TBD SE 157TH STREET RD, SUMMERFIELD, FL, 34491
Active392 days on marketListed Jun 28, 2025MLS #OM704476
About this home
TBD SE 157TH STREET RD
BEST PRICE PER ACRE IN SILVERLEAF HILLS + Private Lake + NO FLOOD ZONE (X)! One of the most breathtaking estate parcels in all of Marion County! Bring your horses, cattle, and vision to create the legacy property you’ve always dreamed of on 28.55 acres of elevated, rolling pasture surrounded by majestic grandfather oaks and a private stocked spring-fed lake. Located in Flood Zone X, this exceptional corner parcel offers peace of mind along with stunning topography rarely found in Central Florida. Fully fenced with four-board and no-climb fencing, the property also provides the rare flexibility to set up an RV or 5th wheel while building your custom dream home. Positioned toward the back of the gated equestrian community of Silverleaf Hills, this property enjoys one of the highest elevations in the community with sweeping panoramic views in every direction. Silverleaf Hills spans over 768 acres of spectacular riding and recreational landscape and offers underground utilities, no required timeframe to build, and the freedom to choose your own builder. Boarding options within the community may also be available for those planning ahead. Ideally located near Ocala, The Villages, The Florida Horse Park, and the World Equestrian Center, with convenient access to shopping, dining, medical facilities, and both private and commercial airports in Ocala, Leesburg, Orlando, and Tampa. This is more than just land it’s a rare opportunity to create a truly iconic equestrian or luxury estate in the heart of Florida horse country.
Facts & features
The home at a glance
28.55 ac
Lot size
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.
$5,683 /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
$5,683/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.
Where it sits
Inside Summerfield
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Summerfield. See the full Summerfield guide →
SUMMERFIELD 34491 — neighborhood snapshot
Population
32,369
Median age
54.4
Median income
$65,900
Median home value
$253,100
Avg household
2.3
Households w/ children
2,632
For the school run
Marion County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Summerfield market
$285K → $258K
Summerfield median sold, yr/yr
96.8%
Sale-to-list ratio (12 mo)
Median sold price, Summerfield, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 227% above the SUMMERFIELD 34491 median. See the full Summerfield market guide →
Paper trail
This home's history
Reality check
What actually sold near TBD SE 157TH STREET RD
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$425,000
5401 SE 162ND STREET UNIT 32 · same community
2 bd · 2 ba · 1,404 sqft · $303/sqft · 582 DOM
Sold · Mar ’26$875,000
6615 SE 158TH PLACE UNIT 6 · same community
4 bd · 3 ba · 3,131 sqft · $279/sqft · 0 DOM
Sold · Mar ’26$800,000
15110 SE 73rd Ave, Other City - In The State Of Florida FL 34491
4 bd · 3.5 ba · 60 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 TBD SE 157TH STREET RD — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for TBD SE 157TH STREET RD — 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
TBD SE 157TH STREET RD FAQs
What would the monthly payment be for TBD SE 157TH STREET RD?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $5,683/mo — principal and interest, the actual property-tax bill, the $314/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 TBD SE 157TH STREET RD?+
The association fee works out to $314 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on TBD SE 157TH STREET RD?+
The most recent tax bill on record (2024) was $246. 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 TBD SE 157TH STREET RD?+
The listing reports pets: Yes. 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 Summerfield?+
At $899,000, this home is listed about 210% above the Summerfield median of $289,900. The market section on this page shows how the area is trending.
Which schools are assigned to TBD SE 157TH STREET RD?+
Lake Weir Middle School (middle), Harbour View Elementary School (elementary), Lake Weir 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
$899,000 runs 227% above the SUMMERFIELD 34491 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
392 days on market against a Summerfield median of 50 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $2,600,000, now $899,000 — a $1.7M cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of COMPASS FLORIDA LLC · Chandler Marks, PA. MLS #OM704476.
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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