$565,000
1989 111th Loop
Ocala, FL 34475
Listing updated: May 30, 2026 at 11:05 AM ET
Listing courtesy of R N B Realty · Lisa Toler · MLS #OM725303 · Active · 352-690-2266Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
Nestled in the desirable gated community of Summit Downs within Ocala Downs, this beautiful home offers privacy, comfort, and scenic surroundings at the back of a charming mini-farm community. Situated on 1.24 acres, this spacious 3-bedroom, 2-bath home features 2,342 square feet of thoughtfully designed living space. The upgraded kitchen is a true centerpiece with quality finishes and ample space for entertaining. Custom plantation shutters throughout the home add timeless elegance and style. The oversized primary suite offers a relaxing retreat with an upgraded ensuite bathroom and large walk-in closets. Step outside to the expansive screened patio overlooking a peaceful horse farm, creating the perfect setting to enjoy quiet mornings or evening sunsets. With beautiful views, upscale features, and plenty more to appreciate, this home is a must-see!
Local Insight
At $241/sqft for a 2002 home on 1.24 acres in Summit Downs, you're getting solid value for the acreage and low HOA fees ($42/mo), but you'll want to verify what that 1.24 acres actually supports—whether it's zoned/feasible for horses or other rural use, which would justify the land premium in Ocala's market. The location works well if you're genuinely tied to Ocala's equestrian or springs community, but it's a poor fit for anyone needing regular access to Orlando or the Gulf Coast, since you're looking at 80–90 minute drive times that eat up quality-of-life gains.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
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 history6 days on market
- Status: ActiveMay 24, 2026
- Listed$565,000May 24, 2026
- Price increased$565,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 6
- Subdivision
- Summit Downs
- County
- Marion
- Year built
- 2002
- Living area
- 2,342 sq ft
- Price/sq ft
- $241
- Lot size
- 54,014 sq ft
- Lot category
- 1 to less than 2
- Flood zone
- x
- Garage
- 2 spaces
- Annual taxes
- $6,842 (2025)
- Parcel #
- 08480-002-08
- Zoning
- A3
- MLS #
- OM725303
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Interior Details
- Bedrooms
- 3
- Full bathrooms
- 2
- Flooring
- Carpet, Ceramic Tile, Hardwood
- Appliances
- Bar Fridge, Dishwasher, Dryer, Ice Maker, Microwave, Refrigerator, Washer, Water Softener
- Interior features
- Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Kitchen/Family Room Combo, L Dining, Split Bedroom, Walk-In Closet(s)
- Laundry
- Inside, Laundry Room
- Stories / Levels
- One
- Direction faces
- West
- Fireplace
- Yes
Heating & Cooling
- Heating
- Electric
- Cooling
- Central Air
Parking
- Garage spaces
- 2
- Attached garage
- Yes
HOA & Financial
- HOA fee
- $500 / Annually
- Monthly HOA
- $42/mo
- Total monthly fees
- $42/mo
- Total annual fees
- $500
- HOA name
- Don Godshall
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- No Minimum
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
- Approval process
- Only to reach out to HOA Manager.
Exterior & Construction
- Exterior features
- French Doors
- Construction materials
- Block, Stucco
- Roof
- Shingle
- Foundation
- Block
- Road surface
- Paved
Utilities
- Sewer
- Septic Tank
- Water source
- Well
- Utilities
- Electricity Connected, Propane
Community
- Pets allowed
- Yes
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | First | 13x23 |
| Living Room | First | 14x15 |
| Kitchen | First | 22x14 |
| Dining Room | First | 10x13 |
| Family Room | First | 15x20 |
Listing Details
- Listing date
- 2026-05-23
- On market date
- 2026-05-24
- Original list price
- $565,000
- Occupant type
- Owner
- MLS area
- 34475 - Ocala
- Listing AOR
- Ocala - Marion
- Status changed
- 2026-05-24
- Tax legal description
- SEC 36 TWP 13 RGE 21 PLAT BOOK 005 PAGE 003 SUMMIT DOWNS BLK B LOT 8
Flood risk
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
1811 E Fort King St Ocala, FL 34471 Take E Fort King St to E Silver Springs Blvd 1 min (0.5 mi) Take US-301 N/US-441 N to NW 114th Loop 16 min (10.0 mi) Follow NW 114th Loop and NW 17th Court Rd to NW 111th Loop 4 min (1.1 mi) 1989 NW 111th Loop Ocala, FL 34475
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Listing provided by Stellar MLS
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 30, 2026 at 11:05 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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