1945 SW 40th Pl, photo 1
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Overview

4 bd4 ba3,020 sqft2 car garageSingle Family
TypeSingle Family
HOA$700/yr
Built2002
Lot54,886 sqft
Living area3,020 sqft
Price / sqft$202
Garage2 car

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

About this home

Cathedral Ceiling(s)Ceiling Fans(s)Central VaccumCrown MoldingHigh CeilingsKitchen/Family Room ComboPrimary Bedroom Main FloorSplit Bedroom

1945 SW 40th Pl is a 2002-built home in Oak Crk Caverns, Ocala. Inside you'll find 4 bedrooms, 4 bathrooms, and 3,020 square feet of living space. Listed at $610,000 (about $202/sqft), 598 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $700 semi-annually.

From the listing

REDUCED PRICE! - LOOKING FOR A STUNNING HOME IN A PRIME LOCATION? - Check out this beautiful home on 1.26 acres within the exclusive gated community of Oak Creek Caverns, this exceptional residence offers both privacy and convenience. Just minutes from hospitals, the Florida Horse Park, Trinity Catholic High School, and premier shopping, the location is second to none. This elegant home was custom built by local builder and boasts 4 spacious bedrooms and 3.5 bathrooms. One guest suite includes private bath, while two additional guest rooms share a Jack-and-Jill bathroom. The luxurious master suite features an expansive walk-in closet, direct access to the lanai, and a spa-inspired bathroom complete with soaking tub, water closet, and dual vanities. Step inside to an impressive foyer with soaring ceilings, flanked by French doors leading to formal dining room and a versatile study or living area. At the heart of the home, the open-concept family room seamlessly connects to the kitchen and breakfast nook. A cozy gas fireplace and French doors opening to the lanai create the perfect space for gathering and entertaining. High-end finishes abound, including rich wood flooring, plantation shutters, crown molding, granite countertops, custom wood cabinetry, a gas range, and an oversized walk-in pantry, additional features include a central vacuum system and a roof that's only two years old. This property combines luxury, comfort, and convenience in one remarkable package. Don't miss your chance to make it yours - schedule a private tour today!

The essentials

Built
2002
Price / sqft
$202
On market
657 days
Annual tax
$7,077
HOA
$700/yr
Flood zone
X · Low risk
Lot
54,886 sqft
Type
Single Family Residence

At a glance

Single family
Built 2002
2 car garage
1.26 acres
Lot size
3,020 sqft
Living area

Payment

Est. monthly payment
$4,134/mo
Down payment (20%)
$122,000
Property taxes
$590/mo
HOA
$700/yr
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
2002
Lot
54,886 sqft
Cooling
Central Air
Heating
Central
Parking
-
Days on Market
657
Cathedral Ceiling(s)
Ceiling Fans(s)
Central Vaccum
Crown Molding
High Ceilings
Kitchen/Family Room Combo
Primary Bedroom Main Floor
Split Bedroom
Walk-in Closet(s)
Window Treatments
French Doors
Deed Restrictions
Gated Community - No Guard
Cooktop
Dishwasher
Dryer
Exhaust Fan
Microwave
Refrigerator
Washer
Wine Refrigerator
Elementary
Shady Hill Elementary School
Middle
Liberty Middle School
High
West Port High School

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on file Flood Zone X
Annual Tax (2024)
$7,077
Parcel #
2393-002-000

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
Oak Crk Caverns
County
Marion
MLS Area
34471 - Ocala
Lot Size
54,886 sqft
ClearedCity LimitsLandscapedPaved
HOA
$700/yr
BOSSHARDT PROPERTY MANAGEMENT

Price history

Date
Event
Price
8/21/2026
Price change
Source: Stellar MLS #OM691745
$610,000-6.1%
$202/sqft
-
Price change
Source: Stellar MLS #OM691745
$649,900-5.8%
$215/sqft
12/21/2024
Listed for sale
Source: Stellar MLS #OM691745
$689,900
$228/sqft

Neighborhood

1945 SW 40th Pl
Ocala, FL, 34471 · 34471 - Ocala

Market insights

Offer Insights

Choose an offer strength

List price: $610,000
$605,000 – $610,000
98.9% – 100% of listTops out right at the list price
80% of listList price
68 of the last 134 home closings in 34471 landed at this number or higher (51%). The median one sat 45 days before it went under contract, and this one is on day 657 after a $79,900 cut.

Sample: 134 closed home sales in 34471 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$4,134/mo
Principal & interest$3,181
Property taxes$590
Insurance$305
HOA$58
Down payment20% · $122,000
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%. HOA is the fee reported on the listing. 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

$610,000

$202 per sq ft

Beds and baths

4 beds, 4 baths

Size

3,020 sq ft

Time on market

657 days

Year built

2002

Monthly payment

About $4,134/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $7,077 annual tax bill, insurance, and the $700/yr HOA fee.

HOA fee

$700/yr

Managed by BOSSHARDT PROPERTY MANAGEMENT.

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?

Have another question?

Brokered byR N B REALTYListing agent: Nancy JohnsonListing data from Stellar MLS, MLS# OM691745.

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