493 MALAUKA LOOP, OCKLAWAHA, FL, 32179
Active64 days on marketListed May 20, 2026MLS #G5112490
About this home
493 MALAUKA LOOP
Virtually Staged. Nestled on 3.15 private lakefront acres, this extraordinary WATERFRONT retreat offers a rare combination of sunset views, multi-generational living, and exceptional development opportunity. Positioned on the 5th of 8 potential LAKEFRONT LOTS on LAKE LEON, this unique property includes 7 additional waterfront lots, allowing you to preserve the privacy of your estate, create a family compound, or unlock future investment potential as waterfront inventory continues to shrink. Enter through the gated courtyard and discover a warm, inviting lake house filled with natural light from 68 WINDOWS showcasing BREATHTAKING WATER VIEWS throughout the home. The cozy kitchen and dining area feature a breakfast bar perfect for casual gatherings, while the expansive living room impresses with CATHEDRAL CEILINGS, a FIREPLACE, a ceiling fan, and panoramic lake views. The primary suite offers a true private retreat with an ensuite bath featuring dual vanities, a garden tub, a walk-in shower, and a reinforced CONCRETE STORM SHELTER/SAFE ROOM integrated into the suite. An ELEVATOR provides convenient access upstairs. Additional rooms currently used as hobby spaces offer endless customization possibilities. The OVERSIZED 2.5-CAR GARAGE leads to an additional IN-LAW APPARTMENT with a private kitchen and bath, offering ideal accommodations for extended family, guests, potential rental income, or independent living. Additional upgrades include a 2024 ROOF. Outdoor living is at the heart of the property with expansive WRAPAROUND PORCHES and upper-level LAKEFRONT BALCONIES designed for morning coffee, peaceful afternoons, and unforgettable sunset evenings over the water. Whether you are seeking a private waterfront estate, multi-generational living setup, or a prime waterfront investment in a rapidly developing area, this one-of-a-kind property delivers unmatched flexibility and value.
Facts & features
The home at a glance
3
Bedrooms
3.5
Bathrooms
3,058
Sqft
3.15 ac
Lot size
2
Garage
2001
Year built
Two
Levels
$327
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.
$6,355 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
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
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$6,355/mo
Includes estimated PMI — it drops off once you reach 20% equity. 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 Ocklawaha
Get to know Ocklawaha. See the full Ocklawaha guide →
OCKLAWAHA 32179 — neighborhood snapshot
Population
9,051
Median age
46.8
Median income
$48,214
Median home value
$162,700
Avg household
2.38
Households w/ children
872
For the school run
Marion County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Ocklawaha market
$250K → $228K
Ocklawaha median sold, yr/yr
97.5%
Sale-to-list ratio (12 mo)
Median sold price, Ocklawaha, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 2757% above the OCKLAWAHA 32179 median. See the full Ocklawaha market guide →
Paper trail
This home's history
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
Eric Chery
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 493 MALAUKA LOOP — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 493 MALAUKA LOOP — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Eric's phone and CRM.
Straight answers
493 MALAUKA LOOP FAQs
What would the monthly payment be for 493 MALAUKA LOOP?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $6,355/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 493 MALAUKA LOOP?+
The most recent tax bill on record (2025) was $5,090. 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 Ocklawaha?+
At $1,000,000, this home is listed about 273% above the Ocklawaha median of $268,000. The market section on this page shows how the area is trending.
Which schools are assigned to 493 MALAUKA LOOP?+
Lake Weir High School (high), Emerald Shores Elementary School (elementary), Lake Weir Middle School (middle) — Marion County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$1,000,000 runs 2757% above the OCKLAWAHA 32179 median — but at 3,058 sqft it's also nearly twice the size of the typical Ocklawaha listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
64 days on market against a Ocklawaha median of 29 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $1,200,000, now $1,000,000 — a $200K cut. The full history is in the market section below.
Listing courtesy of WORTH CLARK REALTY · Tamara Nelson-McDonald. MLS #G5112490.
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.
Never miss a listing
New Ocklawaha homes, in your inbox
Like 493 MALAUKA LOOP but not quite? A daily digest of every new listing in Ocklawaha — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask Eric to ping you on any price or status change →