398 S MARION AVENUE, LAKE CITY, FL, 32025
Active39 days on marketListed Aug 12, 2026MLS #GC542546
About this home
398 S MARION AVENUE
Step back in time without sacrificing modern convenience in this beautifully restored 1926 historic home, ideally located in the sought-after Lake Isabella Historic District in the heart of downtown Lake City. Offering 2,079 heated square feet (2,673 total square feet), this timeless two-story residence has been thoughtfully renovated to preserve its original character while providing today's most desired updates. From the moment you arrive, you'll be captivated by the expansive covered front porch, classic architecture, and side portico. Inside, soaring 9+ foot ceilings, freshly painted interiors, original glass doorknobs, and gorgeous hardwood floors create a warm, inviting atmosphere filled with historic charm. The home has undergone extensive improvements, including a roof in 2020, updated plumbing and electrical systems, new fixtures and chandeliers, 5/8-inch drywall throughout, spray foam attic insulation, and new rolled insulation in the walls—offering the comfort and efficiency of a modern home while maintaining its historic appeal. The kitchen features KitchenAid stainless steel appliances, porcelain tile flooring, and ample space for gathering. Matching porcelain tile continues into the laundry room and bathrooms, while the hardwood floors extend throughout the remaining living spaces and bedrooms. A rare and highly desirable feature is the detached two-story carriage house, offering two covered parking spaces below and a private 1-bedroom, 1-bath apartment above with its own screened porch. Whether used for multi-generational living, guests, a home office, or rental income, this versatile space adds tremendous value and flexibility. Located just blocks from downtown Lake City's shops, restaurants, parks, and community events, this one-of-a-kind property blends nearly a century of history with the peace of mind of extensive modern updates. This is a rare opportunity to own one of Lake City's beautifully restored historic homes, where timeless architecture meets modern comfort and versatility.
Facts & features
The home at a glance
4
Bedrooms
3
Bathrooms
2,079
Sqft
0.32 ac
Lot size
2
Garage
1926
Year built
Two
Levels
$171
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.
$2,607 /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
$2,607/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 Lake City actives
$171 vs $191
Days on market
39 vs 72 typical
Where $171/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 32025 — neighborhood snapshot
Population
23,268
Median age
39.5
Median income
$47,074
Median home value
$184,900
Avg household
2.35
Households w/ children
2,322
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
$325K → $292K
Lake City median sold, yr/yr
95.7%
Sale-to-list ratio (12 mo)
30 of 61
Lake City actives have cut their price
Median sold price, Lake City, trailing 36 months (3-month rolling) · live MLS data.
Paper trail
This home's history
Reality check
What actually sold near 398 S MARION AVENUE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$285,000
822 NW PALM DRIVE
3 bd · 2 ba · 2,176 sqft · $131/sqft · 57 DOM
Sold · Dec ’25$165,000
579 SE BAYA DRIVE
3 bd · 2 ba · 1,878 sqft · $88/sqft · 17 DOM
Sold · Jan ’26$240,000
432 SW THERESA COURT
5 bd · 2.5 ba · 1,865 sqft · $129/sqft · 28 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
Moe Thouk Oo
Licensed Realtor® · CENTURY 21 Edge
Tours, negotiation, and every question about 398 S MARION AVENUE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 398 S MARION AVENUE — before you fall in love.
See it in person
Schedule a tour
Live availability from Moe's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
398 S MARION AVENUE FAQs
What would the monthly payment be for 398 S MARION AVENUE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,607/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 398 S MARION AVENUE?+
The most recent tax bill on record (2025) was $2,400. 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 $355,000, this home is listed about 12% below the Lake City median of $403,025. The market section on this page shows how the area is trending.
Which schools are assigned to 398 S MARION AVENUE?+
Columbia High School (high), Eastside Elementary School (elementary) — Columbia County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of BOSSHARDT REALTY SERVICES LLC · Kristine Wendig. MLS #GC542546.
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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