40316 GRAYS AIRPORT ROAD, LADY LAKE, FL, 32159
Active14 days on marketListed Aug 18, 2026MLS #G5116539
About this home
40316 GRAYS AIRPORT ROAD
Welcome to this beautifully maintained 3-bedroom, 2-bathroom manufactured home built in 2014, offering 1,949 square feet of comfortable, thoughtfully designed living space. This well-cared-for home features major updates, including a NEW HOT WATER HEATER AND HVAC SYSTEM installed in 2026. The adjoining kitchen and dining area provide a functional, inviting flow for everyday living and entertaining. The kitchen features NEWER STAINLESS-STEEL APPLIANCES, including a built-in oven, smooth-top range, overhead hood, and ample counter space for meal preparation. The open layout makes serving and gathering easy, whether enjoying a casual meal or hosting guests. The spacious primary suite offers a peaceful retreat with a generous walk-in closet and a large private bathroom with accessibility features. A split-bedroom layout provides added privacy for family members or guests. The expansive family room is ideal for relaxing and entertaining, featuring a cozy fireplace, dedicated bar area, and plenty of space for gatherings. Outdoors, the beautifully landscaped property is fully enclosed with vinyl fencing and includes a concrete patio, three storage sheds, and an 11' x 7' greenhouse—perfect for gardening enthusiasts. The front porch and back stairs feature durable, low-maintenance Trex decking. This inviting home offers a wonderful blend of comfort, updates, and functional indoor-outdoor living. A must-see property for buyers seeking space, convenience, and pride of ownership.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,949
Sqft
0.32 ac
Lot size
2014
Year built
One
Levels
$115
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.
$1,799 /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
$1,799/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.
$/sqft vs Lady Lake actives
$115 vs $204
Days on market
14 vs 60 typical
Where $115/sqft sits among the 191 Lady Lake actives
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 Lady Lake
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Lady Lake. See the full Lady Lake guide →
LADY LAKE 32159 — neighborhood snapshot
Population
30,846
Median age
68.7
Median income
$57,536
Median home value
$272,100
Avg household
1.83
Households w/ children
1,240
For the school run
Sumter County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Lady Lake market
$306K → $320K
Lady Lake median sold, yr/yr
96.5%
Sale-to-list ratio (12 mo)
95 of 191
Lady Lake actives have cut their price
Median sold price, Lady Lake, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 28% below the LADY LAKE 32159 median. See the full Lady Lake market guide →
Paper trail
This home's history
Reality check
What actually sold near 40316 GRAYS AIRPORT ROAD
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jan ’26$339,500
39926 PARKINSONIA STREET · same community
4 bd · 2 ba · 1,631 sqft · $208/sqft · 326 DOM
Sold · Apr ’26$175,000
40212 GRAYS AIRPORT ROAD · same community
3 bd · 2 ba · 1,184 sqft · $148/sqft · 5 DOM
Sold · Jun ’26$240,000
40206 PALM STREET · same community
3 bd · 2 ba · 1,049 sqft · $229/sqft · 13 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
Colleen Brown
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 40316 GRAYS AIRPORT ROAD — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 40316 GRAYS AIRPORT ROAD — before you fall in love.
See it in person
Schedule a tour
Live availability from Colleen's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
40316 GRAYS AIRPORT ROAD FAQs
What would the monthly payment be for 40316 GRAYS AIRPORT ROAD?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,799/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 40316 GRAYS AIRPORT ROAD?+
The most recent tax bill on record (2025) was $2,584. 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 Lady Lake?+
At $225,000, this home is listed about 34% below the Lady Lake median of $339,000. The market section on this page shows how the area is trending.
Which schools are assigned to 40316 GRAYS AIRPORT ROAD?+
Wildwood Elementary School (elementary) — Sumter County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of KELLER WILLIAMS CORNERSTONE RE · Tammy Kline. MLS #G5116539.
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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