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About this home
398 S Marion Ave is a 1926-built home in Ashurst Sub, Lake City. Inside you'll find 4 bedrooms, 3 bathrooms, and 2,079 square feet of living space. Listed at $349,000 (about $168/sqft), 71 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Step back in time without sacrificing modern convenience in this beautifully restored 1926 historic home, ideally located in the sought-after Lake Isabella Historic District in the heart of downtown Lake City. Offering 2,079 heated square feet (2,673 total square feet), this timeless two-story residence has been thoughtfully renovated to preserve its original character while providing today's most desired updates. From the moment you arrive, you'll be captivated by the expansive covered front porch, classic architecture, and side portico. Inside, soaring 9+ foot ceilings, freshly painted interiors, original glass doorknobs, and gorgeous hardwood floors create a warm, inviting atmosphere filled with historic charm. The home has undergone extensive improvements, including a roof in 2020, updated plumbing and electrical systems, new fixtures and chandeliers, 5/8-inch drywall throughout, spray foam attic insulation, and new rolled insulation in the walls—offering the comfort and efficiency of a modern home while maintaining its historic appeal. The kitchen features KitchenAid stainless steel appliances, porcelain tile flooring, and ample space for gathering. Matching porcelain tile continues into the laundry room and bathrooms, while the hardwood floors extend throughout the remaining living spaces and bedrooms. A rare and highly desirable feature is the detached two-story carriage house, offering two covered parking spaces below and a private 1-bedroom, 1-bath apartment above with its own screened porch. Whether used for multi-generational living, guests, a home office, or rental income, this versatile space adds tremendous value and flexibility. Located just blocks from downtown Lake City's shops, restaurants, parks, and community events, this one-of-a-kind property blends nearly a century of history with the peace of mind of extensive modern updates. This is a rare opportunity to own one of Lake City's beautifully restored historic homes, where timeless architecture meets modern comfort and versatility.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Sample: 14 closed home sales in 32025 over the last 8 months, Stellar MLS. A small sample in a thin market. A starting point, not a guarantee.
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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
$349,000
$168 per sq ft
Beds and baths
4 beds, 3 baths
Size
2,079 sq ft
Time on market
71 days
Year built
1926
Monthly payment
About $2,194/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,400 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.
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