5987 NW 88TH WAY, GAINESVILLE, FL, 32653
Active39 days on marketListed Sep 3, 2026MLS #GC543150
About this home
5987 NW 88TH WAY
Welcome to the enchanting gated community of The Reserve at Millhopper, nestled along the scenic Millhopper Road. Build with Barry Bullard Homes, one of Gainesville's premier builders who earned his reputation through his commitment to providing outstanding design and craftsmanship. The Reserve boasts a collection of 13 meticulously designed 1+ acre lots. Embrace the captivating surroundings as you enter this private haven. The neighborhood offers a pavilion area, complete with a bar area and ample seating for outdoor entertainment amenities to enhance your lifestyle. Tennis and pickleball enthusiasts will delight in the presence of clay tennis courts, providing a place for friendly matches and leisurely rallies. Throughout the development, all utilities are conveniently located underground, preserving the scenic beauty of the community. The Reserve sets a standard of excellence with a minimum home size requirement of 3000 square feet, ensuring that each residence exudes quality and spaciousness. The lot offers unparalleled privacy and seclusion, allowing you to create the home of your dreams.
Facts & features
The home at a glance
1.13 ac
Lot size
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 and the real association fee — not generic estimates.
$4,234 /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
$4,234/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.
Where it sits
Inside Gainesville
Get to know Gainesville. See the full Gainesville guide →
GAINESVILLE 32653 — neighborhood snapshot
Population
15,457
Median age
44.4
Median income
$97,700
Median home value
$273,700
Avg household
2.4
Households w/ children
1,735
For the school run
Alachua County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Gainesville market
$294K → $309K
Gainesville median sold, yr/yr
96.7%
Sale-to-list ratio (12 mo)
Median sold price, Gainesville, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 6% below the GAINESVILLE 32653 median. See the full Gainesville market guide →
Paper trail
This home's history
Reality check
What actually sold near 5987 NW 88TH WAY
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$420,000
7008 NW 44TH PLACE
3 bd · 2 ba · 1,878 sqft · $224/sqft · 0 DOM
Sold · Feb ’26$420,000
7617 NW 42ND AVENUE
4 bd · 2.5 ba · 2,096 sqft · $200/sqft · 335 DOM
Sold · Dec ’25$55,000
4419 NW 69TH STREET
3 bd · 2 ba · 2,211 sqft · $25/sqft · 11 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
John Carpenter
CFO/Broker · CENTURY 21 Edge
Tours, negotiation, and every question about 5987 NW 88TH WAY — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5987 NW 88TH WAY — before you fall in love.
See it in person
Schedule a tour
Live availability from John's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
5987 NW 88TH WAY FAQs
What would the monthly payment be for 5987 NW 88TH WAY?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $4,234/mo — principal and interest, the actual property-tax bill, the $2,100/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 5987 NW 88TH WAY?+
The association fee works out to $2,100 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 5987 NW 88TH WAY?+
The most recent tax bill on record (2025) was $2,805. 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 5987 NW 88TH WAY?+
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 Gainesville?+
At $274,900, this home is listed about 4% below the Gainesville median of $285,000. The market section on this page shows how the area is trending.
Which schools are assigned to 5987 NW 88TH WAY?+
C. W. Norton Elementary School (elementary), Westwood Middle School (middle), Gainesville High School (high) — Alachua County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of COLDWELL BANKER M.M. PARRISH REALTORS · Rana Schafer. MLS #GC543150.
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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