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For sale
    • Price cut: $4K (7/10)
    $265,900

    40 S Masters Dr, Homosassa, FL 34446

    2beds
    1,836sqft
    : 
    $1,979/mo
    Get pre-qualified
    Single Family Residence
    Built in 1988
    7,405 Square Feet Lot
    $259,200 Zestimate®
    $145/sqft
    $236/mo HOA

    What's special

    Tiled lanaiGreat storageLaundry roomWasher and dryerLarge open kitchenWood cabinetsStainless steel appliances
    Beautifully maintained 2 bedroom, 2 bath home in Sugarmill Woods. Neutral colors throughout, built in cabinets in dining room and living room. Tiled lanai is air conditioned providing year round enjoyment. Roof - 2024. Large open kitchen with wood cabinets. Stainless steel appliances - dining area in kitchen. Laundry room with washer and dryer. 2 car garage with great storage. Monthly maintenance fee takes care of landscaping, watering, pest control outside, trash pickup. Lock the door and travel whenever with peace of mind in this wonderful neighborhood. The area provides wonderful fishing, boating, kayaking, thrift shopping. Sugarmill offers golfing, tennis, pickleball, swimming, and the country club has special events and a restaurant. Schedule your showing today!
    284 days
    |
    148
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Gloria Reagan 352-345-1192,

    Tropic Shores Realty

    Source: Realtors Association of Citrus County,MLS#: 849781MLS LogoOriginating MLS: Realtors Association of Citrus County

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Heat Pump
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Disposal, Refrigerator, Washer
      • Laundry: Laundry - Living Area
      Features
      • Wet Bar, Bookcases, Cathedral Ceiling(s), Dual Sinks, Eat-in Kitchen, Laminate Counters, Main Level Primary, Primary Suite, Open Floorplan, Pantry, Split Bedrooms, Shower Only, Separate Shower, Walk-In Closet(s), Wood Cabinets, Window Treatments, Programmable Thermostat, Sliding Glass Door(s)
      • Flooring: Carpet, Tile, Vinyl
      • Doors: Sliding Doors
      • Windows: Blinds, Drapes
      Interior area
      • Total structure area: 2,412
      • Total interior livable area: 1,836 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Driveway, Garage, Paved, Private, Parking Space(s)
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Sprinkler/Irrigation, Landscaping, Lighting, Paved Driveway
      • Pool features: None
      Lot
      • Size: 7,405 Square Feet
      • Features: Cleared, On Golf Course
      Details
      • Parcel number: 2506971
      • Zoning: PDR
      • Special conditions: Standard,Listed As-Is

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Detached,One Story
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      • Foundation: Block, Slab
      • Roof: Asphalt,Shingle
      Condition
      • New construction: No
      • Year built: 1988

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Underground Utilities

      Community & HOA

      Community
      • Features: Clubhouse, Fitness, Golf, Pickleball, Putting Green, Restaurant, Shopping, Street Lights, Tennis Court(s)
      • Security: Smoke Detector(s)
      • Subdivision: Sugarmill Woods - Cypress Village
      HOA
      • Has HOA: Yes
      • Services included: Legal/Accounting, None
      • HOA fee: $132 annually
      • HOA name: Sugarmill Woods Cypress
      • Second HOA fee: $225 monthly
      • Second HOA name: Oakleaf Villas
      Location
      • Region: Homosassa

      Financial & listing details

      • Price per square foot: $145/sqft
      • Tax assessed value: $187,707
      • Annual tax amount: $2,701
      • Date on market: 11/8/2025
      • Cumulative days on market: 281 days
      • Listing terms: Cash,Conventional
      • Road surface type: Paved

        Estimated market value

        $259,200

        $246,000 - $272,000

        $1,958/mo

        Price history

        DateEventPrice
        7/10/2026Price change$265,900-1.5%$145/sqft
        Source: Realtors Association of Citrus County #849781 Report a problem
        5/5/2026Price change$269,900-3.6%$147/sqft
        Source: Realtors Association of Citrus County #849781 Report a problem
        4/17/2026Price change$279,900-1.8%$152/sqft
        Source: Realtors Association of Citrus County #849781 Report a problem
        11/8/2025Listed for sale$284,999+235.3%$155/sqft
        Source: Realtors Association of Citrus County #849781 Report a problem
        11/3/2009Sold$85,000-32%$46/sqft
        Source: Public Record Report a problem
        9/29/2009Price change$125,000-15.3%$68/sqft
        Source: ERA Key I Realty, Inc. #336617 Report a problem
        3/29/2009Price change$147,500-7.2%$80/sqft
        Source: iHOUSEWeb Solutions, Inc #317525 Report a problem
        11/24/2008Listed for sale$158,900$87/sqft
        Source: NCI Report a problem
        7/16/2008Listing removed$158,900$87/sqft
        Source: NCI Report a problem
        6/4/2008Listed for sale$158,900-5.4%$87/sqft
        Source: NCI Report a problem
        12/7/2007Listing removed$167,900$91/sqft
        Source: ERA #317525 Report a problem
        11/12/2007Listed for sale$167,900$91/sqft
        Source: ERA #317525 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,963 +9.7%$180,690 +10%
        2024$2,701 +1.6%$164,264 +10%
        2023$2,659 +21%$149,331 +10%
        2022$2,198 +12.7%$135,755 +10%
        2021$1,951 -1.4%$123,414 -3%
        2020$1,979 +5.5%$127,254 +9.4%
        2019$1,875 +6.1%$116,349 +0.7%
        2018$1,768 $115,545 +20.2%
        2017$1,768 +10.7%$96,156 -2.5%
        2016$1,597 -5.8%$98,571 +4.1%
        2015$1,694 +1.4%$94,730 +5%
        2014$1,670 +8%$90,200 +5.3%
        2013$1,547 +1.1%$85,630 -7.9%
        2012$1,530 -7.7%$92,987 -7.7%
        2011$1,658 +3.2%$100,750 +1%
        2010$1,608 -24.9%$99,719 -22.6%
        2009$2,140 -5.2%$128,899 -5.9%
        2008$2,256 +69%$136,938 +28.2%
        2007$1,335 -0.3%$106,800 +2.5%
        2006$1,339 -5.5%$104,200 +3%
        2005$1,417 -0.5%$101,200 +3%
        2004$1,425 +5.7%$98,300 +1.9%
        2003$1,348 +0.4%$96,500 +0.1%
        2002$1,342 +4.4%$96,400 +3.2%
        2000$1,285 $93,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Sugarmill Woods

        Getting around

        3 / 100
        Car-Dependent
        24 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Lecanto Primary
        • Middle: Lecanto Middle
        • High: Lecanto High

        Source: Realtors Association of Citrus County. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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