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Overview

3 bd4 ba3,058 sqft2 car garageSingle Family
TypeSingle Family
HOANone listed
Built2001
Lot137,214 sqft
Living area3,058 sqft
Price / sqft$302
Garage2 car

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About this home

Cathedral Ceiling(s)Ceiling Fans(s)ElevatorHigh CeilingsPrimary Bedroom Main FloorThermostatLightingPrivate Entrance

493 Malauka Loop is a 2001-built home in Lake Leon, Ocklawaha. Inside you'll find 3 bedrooms, 4 bathrooms, and 3,058 square feet of living space. Listed at $925,000 (about $302/sqft), 150 days on market. Flood zone A - confirm flood insurance requirements with your lender.

From the listing

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.

The essentials

Built
2001
Price / sqft
$302
On market
150 days
Annual tax
$5,090
Flood zone
A
Lot
137,214 sqft
Type
Single Family Residence

At a glance

Single family
Built 2001
Waterfront
Lake Front
2 car garage
Oversized
3.15 acres
Lot size
3,058 sqft
Living area

Payment

Est. monthly payment
$5,711/mo
Down payment (20%)
$185,000
Property taxes
$424/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
2001
Lot
137,214 sqft
Cooling
Central Air
Heating
Electric
Parking
Oversized
Waterfront
Lake Front
Days on Market
150
Cathedral Ceiling(s)
Ceiling Fans(s)
Elevator
High Ceilings
Primary Bedroom Main Floor
Thermostat
Lighting
Private Entrance
Private Mailbox
Storage
Cooktop
Range
Range Hood
Refrigerator
Homestead exemption on file Flood Zone A
Annual Tax (2025)
$5,090
Parcel #
9031-0959-05

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Lake Leon
County
Marion
MLS Area
32179 - Ocklawaha
Lot Size
137,214 sqft

Price history

Date
Event
Price
8/7/2026
Price change
Source: Stellar MLS #G5112490
$925,000-7.5%
$302/sqft
-
Price change
Source: Stellar MLS #G5112490
$1,000,000-16.7%
$327/sqft
5/16/2026
Listed for sale
Source: Stellar MLS #G5112490
$1,200,000
$392/sqft

Neighborhood

493 Malauka Loop
Ocklawaha, FL, 32179 · 32179 - Ocklawaha

Market insights

Offer Insights

Choose an offer strength

List price: $925,000
$900,000 – $925,000
97.3% – 100% of listTops out right at the list price
80% of listList price
72 of the last 143 home closings in 32179 landed at this number or higher (50%). The median one sat 59 days before it went under contract, and this one is on day 150 after a $275,000 cut.

Sample: 143 closed home sales in 32179 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$5,711/mo
Principal & interest$4,824
Property taxes$424
Insurance$463
Down payment20% · $185,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$925,000

$302 per sq ft

Beds and baths

3 beds, 4 baths

Size

3,058 sq ft

Time on market

150 days

Year built

2001

Monthly payment

About $5,711/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $5,090 annual tax bill, insurance.

Flood zone

Zone A

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

What should I offer?

Have another question?

Brokered byWORTH CLARK REALTYListing agent: Tamara Nelson-McDonaldListing data from Stellar MLS, MLS# G5112490.

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