Date
Details
Price
Change
Source
4/13/2026
Listed
$320,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/31
$320,000 Just Listed
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Property Description
Tucked away in a beautiful and quiet neighborhood near the Chain of Lakes in Inverness, this charming 3-bedroom, 2-bath home offers the perfect blend of comfort, space, and peace of mind. Thoughtfully updated with a brand-new roof, new AC system, and new hot water heater, you can move in with confidence knowing the big-ticket items are already taken care of. Step outside to enjoy a large screened-in lanai-ideal for relaxing mornings or entertaining guests year-round. The home also features an irrigation system to keep your lawn lush and green with ease. What truly sets this property apart is the rare opportunity to own over an acre of land, including the additional half-acre lot next door-offering endless possibilities for expansion, privacy, or simply enjoying the extra space. Located just minutes from the scenic Chain of Lakes, this home combines tranquility with convenience, making it a perfect retreat while still being close to everything Inverness has to offer. This is more than a home-it's room to breathe, grow, and enjoy the Florida lifestyle.
Full Property Details
Full Property Details for 5101 S Covewood Terrace
General
- Price: $320,000
- Taxes: $1,679 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: G5110883
- Updated: 4/13/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 3
- Interior Features: Ceiling Fan(s)
- Appliances: Dishwasher, Disposal, Dryer, Washer
- Furnishings: Unfurnished
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Laundry Room
Exterior
- Exterior Features: Irrigation System
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
Location
- Area: 34450 - Inverness
- County: Citrus
- Development Name: 34450 - Inverness
- Subdivision: KISER ESTATES UNREC
- Driving Directions: turn right onto Covewood terrace and the house is on the left
- Direction Faces: South
Community
- Community Name: 34450 - Inverness
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Well
- Utility Description: Other
Structural Information
- Exterior Const.: Block
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 1,737
- Sq. Ft. Source: Public Records
- Year Built: 2002
Lot Features
- Lot Size (Acres): 0.58
- Lot Size (Sq. Ft.): 25,315
- Lot Size: 25315
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $1,679.93
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 15 OF AN UNREC SUB IN SEC 34-19-20: COMMENCE AT THE 1/4 SEC COENER ON THE S BOUNDARY OF SEC 34 TWP 19 S RNG 20 E TH N 1 DEG 05 M 30 S W AL THE 1/4 SEC LINE A DIS OF 1259.24 FT THE E 1335.90 FT TO THE NW CORNER OF LANDS DES IN OR BK 255 PG 739 PUB LIC RECORDS OF CITRUS CO FL TH N 89 DEG 53 M 59 S E AL THE N LINE OF SAID LAND A DIS OF 247.51 FT TH S 0 D EG 01 M 30 S W 125.77 FT TO THE POB TH CONT S 0 DEG 01 M 3 0 S W 100 FT TH N 89 DEG 53 M 59 S E PARALLEL TO SAID N LIN E A DIS OF 247.56 FT TO A POINT ON THE E LINE OF LANDS DESC IN SAID OR BK TH N 0 DEG 03 M 59 SEC W AL SAID E LINE A DIS OF
- Flood Zone Info: X*
- APN: 20E19S340000224000150
- Property ID: 20E19S340000224000150
- Block/Lot/Section: 22400
Listed by Sellstate Next Generation Realty
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Schools
Schools serving 5101 S Covewood Terrace
School District:Citrus County School District
| Name | Grades | Distance |
|---|---|---|
Inverness Primary School 206 South Line Avenue, Inverness, FL 34452 | PK-5 | 4.3 mi |
Citrus Virtual Instruction Program 1007 West Main Street, Inverness, FL 34450 | K-12 | 4.6 mi |
Inverness Middle School 1950 U.S. 41, Inverness, FL 34450 | 5-8 | 5.3 mi |
Citrus High School 600 West Highland Boulevard, Inverness, FL 34452 | 9-12 | 4.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5101 S Covewood Terrace
Tax History
Tax History for 5101 S Covewood Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,680
6%
$273,689
-5%
2024
$1,582
3%
$289,519
4%
2023
$1,537
11%
$279,660
58%
2021
$1,379
-4%
$177,410
-20%
2022
$1,438
4%
$222,652
41%
2021
$1,379
9%
$157,903
34%
2018
$1,266
1%
$118,215
2%
2017
$1,258
-1%
$115,784
2%
2016
$1,269
-1%
$113,403
1%
2015
$1,284
-1%
$112,615
-7%
2019
$1,296
-1%
$120,461
8%
2014
$1,308
1%
$111,721
1%
2013
$1,300
—
$110,070
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5101 S Covewood Terrace
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5101 S Covewood Terrace, Inverness, FL 34450 (MLS# G5110883) is a Single Family property with 3 bedrooms and 2 full bathrooms. 5101 S Covewood Terrace is currently listed for $320,000 and was received on April 13, 2026. Want to learn more about 5101 S Covewood Terrace? Do you have questions about finding other Single Family real estate for sale in Inverness? You can browse all Inverness real estate or contact a Coldwell Banker agent to request more information.