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For sale
  • Price cut: $200K (6/17)
    $1,000,000

    493 Malauka Loop, Ocklawaha, FL 32179

    3beds
    3,058sqft
    : 
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    Single Family Residence
    Built in 2001
    3.15 Acres Lot
    $-- Zestimate®
    $327/sqft
    $-- HOA

    What's special

    Panoramic lake viewsGated courtyardExpansive wraparound porchesCeiling fanWarm inviting lake housePrivate lakefront acresGarden tub
    Virtually Staged. Nestled on 3.15 private lakefront acres, this extraordinary WATERFRONT retreat offers a rare combination of sunset views, multi-generational living, and exceptional development opportunity. Positioned on the 5th of 8 potential LAKEFRONT LOTS on LAKE LEON, this unique property includes 7 additional waterfront lots, allowing you to preserve the privacy of your estate, create a family compound, or unlock future investment potential as waterfront inventory continues to shrink. Enter through the gated courtyard and discover a warm, inviting lake house filled with natural light from 68 WINDOWS showcasing BREATHTAKING WATER VIEWS throughout the home. The cozy kitchen and dining area feature a breakfast bar perfect for casual gatherings, while the expansive living room impresses with CATHEDRAL CEILINGS, a FIREPLACE, a ceiling fan, and panoramic lake views. The primary suite offers a true private retreat with an ensuite bath featuring dual vanities, a garden tub, a walk-in shower, and a reinforced CONCRETE STORM SHELTER/SAFE ROOM integrated into the suite. An ELEVATOR provides convenient access upstairs. Additional rooms currently used as hobby spaces offer endless customization possibilities. The OVERSIZED 2.5-CAR GARAGE leads to an additional IN-LAW APPARTMENT with a private kitchen and bath, offering ideal accommodations for extended family, guests, potential rental income, or independent living. Additional upgrades include a 2024 ROOF. Outdoor living is at the heart of the property with expansive WRAPAROUND PORCHES and upper-level LAKEFRONT BALCONIES designed for morning coffee, peaceful afternoons, and unforgettable sunset evenings over the water. Whether you are seeking a private waterfront estate, multi-generational living setup, or a prime waterfront investment in a rapidly developing area, this one-of-a-kind property delivers unmatched flexibility and value.
    63 days
    |
    139
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tamara Nelson-McDonald 352-340-2202,

    WORTH CLARK REALTY 352-988-7777,

    Jim McDonald 352-492-1699,

    WORTH CLARK REALTY

    Source: Stellar MLS,MLS#: G5112490MLS LogoOriginating MLS: Orlando Regional

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Family Room, Garage Apartment
      Primary bedroom
      • Features: Ceiling Fan(s), Dual Sinks, En Suite Bathroom, Garden Bath, Walk-In Closet(s)
      • Level: First
      • Area: 213.05 Square Feet
      • Dimensions: 15.11x14.1
      Bedroom 2
      • Features: Walk-In Closet(s)
      • Level: Second
      • Area: 344.76 Square Feet
      • Dimensions: 16.9x20.4
      Bonus room
      • Features: Storage Closet
      • Level: Second
      • Area: 326.17 Square Feet
      • Dimensions: 16.9x19.3
      Other
      • Level: Second
      Kitchen
      • Features: Breakfast Bar
      • Level: First
      • Area: 87.2 Square Feet
      • Dimensions: 10.9x8
      Living room
      • Level: First
      • Area: 414.27 Square Feet
      • Dimensions: 20.6x20.11
      Heating
      • Electric
      Cooling
      • Central Air
      Appliances
      • Included: Cooktop, Range, Range Hood, Refrigerator
      • Laundry: In Garage
      Features
      • Cathedral Ceiling(s), Ceiling Fan(s), Elevator, High Ceilings, Primary Bedroom Main Floor, Thermostat
      • Flooring: Carpet, Laminate, Hardwood
      • Has fireplace: Yes
      • Fireplace features: Electric
      Interior area
      • Total structure area: 4,077
      • Total interior livable area: 3,058 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Oversized
      • Attached garage spaces: 2
      • Details: Garage Dimensions: 21x28
      Accessibility
      • Accessibility features: Accessible Elevator Installed
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Porch, Rear Porch, Side Porch, Wrap Around
      • Exterior features: Irrigation System, Lighting, Private Entrance, Private Mailbox, Storage
      • Has view: Yes
      • View description: Trees/Woods, Water, Lake
      • Has water view: Yes
      • Water view: Water,Lake
      • Waterfront features: Lake Front, Lake Privileges, Fishing Pier
      • Body of water: LAKE LEON
      Lot
      • Size: 3.15 Acres
      • Residential vegetation: Wooded
      Details
      • Additional structures: Shed(s), Storage
      • Parcel number: 9031095905
      • Zoning: R1
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Wood Frame, Wood Siding
      • Foundation: Concrete Perimeter
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 2001

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Electricity Connected, Water Connected

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: LAKE LEON
      HOA
      • Has HOA: No
      Location
      • Region: Ocklawaha

      Financial & listing details

      • Price per square foot: $327/sqft
      • Tax assessed value: $695,655
      • Annual tax amount: $5,090
      • Date on market: 5/20/2026
      • Cumulative days on market: 64 days
      • Listing terms: Cash,Conventional,VA Loan
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/17/2026Price change$1,000,000-16.7%$327/sqft
        Source: Stellar MLS #G5112490 Report a problem
        5/20/2026Listed for sale$1,200,000+1746.2%$392/sqft
        Source: Stellar MLS #G5112490 Report a problem
        4/30/2025Sold$65,000$21/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,817 +2.5%$328,737 +3%
        2023$4,701 +2.7%$319,162 +3%
        2022$4,578 -0.1%$309,866 +3%
        2021$4,583 +0.8%$300,841 +1.4%
        2020$4,549 +1.4%$296,687 +2.3%
        2019$4,486 $290,017 +1.9%
        2018$4,486 +7.6%$284,609 +2.1%
        2017$4,168 +0.5%$278,755 +2.1%
        2016$4,147 $273,022 +0.7%
        2015$4,147 +6.5%$271,124 +1%
        2014$3,895 +2.8%$268,564 +1.5%
        2013$3,789 +2.1%$264,595 +1.7%
        2012$3,713 +3%$260,172 +3%
        2011$3,604 +2.2%$252,594 +1.5%
        2010$3,525 +5.8%$248,861 +2.7%
        2009$3,332 +1.8%$242,318 +0.1%
        2008$3,273 -2.6%$242,076 +3%
        2007$3,361 -6.9%$235,026 +2.5%
        2006$3,609 -1.2%$229,294 +3%
        2005$3,651 $222,616 +3%
        2004$3,651 +27.4%$216,133 +36.3%
        2002$2,866 +1849.5%$158,564 +2367.5%
        2001$147 $6,426
        2000$147 $6,426
        Find assessor info on the county website

        Monthly payment

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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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 32179

        Getting around

        0 / 100
        Car-Dependent
        24 / 100
        Somewhat Bikeable

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