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Sold for $226,000
  • $226,000

    502 GRAY AVENUE, WILDWOOD, FL 34785

    4beds
    1,362sqft
    Single Family Residence
    Built in 1955
    0.41 Acres Lot
    $226,200 Zestimate®
    $166/sqft
    $2,055 Estimated rent

    Home value

    $226,200

    $213,000 - $240,000

    $2,055/mo

    Zestimate® history
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    What's special

    Eat-in breakfast barGranite countertopsAbundant natural lightVersatile roomRear bonus roomLarge front deckRear patio
    One or more photo(s) has been virtually staged. FANTASTIC BUSINESS OPPORTUNITY with ENDLESS POTENTIAL in a PRIME LOCATION just outside of The Villages! IDEALLY SITUATED, this CHARMING 4- Bedroom, 1-Bath home sits on .41 acre on the CORNER of CR466A and Gray Ave offering IMMENSE VERSATILITY and EXCELLENT PROSPECT as a primary residence, or investment/business venture! SO MANY POSSIBILITIES! NO HOA! Direct access to CR466A with an ABUNDANCE of shopping, dining, banking, medical, and more! Also, close to Brownwood Paddock Square with live nightly entertainment and weekend farmer’s markets! A LARGE, FRONT DECK welcomes you to this WONDERFUL home and provides the perfect spot to relax and sip your morning coffee or snuggle up with a good book! Step through the front door with a decorative oval-shaped, LEADED-GLASS window into the SPACIOUS, OPEN CONCEPT living and kitchen area. The AMAZING, UPDATED kitchen features WHITE CABINETRY with PULL-OUTS; GRANITE countertops; TILED backsplash; DOUBLE built-in PANTRY; STAINLESS appliances; and an EAT-In breakfast bar. The ADJACENT living room features two large windows for ABUNDANT NATURAL LIGHT. RICH, WARM, HARDWOOD flooring graces the living, dining/bonus room, and three bedrooms. A rear BONUS ROOM features TRIPLE windows overlooking the peaceful backyard and green space. This VERSATILE ROOM offers the ideal space for a dining area, den, or media room An exterior door, off of this area, allows for easy access to the rear and side yards. The EXPANSIVE, FULLY FENCED backyard provides privacy and PLENTY of space for family, pets, or outdoor projects. THREE STORAGE SHEDS and a SPACIOUS 20’x24’ CARPORT offer AMPLE room for vehicles, tools, and hobbies. There’s also a REAR PATIO for grilling or simply enjoying the BEAUTIFUL Florida weather! From the patio, an additional exterior door invites you back inside to the primary bedroom boasting a VAULTED ceiling, CROWN MOLDING, SPACIOUS WALK-IN closet, and LAMINATE floors. The bathroom features TILE flooring, a WHITE vanity and countertop, a TILED tub and shower combination, and TWO hallway LINEN closets. Three additional bedrooms, with HARDWOOD floors, are located near the main living area, and offer the perfect space for additional sleeping, an office, or a hobby room. One features a WALK-IN closet and the other two have built-in closets. Completing the package is an INTERIOR LAUNDRY with an ABUNDANCE of SHELVING for storing laundry essentials, cleaning supplies, linens, etc. WITH SO MUCH POTENTIAL, THIS INCREDIBLE HOME WON’T LAST LONG! PLEASE WATCH OUR WALKTHROUGH VIDEO of this AMAZING PROPERTY in a PRIME LOCATION, and call today to schedule your Private Showing or Virtual Tour!

