203 DOM

1427 SW 161ST STREETSold · Apr ’26

$415,000

1427 SW 161ST STREET · same community

4 bd · 3 ba · 2,837 sqft · $146/sqft · 271 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.

Alek Cherrone

Your agent

Alek Cherrone

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 1508 SW 161ST PLACE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 1508 SW 161ST PLACE — before you fall in love.

See it in person

Schedule a tour

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

Straight answers

1508 SW 161ST PLACE FAQs

What would the monthly payment be for 1508 SW 161ST PLACE?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,566/mo — principal and interest, the actual property-tax bill, the $390/mo association fee 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.

How much are the HOA fees at 1508 SW 161ST PLACE?+

The association fee works out to $390 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 1508 SW 161ST PLACE?+

The most recent tax bill on record (2025) was $2,937. 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 1508 SW 161ST PLACE?+

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 Ocala?+

At $279,900, this home is listed about 6% below the Ocala median of $299,000. The market section on this page shows how the area is trending.

Which schools are assigned to 1508 SW 161ST PLACE?+

Horizon Academy At Marion Oaks (middle), Sunrise Elementary School (elementary), Dunnellon 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

01Positioned at the premium end

$279,900 runs 12% above the OCALA 34473 median.

02Park/Greenbelt views

The park/greenbelt view is part of what you're buying — views hold value independently of the structure.

03The price has already moved

Listed at $289,900, now $279,900 — a $10K cut. The full history is in the market section below.

Listing courtesy of WATSON REALTY CORP · Nancy McCloskey. MLS #G5113101.

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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