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For sale
    • Price cut: $59K (6/24)
    $2,259,000

    4940 E Fort King St, Ocala, FL 34470

    6beds
    6,337sqft
    : 
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    Single Family Residence
    Built in 1994
    4.48 Acres Lot
    $2,068,600 Zestimate®
    $356/sqft
    $-- HOA

    What's special

    Resort-style poolModern restyled spa bathroomNew roofMature treesCustom millworkCustom window treatmentsGourmet kitchen
    Virtually Staged. Tucked behind a canopy of mature trees along one of Ocala’s most iconic corridors, 4940 E Fort King Street is not just a residence—it’s a statement of legacy, discretion, and timeless refinement. Set on 4.5 private acres, this stately estate evokes the quiet confidence of old-world wealth, where scale, symmetry, and thoughtful craftsmanship draped in custom millwork not often seen in Florida take center stage. A grand entrance welcomes you with an architectural staircase that immediately sets the tone—elegant, commanding, and unforgettable. The main residence offers six generously appointed bedroom suites, each designed with privacy and comfort in mind. In a rare and whimsical twist, every closet conceals a hidden room—an unexpected detail that blends charm with function, perfect for private retreats, dressing lounges, or imaginative spaces. Designed for both grand entertaining and intimate living, the home features formal living and dining rooms, along with a series of flexible spaces ideal for a refined office, private library, wellness room and media lounge. The gourmet kitchen serves as the heart of the home, seamlessly connecting to the main living areas and inviting gatherings that feel both effortless and elevated. The primary on the main floor encompassing one side of the home makes a grand statement with floor to ceiling windows, a modern restyled spa bathroom that will make you never want to leave and privacy that you deserve. Outdoors, the estate transforms into a secluded sanctuary. A resort-style pool, recently resurfaced and enhanced with updated Pentair systems, offers a tranquil escape framed by expansive green space and total privacy—perfect for quiet mornings or sunset entertaining. Modern enhancements have been carefully integrated without compromising the home’s classic appeal, including a new roof, four NEW HVAC systems, custom window treatments, and GAF solar shingles, delivering both efficiency and forward-thinking sustainability. The property is gated and fully fenced complemented by a beautifully appointed guest house, complete with a full kitchen, private laundry, and spacious accommodations—ideal for extended family, guests, or staff. This is a home for those who appreciate not just square footage—but substance, presence, and quiet luxury. A rare offering in the heart of Ocala, where estate living meets enduring style.
    84 days
    |
    1,183
    |
    56
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Rhonda Gailey 770-733-2596,

    GAILEY ENTERPRISES REAL ESTATE 770-733-2596,

    Richard Gailey 678-923-0007,

    GAILEY ENTERPRISES REAL ESTATE

    Source: Stellar MLS,MLS#: OM723471MLS LogoOriginating MLS: Ocala - Marion

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 8
      • Full bathrooms: 7
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Bonus Room, Den/Library/Office, Family Room, Dining Room, Living Room, Great Room, Utility Room, Media Room, Storage Rooms
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: First
      Kitchen
      • Level: First
      Living room
      • Level: First
      Heating
      • Natural Gas
      Cooling
      • Central Air, Zoned
      Appliances
      • Included: Bar Fridge, Oven, Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Filtration System, Wine Refrigerator
      • Laundry: Inside, Laundry Room
      Features
      • Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
      • Flooring: Carpet, Tile, Hardwood
      • Doors: French Doors, Outdoor Grill, Outdoor Shower
      • Windows: Window Treatments
      • Has fireplace: Yes
      • Fireplace features: Family Room, Gas
      Interior area
      • Total structure area: 6,337
      • Total interior livable area: 6,337 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Bath In Garage, Circular Driveway, Converted Garage, Garage Door Opener, Garage Faces Side, Guest, Oversized, RV Garage
      • Attached garage spaces: 4
      • Has uncovered spaces: Yes
      Features
      • Levels: Three Or More
      • Stories: 3
      • Patio & porch: Covered, Enclosed, Front Porch, Porch, Rear Porch, Screened
      • Exterior features: Lighting, Outdoor Grill, Outdoor Shower, Private Entrance, Storage
      • Has private pool: Yes
      • Pool features: Gunite, In Ground, Lighting, Screen Enclosure
      • Has spa: Yes
      • Spa features: In Ground
      • Fencing: Board,Fenced,Masonry,Wire
      • Has view: Yes
      • View description: Trees/Woods
      Lot
      • Size: 4.48 Acres
      • Dimensions: 315 x 620
      • Features: City Lot, Level, Oversized Lot, Private
      • Residential vegetation: Mature Landscaping, Oak Trees, Trees/Landscaped
      Details
      • Additional structures: Guest House, Storage
      • Parcel number: 2741800014
      • Zoning: R1
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Brick
      • Foundation: Block
      • Roof: Shingle
      Condition
      • Completed
      • New construction: No
      • Year built: 1994