    Zillow last checked:

    Listing updated:

    Listed by:

    Guy Williams Jr. LLC 352-717-7653,

    RE/MAX PREMIER REALTY LADY LK 352-753-2029

    Bought with:

    Hailey Franklin, 3502805

    MORRIS REALTY AND INVESTMENTS

    Source: Stellar MLS,MLS#: G5103586MLS LogoOriginating MLS: Lake and Sumter

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: First
    • Area: 208 Square Feet
    • Dimensions: 13x16
    Bedroom 2
    • Features: Built-in Closet
    • Level: First
    • Area: 90 Square Feet
    • Dimensions: 10x9
    Bedroom 3
    • Features: Built-in Closet
    • Level: First
    • Area: 140 Square Feet
    • Dimensions: 14x10
    Bedroom 4
    • Features: Walk-In Closet(s)
    • Level: First
    • Area: 110 Square Feet
    • Dimensions: 10x11
    Bathroom 1
    • Level: First
    Dining room
    • Level: First
    • Area: 126 Square Feet
    • Dimensions: 14x9
    Kitchen
    • Level: First
    • Area: 154 Square Feet
    • Dimensions: 11x14
    Laundry
    • Level: First
    • Area: 35 Square Feet
    • Dimensions: 5x7
    Living room
    • Level: First
    • Area: 154 Square Feet
    • Dimensions: 14x11
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
    • Laundry: Inside, Laundry Room
    Features
    • Ceiling Fan(s), Eating Space In Kitchen, Split Bedroom, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
    • Flooring: Laminate, Tile, Vinyl, Hardwood
    • Has fireplace: No
    Interior area
    • Total structure area: 1,418
    • Total interior livable area: 1,362 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Covered, Ground Level, Off Street
    • Carport spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Storage
    • Fencing: Chain Link
    Lot
    • Size: 0.41 Acres
    • Dimensions: 150 x 140
    • Features: Corner Lot, Landscaped
    • Residential vegetation: Trees/Landscaped
    Details
    • Additional structures: Shed(s)
    • Parcel number: G05H001
    • Zoning: RESI
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block
    • Foundation: Crawlspace
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1955

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Public

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: GRAY PORTERS SUB
    HOA
    • Has HOA: No
    Location
    • Region: Wildwood

    Financial & listing details

    • Price per square foot: $166/sqft
    • Tax assessed value: $99,300
    • Annual tax amount: $379
    • Date on market: 10/27/2025
    • Cumulative days on market: 118 days
    • Listing terms: Cash
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/18/2026Sold$226,000-9.6%$166/sqft
    Source: Stellar MLS #G5103586 Report a problem
    2/25/2026Pending sale$249,900$183/sqft
    Source: Stellar MLS #G5103586 Report a problem
    1/12/2026Price change$249,900-3.9%$183/sqft
    Source: Stellar MLS #G5103586 Report a problem
    11/12/2025Price change$260,000-10.3%$191/sqft
    Source: Stellar MLS #G5103586 Report a problem
    10/27/2025Listed for sale$290,000$213/sqft
    Source: Stellar MLS #G5103586 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$760 +2.4%$62,730 +2.9%
    2024$742 +48.1%$60,970 +3%
    2023$501 +1.6%$59,200 +3%
    2022$493 -5.8%$57,480 +3%
    2021$524 -2.5%$55,810 +1.4%
    2020$537 $55,040 +2.3%
    2019$537 -0.5%$53,810 +1.9%
    2018$540 $52,810 +2.1%
    2017-- $51,730 +2.1%
    2016-- $50,670 +0.7%
    2015-- $50,320
    2014-- $50,320 -4.5%
    2013-- $52,700 +1.7%
    2012-- $51,820 +21.2%
    2011-- $42,743 +1.5%
    2010-- $42,112 +2.7%
    2009-- $41,005 +0.1%
    2008-- $40,965 +3%
    2007-- $39,772 +2.5%
    2006-- $38,802 +3%
    2005-- $37,672 +3%
    2004-- $36,575 +1.5%
    2003-- $36,036 +2.4%
    2002-- $35,191 +1.6%
    2001-- $34,637 +3%
    2000-- $33,628 +2.7%
    1999-- $32,740
    Find assessor info on the county website

    Neighborhood: 34785

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $226,200
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $226,200