4940 E FORT KING STREET, OCALA, FL, 34470
Active90 days on marketListed Apr 24, 2026MLS #OM723471
About this home
4940 E FORT KING STREET
Virtually Staged. Tucked behind a canopy of mature trees along one of Ocala’s most iconic corridors, 4940 E Fort King Street is not just a residence—it’s a statement of legacy, discretion, and timeless refinement. Set on 4.5 private acres, this stately estate evokes the quiet confidence of old-world wealth, where scale, symmetry, and thoughtful craftsmanship draped in custom millwork not often seen in Florida take center stage. A grand entrance welcomes you with an architectural staircase that immediately sets the tone—elegant, commanding, and unforgettable. The main residence offers six generously appointed bedroom suites, each designed with privacy and comfort in mind. In a rare and whimsical twist, every closet conceals a hidden room—an unexpected detail that blends charm with function, perfect for private retreats, dressing lounges, or imaginative spaces. Designed for both grand entertaining and intimate living, the home features formal living and dining rooms, along with a series of flexible spaces ideal for a refined office, private library, wellness room and media lounge. The gourmet kitchen serves as the heart of the home, seamlessly connecting to the main living areas and inviting gatherings that feel both effortless and elevated. The primary on the main floor encompassing one side of the home makes a grand statement with floor to ceiling windows, a modern restyled spa bathroom that will make you never want to leave and privacy that you deserve. Outdoors, the estate transforms into a secluded sanctuary. A resort-style pool, recently resurfaced and enhanced with updated Pentair systems, offers a tranquil escape framed by expansive green space and total privacy—perfect for quiet mornings or sunset entertaining. Modern enhancements have been carefully integrated without compromising the home’s classic appeal, including a new roof, four NEW HVAC systems, custom window treatments, and GAF solar shingles, delivering both efficiency and forward-thinking sustainability. The property is gated and fully fenced complemented by a beautifully appointed guest house, complete with a full kitchen, private laundry, and spacious accommodations—ideal for extended family, guests, or staff. This is a home for those who appreciate not just square footage—but substance, presence, and quiet luxury. A rare offering in the heart of Ocala, where estate living meets enduring style.
Facts & features
The home at a glance
6
Bedrooms
7.5
Bathrooms
6,337
Sqft
4.48 ac
Lot size
4
Garage
1994
Year built
Three Or More
Levels
$356
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.
$15,189 /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
$15,189/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
$356 vs $181
Days on market
90 vs 43 typical
Where $356/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 34470 — neighborhood snapshot
Population
21,521
Median age
40.1
Median income
$49,592
Median home value
$171,500
Avg household
2.29
Households w/ children
2,267
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)
155 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 914% above the OCALA 34470 median. See the full Ocala market guide →
Paper trail
This home's history
Reality check
What actually sold near 4940 E FORT KING STREET
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$615,000
14402 S HIGHWAY 475 · same community
4 bd · 2 ba · 2,672 sqft · $230/sqft · 56 DOM
Sold · Dec ’25$550,000
495 NW 95TH STREET · same community
3 bd · 2 ba · 1,413 sqft · $389/sqft · 17 DOM
Sold · Jan ’26$406,000
3120 SW 85TH STREET · same community
2 bd · 1.5 ba · 1,344 sqft · $302/sqft · 3 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 4940 E FORT KING STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 4940 E FORT KING STREET — 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
4940 E FORT KING STREET FAQs
What would the monthly payment be for 4940 E FORT KING STREET?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $15,189/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 4940 E FORT KING STREET?+
The most recent tax bill on record (2024) was $23,909. 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 Ocala?+
At $2,259,000, this home is listed about 656% above the Ocala median of $299,000. The market section on this page shows how the area is trending.
Which schools are assigned to 4940 E FORT KING STREET?+
Ward-Highlands Elementary School (elementary), Fort King Middle School (middle), Vanguard 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
$2,259,000 runs 914% above the OCALA 34470 median — but at 6,337 sqft it's also nearly 4 times the size of the typical Ocala listing.
02Your own pool
A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.
03Time on market is leverage
90 days on market against a Ocala median of 43 — sellers in this position are usually ready to negotiate.
04Strong assigned schools
Ward-Highlands Elementary School, Fort King Middle School, Vanguard High School — Ward-Highlands Elementary School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of GAILEY ENTERPRISES REAL ESTATE · Rhonda Gailey. MLS #OM723471.
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 Ocala homes, in your inbox
Like 4940 E FORT KING STREET but not quite? A daily digest of every new listing in Ocala — 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 →