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$195,000
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Property Description
NEW PRICE!! FAMILY COMPOUND OR INVESTOR'S DREAM! We are proud to present a beautifully updated 2-bedroom, 2-bath home with a garage, plus two additional adjacent lots that are also available for purchase! This unique opportunity gives you multiple options: create your own family compound, build additional homes for income, or sell the separately platted lots (each valued at $20,000). The home has been fully renovated with a brand-new kitchen, updated vanities, fresh paint, new tile flooring throughout, popcorn ceilings removed, and a new roof. A vinyl privacy fence surrounds the property. All stainless steel appliances and the A/C unit are just 3 years old. The spacious garage features terrazzo flooring, built-in workbenches, and direct access to a bathroom-perfect for use as an outdoor shower. The outdoor space is exceptional. Enjoy the privacy of a quiet neighborhood with amenities that include: A 14x14 greenhouse with potting tables, a fish cleaning station and an extra irrigation well, three raised 4x8 garden beds ready for planting, mature trees, low-maintenance landscaping, and a butterfly garden that attracts hummingbirds and butterflies. Fruit trees, a large patio for cookouts, and a country swing for relaxation! Plenty of space to add a pool! Each lot measures approximately one-third of an acre, high and dry with beautiful oaks and pines. You can expand your yard, build an additional home for family or income, or sell the lots separately. The location is unbeatable-just 3 miles from Homosassa State Park and the manatee viewing area, with fishing, boat ramps, restaurants, and shopping all nearby. Walmart is only 2 miles away, with no heavy traffic to navigate. This property also offers excellent vacation rental potential. Life is sweet on Marsha Terrace, the possibilities are endless. Come see for yourself!
Full Property Details
Full Property Details for 5409 Marsha Terrace
General
- Sold For: $195,000
- Taxes: $991 (2024)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8409698
- Added to Site: 170 day(s) ago
Rental Information
- Min. Lease: 6 Months
Interior
- Number of Rooms: 3
- Interior Features: Primary Bedroom Main Floor
- Appliances: Refrigerator
- Flooring: Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside
Exterior
- Exterior Features: Other
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
Location
- Area: 34446 - Homosassa
- County: Citrus
- Development Name: 34446 - Homosassa
- Subdivision: LUCKY HILLS UNREC SUB
- Driving Directions: Take US-19 to Left on S Suffolk Terrace, Right on W Village Dr, Right on W Sasser St, Right on S Marsha Terrace
- Direction Faces: West
Community
- Community Name: 34446 - Homosassa
- Pet Restrictions: All restrictions to be verified by Buyer prior to end of inspection period
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Heat Pump
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Electricity Connected, Sprinkler Well, Water Connected
Structural Information
- Exterior Const.: Stucco, Wood Frame
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 980
- Sq. Ft. Source: Public Records
- Living Area: 980 Sq. Ft.
- Year Built: 1984
Lot Features
- Lot Size (Acres): 1.01
- Lot Size (Sq. Ft.): 44,155
- Lot Size: 1.0137
- Street/Road Desc.: Paved
- Fencing (Description): Vinyl
Financial Considerations
- Tax Amount: $991
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LUCKY HILLS UNREC SUB LOT 19: COM AT NW COR OF SE 1/4 OF NW1/4 OF SEC 36-19-17 TH N 89DEG 54M 10S E AL N LN OF SD SE1/4 OF NW 1/4 162.69 FT TH S 805.48 FT TO POB TH COTN S
- Flood Zone Info: X
- APN: 17E19S36 4B000 0190
- Property ID: 17E19S36 4B000 0190
- Block/Lot/Section: 4B000
Listed by Exp Realty Llc
Sold by Stellar Non-Member Office
Get Pre-Approved Today
Schools
Schools serving 5409 Marsha Terrace
School District:Citrus County School District
| Name | Grades | Distance |
|---|---|---|
Homosassa Elementary School 10935 West Yulee Drive, Homosassa, FL 34448 | PK-5 | 4.2 mi |
Lecanto Middle School 3800 West Educational Path, Lecanto, FL 34461 | 6-8 | 4.1 mi |
Lecanto High School 3810 West Educational Path, Lecanto, FL 34461 | 9-12 | 4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5409 Marsha Terrace
Date
Details
Price
Change
Source
11/21/2025
Sold
$195,000
-7.14%
MLS
10/17/2025
Price Reduced
$210,000
-10.64%
MLS
9/12/2025
Price Reduced
$235,000
-7.84%
MLS
9/05/2025
Price Reduced
$255,000
-1.92%
MLS
9/03/2025
Price Reduced
$260,000
-1.89%
MLS
8/01/2025
Listed
$265,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5409 Marsha Terrace, Homosassa, FL 34446 (MLS# TB8409698) is a Single Family property that was sold at $195,000 on November 21, 2025. Want to learn more about 5409 Marsha Terrace? Do you have questions about finding other Single Family real estate for sale in Homosassa? You can browse all Homosassa real estate or contact a Coldwell Banker agent to request more information.

