$714,000
$85K PRICE DROP

11311 NE 40th Street Rd Silver Springs, FL 34488

Estimated payment $4,290/month

Total Views 4,412
3 Beds
2.5 Baths
3,762 Sq Ft
$190 Price per Sq Ft

Highlights

  • Open Floorplan
  • Bonus Room
  • No HOA
  • Deck
  • Stone Countertops
  • Covered Patio or Porch

About This Home

Charming Country Retreat on 5 Acres – Upgraded Home with Modern Comforts & Nature All Around!

Welcome to your peaceful paradise! Nestled on 5 serene, fully fenced and gated acres, this beautifully remodeled home offers the perfect blend of quiet country living and convenience—just minutes from town, local amenities, Silver Springs State Park, and only an hour to Ormond Beach.

This turnkey 3-bedroom, 2.5-bath home was completely upgraded including a new roof (2019), new AC (2019), and high-speed fiber optic internet availability—perfect for remote work or streaming in style.

The heart of the home is the brand-new kitchen, a dream for any cook or baker, with all new appliances, two dishwashers, and a rare butler's/back kitchen setup for seamless entertaining or prepping.

Both bathrooms are fully renovated, and the entire home boasts new flooring, lighting, and fresh paint. The spacious multipurpose room with a custom bar flows effortlessly to the large screened lanai featuring a hot tub—a true entertainer’s delight!

Outdoors, enjoy the Florida sunshine, fruit trees, and the quietness of your private acreage. A large workshop/barn with new roof provides ample room for hobbies, storage, or business needs.

Whether you're seeking a tranquil lifestyle or a home designed for gatherings and guests, this property has it all—privacy, nature, convenience, and style.

Don’t miss this rare find—schedule your private showing today!

Listing Agent

Amy Denesha

KINGDOM KEY REALTY GROUP License #3405388 Listed on: 04/12/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,885

Year Built

  • Built in 1994

Lot Details

  • 5.46 Acre Lot
  • South Facing Home
  • Property is zoned A1

Home Design

  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Cement Siding
  • Block Exterior
  • Stone Siding

Interior Spaces

  • 3,762 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Electric Fireplace
  • French Doors
  • Family Room Off Kitchen
  • Living Room
  • Bonus Room
  • Storage Room
  • Security Gate

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Rain Gutters

Schools

  • East Marion Elementary School
  • Ft Mccoy Middle School
  • Lake Weir High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • 1 Water Well
  • Electric Water Heater
  • 1 Septic Tank
  • High Speed Internet
  • Phone Available

Community Details

  • No Home Owners Association
  • Grahamville Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,885

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Cement Siding, Stone, Frame
  • Fireplace: Yes
  • Living Area: 3762
  • Lot Size Acres: 5.46
  • New Construction: No
  • Year Built: 1994
  • Building Area Total: 4504
  • Lot Size Sq Ft: 237838
  • Directions to Property: From downtown Ocala take 40 east. Take left onto Salt Spring Highway. Take Right onto NE 40th Street Road. Home will be on left hand side. Look for sign.
  • Status: Active
  • Street Direction: NE
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow City: Ocala
  • Escrow Postal Code: 34471
  • Escrow State: FL
  • Escrow Street Name: SE 15th Ave.
  • Escrow Street Number: 1890
  • List Office Head Office Key Nume: 737969218
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 189.79
  • Total Acreage: 5 to less than 10
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Electric, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Tile, Vinyl
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Touchless Faucet, Washer
  • Foundation Details: Block, Pillar/Post/Pier, Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Stories: 1
  • Street Number Modifier: 11311
  • Additional Rooms: Bonus Room,Storage Rooms
  • Living Area Meters: 349.50
  • Room Count: 3

Exterior Features

  • Direction Faces: South
  • Other Structures: Workshop
  • Exterior Features: French Doors, Rain Gutters, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Front Porch
  • Road Surface Type: Asphalt, Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Fiber Optics, Phone Available, Water Connected
  • Cooling: Central Air, Ductless
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 1
  • Number of Wells: 1

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association: No
  • Security: Security Gate
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: East Marion Elementary School
  • High School: Lake Weir High School
  • Middle Or Junior School: Ft McCoy Middle

Lot Info

  • Zoning: A1
  • Parcel Number: 16195-006-00
  • Additional Parcels: No
  • Flood Zone Code: X & A
  • Homestead YN: 1
  • Lot Size Square Meters: 22096

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 4884.79
  • Tax Block: NA
  • Tax Book Number: E-032
  • Tax Lot: 54

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,885 $332,331 $39,101 $293,230
2023 $4,885 $154,402 $0 $0
2022 $2,059 $149,905 $0 $0
2021 $2,053 $145,539 $0 $0
2020 $2,034 $143,530 $0 $0
2019 $2,002 $140,303 $0 $0
2018 $1,894 $137,687 $0 $0
2017 $1,858 $134,855 $0 $0
2016 $1,819 $132,081 $0 $0
2015 $1,828 $131,163 $0 $0
2014 $1,737 $131,197 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2025 08/20/25 Price Changed $714,000 -2.1% $190 / Sq Ft
07/26/2025 07/26/25 Price Changed $729,000 -2.7% $194 / Sq Ft
07/03/2025 07/03/25 Price Changed $749,000 -3.4% $199 / Sq Ft
06/23/2025 06/23/25 Price Changed $775,000 -1.8% $206 / Sq Ft
04/30/2025 04/30/25 Price Changed $789,000 -1.3% $210 / Sq Ft
04/12/2025 04/12/25 For Sale $799,000 +120.7% $212 / Sq Ft
04/28/2023 04/28/23 Sold $362,000 0.0% $176 / Sq Ft
04/28/2023 04/28/23 For Sale $362,000 -- $176 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $362,000 Marion Lake Sumter Title
Quit Claim Deed $100 --
Warranty Deed $166,400 First American Title Ins Co
Warranty Deed $135,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $420,000 New Conventional
Closed $354,461 FHA
Previous Owner $126,800 New Conventional
Previous Owner $35,000 Credit Line Revolving
Previous Owner $149,760 Purchase Money Mortgage
Source: Public Records

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Source: Stellar MLS

MLS Number: OM699153

Stellar MLS

APN: 16195-006-00