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Sold for $620,000
    • $620,000

    550 SW Suwannee Downs Dr, Lake City, FL 32024

    5beds
    3,185sqft
    Single Family Residence
    Built in 2005
    5.05 Acres Lot
    $597,500 Zestimate®
    $195/sqft
    $2,619 Estimated rent

    Home value

    $597,500

    $490,000 - $729,000

    $2,619/mo

    Zestimate® history
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    What's special

    Private mother-in-law suiteHeated saltwater poolBreathtaking pasture viewsGarden tubCozy wood-burning fireplaceFormal dining roomTiled shower
    This meticulously maintained custom-built pool home offers everything you need for comfort, functionality, and outdoor enjoyment. Boasting 4 bedrooms and 3 full baths in the main house, plus a private mother-in-law suite with a separate entrance, bedroom, full bath, and kitchenette, this home is perfect for multigenerational living or hosting guests. The main home features a large kitchen with beautiful wood cabinetry, a center island, and plenty of counter space. The great room’s cozy wood-burning fireplace serves as the perfect focal point, while the private office/study with French doors and a formal dining room add versatility to the floor plan. The luxurious owner’s suite includes a garden tub, tiled shower, and a spacious walk-in closet. Equipped with a 320-gallon propane tank, the home powers a Whole House Generac Generator, ensuring comfort and functionality for the main house and barn. Outdoors, relax in the heated saltwater pool or entertain on the expansive concrete lanai. The property is fully fenced and cross-fenced, offering breathtaking pasture views ideal for horses. The 48' x 26' barn comes complete with its own septic system and well, making it a fantastic space for animals or storage. This home truly has it all—space, luxury, practicality, and room to enjoy both indoors and outdoors. Don’t miss this unique opportunity! Architectual Shingled Roof 2024.

    Zillow last checked:

    Listing updated:

    Listed by:

    Missy Zecher 386-623-0237,

    REMAX PROFESSIONALS, INC. 386-758-8900

    Source: NFMLS,MLS#: 125918MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Rooms
    • Room types: Kitchen, Dining Room, Family Room, Living Room
    Heating
    • Central Electric
    Cooling
    • Central Air
    Appliances
    • Included: Water Softener Owned, Refrigerator, Microwave, Dishwasher, Electric Range, Range Hood, Double Oven, Stainless Steel Appliance(s)
    • Laundry: Laundry Room, Inside
    Features
    • Insulated, Fireplace, Ceiling Fan(s), High Speed Internet, Laminate Counters
    • Flooring: Laminate, Tile
    • Windows: Insulated Windows, Blinds
    • Has fireplace: Yes
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 3,185
    • Total interior livable area: 3,185 sqft

    Property

    Parking
    • Parking features: 3+ Car, Driveway
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Patio & porch: Front Porch, Patio
    • Exterior features: Rain Gutters Whole Roof, Shrubbery, Plant Bed
    • Has private pool: Yes
    • Pool features: In Ground, Fiberglass, Salt Water
    • Fencing: Wood,Field Fence,Fenced
    Lot
    • Size: 5.05 Acres
    • Dimensions: 500 x 550 Appro x
    • Features: Pasture
    Details
    • Additional structures: Shed(s), Storage, Workshop Metal Frame Metal Sided, Detached Carport Garage
    • Parcel number: 323S1602431105
    • Zoning: RR

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Brick, Frame, Fiber Cement
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 2005

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & HOA

    Community
    • Subdivision: SUWANNEE RIVER DOWNS
    HOA
    • Has HOA: No
    Location
    • Region: Lake City

    Financial & listing details

    • Price per square foot: $195/sqft
    • Tax assessed value: $515,999
    • Annual tax amount: $7,154
    • Date on market: 1/24/2025

    Price history

    DateEventPrice
    6/6/2025Sold$620,000-1.4%$195/sqft
    Source: NFMLS #125918 Report a problem
    5/7/2025Contingent$629,000$197/sqft
    Source: NFMLS #125918 Report a problem
    5/7/2025Listed for sale$629,000$197/sqft
    Source: NFMLS #125918 Report a problem
    5/7/2025Contingent$629,000$197/sqft
    Source: NFMLS #125918 Report a problem
    4/30/2025Price change$629,000-3.1%$197/sqft
    Source: NFMLS #125918 Report a problem
    1/24/2025Listed for sale$649,000+4.7%$204/sqft
    Source: NFMLS #125918 Report a problem
    7/3/2024Sold$620,000$195/sqft
    Source: NFMLS #123214 Report a problem
    5/19/2024Contingent$620,000$195/sqft
    Source: NFMLS #123214 Report a problem
    4/30/2024Listed for sale$620,000-11.4%$195/sqft
    Source: NFMLS #123214 Report a problem
    3/20/2023Listing removed--
    Source: RE/MAX International Report a problem
    2/25/2023Price change$699,950-6.7%$220/sqft
    Source: RE/MAX International Report a problem
    12/13/2022Price change$749,950-2%$235/sqft
    Source: RE/MAX International #117733 Report a problem
    10/28/2022Listed for sale$765,000+135.4%$240/sqft
    Source: RE/MAX International #117733 Report a problem
    8/24/2018Sold$325,000-3%$102/sqft
    Source: NFMLS #101452 Report a problem
    6/26/2018Listed for sale$335,000+688.2%$105/sqft
    Source: REMAX PROFESSIONALS, INC. #101452 Report a problem
    8/23/2004Sold$42,500+59.2%$13/sqft
    Source: Public Record Report a problem
    3/27/2001Sold$26,700$8/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,154 +69.2%$515,999 +62.9%
    2024$4,228 +2.6%$316,749 +3%
    2023$4,121 +7.5%$307,523 +7.7%
    2022$3,834 +1.9%$285,595 +3%
    2021$3,763 +4.8%$277,277 +1.4%
    2020$3,591 -9.2%$273,449 +2.3%
    2019$3,955 $267,301 +15.2%
    2018$3,955 +16.2%$231,948 +2.1%
    2017$3,403 $227,177 -0.4%
    2016$3,403 +0.1%$228,128 +1.3%
    2015$3,399 -1.3%$225,239 +1.1%
    2014$3,443 $222,856 -0.9%
    2013-- $224,792 +0.2%
    2012-- $224,320 -2.6%
    2011-- $230,196 -5.8%
    2010-- $244,434 +22.3%
    2009-- $199,894 -1.4%
    2008-- $202,718 +3%
    2007-- $196,814 +3.3%
    2006-- $190,453
    Find assessor info on the county website

    Neighborhood: 32024

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