$649,900
2529 118th Terrace
Gainesville, FL 32608
Listing updated: June 25, 2026 at 6:03 PM ET
Listing courtesy of Bhgre Thomas Group · Tiffany Thomas · MLS #GC541291 · Active · 352-226-8228Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
Welcome to Oakmont, one of Gainesville's most sought-after communities, where resort-style living meets exceptional design. Built by ICI Homes in 2016, this beautifully maintained 4-bedroom, 3-bathroom home with a dedicated study offers a highly desirable three-way split floor plan, providing privacy and comfort for every member of the household. From the moment you arrive, you'll be captivated by the home's impressive curb appeal, highlighted by a spacious front patio, attractive architectural details, and lush landscaping. Step inside to an inviting foyer that opens to a formal dining room featuring an elegant tray ceiling, creating the perfect setting for entertaining and special occasions. The heart of the home is the expansive kitchen, thoughtfully designed with abundant workspace, ample cabinetry, and seamless views of the spacious great room. Filled with natural light, the great room offers an open and welcoming atmosphere, complete with large sliding glass doors that extend your living space outdoors. Retreat to the oversized screened lanai, where a stunning stone fireplace creates the perfect backdrop for year-round relaxation and entertaining. The private backyard is fully fenced and surrounded by mature hedges, offering a peaceful and secluded outdoor oasis. The owner's suite enjoys its own private wing of the home, while the additional bedrooms are thoughtfully positioned throughout the split floor plan for maximum privacy. A dedicated study provides the ideal space for working from home, a library, or a hobby room. Residents of Oakmont enjoy access to some of the finest amenities in Gainesville, including a grand clubhouse, heated resort-style pool with lap lanes and a children's fountain area, fitness center, pickleball courts, tennis courts, basketball courts, playgrounds, and beautifully maintained common areas. This exceptional home combines thoughtful design, quality construction, and an unbeatable community lifestyle—all in one remarkable package.
Local Insight
At $238/sqft for a 2016-built home in Gainesville, you're paying a fair market rate, but the real value question is whether five bedrooms in a tight 0.19-acre lot works for your lifestyle—this feels more like a rental investment property or multi-generational living situation than a typical single-family home with breathing room. The X flood zone is a genuine plus for peace of mind and resale, and the A-rated school district matters if you have kids, but scrutinize the HOA restrictions carefully since even at $8/month, newer subdivisions often have strict architectural rules that could limit renovations.
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 history0 days on market
- Status: ActiveJun 25, 2026
- Listed$649,900Jun 25, 2026
- Price increased$649,900
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 0
- Subdivision
- Oakmont Ph 1 Unit 1a
- County
- Alachua
- Year built
- 2016
- Living area
- 2,727 sq ft
- Price/sq ft
- $238
- Building area
- 3,767 sq ft (Public Records)
- Lot size
- 8,276 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12001C0290E)
- Garage
- 2 spaces
- Annual taxes
- $10,276 (2025)
- Parcel #
- 04427-111-014
- Zoning
- PD
- MLS #
- GC541291
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Interior Details
- Bedrooms
- 5
- Full bathrooms
- 3
- Flooring
- Tile
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
- Interior features
- Ceiling Fans(s), Crown Molding, Other, Primary Bedroom Main Floor, Split Bedroom
- Laundry
- Laundry Room, Other
- Stories / Levels
- One
- Direction faces
- West
- Fireplace
- Yes
Heating & Cooling
- Heating
- Central, Electric
- Cooling
- Central Air
Parking
- Garage spaces
- 2
- Attached garage
- Yes
HOA & Financial
- HOA fee
- $100 / Annually
- Monthly HOA
- $8/mo
- Total monthly fees
- $8/mo
- Total annual fees
- $100
- HOA name
- Leland Management
- CDD
- Yes
- Homestead exemption
- Yes
- Min lease term
- 6 Months
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- buyer to verify with Hoa
Exterior & Construction
- Construction materials
- Cement Siding, Concrete, Frame
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Available, Underground Utilities
Community
- Pets allowed
- Cats OK, Dogs OK, Yes
Schools
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 | |
| Living Room | First | |
| Primary Bedroom | First |
Listing Details
- Listing date
- 2026-06-25
- On market date
- 2026-06-25
- Original list price
- $649,900
- Occupant type
- Owner
- MLS area
- 32608 - Gainesville
- Listing AOR
- Gainesville-Alachua
- Status changed
- 2026-06-25
- Tax legal description
- OAKMONT PH 1 UNIT 1A PB 29 PG 35 LOT 14 OR 4464/1267
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
From Newberry Road, head West on NW 122nd St (Parker Road), Turn left onto SW 24th Ave, then right at the etrance of the Oakmont subdivision (SW 117th St) . Take first right onto SW 27th Ave and then right again onto SW 118th Terrace. Property is on the right.
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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 25, 2026 at 6:03 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.
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