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$565,000
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Property Description
Come check out this one-of-a-kind, multi-generational home situated on a corner lot in the desirable Rolling Hills community, just minutes from the World Equestrian Center. This incredible property sits on a paved road and features a 3 bedroom, 2 bathroom main home with a huge bonus room, plus a fully functional mother-in-law suite that has its own private driveway and spacious 4 car garage. As you arrive at the property, you'll immediately appreciate the beautiful curb appeal, corner lot setting, mature landscaping, and separate driveways that provide convenience and privacy for both living spaces. The main home features its own driveway with a separate 2 car garage, making this setup perfect for families wanting their own space while still living together. Heading inside the main home, you'll be greeted by a bright and inviting living room with vaulted ceilings and tons of natural light. The kitchen is designed for both function and entertaining, featuring double sinks-including one that overlooks the pool-along with plenty of cabinet space and a layout that flows seamlessly into the main living areas. The main home offers three bedrooms and two full bathrooms, including an oversized bonus bedroom that can easily be used as a game room, office, or additional guest space. The guest bathroom also serves as a convenient pool bathroom with direct access to the outdoor area, perfect for entertaining. The primary suite is truly a private retreat, featuring an oversized master bedroom with its own split unit, a beautiful reading room with views into the pool area, a huge walk-in closet, and a spacious master bathroom with double vanities and an updated walk-in shower. One of the standout features of this property is the backyard oasis, complete with a pool enclosed in a bird cage, offering year-round enjoyment and low maintenance. The separate mother-in-law suite is fully equipped with its own kitchen, full bathroom, and washer/dryer hookups-providing complete independence and comfort. Connected to the suite is a massive 4 car garage with a built-in man cave, offering the ultimate space for hobbies, storage, entertaining, or weekend gatherings. The fully fenced backyard provides added privacy and security, while the irrigation system, greenhouse, and new well pump make this property ideal for gardening, outdoor living, and maintaining beautiful landscaping. Major updates include a 2018 roof and a 2015 HVAC system. What truly sets this property apart is its rare combination of location, layout, and functionality, while also offering multi-generational living, multiple garages, private living spaces, and a resort-style backyard-all in a no HOA community and , just minutes from WEC, shopping, dining, and everyday conveniences. Easy to show! Don't miss out on the opportunity to own this rare and versatile property. Call to schedule your private tour today!
Full Property Details
Full Property Details for 4281 SW 121st Terrace
General
- Price: $565,000
- Taxes: $8,422 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: OM719132
- Updated: 2/19/2026
- Added to Site: 10 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 3
- Interior Features: Built-in Features, High Ceilings, Split Bedroom, Vaulted Ceiling(s)
- Appliances: Dishwasher, Microwave, Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Screen Enclosure
Exterior
- Exterior Features: Garden, Irrigation System, Other, Storage
- Deck/Patio: Enclosed
- Porch/Patio/Deck: Enclosed
Parking
- Garage: Yes
- Garage Spaces: 6
- Carports: Yes
- Carport: 2
- Carport Spaces: 2
- Covered Spaces: 8
- Parking Features: Covered, Driveway
Location
- Area: 34481 - Ocala
- County: Marion
- Development Name: 34481 - Ocala
- Subdivision: ROLLING HILLS UN 05
- Driving Directions: from sw 140th turn onto SW 61st street, then turn left onto 121st terrace, home will be on corner on the right.
- Direction Faces: Southwest
Community
- Community Name: 34481 - Ocala
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Well
- Utility Description: Electricity Connected
Structural Information
- Exterior Const.: Block, Stucco
- Roof: Shingle
- Common Walls: Corner Unit
- Windows: Blinds
- Stories/Levels: One
- Square Feet: 3,484
- Sq. Ft. Source: Owner
- Year Built: 1992
Additional Structures
- Other Structures: Greenhouse, Guest House, Shed(s), Storage, Workshop
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 1.03
- Lot Size (Sq. Ft.): 44,867
- Lot Size: 1.03
- Lot Dimensions: 150 x 299
- Frontage: Street Paved
- Street/Road Desc.: Paved
- Fencing (Description): Wood
Financial Considerations
- Tax Amount: $8,422.09
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SEC 32 TWP 15 RGE 20 PLAT BOOK L PAGE 077 ROLLING HILLS UNIT 5 BLK 151 LOT 1
- Flood Zone Info: X
- APN: 3495151001
- Property ID: 3495151001
- Block/Lot/Section: 151
Listed by Gailey Enterprises Real Estate
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Schools
Schools serving 4281 SW 121st Terrace
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
Dunnellon Elementary School 10235 Southwest 180th Avenue Road, Dunnellon, FL 34432 | PK-5 | 7.6 mi |
Dunnellon Middle School 21005 Chestnut Street, Dunnellon, FL 34431 | 6-8 | 10.9 mi |
Dunnellon High School 10055 Southwest 180th Avenue Road, Dunnellon, FL 34432 | 9-12 | 7.3 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 4281 SW 121st Terrace
Date
Details
Price
Change
Source
2/18/2026
Listed
$565,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4281 SW 121st Terrace
4281 SW 121st Terrace, Ocala, FL 34481 (MLS# OM719132) is a Single Family property with 4 bedrooms and 3 full bathrooms. 4281 SW 121st Terrace is currently listed for $565,000 and was received on February 18, 2026. Want to learn more about 4281 SW 121st 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.

