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Accepting backups
  • Price cut: $10.2K (7/27)
    $514,700

    481 ISLAND HOUSE PATH, THE VILLAGES, FL 32163

    3beds
    1,903sqft
    : 
    $3,423/mo
    Get pre-qualified
    Single Family Residence
    Built in 2017
    5,618 Square Feet Lot
    $-- Zestimate®
    $270/sqft
    $204/mo HOA

    What's special

    Generous workspaceFlexible living spaceBeautiful curb appealCharming screened front porchSpacious primary suiteClimate-controlled enclosed lanaiLuxury vinyl flooring throughout
    Under contract-accepting backup offers. ASSUMABLE 2.25% FHA LOAN AVAILABLE FOR QUALIFIED BUYERS! This expanded Bayberry Designer Home in the sought-after Village of Osceola Hills offers the rare combination of flexible living space, a 2-car plus golf cart garage, climate-controlled enclosed lanai, and approximately 2,000 sq. ft. of beautifully maintained living space—all just a short golf cart ride to championship golf, recreation centers, shopping, dining, and nightly entertainment in The Villages. Welcome to 481 Island House Path, where comfort, style, and the renowned Villages lifestyle come together. Built with durable block and stucco construction, this thoughtfully designed 3-bedroom, 3-bath home offers an open floor plan ideal for everyday living and entertaining. A charming screened front porch creates a welcoming first impression and provides the perfect spot to enjoy your morning coffee or visit with neighbors. Inside, you will find luxury vinyl flooring throughout, and an open-concept design that creates a bright, spacious feel. The kitchen is the heart of the home, featuring quartz countertops, abundant cabinetry, generous workspace, and a seamless flow into the dining and living areas—perfect for hosting family and friends. The spacious primary suite offers a relaxing retreat with a large walk-in closet and an ensuite bath featuring a Roman shower. Two additional bedrooms and two full bathrooms provide excellent privacy and flexibility for guests, hobbies, or a home office. One of this home's standout features is the private enclosed rear lanai, complete with its own mini-split heating and cooling system, creating valuable year-round living space that can serve as a Florida room, hobby area, fitness room, or second living area. Combined with the screened front porch, this home offers exceptional indoor-outdoor living. Additional highlights include the spacious 2-car plus golf cart garage and beautiful curb appeal in one of The Villages' most desirable neighborhoods. An exceptional financial opportunity awaits qualified buyers with an assumable FHA mortgage of approximately $213,000 at an incredibly low 2.25% interest rate, maturing in October 2050—potentially providing significant monthly savings compared to today's market rates.
    141 days
    672
    24

    Zillow last checked:

    Listing updated:

    Listed by:

    Holly McEntire 352-640-0144,

    REALTY EXECUTIVES IN THE VILLAGES 352-753-7500

    Source: Stellar MLS,MLS#: G5111007MLS LogoOriginating MLS: Ocala - Marion

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Utility Room
      Primary bedroom
      • Features: En Suite Bathroom, Walk-In Closet(s)
      • Level: First
      Bedroom 2
      • Features: Ceiling Fan(s), Built-in Closet
      • Level: First
      Bedroom 3
      • Features: Ceiling Fan(s), Built-in Closet
      • Level: First
      Primary bathroom
      • Features: Shower No Tub, Linen Closet
      • Level: First
      Bathroom 2
      • Features: Shower No Tub, No Closet
      • Level: First
      Bathroom 3
      • Features: Tub With Shower, No Closet
      • Level: First
      Kitchen
      • Features: Bar, No Closet
      • Level: First
      Living room
      • Features: Ceiling Fan(s), No Closet
      • Level: First
      Heating
      • Heat Pump
      Cooling
      • Central Air, Ductless
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
      • Laundry: Electric Dryer Hookup, Inside, Laundry Room
      Features
      • Ceiling Fan(s), High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Thermostat
      • Flooring: Laminate
      • Doors: Sliding Doors
      • Has fireplace: No
      Interior area
      • Total structure area: 2,784
      • Total interior livable area: 1,903 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Golf Cart Garage
      • Attached garage spaces: 3
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Irrigation System
      Lot
      • Size: 5,618 Square Feet
      • Features: Landscaped, Near Golf Course
      Details
      • Parcel number: G13G116
      • Zoning: RESI
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • Completed
      • New construction: No
      • Year built: 2017

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: Clubhouse, Deed Restrictions, Gated Community - No Guard, Golf Carts OK, Pool
      • Pet fee: $0 monthly
      • Senior community: Yes
      • Subdivision: VILLAGES/SUMTER UN 191
      HOA
      • Has HOA: Yes
      • Amenities included: Gated, Golf Course, Pickleball Court(s), Pool, Recreation Facilities, Shuffleboard Court
      • HOA fee: $204 monthly
      Location
      • Region: The Villages

      Financial & listing details

      • Price per square foot: $270/sqft
      • Tax assessed value: $423,190
      • Annual tax amount: $5,735
      • Date on market: 4/14/2026
      • Cumulative days on market: 142 days
      • Listing terms: Assumable,Cash,Conventional,FHA,VA Loan
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/27/2026Price change$514,700-1.9%$270/sqft
        Source: Stellar MLS #G5111007 Report a problem
        7/1/2026Price change$524,900-0.9%$276/sqft
        Source: Stellar MLS #G5111007 Report a problem
        4/14/2026Listed for sale$529,900+53.6%$278/sqft
        Source: Stellar MLS #G5111007 Report a problem
        10/2/2020Sold$345,000+37.2%$181/sqft
        Source: Public Record Report a problem
        6/14/2017Sold$251,400$132/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,736 +1.9%$357,770 +2.9%
        2024$5,630 +4.4%$347,690 +3%
        2023$5,394 -1.8%$337,570 +3%
        2022$5,492 -3.9%$327,740 +3%
        2021$5,715 +9.5%$318,200 +18.3%
        2020$5,217 $268,910 +2.3%
        2019$5,217 0%$262,870 -0.9%
        2018$5,219 +4.8%$265,350 +1474.8%
        2017$4,982 +104.3%$16,850
        2016$2,439 0%$16,850 +423.3%
        2015$2,440 $3,220
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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: 32163

        Getting around

        1 / 100
        Car-Dependent
        40 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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