4861 31ST TERRACE
OCALA, FL 34480
About this home
Welcome home to this charming 3-bedroom, 2-bath residence nestled on a quiet cul-de-sac in one of Ocala’s established neighborhoods. Surrounded by beautiful mature oak trees, this property offers a peaceful setting with a spacious, fully fenced backyard and an oversized side yard perfect for gardening, outdoor activities, or simply enjoying the extra space. The cul-de-sac location also provides a long driveway with ample parking for family and guests, while the newer metal roof offers added value and peace of mind. Inside, you’ll find a spacious living room that welcomes you with plenty of room to relax or entertain. The open dining area flows seamlessly into the bright, cheerful kitchen, creating a functional layout ideal for everyday living and gatherings. A desirable split-bedroom floor plan offers privacy, with generously sized guest bedrooms and a comfortable primary suite featuring a walk-in closet and private en-suite bath. Conveniently located in Ocala, this home is just minutes from shopping, dining, medical facilities, walking/biking trails, and is situated within the sought-after Forest High School district. Whether you’re searching for your first home, a place to grow, or simply a peaceful setting with room to enjoy the outdoors, this property is ready to welcome you home.
Facts & features
Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,482 sqft
- Heating
- Heat Pump
- Cooling
- Central Air
- Flooring
- Laminate, Tile
- Stories
- 1
- Features
- Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom…
- Appliances
- Dishwasher, Range, Refrigerator
Exterior & lot
- Lot size
- 11,326 sqft (0.26 ac)
- Roof
- Metal
- Construction
- Cement Siding, Frame, Wood Siding
- Exterior
- Private Mailbox, Private Yard
Parking
- Garage
- 2 spaces
Financial
- Annual tax
- $3,013 (2025)
- Price / sqft
- $189/sqft
Utilities
- Water
- Public
- Sewer
- Septic Tank
- Utilities
- BB/HS Internet Available, Electricity Connected, Water Connected
Property
- Property type
- Single Family
- Year built
- 1987
- Subdivision
- SOUTH OAK
- County
- Marion
Assigned schools
- High
- Forest High School
Listing
- Status
- Active
- Days on market
- Today
- MLS #
- MFR801639840
- Source
- Stellar MLS
Listed by Heather Mangus · PEGASUS REALTY & ASSOC INC
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Sample estimate — not an appraisal
Based on 18 comparable sales within 1 mile of OCALA, FL. 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
- $1,490/mo
- Property tax
- $210/mo
- Home insurance
- $200/mo
Tax, insurance and HOA are editable estimates with Florida-typical defaults — Florida homeowners insurance in particular varies widely by location and elevation. Confirm exact figures with a lender and insurer.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Price historySample data
Reference timeline for $280,000. Live MLS history swaps in with the Stellar feed.
| Date | Event | Price | Change |
|---|---|---|---|
| 2026-08 | Listing updated | $280,000 | — |
| 2026-04 | Price changed | $280,000 | −$14,000 |
| 2026-03 | Listed | $294,000 | — |
NeighbourhoodSample data
Reference scores for OCALA, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.
Location
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