CENTURY 21 Edge
$239,900$259,9003 bd2 ba1,707 sqft$141 /sqft≈$1,752 /mo all-in ↓

505 HICKORY ROAD, INVERNESS, FL, 34450

Active24 days on marketListed Sep 18, 2026MLS #OM732467

✦ Reduced $20KSingle Family ResidenceGREGORY HEIGHTS

About this home

505 HICKORY ROAD

Some homes are simply charming, and this is one of them. Tucked away in the heart of downtown Inverness, this 1950 block home offers over 1,700 square feet of living space, an incredible amount of character, and a setting that feels worlds away from the hustle and bustle. From the moment you arrive, the mature landscaping and timeless charm set the tone for a home that has been thoughtfully cared for and extensively updated over the years. Step inside and you’ll find a warm, inviting layout with beautiful flooring, updated finishes, and custom storage upgrades designed to reflect a modern life. The spacious living room flows into the dining area and the truly impressive kitchen. In the kitchen you will find crisp cabinetry, butcher block countertops, a large island, coffee bar, pantry storage, and newer appliances. Throughout the home, thoughtful details like built-ins, custom shelving, accent walls, updated lighting, and carefully selected finishes add personality without sacrificing comfort. The flexible floor plan offers three bedrooms, two bathrooms, and additional rooms that can be tailored to your lifestyle. Additional rooms are currently used as a family room, homeschool room, and library. The primary suite offers generous space and a private retreat, while the updated bathrooms continue the home’s blend of character. And then there’s the backyard. This is truly one of the highlights of this property. Mature gardens, established fruit trees, garden beds, pollinator and butterfly areas, a bird area, patios, fencing, and so much more help to create a backyard that feels like its own little world. The gardens are already established and ready for someone to enjoy from day one. The best part? You’re literally in the heart of Inverness, yet the property feels private and tucked away. Avoid traffic and parking by walking to Liberty Park and The Depot. Enjoy the city's annual firework displays from your own backyard! An orange grove sits directly across the street, adding to the peaceful, old Florida feel of the setting, while downtown amenities are just moments away. If you’ve been looking for a home that feels special the moment you pull up, this little Inverness gem is worth seeing in person

Facts & features

The home at a glance

3

Bedrooms

2

Bathrooms

1,707

Sqft

0.33 ac

Lot size

1950

Year built

One

Levels

$141

Per sqft

FireplaceTrees/Woods viewNegotiable

Inside

FlooringLuxury Vinyl
AppliancesDishwasher · Refrigerator
InteriorCeiling Fan(s)
LaundryLaundry Room
CoolingCentral Air · Mini-Split Unit(s)
HeatingHeat Pump
FurnishedNegotiable

Outside & construction

RoofShingle
ConstructionBlock · Stucco
FoundationSlab
ViewTrees/Woods
FacesSouth
ParkingCircular Driveway
ExteriorGarden

Community & fees

Taxes (2025)$882/yr

Utilities & systems

UtilitiesCable Available
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$1,752 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$1,412
FHA mortgage insurance (est.)$106
Property tax — 2025 actual bill$74
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $8,397Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

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

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $8,397
Interest rate6.00%
Loan term

Estimated payment

$1,752/mo

Principal & interest$1,412
FHA mortgage insurance (est.)$106
Property taxes (actual bill)$74
Est. insurance$160

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.

List $240K
$230KedgeAI estimate $277,637 · range $250K–$286K$297K

vs edgeAI estimate

−13.6%

$/sqft vs Inverness actives

$141 vs $179

Days on market

24 vs 69 typical

Where $141/sqft sits among the 253 Inverness actives

49 · this home
83
57
31
16
17
$109–145$145–182$182–218$218–254$254–290$290+

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 Inverness

Drive times from this address

Downtown Orlando≈ 75 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Inverness. See the full Inverness guide →

INVERNESS 34450 — neighborhood snapshot

Population

10,408

Median age

59.5

Median income

$48,955

Median home value

$210,200

Avg household

2.04

Households w/ children

604

For the school run

Citrus County School District

ElementaryInverness Primary School★★★★★
HighCitrus High School★★★★★
MiddleInverness Middle School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Inverness market

Seller’s marketLeans seller — 4.7 months of inventoryBuyer’s market

$235K → $252K

Inverness median sold, yr/yr

96.3%

Sale-to-list ratio (12 mo)

105 of 253

Inverness actives have cut their price

Median sold price, Inverness, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 23% above the INVERNESS 34450 median. See the full Inverness market guide →

Paper trail

This home's history

CurrentPrice reduced to $239,900 ▼ $20K
Sep 18, 2026Listed at $259,900 · 24 days on market since
1950Built · GREGORY HEIGHTS

Reality check

What actually sold near 505 HICKORY ROAD

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

406 WRIGHT STREETSold · May ’26

$239,900

406 WRIGHT STREET

3 bd · 2 ba · 1,706 sqft · $141/sqft · 187 DOM

815 PRITCHARD ISLAND ROADSold · Nov ’25

$235,000

815 PRITCHARD ISLAND ROAD

2 bd · 2 ba · 1,666 sqft · $141/sqft · 13 DOM

712 MAGNOLIA AVENUESold · Sep ’26

$225,000

712 MAGNOLIA AVENUE

3 bd · 2 ba · 1,753 sqft · $128/sqft · 78 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.

Anthony Richardson

Your agent

Anthony Richardson

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 505 HICKORY ROAD — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 505 HICKORY ROAD — 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

505 HICKORY ROAD FAQs

What would the monthly payment be for 505 HICKORY ROAD?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,752/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 505 HICKORY ROAD?+

The most recent tax bill on record (2025) was $882. 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 Inverness?+

At $239,900, this home is listed about 9% below the Inverness median of $265,000. The market section on this page shows how the area is trending.

Which schools are assigned to 505 HICKORY ROAD?+

Inverness Primary School (elementary), Citrus High School (high), Inverness Middle School (middle) — Citrus 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

$239,900 runs 23% above the INVERNESS 34450 median.

02Trees/Woods views

The trees/woods view is part of what you're buying — views hold value independently of the structure.

03The price has already moved

Listed at $259,900, now $239,900 — a $20K cut. The full history is in the market section below.

Listing courtesy of COLDWELL BANKER INVESTORS REAL · Rob Tessmer, Jr.. MLS #OM732467.

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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505 HICKORY ROAD, INVERNESS, FL — 3 Bed, 2 Bath — $239,900 | CENTURY 21 Edge