20500 NW 27th St, photo 1
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Overview

3 bd3 ba2,425 sqft2 car garageSingle Family
TypeSingle Family
HOANone listed
Built1993
Lot443,440 sqft
Living area2,425 sqft
Price / sqft$268
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 KitchenWalk-in Closet(s)Rain GuttersRv HookupStorageDishwasherDryer

20500 NW 27th St is a 1993-built home in N/A, Morriston. Inside you'll find 3 bedrooms, 3 bathrooms, and 2,425 square feet of living space. Listed at $650,000 (about $268/sqft), 33 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

Over 10 acres with a 3 bedroom, 3 bath home plus a flex room, and outbuildings already in place to make the most of the property. This offering includes 10.18 acres surrounding the home, with room for agricultural use, animals, recreation, equipment, and plenty of space to enjoy the privacy of country living—all with no HOA, and near WEC. A gated entrance welcomes you to the property, and the exterior features truly set this property apart. New wire fencing with 6" posts creates a fully usable setup for pasture and agricultural purposes. The property includes multiple outbuildings with electricity- a 2,500 square foot shop barn, 576 SF detached garage, 12’ x 8’ tack building, and a 20’ x 12’ workshop providing dedicated spaces for equipment, tack, tools, hobbies, storage, and projects. Along with an approximately 40’ x 10’ pole barn. And a 25' x 65' concrete RV pad with utility connections in place. A 2nd home is allowed per MC P&Z. This home offers 2,425 square feet of living space with a functional layout and plenty of room to make it your own. The home features ample closet space throughout, a formal living room, and a large family room overlooking your beautiful property. A private room near the kitchen with built-in shelving provides flexible space for a home office, hobby room, storage, or additional living space, and also connects directly to a bedroom. The 3rd bedroom was recently used as a dressing room and walk in closet, having natural light with a window overlooking the open pasture. This room would also make a great nursery. The home features a metal roof, 2024 drain field, 2018 water heater, and well pump replaced in 2026. With established improvements, a gated entrance, and room to spread out, this property offers the flexibility that’s difficult to find. Whether you’re looking for agricultural acreage, space for animals and equipment, a place to pursue hobbies and projects, or simply more room and privacy, this property gives you the land and infrastructure to make it your own. Less than 15 miles to the entrance of the World Equestrian Center.

The essentials

Built
1993
Price / sqft
$268
On market
62 days
Annual tax
$2,959
Flood zone
X · Low risk
Lot
443,440 sqft
Type
Single Family Residence

At a glance

Single family
Built 1993
2 car garage
Garage Door Opener
10.18 acres
Lot size
2,425 sqft
Living area

Payment

Est. monthly payment
$3,962/mo
Down payment (20%)
$130,000
Property taxes
$247/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1993
Lot
443,440 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
Garage Door Opener, Parking Pad, RV Access/Parking
Days on Market
62
Ceiling Fans(s)
Eat-in Kitchen
Walk-in Closet(s)
Rain Gutters
Rv Hookup
Storage
Dishwasher
Dryer
Range
Refrigerator
Washer
Elementary
Romeo Elementary School
Middle
Dunnellon Middle School
High
Dunnellon 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 (2025)
$2,959
Parcel #
17210-010-00

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
N/A
County
Marion
MLS Area
32668 - Morriston
Lot Size
443,440 sqft
Pasture

Price history

Date
Event
Price
8/27/2026
Price change
Source: Stellar MLS #OM730154
$650,000-48.0%
$268/sqft
8/8/2026
Listed for sale
Source: Stellar MLS #OM730154
$1,250,000
$515/sqft

Neighborhood

20500 NW 27th St
Morriston, FL, 32668 · 32668 - Morriston

Market insights

Offer Insights

Choose an offer strength

List price: $650,000
$620,000 – $650,000
95% – 100% of listTops out right at the list price
80% of listList price
31 of the last 61 home closings in 32668 landed at this number or higher (51%). The median one sat 59 days before it went under contract, and this one is on day 62 after a $600,000 cut.

Sample: 61 closed home sales in 32668 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$3,962/mo
Principal & interest$3,390
Property taxes$247
Insurance$325
Down payment20% · $130,000
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

$650,000

$268 per sq ft

Beds and baths

3 beds, 3 baths

Size

2,425 sq ft

Time on market

62 days

Year built

1993

Monthly payment

About $3,962/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,959 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: Penny TerryListing data from Stellar MLS, MLS# OM730154.

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