3516 E COVE PARK TRAIL, HERNANDO, FL, 34442
Active4 days on marketListed Sep 16, 2026MLS #OM732407
About this home
3516 E COVE PARK TRAIL
See Realtor Remarks: RARE OPPORTUNITY IN THE SOUGHT AFTER LAKESIDE COMMUNITY OF ARBOR LAKES!! This is your chance to build your dream home and start LIVING THE DREAM!! Flat parcel of land in a wonderful location within this community that offers a clubhouse with a full kitchen and a calendar full of events to partake in, boat ramp with direct access to the Tsala Apopka chain of lakes, a fishing pier, walking trails alongside the lake, BBQ/picnic area, heated community pool, pickleball, shuffleboard, and more. There is also a RV/boat storage facility within Arbor Lakes for a current fee of less than $550 a year and just a couple spots left. This is a very buildable lot with room for a pool if desired and all that is needed is hooking up to the Citrus Water/Sewer! The quarterly HOA's include garbage, high speed internet/cable, legal/accounting, road maintenance, common ground maintenance, building maintenance and gate management. Underground utilities as well. This is a MUST SEE!!
Facts & features
The home at a glance
0.16 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.
$477 /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
$477/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 Hernando
Get to know Hernando. See the full Hernando guide →
HERNANDO 34442 — neighborhood snapshot
Population
16,356
Median age
65.7
Median income
$55,473
Median home value
$295,900
Avg household
2.03
Households w/ children
868
For the school run
Citrus County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Hernando market
$326K → $340K
Hernando median sold, yr/yr
95.0%
Sale-to-list ratio (12 mo)
Median sold price, Hernando, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 92% below the HERNANDO 34442 median. See the full Hernando market guide →
Paper trail
This home's history
Reality check
What actually sold near 3516 E COVE PARK TRAIL
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$257,500
3622 E ARBOR LAKES DRIVE · same community
3 bd · 2 ba · 1,599 sqft · $161/sqft · 79 DOM
Sold · Jun ’26$282,400
3605 E LAKE TODD DRIVE · same community
3 bd · 2 ba · 1,648 sqft · $171/sqft · 45 DOM
Sold · Apr ’26$210,000
3548 E COVE PARK TRAIL · same community
3 bd · 2 ba · 1,704 sqft · $123/sqft · 55 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
Bridget McLennon
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 3516 E COVE PARK TRAIL — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 3516 E COVE PARK TRAIL — before you fall in love.
See it in person
Schedule a tour
Live availability from Bridget's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
3516 E COVE PARK TRAIL FAQs
What would the monthly payment be for 3516 E COVE PARK TRAIL?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $477/mo — principal and interest, the actual property-tax bill, the $172/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 3516 E COVE PARK TRAIL?+
The association fee works out to $172 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 3516 E COVE PARK TRAIL?+
The most recent tax bill on record (2025) was $231. 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 3516 E COVE PARK TRAIL?+
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 Hernando?+
At $19,900, this home is listed about 95% below the Hernando median of $379,500. The market section on this page shows how the area is trending.
Which schools are assigned to 3516 E COVE PARK TRAIL?+
Citrus Springs Middle School (middle), Central Ridge Elementary School (elementary), Citrus High School (high) — Citrus County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of CENTURY 21 J.W.MORTON R.E. · Wayne Buhler. MLS #OM732407.
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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