12882 SE 78TH TERRACE, SUMMERFIELD, FL, 34491
Active114 days on marketListed Apr 8, 2026MLS #OM722361
About this home
12882 SE 78TH TERRACE
Discover the space, versatility, and opportunity offered with this 4-bedroom, 3-bathroom home situated on 4.19 acres. Featuring a comfortable residence, impressive workshop space, and plenty of room to enjoy the outdoors, this property provides the flexibility to fit a variety of lifestyles. The home features a functional layout with a spacious kitchen, two separate living areas, and a wood-burning fireplace that adds warmth and character to the main living space. An oversized 2-car garage provides additional room for storage, hobbies, or a workshop area. Outside, the property is enhanced by mature, established landscaping and open space, offering room for outdoor activities, gardening, equipment, or future improvements. A standout feature is the impressive approximately 50’ x 300’ enclosed pole barn, providing exceptional versatility for storage, vehicles, equipment, workshop space, or other uses depending on your needs. The property is being offered with the 4.19-acre parcel containing the home and improvements. An additional adjoining parcel is also available for purchase with the home, providing the opportunity to expand your property to a total of 9.54 acres. With its spacious home, extensive workshop capabilities, and flexible acreage options, this property offers a unique opportunity to create the lifestyle you’ve been looking for.
Facts & features
The home at a glance
4
Bedrooms
3
Bathrooms
1,918
Sqft
4.19 ac
Lot size
2
Garage
1980
Year built
One
Levels
$276
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.
$4,042 /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
$4,042/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.
$/sqft vs Summerfield actives
$276 vs $190
Days on market
114 vs 50 typical
Where $276/sqft sits among the 350 Summerfield 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 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)
171 of 350
Summerfield actives have cut their price
Median sold price, Summerfield, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 92% above the SUMMERFIELD 34491 median. See the full Summerfield market guide →
Paper trail
This home's history
Reality check
What actually sold near 12882 SE 78TH TERRACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Feb ’26$216,000
8310 SE 132ND LANE · same community
3 bd · 2 ba · 1,176 sqft · $184/sqft · 153 DOM
Sold · Sep ’25$340,000
7077 SE 135TH STREET
3 bd · 2 ba · 1,929 sqft · $176/sqft · 34 DOM
Sold · Dec ’25$395,000
13544 SE 89TH TERRACE ROAD
3 bd · 2 ba · 1,958 sqft · $202/sqft · 87 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 12882 SE 78TH TERRACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 12882 SE 78TH TERRACE — 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
12882 SE 78TH TERRACE FAQs
What would the monthly payment be for 12882 SE 78TH TERRACE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $4,042/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 12882 SE 78TH TERRACE?+
The most recent tax bill on record (2025) was $6,403. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Summerfield?+
At $529,000, this home is listed about 82% above the Summerfield median of $289,900. The market section on this page shows how the area is trending.
Which schools are assigned to 12882 SE 78TH TERRACE?+
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
Three things that matter here
01Positioned at the premium end
$529,000 runs 92% above the SUMMERFIELD 34491 median — but at 1,918 sqft it's also 20% larger than the typical Summerfield listing.
02Time on market is leverage
114 days on market against a Summerfield median of 50 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $795,000, now $529,000 — a $266K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of SOUTHERN CHARM REALTY OF CF · Kenneth Hoffman. MLS #OM722361.
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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