      Utilities & green energy

      • Electric: Photovoltaics Seller Owned
      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Solar
      Green energy
      • Energy generation: Solar

      Community & HOA

      Community
      • Security: Security Gate, Security System, Smoke Detector(s)
      • Pet fee: $0 monthly
      • Subdivision: NON-SUBDIVISION
      HOA
      • Has HOA: No
      Location
      • Region: Ocala

      Financial & listing details

      • Price per square foot: $356/sqft
      • Tax assessed value: $1,509,954
      • Annual tax amount: $23,909
      • Date on market: 4/24/2026
      • Cumulative days on market: 35 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $2,068,600

        $1.97M - $2.17M

        $5,277/mo

        Price history

        DateEventPrice
        6/24/2026Price change$2,200,000-2.6%$347/sqft
        Source: My State MLS #11850217 Report a problem
        6/16/2026Listed for sale$2,259,000$356/sqft
        Source: Stellar MLS #OM723471 Report a problem
        4/28/2026Pending sale$2,259,000$356/sqft
        Source: Stellar MLS #OM723471 Report a problem
        4/24/2026Listed for sale$2,259,000$356/sqft
        Source: Stellar MLS #OM723471 Report a problem
        10/20/2025Listing removed$2,259,000$356/sqft
        Source: Stellar MLS #OM694660 Report a problem
        9/3/2025Pending sale$2,259,000$356/sqft
        Source: Stellar MLS #OM694660 Report a problem
        9/2/2025Listing removed$2,259,000$356/sqft
        Source: Stellar MLS #OM694660 Report a problem
        5/14/2025Price change$2,259,000-9.6%$356/sqft
        Source: Stellar MLS #OM694660 Report a problem
        2/6/2025Listed for sale$2,499,990+49.3%$395/sqft
        Source: Stellar MLS #OM694660 Report a problem
        6/7/2023Sold$1,675,000-4.3%$264/sqft
        Source: Public Record Report a problem
        5/20/2023Pending sale$1,750,000$276/sqft
        Source: Stellar MLS #OM643141 Report a problem
        7/23/2022Listed for sale$1,750,000+133.3%$276/sqft
        Source: Stellar MLS #OM643141 Report a problem
        8/31/2016Sold$750,000-4.9%$118/sqft
        Source: Agent Provided Report a problem
        4/28/2016Price change$789,000-1.3%$125/sqft
        Source: ROBERTS REAL ESTATE INC #425211 Report a problem
        1/6/2016Price change$799,000-6%$126/sqft
        Source: Roberts Real Estate Inc. #425211 Report a problem
        10/13/2015Price change$849,900-5.5%$134/sqft
        Source: Roberts Real Estate Inc. #425211 Report a problem
        10/11/2015Listed for sale$899,000$142/sqft
        Source: Roberts Real Estate Inc. #425211 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$23,909 +75%$1,509,954 +70.1%
        2023$13,665 +2.5%$887,673 +3%
        2022$13,328 -0.1%$861,818 +3.2%
        2021$13,344 +0.7%$834,969 +1.4%
        2020$13,255 +1.3%$823,441 +2.3%
        2019$13,088 $804,928 +1.9%
        2018$13,088 +7.8%$789,920 +2.1%
        2017$12,140 +34.1%$773,673 +34.6%
        2016$9,051 $574,758 +1.6%
        2015$9,051 +6.4%$565,784 +0.8%
        2014$8,506 +2.8%$561,294 +1.5%
        2013$8,272 +2.1%$552,999 +1.7%
        2012$8,099 +2.9%$543,755 +3%
        2011$7,873 +2.1%$527,917 +1.5%
        2010$7,710 +5.9%$520,115 +2.7%
        2009$7,280 +2%$506,441 +0.1%
        2008$7,141 0%$505,936 +3%
        2007$7,144 -7.4%$491,200 +2.5%
        2006$7,714 -2.2%$479,220 +3%
        2005$7,885 $465,263 +3%
        2004$7,885 -5.3%$451,712 +4.3%
        2002$8,327 +4.2%$432,901 +4.6%
        2001$7,990 $413,674
        2000$7,990 $413,674
        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.
        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: 34470

        Getting around

        9 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Ward-Highlands Elem. School
        • Middle: Fort King Middle School
        • High: Forest High School

        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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