493 MALAUKA LOOP
OCKLAWAHA, FL 32179
About this home
Virtually Staged. Nestled on 3.15 private lakefront acres, this extraordinary WATERFRONT retreat offers a rare combination of sunset views, multi-generational living, and exceptional development opportunity. Positioned on the 5th of 8 potential LAKEFRONT LOTS on LAKE LEON, this unique property includes 7 additional waterfront lots, allowing you to preserve the privacy of your estate, create a family compound, or unlock future investment potential as waterfront inventory continues to shrink. Enter through the gated courtyard and discover a warm, inviting lake house filled with natural light from 68 WINDOWS showcasing BREATHTAKING WATER VIEWS throughout the home. The cozy kitchen and dining area feature a breakfast bar perfect for casual gatherings, while the expansive living room impresses with CATHEDRAL CEILINGS, a FIREPLACE, a ceiling fan, and panoramic lake views. The primary suite offers a true private retreat with an ensuite bath featuring dual vanities, a garden tub, a walk-in shower, and a reinforced CONCRETE STORM SHELTER/SAFE ROOM integrated into the suite. An ELEVATOR provides convenient access upstairs. Additional rooms currently used as hobby spaces offer endless customization possibilities. The OVERSIZED 2.5-CAR GARAGE leads to an additional IN-LAW APPARTMENT with a private kitchen and bath, offering ideal accommodations for extended family, guests, potential rental income, or independent living. Additional upgrades include a 2024 ROOF. Outdoor living is at the heart of the property with expansive WRAPAROUND PORCHES and upper-level LAKEFRONT BALCONIES designed for morning coffee, peaceful afternoons, and unforgettable sunset evenings over the water. Whether you are seeking a private waterfront estate, multi-generational living setup, or a prime waterfront investment in a rapidly developing area, this one-of-a-kind property delivers unmatched flexibility and value.
Facts & features
Interior
- Bedrooms
- 3
- Bathrooms
- 4
- Living area
- 3,058 sqft
- Heating
- Electric
- Cooling
- Central Air
- Flooring
- Carpet, Laminate, Wood
- Fireplace
- Yes
- Features
- Cathedral Ceiling(s), Ceiling Fans(s), Elevator, High Ceilings, Primary Bedroom Main Floor, Thermostat
- Appliances
- Cooktop, Range, Range Hood, Refrigerator
Exterior & lot
- Lot size
- 137,214 sqft (3.15 ac)
- Waterfront
- Yes
- Roof
- Shingle
- Construction
- Frame, Wood Siding
- Exterior
- Lighting, Private Entrance, Private Mailbox, Storage
Parking
- Garage
- 2 spaces
Financial
- Annual tax
- $5,090 (2025)
- Price / sqft
- $302/sqft
Utilities
- Water
- Well
- Sewer
- Septic Tank
- Utilities
- Electricity Connected, Water Connected
Property
- Property type
- Single Family
- Year built
- 2001
- Subdivision
- LAKE LEON
- County
- Marion
Listing
- Status
- Active
- Days on market
- 79 days
- MLS #
- MFR790862591
- Source
- Stellar MLS
Listed by Tamara Nelson-McDonald · WORTH CLARK REALTY
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Sample estimate — not an appraisal
Based on 24 comparable sales within 3 miles of OCKLAWAHA, FL, this home is priced under RENA ValiQ.
Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $4,677/mo
- Property tax
- $424/mo
- Home insurance
- $0/mo
Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own bill; insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Aug 7, 2026 | Price reduced | $925,000 | −$275,000 |
| May 16, 2026 | Listed | $1,200,000 | — |
NeighbourhoodSample data
Reference scores for OCKLAWAHA, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.
Location
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