481 ISLAND HOUSE PATH, THE VILLAGES, FL, 32163
Active114 days on marketListed Apr 14, 2026MLS #G5111007
Come see it
Upcoming open house
Sat, Aug 8
10:00 AM – 12:00 PM
About this home
481 ISLAND HOUSE PATH
ASSUMABLE 2.25% FHA LOAN AVAILABLE FOR QUALIFIED BUYERS! This expanded Bayberry Designer Home in the sought-after Village of Osceola Hills offers the rare combination of flexible living space, a 2-car plus golf cart garage, climate-controlled enclosed lanai, and approximately 2,000 sq. ft. of beautifully maintained living space—all just a short golf cart ride to championship golf, recreation centers, shopping, dining, and nightly entertainment in The Villages. Welcome to 481 Island House Path, where comfort, style, and the renowned Villages lifestyle come together. Built with durable block and stucco construction, this thoughtfully designed 3-bedroom, 3-bath home offers an open floor plan ideal for everyday living and entertaining. A charming screened front porch creates a welcoming first impression and provides the perfect spot to enjoy your morning coffee or visit with neighbors. Inside, you will find luxury vinyl flooring throughout, and an open-concept design that creates a bright, spacious feel. The kitchen is the heart of the home, featuring quartz countertops, abundant cabinetry, generous workspace, and a seamless flow into the dining and living areas—perfect for hosting family and friends. The spacious primary suite offers a relaxing retreat with a large walk-in closet and an ensuite bath featuring a Roman shower. Two additional bedrooms and two full bathrooms provide excellent privacy and flexibility for guests, hobbies, or a home office. One of this home's standout features is the private enclosed rear lanai, complete with its own mini-split heating and cooling system, creating valuable year-round living space that can serve as a Florida room, hobby area, fitness room, or second living area. Combined with the screened front porch, this home offers exceptional indoor-outdoor living. Additional highlights include the spacious 2-car plus golf cart garage and beautiful curb appeal in one of The Villages' most desirable neighborhoods. An exceptional financial opportunity awaits qualified buyers with an assumable FHA mortgage of approximately $213,000 at an incredibly low 2.25% interest rate, maturing in October 2050—potentially providing significant monthly savings compared to today's market rates.
Facts & features
The home at a glance
3
Bedrooms
3
Bathrooms
1,903
Sqft
0.13 ac
Lot size
3
Garage
2017
Year built
One
Levels
$270
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.
$3,896 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
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
Estimated payment
$3,896/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. 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.
vs edgeAI estimate
+0.3%
$/sqft vs The Villages actives
$270 vs $256
Days on market
114 vs 52 typical
Where $270/sqft sits among the 400 The Villages 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 The Villages
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know The Villages. See the full The Villages guide →
THE VILLAGES 32163 — neighborhood snapshot
Population
30,886
Median age
70.1
Median income
$94,565
Median home value
$472,600
Avg household
1.85
For the school run
Sumter County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The The Villages market
$365K → $360K
The Villages median sold, yr/yr
96.8%
Sale-to-list ratio (12 mo)
211 of 400
The Villages actives have cut their price
Median sold price, The Villages, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 10% above the THE VILLAGES 32163 median. See the full The Villages market guide →
Paper trail
This home's history
Reality check
What actually sold near 481 ISLAND HOUSE PATH
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$262,000
32712 TIMBERWOOD DRIVE
3 bd · 2 ba · 1,909 sqft · $137/sqft · 470 DOM
Sold · Mar ’26$310,000
321 RANCHWOOD DRIVE
3 bd · 2 ba · 1,894 sqft · $164/sqft · 335 DOM
Sold · Sep ’25$305,000
544 GRAND VISTA TRAIL
3 bd · 2 ba · 1,869 sqft · $163/sqft · 200 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
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 481 ISLAND HOUSE PATH — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 481 ISLAND HOUSE PATH — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
481 ISLAND HOUSE PATH FAQs
What would the monthly payment be for 481 ISLAND HOUSE PATH?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,896/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 481 ISLAND HOUSE PATH?+
The most recent tax bill on record (2025) was $5,736. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 481 ISLAND HOUSE PATH?+
The listing reports pets: Cats OK, Dogs OK. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in The Villages?+
At $514,700, this home is listed about 32% above the The Villages median of $389,900. The market section on this page shows how the area is trending.
Which schools are assigned to 481 ISLAND HOUSE PATH?+
Wildwood Elementary School (elementary) — Sumter 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
$514,700 runs 10% above the THE VILLAGES 32163 median — but at 1,903 sqft it's also 22% larger than the typical The Villages listing.
02Time on market is leverage
114 days on market against a The Villages median of 52 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $529,900, now $514,700 — a $15K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of REALTY EXECUTIVES IN THE VILLAGES · Holly McEntire. MLS #G5111007.
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.
Never miss a listing
New The Villages homes, in your inbox
Like 481 ISLAND HOUSE PATH but not quite? A daily digest of every new listing in The Villages — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask David to ping you on any price or status change →