PRICE IMPROVEMENT!!! CHAIN OF LAKES CANAL FRONTAGE!!!! This beautiful home is located in the very sought after Banana Point Subdivision. With 2 acres of gorgeous mature landscaping, majestic oak trees, and no rear neighbors, it is serenity at its finest! The boat house with a lift sits, on the Palatlakaha River leading out to the chain of lakes. Perfect for spending lazy days on the boat with friends and family! This home is perfect for entertaining with it's open concept, stunning stone fireplace. huge family room, well appointed kitchen and split plan, spacious bedrooms for extra privacy for you and your guests! Not to mention the covered screened lanai for relaxing in the morning with a cup of coffee or hosting BBQs in the evening! Improvements to include roof (2019), hot water heater (2020), bladder tank (2020), iron blocker (2020) ,Master shower (2020), front windows and guest bathroom window replaced ((2021), bedroom windows (2023), back room windows replaced (2018), HVAC (2018), wired for generator (2024), well (2024), bedroom carpets (2023), boathouse (2019), resurfaced and expanded (2024), gutters (2019), Don't miss out on this truly very rare, one of a kind home and neighborhood! They don't make them like this anymore!
Sold for $735,000
$735,000
5100 BANANA POINT DRIVE, OKAHUMPKA, FL 34762
3beds
2,810sqft
Single Family Residence
Built in 1997
1.95 Acres Lot
$730,900 Zestimate®
$262/sqft
$2,922 Estimated rent
Home value
$730,900
$672,000 - $797,000
$2,922/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Val Palmer 352-636-5078,
DISCOVER FLORIDA REALTY 352-314-3040
Bought with:
Adolfo Pereira IV, 3305478
MARGAUX REALTY INC
Source: Stellar MLS,MLS#: G5094264
Originating MLS: Lake and Sumter
Originating MLS: Lake and Sumter
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: En Suite Bathroom, Walk-In Closet(s)
- Level: First
Bedroom 2
- Features: Walk-In Closet(s)
- Level: First
Bedroom 3
- Features: Walk-In Closet(s)
- Level: First
Primary bathroom
- Features: Bath w Spa/Hydro Massage Tub
- Level: First
Bathroom 2
- Features: Shower No Tub
- Level: First
Balcony porch lanai
- Level: First
Dining room
- Level: First
Family room
- Level: First
Foyer
- Level: First
Kitchen
- Level: First
Laundry
- Level: First
Living room
- Level: First
Office
- Level: First
Heating
- Central, Electric
Cooling
- Central Air, Ductless
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Laundry: Inside, Laundry Room
Features
- Built-in Features, Ceiling Fan(s), Chair Rail, Crown Molding, Open Floorplan, Primary Bedroom Main Floor, Stone Counters
- Flooring: Carpet, Ceramic Tile
- Windows: Window Treatments
- Has fireplace: Yes
- Fireplace features: Living Room, Stone, Wood Burning
Interior area
- Total structure area: 3,692
- Total interior livable area: 2,810 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Exterior features: Irrigation System, Private Mailbox, Rain Gutters, Sidewalk
- Has view: Yes
- View description: Trees/Woods, Canal
- Has water view: Yes
- Water view: Canal
- Waterfront features: Canal - Freshwater, Freshwater Canal Access, Lift - Covered
Lot
- Size: 1.95 Acres
- Residential vegetation: Mature Landscaping, Oak Trees, Trees/Landscaped
Details
- Additional structures: Boat House
- Additional parcels included: 11-20-24-0001-000-03200
- Parcel number: 122024005000001100
- Zoning: R-1
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1997
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Cable Connected, Electricity Connected, Public, Sprinkler Well, Street Lights
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: BANANA POINT II SUB
HOA
- Has HOA: Yes
- HOA fee: $29 monthly
- HOA name: Annice Sherritt President of HOA
Location
- Region: Okahumpka
Financial & listing details
- Price per square foot: $262/sqft
- Tax assessed value: $492,092
- Annual tax amount: $5,641
- Date on market: 3/14/2025
- Cumulative days on market: 131 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/5/2025 | Sold | $735,000-1.9%$262/sqft |
Source:  Stellar MLS #G5094264 Report a problem | ||
| 7/23/2025 | Pending sale | $749,000$267/sqft |
Source: Stellar MLS #G5094264 Report a problem | ||
| 5/27/2025 | Price change | $749,000-2.1%$267/sqft |
Source: Stellar MLS #G5094264 Report a problem | ||
| 4/30/2025 | Price change | $765,000-4.3%$272/sqft |
Source: Stellar MLS #G5094264 Report a problem | ||
| 3/14/2025 | Listed for sale | $799,000+80.4%$284/sqft |
Source: Stellar MLS #G5094264 Report a problem | ||
| 12/3/2018 | Sold | $443,000-1.6%$158/sqft |
Source: Public Record Report a problem | ||
| 9/19/2018 | Listed for sale | $450,000$160/sqft |
Source: MORRIS REALTY AND INVESTMENTS #G5006423 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,770 +2.3% | $409,890 +2.9% |
| 2024 | $5,641 +7.5% | $398,340 +3% |
| 2023 | $5,248 +3.7% | $386,740 +3% |
| 2022 | $5,061 +3.7% | $375,480 +3% |
| 2021 | $4,879 -5.8% | $364,548 +0.4% |
| 2020 | $5,180 +5.1% | $363,074 +6.8% |
| 2019 | $4,928 +55.4% | $339,948 +48.9% |
| 2018 | $3,171 | $228,242 +2.1% |
| 2017 | $3,171 +3% | $223,548 +2.1% |
| 2016 | $3,080 +0.3% | $218,951 +0.7% |
| 2015 | $3,069 -2.5% | $217,429 +0.8% |
| 2014 | $3,147 +21.2% | $215,704 +1.5% |
| 2013 | $2,598 +1% | $212,517 +1.7% |
| 2012 | $2,573 +3.7% | $208,965 +3% |
| 2011 | $2,480 +0.4% | $202,879 +1.5% |
| 2010 | $2,470 +3.5% | $199,881 +2.7% |
| 2009 | $2,388 +0.2% | $194,627 +0.1% |
| 2008 | $2,382 -4.5% | $194,433 +3% |
| 2007 | $2,494 -4.7% | $188,770 +2.5% |
| 2006 | $2,617 +2.4% | $184,166 +3% |
| 2005 | $2,554 +3% | $178,802 |
| 2004 | $2,479 -1.2% | -- |
| 2003 | $2,508 +12.2% | $173,714 +4.4% |
| 2002 | $2,235 | $166,367 +1.6% |
| 2001 | $2,235 +1.9% | $163,748 +3% |
| 2000 | $2,194 | $158,979 |
Find assessor info on the county website
Neighborhood: 34762
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Nearby schools
GreatSchools rating
- 2/10Leesburg Elementary SchoolGrades: PK-5Distance: 3.2 mi
- 3/10Oak Park Middle SchoolGrades: 6-8Distance: 3.2 mi
- 2/10Leesburg High SchoolGrades: 9-12Distance: 3.3 mi
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Estimated market value
$730,900
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Estimated market value
$730,900
- Florida
- Lake County
- Okahumpka
- 34762
- 5100 BANANA POINT DRIVE
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