1945 SW 40TH PLACE, OCALA, FL, 34471
Active581 days on marketListed Dec 22, 2024MLS #OM691745
About this home
1945 SW 40TH PLACE
REDUCED PRICE! - LOOKING FOR A STUNNING HOME IN A PRIME LOCATION? - Check out this beautiful home on 1.26 acres within the exclusive gated community of Oak Creek Caverns, this exceptional residence offers both privacy and convenience. Just minutes from hospitals, the Florida Horse Park, Trinity Catholic High School, and premier shopping, the location is second to none. This elegant home was custom built by local builder and boasts 4 spacious bedrooms and 3.5 bathrooms. One guest suite includes private bath, while two additional guest rooms share a Jack-and-Jill bathroom. The luxurious master suite features an expansive walk-in closet, direct access to the lanai, and a spa-inspired bathroom complete with soaking tub, water closet, and dual vanities. Step inside to an impressive foyer with soaring ceilings, flanked by French doors leading to formal dining room and a versatile study or living area. At the heart of the home, the open-concept family room seamlessly connects to the kitchen and breakfast nook. A cozy gas fireplace and French doors opening to the lanai create the perfect space for gathering and entertaining. High-end finishes abound, including rich wood flooring, plantation shutters, crown molding, granite countertops, custom wood cabinetry, a gas range, and an oversized walk-in pantry, additional features include a central vacuum system and a roof that's only two years old. This property combines luxury, comfort, and convenience in one remarkable package. Don't miss your chance to make it yours - schedule a private tour today!
Facts & features
The home at a glance
4
Bedrooms
3.5
Bathrooms
3,020
Sqft
1.26 ac
Lot size
2
Garage
2002
Year built
One
Levels
$215
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 and the real association fee — not generic estimates.
$4,617 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
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
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$4,617/mo
Includes estimated PMI — it drops off once you reach 20% equity. 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.
$/sqft vs Ocala actives
$215 vs $182
Days on market
581 vs 43 typical
Where $215/sqft sits among the 400 Ocala 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 Ocala
Get to know Ocala. See the full Ocala guide →
OCALA 34471 — neighborhood snapshot
Population
26,031
Median age
44.2
Median income
$60,283
Median home value
$292,200
Avg household
2.31
Households w/ children
2,491
For the school run
Marion County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Ocala market
$285K → $280K
Ocala median sold, yr/yr
97.4%
Sale-to-list ratio (12 mo)
153 of 400
Ocala actives have cut their price
Median sold price, Ocala, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 113% above the OCALA 34471 median. See the full Ocala market guide →
Paper trail
This home's history
Reality check
What actually sold near 1945 SW 40TH PLACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$630,000
4220 SW 20TH AVENUE · same community
4 bd · 3 ba · 2,851 sqft · $221/sqft · 23 DOM
Sold · Dec ’25$600,000
645 SW 48TH LANE
3 bd · 2.5 ba · 3,019 sqft · $199/sqft · 130 DOM
Sold · Dec ’25$770,000
1715 SW 27 TH PLACE
4 bd · 3.5 ba · 3,186 sqft · $242/sqft · 101 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 1945 SW 40TH PLACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1945 SW 40TH PLACE — 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
1945 SW 40TH PLACE FAQs
What would the monthly payment be for 1945 SW 40TH PLACE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,617/mo — principal and interest, the actual property-tax bill, the $117/mo association fee 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.
How much are the HOA fees at 1945 SW 40TH PLACE?+
The association fee works out to $117 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 1945 SW 40TH PLACE?+
The most recent tax bill on record (2024) was $7,077. 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 1945 SW 40TH PLACE?+
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 Ocala?+
At $649,900, this home is listed about 117% above the Ocala median of $299,000. The market section on this page shows how the area is trending.
Which schools are assigned to 1945 SW 40TH PLACE?+
Eighth Street Elementary School (elementary), Osceola Middle School (middle), Forest High School (high) — Marion County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$649,900 runs 113% above the OCALA 34471 median — but at 3,020 sqft it's also 75% larger than the typical Ocala listing.
02Time on market is leverage
581 days on market against a Ocala median of 43 — sellers in this position are usually ready to negotiate.
03Strong assigned schools
Eighth Street Elementary School, Osceola Middle School, Forest High School — Eighth Street Elementary School rates 4 of 5. Always verify assignments with the district.
04The price has already moved
Listed at $689,900, now $649,900 — a $40K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of R N B REALTY · Nancy Johnson. MLS #OM691745.
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.
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