5085 SE 38TH STREET, OCALA, FL, 34480
Active101 days on marketListed Apr 14, 2026MLS #OM722694
About this home
5085 SE 38TH STREET
Rare opportunity in SE Ocala! Situated on 1.7 acres of agriculturally zoned land just outside the city limits, this spacious 4-bedroom, 4-bath estate offers privacy, flexibility, and room to grow—without the restrictions of an HOA. As you enter through the private gate, you’re welcomed by a stately home featuring a circular driveway, ample additional parking, and a detached garage—perfect for extra storage, hobbies, or workspace needs. Step inside the double front doors, where your eye is immediately drawn straight ahead to the grand great room. Anchored by a cozy wood-burning fireplace, this impressive space sets the tone for the home’s open and inviting layout. A formal dining room and a dedicated office or den flank the entry, offering both functionality and elegance. The kitchen is partially open to the great room and includes a cozy breakfast area, ideal for everyday living. Large laundry room off the garage provides more storage space and opportunity for mud room. Designed with a desirable triple split floor plan, this home provides exceptional space and privacy, with generously sized bedrooms and abundant closet storage throughout. The expansive primary suite serves as a true retreat, featuring a massive walk-in closet, two additional closets in bathroom, and a luxurious en suite bath complete with dual vanities, a soaking tub, walk-in shower, and private water closet. Just off the great room, a versatile bonus room with a full bath flows seamlessly into the sunroom—perfect for guests, entertaining, or multi-generational living. Located within the highly sought-after Forest, Osceola, and Maplewood school districts, and just minutes from shopping, dining, and everyday conveniences, this property offers the perfect balance of peaceful country living and city accessibility. New roof November 2023, New HVAC September 2025.
Facts & features
The home at a glance
4
Bedrooms
4
Bathrooms
3,844
Sqft
1.68 ac
Lot size
4
Garage
2002
Year built
One
Levels
$176
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.
$4,483 /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
$4,483/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.
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.
$/sqft vs Ocala actives
$176 vs $181
Days on market
101 vs 43 typical
Where $176/sqft sits among the 400 Ocala actives
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 Ocala
Get to know Ocala. See the full Ocala guide →
OCALA 34480 — neighborhood snapshot
Population
23,749
Median age
36.6
Median income
$75,334
Median home value
$248,400
Avg household
2.67
Households w/ children
3,190
For the school run
Marion County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Ocala market
$285K → $280K
Ocala median sold, yr/yr
97.4%
Sale-to-list ratio (12 mo)
154 of 400
Ocala actives have cut their price
Median sold price, Ocala, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 139% above the OCALA 34480 median. See the full Ocala market guide →
Paper trail
This home's history
Reality check
What actually sold near 5085 SE 38TH STREET
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$615,000
14402 S HIGHWAY 475 · same community
4 bd · 2 ba · 2,672 sqft · $230/sqft · 56 DOM
Sold · Dec ’25$550,000
495 NW 95TH STREET · same community
3 bd · 2 ba · 1,413 sqft · $389/sqft · 17 DOM
Sold · Jan ’26$406,000
3120 SW 85TH STREET · same community
2 bd · 1.5 ba · 1,344 sqft · $302/sqft · 3 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
Eric Chery
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 5085 SE 38TH STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5085 SE 38TH STREET — 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
5085 SE 38TH STREET FAQs
What would the monthly payment be for 5085 SE 38TH STREET?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,483/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 5085 SE 38TH STREET?+
The most recent tax bill on record (2025) was $5,137. 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 Ocala?+
At $675,000, this home is listed about 126% above the Ocala median of $299,000. The market section on this page shows how the area is trending.
Which schools are assigned to 5085 SE 38TH STREET?+
Belleview Middle School (middle), Marion Oaks Elementary School (elementary), Belleview High School (high) — Marion 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
$675,000 runs 139% above the OCALA 34480 median — but at 3,844 sqft it's also nearly twice the size of the typical Ocala listing.
02Time on market is leverage
101 days on market against a Ocala median of 43 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $799,000, now $675,000 — a $124K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of SANCTUARY SOUTH REALTY · Amy Denesha. MLS #OM722694.
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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