5110 SW COUNTY ROAD 240, LAKE CITY, FL, 32024
Active227 days on marketListed Mar 24, 2026MLS #GC538703
About this home
5110 SW COUNTY ROAD 240
One-of-a-Kind custom brick Luxury Estate situated on four private acres. The circular drive with fountain brings you to the double eight-foot imported Italian entry doors inviting you into a spacious Entryway with travertine and marble flooring. Expansive beam, barrel and coffered ceilings enhance the grand Great Room and other ceilings throughout the residence. Located adjacent to the Great Room is a truly gourmet Kitchen providing professional appliances, granite counters, custom cabinetry and an Island with seating for eight. A complete Butler's Pantry doubles as a coffee bar with granite counters, sink, icemaker and dishwasher. The Breakfast Nook is a nice informal area to enjoy your mornings or a light lunch. Entertaining is both easy and enjoyable. The large Owner's Suite features a coffered ceiling, marble vanities, a relaxing soaking tub and walk-in shower, large custom closet and a private garden patio. All bedrooms provide access to either a private or semi-private bath. Upstairs, and away from first floor activities, you find an expansive Bonus Room that may serve as an attached In-Law Suite, Game Room or Theater with adjoining bedroom and bath. Adjacent to the Main Residence is a matching custom brick Guest House awaiting your personal finishing touches. Step outside to enjoy the covered back and side porches with cypress ceilings and slate flooring. The property is served by a timed sprinkler system and includes a separate one acre buildable lot with road frontage. In addition, a new 20X40 three-bay RV storage building with overhead doors accommodates additional vehicles with plenty of room for your workshop. Come take advantage of all North Florida has offer with Lake City, Gainesville, Saint Augustine and Ocala horse country within easy driving distance. Treat yourself to this unique Luxury Residence offering true craftsmanship, comfortable living and timeless luxury.
Facts & features
The home at a glance
4
Bedrooms
5
Bathrooms
4,921
Sqft
4.01 ac
Lot size
4
Garage
2012
Year built
Two
Levels
$193
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.
$7,416 /mo · 10% down Conventional, 30-yr fixed at 7.5%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
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
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$7,416/mo
Includes estimated PMI — it drops off once you reach 20% equity. 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.
Can I afford this home? → See what you can comfortably afford from your income, debts and savings.
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 Lake City actives
$193 vs $179
Days on market
227 vs 83 typical
Where $193/sqft sits among the 61 Lake City 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 Lake City
Get to know Lake City. See the full Lake City guide →
LAKE CITY 32024 — neighborhood snapshot
Population
20,644
Median age
44.2
Median income
$62,066
Median home value
$201,700
Avg household
2.6
Households w/ children
2,304
For the school run
Columbia County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Lake City market
$206K → $332K
Lake City median sold, yr/yr
95.5%
Sale-to-list ratio (12 mo)
35 of 61
Lake City actives have cut their price
Median sold price, Lake City, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 130% above the LAKE CITY 32024 median. See the full Lake City market guide →
Paper trail
This home's history
Reality check
What actually sold near 5110 SW COUNTY ROAD 240
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Sep ’26$849,000
518 SW LITTLE ROAD
3 bd · 5 ba · 4,800 sqft · $177/sqft · 67 DOM
Sold · Jul ’26$670,000
137 SW MEADOW TERRACE
4 bd · 3 ba · 3,272 sqft · $205/sqft · 156 DOM
Sold · Jan ’26$425,000
208 SW FREEMAN GLEN
3 bd · 2 ba · 2,800 sqft · $152/sqft · 17 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
Anthony Richardson
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 5110 SW COUNTY ROAD 240 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5110 SW COUNTY ROAD 240 — before you fall in love.
See it in person
Schedule a tour
Live availability from Anthony's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
5110 SW COUNTY ROAD 240 FAQs
What would the monthly payment be for 5110 SW COUNTY ROAD 240?+
With 10% down on a 30-year Conventional loan at 7.5%, the all-in payment lands around $7,416/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 5110 SW COUNTY ROAD 240?+
The most recent tax bill on record (2025) was $11,056. 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 Lake City?+
At $950,000, this home is listed about 147% above the Lake City median of $384,025. The market section on this page shows how the area is trending.
Which schools are assigned to 5110 SW COUNTY ROAD 240?+
Columbia City Elementary School (elementary) — Columbia 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
$950,000 runs 130% above the LAKE CITY 32024 median — but at 4,921 sqft it's also nearly twice the size of the typical Lake City listing.
02Time on market is leverage
227 days on market against a Lake City median of 83 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $1,450,000, now $950,000 — a $500K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of COLDWELL BANKER M.M. PARRISH REALTORS · Dennis Clayton. MLS #GC538703.
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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