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Sold for $795,000
  • $795,000

    5311 NW 98th Ter, Gainesville, FL 32653

    3beds
    2,342sqft
    Single Family Residence
    Built in 1993
    1.93 Acres Lot
    $775,500 Zestimate®
    $339/sqft
    $3,142 Estimated rent

    Home value

    $775,500

    $706,000 - $853,000

    $3,142/mo

    Zestimate® history
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    What's special

    Abundance of natural lightGranite countertopsMassive windowsHigh ceilingsCharming bridgeLarge screened deck areaLarge picture windows
    A rare opportunity to own an architectural masterpiece: Frank Lloyd Wright-inspired design with the sleek sophistication of Manhattan open concept loft living. Designed by architect Tom Tonnelier in 1991, this 4-story, waterfront residence is set on nearly two acres of serene, wooded privacy in Gainesville’s prestigious 'The Hammock' neighborhood. This stunning four-level home features multiple flex spaces—including the option to convert the 1st level into a self-contained in-law suite—a swimming pool, a 360 degree observatory, two-car garage, multiple decks and balconies, and floor-to-ceiling windows that fill the interior with natural light and showcase soaring 20-foot ceilings. A custom-built sculptural spiral staircase anchors all 4-story levels, while the outdoor elevator (installed in 2024) offers access between the 1st and 2nd floors. A multi-level screened deck overlooks the 40-foot heated lap pool, creating a seamless indoor-outdoor retreat perfect for both everyday living and effortless entertaining. Upgraded in 2021, every detail has been curated for comfort and style. This unique, one-of-a-kind home offers both peace of mind and enduring design. Turnkey opportunity.

    Zillow last checked:

    Listing updated:

    Listed by:

    Rachel Kerensky 352-317-1717,

    BHGRE THOMAS GROUP 352-226-8228

    Bought with:

    Rachel Kerensky, 3449193

    BHGRE THOMAS GROUP

    Source: Stellar MLS,MLS#: GC529168MLS LogoOriginating MLS: Gainesville-Alachua

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Bonus Room, Den/Library/Office, Family Room, Great Room, Utility Room
    Primary bedroom
    • Features: Dual Closets
    • Level: Third
    Kitchen
    • Features: Breakfast Bar, Built-in Closet
    • Level: Second
    Living room
    • Level: First
    Heating
    • Central, Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Cooktop, Dishwasher, Dryer, Range Hood, Refrigerator, Tankless Water Heater, Washer
    • Laundry: Inside
    Features
    • Cathedral Ceiling(s), Ceiling Fan(s), Eating Space In Kitchen, Elevator, High Ceilings, Open Floorplan, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat
    • Flooring: Luxury Vinyl, Porcelain Tile, Hardwood
    • Doors: Sliding Doors
    • Windows: Window Treatments
    • Has fireplace: Yes
    • Fireplace features: Family Room, Wood Burning
    Interior area
    • Total structure area: 3,330
    • Total interior livable area: 2,342 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Circular Driveway, Driveway, Garage Faces Side, Ground Level, Oversized
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: Three Or More
    • Stories: 3
    • Patio & porch: Covered, Deck, Enclosed, Patio, Porch, Rear Porch, Screened, Side Porch
    • Exterior features: Balcony
    • Has private pool: Yes
    • Pool features: Deck, Heated, In Ground, Lap
    • Has view: Yes
    • View description: Water, Creek/Stream, Pond
    • Has water view: Yes
    • Water view: Water,Creek/Stream,Pond
    • Waterfront features: Creek, Pond, Creek Access, Pond Access
    Lot
    • Size: 1.93 Acres
    • Features: Landscaped, Oversized Lot, Private
    • Residential vegetation: Mature Landscaping, Trees/Landscaped
    Details
    • Parcel number: 06037039000
    • Zoning: PD
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mid-Century Modern
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Block, Crawlspace, Slab
    • Roof: Other
    Condition
    • New construction: No
    • Year built: 1993

    Utilities & green energy

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

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: HAMMOCK THE
    HOA
    • Has HOA: Yes
    • HOA fee: $54 monthly
    • HOA name: David Cohen
    • HOA phone: 352-328-8918
    Location
    • Region: Gainesville

    Financial & listing details

    • Price per square foot: $339/sqft
    • Tax assessed value: $522,441
    • Annual tax amount: $5,163
    • Date on market: 3/26/2025
    • Cumulative days on market: 371 days
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/25/2025Sold$795,000$339/sqft
    Source: Stellar MLS #GC529168 Report a problem
    6/5/2025Price change$795,000-6.5%$339/sqft
    Source: Stellar MLS #GC529168 Report a problem
    4/30/2025Price change$850,000-4.4%$363/sqft
    Source: Stellar MLS #GC529168 Report a problem
    3/26/2025Listed for sale$889,000+1.6%$380/sqft
    Source: Stellar MLS #GC529168 Report a problem
    3/18/2025Listing removed$875,000$374/sqft
    Source: Stellar MLS #O6256607 Report a problem
    3/11/2025Price change$875,000-2.7%$374/sqft
    Source: Stellar MLS #O6256607 Report a problem
    2/26/2025Price change$899,000-3.3%$384/sqft
    Source: Stellar MLS #O6256607 Report a problem
    11/11/2024Listed for sale$930,000-13.9%$397/sqft
    Source: Stellar MLS #O6256607 Report a problem
    9/27/2024Listing removed$1,080,000$461/sqft
    Source: Stellar MLS #GC522202 Report a problem
    5/22/2024Listed for sale$1,080,000+116%$461/sqft
    Source: Stellar MLS #GC522202 Report a problem
    5/19/2021Sold$500,000-4.8%$213/sqft
    Source: Public Record Report a problem
    1/14/2021Listing removed--
    Source: GACAR Report a problem
    12/7/2020Listed for sale$525,000+128.3%$224/sqft
    Source: Dawn Realty #440065 Report a problem
    6/22/2001Sold$230,000$98/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,283 +2.3%$262,250 +2.9%
    2024$5,164 +4.3%$254,859 +3%
    2023$4,950 +3.7%$247,436 +3%
    2022$4,772 -14.2%$240,229 -14.7%
    2021$5,565 +2.3%$281,752 +1.4%
    2020$5,437 -0.3%$277,862 +2.3%
    2019$5,453 $271,615 +1.9%
    2018$5,453 +3.2%$266,550 +2.1%
    2017$5,287 -2%$261,070 +2.1%
    2016$5,397 +4%$255,700 +0.7%
    2015$5,191 +0.1%$253,930 +0.8%
    2014$5,188 +1%$251,920 +1.5%
    2013$5,136 $248,200 -1.3%
    2012-- $251,400 -3.8%
    2011-- $261,200 -10.2%
    2010-- $291,000 -11.7%
    2009-- $329,700 -1.3%
    2008-- $333,900 +2.1%
    2007-- $327,000 +12.4%
    2006-- $290,800 +19.2%
    2005-- $243,900 +7.9%
    2004-- $226,000 +14.6%
    2003-- $197,200
    2002-- $197,200 +2.5%
    2001-- $192,300 +13.9%
    2000-- $168,800
    Find assessor info on the county website

    Neighborhood: 32653

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: William S. Talbot Elem School-AL
    • Middle: Fort Clarke Middle School-AL
    • High: Gainesville High School-AL

    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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    Estimated market value
    $775,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $775,500