1516 Martinez Dr, photo 1
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Overview

2 bd2 ba1,546 sqft2 car garageVilla
TypeVilla
HOANone listed
Built1996
Lot4,935 sqft
Living area1,546 sqft
Price / sqft$310
Garage2 car

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)Eat-in KitchenHigh CeilingsLiving Room/Dining Room ComboOpen FloorplanSplit BedroomStone CountersVaulted Ceiling(s)

1516 Martinez Dr is a 1996-built home in The Villages, Lady Lake. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,546 square feet of living space. Listed at $479,000 (about $310/sqft), 116 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

STUCCO COURTYARD VILL ON GOLF COURSE 2-bed 2-bath with a versatile Den/Florida Room located in Villa De Laguna West in the Village of Rio Grande— On Los Lagos Golf Course, 1 mile to Spanish Springs Town center, shopping and dining on US 441 and 2.5 miles to Lake Sumter Landing. Constructed with durable block stucco and topped with a classic barrel tile roof, this home is perfectly positioned on the golf course with NO BOND! HVAC 2015, Hot Water Heater 2022. New Renewal windows by Anderson. Inside, you'll find luxury vinyl plank flooring throughout, ceiling fans in every room, and an inviting entry foyer with a hall coat closet. The eat-in kitchen features granite countertops, a stainless steel dual-basin sink, pantry closet, and plenty of workspace for everyday living and entertaining. The spacious primary suite includes a large walk-in closet and an ensuite bath with dual vanities, a step-in shower. Guests will appreciate the private access from the guest bedroom to the guest bath, creating a comfortable retreat for family and visitors. The Den/Florida room has French doors with inset blinds seamlessly connecting to the birdcage, enhancing your outdoor living experience. The large open courtyard provides the perfect setting for relaxing, entertaining, or enjoying the golf course views. Additional features include a storm front door, Bose surround sound radio system, 2-car garage with convenient access to the private courtyard This exceptional villa combines privacy, outdoor living, and golf course views in one desirable package. Be sure to watch our video and schedule an appointment to see it today! Start living the Villages dream.

The essentials

Built
1996
Price / sqft
$310
On market
116 days
Annual tax
$4,166
Flood zone
X · Low risk
Lot
4,935 sqft
Type
Villa

At a glance

Villa
Built 1996
Community pool
Shared amenity
2 car garage
Driveway
4,935 sqft lot
Lot size
1,546 sqft
Living area

Payment

Est. monthly payment
$3,085/mo
Down payment (20%)
$95,800
Property taxes
$347/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Villa
Year Built
1996
Lot
4,935 sqft
Cooling
Central Air
Heating
Central
Parking
Driveway, Garage Door Opener
Days on Market
116
Ceiling Fans(s)
Eat-in Kitchen
High Ceilings
Living Room/Dining Room Combo
Open Floorplan
Split Bedroom
Stone Counters
Vaulted Ceiling(s)
Walk-in Closet(s)
Window Treatments
Courtyard
Deed Restrictions
Golf Carts OK
Golf
Irrigation-reclaimed Water
Pool
Dishwasher
Disposal
Dryer
Electric Water Heater
Microwave
Range
Refrigerator
Washer
In a CDD (Community Development District) Flood Zone X
Annual Tax (2025)
$4,166
Parcel #
D12G025

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
The Villages
County
Sumter
MLS Area
32159 - Lady Lake (The Villages)
Lot Size
4,935 sqft
On Golf Course

Price history

Date
Event
Price
6/19/2026
Listed for sale
Source: Stellar MLS #G5113765
$479,000
$310/sqft

Neighborhood

1516 Martinez Dr
Lady Lake, FL, 32159 · 32159 - Lady Lake (The Villages)

Market insights

Offer Insights

Choose an offer strength

List price: $479,000
$467,500 – $479,000
97.7% – 100% of listTops out right at the list price
80% of listList price
20 of the last 38 townhouse or villa closings in 32159 landed at this number or higher (53%). The median one sat 28 days before it went under contract, and this one is on day 116.

Sample: 38 closed townhouse or villa sales in 32159 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$3,085/mo
Principal & interest$2,498
Property taxes$347
Insurance$240
Down payment20% · $95,800
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

$479,000

$310 per sq ft

Beds and baths

2 beds, 2 baths

Size

1,546 sq ft

Time on market

116 days

Year built

1996

Monthly payment

About $3,085/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $4,166 annual tax bill, insurance.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

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Brokered byKELLER WILLIAMS CORNERSTONE REListing agent: Karen KampermanListing data from Stellar MLS, MLS# G5113765.

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