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Sold for $640,000
  • $640,000

    2529 SW 118TH TERRACE, GAINESVILLE, FL 32608

    5beds
    2,727sqft
    Single Family Residence
    Built in 2016
    8,276 Square Feet Lot
    $639,900 Zestimate®
    $235/sqft
    $3,465 Estimated rent

    Home value

    $639,900

    $608,000 - $672,000

    $3,465/mo

    Zestimate® history
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    What's special

    Abundant workspaceOversized screened lanaiDedicated studyImpressive curb appealElegant tray ceilingExpansive kitchenAttractive architectural details
    Welcome to Oakmont, one of Gainesville's most sought-after communities, where resort-style living meets exceptional design. Built by ICI Homes in 2016, this beautifully maintained 4-bedroom, 3-bathroom home with a dedicated study offers a highly desirable three-way split floor plan, providing privacy and comfort for every member of the household. From the moment you arrive, you'll be captivated by the home's impressive curb appeal, highlighted by a spacious front patio, attractive architectural details, and lush landscaping. Step inside to an inviting foyer that opens to a formal dining room featuring an elegant tray ceiling, creating the perfect setting for entertaining and special occasions. The heart of the home is the expansive kitchen, thoughtfully designed with abundant workspace, ample cabinetry, and seamless views of the spacious great room. Filled with natural light, the great room offers an open and welcoming atmosphere, complete with large sliding glass doors that extend your living space outdoors. Retreat to the oversized screened lanai, where a stunning stone fireplace creates the perfect backdrop for year-round relaxation and entertaining. The private backyard is fully fenced and surrounded by mature hedges, offering a peaceful and secluded outdoor oasis. The owner's suite enjoys its own private wing of the home, while the additional bedrooms are thoughtfully positioned throughout the split floor plan for maximum privacy. A dedicated study provides the ideal space for working from home, a library, or a hobby room. Residents of Oakmont enjoy access to some of the finest amenities in Gainesville, including a grand clubhouse, heated resort-style pool with lap lanes and a children's fountain area, fitness center, pickleball courts, tennis courts, basketball courts, playgrounds, and beautifully maintained common areas. This exceptional home combines thoughtful design, quality construction, and an unbeatable community lifestyle—all in one remarkable package.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tiffany Thomas 352-316-5556,

    BHGRE THOMAS GROUP 352-226-8228

    Bought with:

    Julie Stockman, 3596790

    CAMPUS TO COAST REALTY, LLC

    Source: Stellar MLS,MLS#: GC541291MLS LogoOriginating MLS: Gainesville-Alachua

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Den/Library/Office, Great Room, Utility Room
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
    • Laundry: Laundry Room, Other
    Features
    • Ceiling Fan(s), Crown Molding, Other, Primary Bedroom Main Floor, Split Bedroom
    • Flooring: Tile
    • Has fireplace: Yes
    • Fireplace features: Gas, Outside
    Interior area
    • Total structure area: 3,767
    • Total interior livable area: 2,727 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: Accessible Bedroom, Accessible Entrance, Accessible Full Bath
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Screened
    • Exterior features: Irrigation System
    Lot
    • Size: 8,276 Square Feet
    • Features: Cleared
    Details
    • Parcel number: 04427111014
    • Zoning: PD
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Craftsman
    • Property subtype: Single Family Residence
    Materials
    • Cement Siding, Concrete, Wood Frame
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Completed
    • New construction: No
    • Year built: 2016
    Details
    • Builder model: Belaire Craftsman
    • Builder name: ICI Homes

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Street Lights, Underground Utilities
    Green energy
    • Energy efficient items: Thermostat, Windows
    • Water conservation: Irrigation-Reclaimed Water, Low-Flow Fixtures

    Community & HOA

    Community
    • Features: Clubhouse, Fitness Center, Pool, Sidewalks, Tennis Court(s)
    • Pet fee: $0 monthly
    • Subdivision: OAKMONT PH 1 UNIT 1A
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Fitness Center, Pool, Tennis Court(s)
    • HOA fee: $8 monthly
    • HOA name: Leland Management
    Location
    • Region: Gainesville

    Financial & listing details

    • Price per square foot: $235/sqft
    • Tax assessed value: $595,864
    • Annual tax amount: $10,276
    • Date on market: 6/25/2026
    • Cumulative days on market: 74 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/30/2026Sold$640,000+0%$235/sqft
    Source: Stellar MLS #GC541291 Report a problem
    8/31/2026Price change$639,900-1.5%$235/sqft
    Source: Stellar MLS #GC541291 Report a problem
    6/25/2026Listed for sale$649,900+58.9%$238/sqft
    Source: Stellar MLS #GC541291 Report a problem
    9/30/2016Sold$408,900$150/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,276 +3.4%$366,593 +2.9%
    2024$9,937 +2.9%$356,262 +3%
    2023$9,659 +5.4%$345,885 +3%
    2022$9,163 +2.7%$335,811 +3%
    2021$8,919 +4.7%$326,030 +1.4%
    2020$8,521 +2.3%$321,529 +2.3%
    2019$8,330 $314,300 +1.9%
    2018$8,330 +4.4%$308,440 +2.1%
    2017$7,976 +0.1%$302,100 +610.8%
    2016$7,969 +226.5%$42,500 +6.3%
    2015$2,441 $40,000
    Find assessor info on the county website

    Neighborhood: 32608

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lawton M. Chiles Elementary School-AL
    • Middle: Kanapaha Middle School-AL
    • High: F. W. Buchholz High School-AL

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $639,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $639,900