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$297,990

871 Shumard Way

Lady Lake, FL 32159

Listing updated: June 6, 2026 at 10:31 AM ET

Active

Listing courtesy of Olympus Executive Realty Inc · Nancy Pruitt, PA · MLS #G5106169 · Active · 407-469-0090

Beds

Baths

2,281

Sq Ft

0.12

Acres

2025

Built

◆New construction◆$131/sqft◆360° tour

Single Family Residence

Property type

2025

Year built

5,320 sqft

Lot size

$131

Price / sq ft

$135/mo

HOA dues

140

Days on market

Garage spaces

Flood zone

About this home

One or more photo(s) has been virtually staged. SAMPLE IMAGE The Magellan floorplan is a versatile two-story home offering 3 bedrooms and two and a half bathrooms with ample space, spanning 2281 sq. ft. Ideal for families or those who love hosting, this layout combines functionality with modern design. The main floor opens up to a spacious great room, dining area, and covered patio, perfect for entertaining or relaxing evenings at home. Upstairs, the owner's suite boasts a spacious walk-in closet and a well-appointed bathroom, ensuring your comfort. The Magellan is thoughtfully designed for comfort and style, making it a perfect home base.

Local Insight

At $131/sqft for brand-new construction in a market where comparable homes run $350K–$450K, this is genuinely underpriced—you're getting newer bones at a significant discount, though the tight 0.12-acre lot and $135 monthly HOA mean limited outdoor space and ongoing fees to factor in. The location works well if you want access to The Villages' lifestyle and amenities without the higher Sumter County price tag, but be clear-eyed that you're buying into a retirement-heavy area (90%+ of residents are 55+) rather than a family-oriented community, which affects both social dynamics and long-term resale. Given it's new construction in a hot seller's market, scrutinize the builder's warranty, the quality of finishes relative to price, and whether the Reserves at Hammock Oaks community itself has strong demand—because resale value in Lady Lake is tied heavily to how desirable that specific subdivision remains.

AI-generated insight based on listing data and neighborhood context. Verify independently.

Estimated monthly payment

Principal & interest$1,507

Property taxes$0

Home insurance (est.)$137

HOA dues$135

Down payment

20%

$59,598 downRate

6.5%

Term

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history140 days on market

Status: Active
May 7, 2026
Listed$329,989
Jan 4, 2026
Price reduced$297,990

Facts & features

Property type: Residential
Sub type: Single Family Residence
Status: Active
Days on market: 140
Subdivision: Reserves At Hammock Oaks
County: Lake
Year built: 2025
Living area: 2,281 sq ft
Price/sq ft: $131
Building area: 2,912 sq ft (Builder)
Lot size: 5,320 sq ft
Lot category: 0 to less than 1/4
Flood zone: x (12069C0170E)
Garage: 2 spaces
Parcel #: 30-18-24-0010-000-04800
Zoning: PUD
MLS #: G5106169

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Interior Details

Bedrooms: 3
Full bathrooms: 2
Half bathrooms: 1
Flooring: Carpet, Ceramic Tile, Laminate, Tile
Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range
Interior features: Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
Laundry: Inside, Laundry Room
Stories / Levels: Two
Direction faces: West
New construction: Yes

Heating & Cooling

Heating: Central, Electric, Heat Recovery Unit
Cooling: Central Air

Parking

Garage spaces: 2
Attached garage: Yes
Parking features: Driveway

HOA & Financial

HOA fee: $404 / Quarterly
Monthly HOA: $135/mo
Total monthly fees: $135/mo
Total annual fees: $1,616
HOA name: Rizzetta And Company/Kenneth Zilke
CDD: Yes
Min lease term: 8-12 Months
Listing terms: Cash, Conventional, FHA, VA Loan
Ownership: Fee Simple
Available for lease: Yes
Lease restrictions: Yes
Additional lease restrictions: CONTACT HOA FOR MORE INFORMATION

Exterior & Construction

Exterior features: Sidewalk, Sliding Doors
Construction materials: Block, Frame
Roof: Shingle
Foundation: Slab
Road surface: Asphalt

Utilities

Sewer: Public Sewer
Water source: Public
Utilities: Cable Available, Electricity Available, Public, Underground Utilities, Water Available

Community

Pets allowed: Yes

Schools

ElementaryVillages Elem of Lady LakeGreatSchools ↗

MiddleCCarver MiddleGreatSchools ↗

High SchoolCLeesburg HighGreatSchools ↗

Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.

Room Details

Room	Level	Dimensions
Kitchen	First	10x13
Living Room	First	16x18
Primary Bedroom	Second	13x17
Primary Bathroom	Second	8x10
Bedroom 2	Second	12x11
Bedroom 3	Second	12x11
Loft	Second	11x10
Dining Room	First	12x13
Balcony/Porch/Lanai	First	14x9

Listing Details

Listing date: 2026-01-04
On market date: 2026-01-04
Original list price: $329,989
Occupant type: Vacant
MLS area: 32159 - Lady Lake (The Villages)
Listing AOR: Orlando Regional
Home warranty: Yes
Status changed: 2026-05-07
Tax legal description: RESERVES AT HAMMOCK OAKS PHASE 1A PB 85 PG 69-73 LOT 48 ORB 6520 PG 1405

Flood risk

Minimal riskFEMA Zone XPanel 12069C0170E

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Take US 27/441 to Rolling Acres Rd turn onto Hammock Oak Blvd MODEL 708 Sunshower Drive, Lady Lake, FL 32159

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Listings courtesy of Stellar MLS as distributed by MLS GRID

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.

Based on information submitted to the MLS GRID as of June 6, 2026 at 10:31 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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