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$257,500
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Property Description
Under Construction. Limited-time incentive: Seller offering a $5,000 contribution toward the buyer's closing costs with an accepted full-price offer. Be among the first to experience the charm of this new construction, "Magnolia" Model by Bakan Homes, set to be completed by May 29th, 2026. This beautifully designed home offers a fusion of modern comfort that's perfect for families, first-time homebuyers, or anyone looking for a fantastic investment opportunity. With 8' ceilings in the bedrooms and vaulted ceilings in the social areas, this home welcomes you with a sense of openness and comfort. The heart of this home boasts soft-close cabinets, elegant quartz countertops, and top-of-the-line stainless steel appliances, including a dishwasher. It's a chef's dream! The kitchen peninsula is adorned with seeded LED pendant lighting, adding a touch of sophistication to your space. Luxury water-resistant vinyl plank flooring throughout the home not only looks beautiful but also ensures easy maintenance, making it perfect for families and pet owners. This home offers the perfect blend of functionality and aesthetics, ensuring you can enjoy modern living without breaking the bank. Your investment is protected by a limited Builder Warranty that expires 1 year after the issuance of the Certificate of Occupancy. Pictures are of a recently completed model. Colors, finishes, and appliances may vary from home to home. Estimated completion dates are subject to change and may be delayed due to unforeseen circumstances.
Full Property Details
Full Property Details for 16098 SW 42nd Terrace
General
- Sold For: $257,500
- Taxes: $404 (2025)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: OM720830
- Added to Site: 122 day(s) ago
Interior
- Number of Rooms: 8
- Interior Features: High Ceilings, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
- Appliances: Dishwasher, Microwave, Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Electric Dryer Hookup, Laundry Room, Washer Hookup
Exterior
- Exterior Features: Sliding Doors
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Driveway
Location
- Area: 34473 - Ocala
- County: Marion
- Development Name: 34473 - Ocala
- Subdivision: MARION OAKS UN FIVE
- Driving Directions: Starting from SW Hwy 484 drive South onto Marion Oaks Blvd. Turn right onto Marion Oaks Dr. Turn left onto SW 161st Ln. Turn left onto SW 42nd Terrace. Destination will be on the left.
- Direction Faces: Northeast
Community
- Community Name: 34473 - Ocala
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Electricity Connected, Water Connected
Structural Information
- Builder: Bakan Homes LLC
- Approx Compl Date: 2026-05-29T04:00:00.000Z
- Exterior Const.: Block, Concrete, Stucco
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 1,267
- Sq. Ft. Source: Builder
- Living Area: 1,267 Sq. Ft.
- Year Built: 2025
Lot Features
- Lot Size (Acres): 0.37
- Lot Size (Sq. Ft.): 16,117
- Lot Size: 16117
- Lot Dimensions: 130 x 125
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $404.77
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SEC 27 TWP 17 RGE 21 PLAT BOOK O PAGE 081 MARION OAKS UNIT 5 BLK 777 LOT 11
- Flood Zone Info: X
- APN: 8005077711
- Property ID: 8005077711
- Block/Lot/Section: 777
Listed by Real Estate Teammates Llc
Sold by Great Expectations Realty, Llc
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Schools
Schools serving 16098 SW 42nd Terrace
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
Sunrise Elementary School, Ocala, FL 375 Marion Oaks Course, Ocala, FL 34473 | PK-5 | 1.2 mi |
Horizon Academy At Marion Oaks 365 Marion Oaks Drive, Ocala, FL 34473 | 6-8 | 1.2 mi |
Dunnellon High School 10055 Southwest 180th Avenue Road, Dunnellon, FL 34432 | 9-12 | 14.8 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 16098 SW 42nd Terrace
Date
Details
Price
Change
Source
6/29/2026
Sold
$257,500
-2.79%
MLS
5/01/2026
Price Increased
$264,900
1.92%
MLS
3/14/2026
Listed
$259,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
16098 SW 42nd Terrace, Ocala, FL 34473 (MLS# OM720830) is a Single Family property that was sold at $257,500 on June 29, 2026. Want to learn more about 16098 SW 42nd Terrace? Do you have questions about finding other Single Family real estate for sale in Ocala? You can browse all Ocala real estate or contact a Coldwell Banker agent to request more information.

