490 Madison Street, FL
Stellar MLS

$349,900

490 Madison Street

Lake City, FL 32055

Listing updated: May 26, 2026 at 2:57 PM ET

Active
4
Beds
3
Baths
2,675
Sq Ft
0.57
Acres
1935
Built
In-law suiteFireplace$131/sqft360° tour
Single Family Residence

Property type

1935

Year built

24,960 sqft

Lot size

$131

Price / sq ft

No HOA

HOA dues

36

Days on market

X

Flood zone

About this home

Step into a piece of Lake City history, beautifully reimagined for modern living. Would make a great primary home, Airbnb, or office space! Originally built in 1935, this fully remodeled home blends timeless character with today’s most desired upgrades. From the moment you walk in, you’ll notice the rich hardwood floors, stunning new cabinetry, designer fixtures, and thoughtfully selected lighting that brings every space to life. This home is packed with generous closets and smart storage spaces throughout, giving you room for everything without sacrificing style. What truly sets this home apart is the preservation of its charm like original built-ins, detailed trim work, and eye-catching coffered ceilings all seamlessly paired with brand-new essentials including the roof, HVAC system, plumbing, electrical, water heater, and windows for peace of mind and efficiency. Situated on over half an acre, the fenced yard offers space, privacy, and endless possibilities. And the bonus? An attached studio apartment with a full bathroom that’s nearly complete, perfect for guests, a private office, or income-producing potential. This is the kind of home you don’t come across often…where history meets convenience, and character meets comfort. Listed below recent appraised value, this amazing home offers instant equity. If you’ve been searching for a home with soul, style, and smart upgrades, this one is truly special.

Estimated monthly payment

Principal & interest$1,769
Property taxes$189
Home insurance (est.)$160

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 history36 days on market

  1. Status: Active
    Apr 20, 2026
  2. Listed$360,000
    Apr 20, 2026
  3. Price reduced$349,900

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
36
Subdivision
Santa Fe River Plantations
County
Columbia
Year built
1935
Living area
2,675 sq ft
Price/sq ft
$131
Building area
3,102 sq ft (Public Records)
Lot size
24,960 sq ft
Lot category
1/2 to less than 1
Flood zone
X (12023C0284D)
Annual taxes
$2,263 (2025)
Parcel #
00-00-00-12334-000
Zoning
SFR
MLS #
GC539599

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Interior Details

Bedrooms
4
Full bathrooms
3
Flooring
Tile, Wood
Appliances
Dishwasher, Ice Maker, Range, Range Hood, Refrigerator
Interior features
Built-in Features, Ceiling Fans(s)
Laundry
Inside, Laundry Room
Stories / Levels
Two
Direction faces
North
Fireplace
Yes
In-law suite
Yes

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Min lease term
No Minimum
Listing terms
Cash, Conventional, FHA, USDA Loan, VA Loan
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
No

Exterior & Construction

Exterior features
French Doors, Lighting, Private Mailbox
Construction materials
HardiPlank Type
Roof
Shingle
Foundation
Crawlspace
Road surface
Paved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Electricity Connected, Natural Gas Available, Public, Sewer Connected

Room Details

RoomLevelDimensions
KitchenFirst
Living RoomFirst
Primary BedroomFirst
Primary BathroomFirst
Bedroom 2Second
Bedroom 3Second

Listing Details

Listing date
2026-04-18
On market date
2026-04-20
Original list price
$360,000
Occupant type
Vacant
MLS area
32055 - Lake City
Listing AOR
Gainesville-Alachua
Status changed
2026-04-20
Tax legal description
W DIV: BEG NE COR OF BLK H, S 2631, CT 1357-316, WD 1363- 2412, WD 1368-2576, 209.55 FT TO INTERS OF N R/W OF ORANGE ST, W 108 FT, N 105.95 FT, N 104.11 FT TO S R/W OF MADISON ST, E 129.20 FT TO POB. 456-751, 642-598, 744-917, 762-1000, WD 1295-

Flood risk

Minimal riskFEMA Zone XPanel 12023C0284D

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

From the Duval Street / Main Boulevard intersection in Lake City, Head west on Duval Street. Turn right onto Hilton Avenue. Continue a short distance. 490 NW Madison Street will be on the left, at the corner of Hilton and Madison Street.

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MLS GRID

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 May 26, 2026 at 2:57 PM 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.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA