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$825,000 Sale Pending
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Property Description
Under contract-accepting backup offers. Welcome home, located in Timber Lake Subdivision, a magazine-worthy 3-bedroom, 2-bathroom 2018 custom build perfectly blending modern comfort with timeless Southern charm. Set on 2.74 acres zoned AG, this picturesque property is ideal for creating your own mini farm, bringing your animals, or simply enjoying peaceful country living close to everything Ocala offers feeling privacy & seclusion with trees all around you. The home features an inviting open-concept kitchen and living room centered around a cozy wood-burning fireplace-the heart of the home. A flexible bonus room just off the main living area offers the perfect space for an office, playroom, or reading nook. Natural light fills every room, enhancing the warm finishes and thoughtfully designed layout. Enjoy morning coffee or sunset evenings from the wrap-around porch that feels straight out of a Southern Living magazine. The property also includes a detached 50x48 garage/workshop/equipment building that can easily be converted into a barn, studio, or storage for all your farm needs. A long paved driveway and elegant pavers at the residence to create a grand entrance to the beautifully maintained grounds. Located just minutes from the World Equestrian Center, HITS & this move-in-ready home captures the best of Ocala's peaceful, farm-friendly lifestyle. Welcome home.
Full Property Details
Full Property Details for 8386 NW 118th Terrace
General
- Price: $825,000
- Taxes: $3,438 (2025)
- Status: Pending
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: OM714529
- Updated: 12/12/2025
- Added to Site: 48 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 3
- Interior Features: Built-in Features, Ceiling Fan(s), Eating Space In Kitchen, High Ceilings, Kitchen and Family Room Combination, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
- Fireplace: Yes
- Fireplace(s): Living Room, Wood Burning
- Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Carpet, Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside, Laundry Room
Exterior
- Exterior Features: French Doors, Lighting, Playground, Private Mailbox, Storage
- Deck/Patio: Front Porch, Rear Porch, Wrap Around
- Porch/Patio/Deck: Front Porch, Rear Porch, Wrap Around
Parking
- Carports: Yes
- Carport: 4
- Carport Spaces: 4
- Covered Spaces: 4
- Parking Features: Covered, Driveway, Open, Oversized, Parking Pad, Workshop in Garage
Location
- Area: 34482 - Ocala
- County: Marion
- Development Name: 34482 - Ocala
- Subdivision: MCCULLY S SUB FIRST ADD
- Driving Directions: Take US-27 N to NW 121st Ave, Follow down all the way to take a right onto NW 86 Street , Drive to NW 83rd Ln (DO NOT Turn on the dirt road stay on paved road)
- Direction Faces: Northeast
Community
- Community Name: 34482 - Ocala
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Well
- Utility Description: BB/HS Internet Available, Electricity Connected
Structural Information
- Architectural Info: Craftsman
- Architectural Style: Craftsman
- Exterior Const.: HardiPlank Type
- Roof: Metal, Shingle
- Windows: Window Treatments
- Stories/Levels: One
- Square Feet: 1,924
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Poultry, Horses, Livestock
- Year Built: 2018
Additional Structures
- Other Structures: Barn(s), Shed(s), Storage, Workshop
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 2.74
- Lot Size (Sq. Ft.): 119,354
- Lot Size: 2.74
- Lot Dimensions: 196 x 609
- Frontage: Street Paved
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $3,438.25
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SEC 16 TWP 14 RGE 20 PLAT BOOK U PAGE 096 MCCULLY S SUB FIRST ADD LOT 8
- Flood Zone Info: X
- APN: 1243008000
- Property ID: 1243008000
- Block/Lot/Section: -
Listed by Golden Ocala Real Estate Inc
Get Pre-Approved Today
Schools
Schools serving 8386 NW 118th Terrace
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
Fessenden Elementary School 4200 Northwest 89th Place, Ocala, FL 34482 | PK-5 | 7.6 mi |
North Marion Middle School 2085 West Highway 329, Citra, FL 32113 | 6-8 | 10.1 mi |
West Port High School 3733 Southwest 80th Avenue, Ocala, FL 34481 | 9-12 | 9.3 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 8386 NW 118th Terrace
Date
Details
Price
Change
Source
12/04/2025
Listed
$825,000
1400%
MLS
7/21/2017
Sold
$55,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8386 NW 118th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,438
8%
$230,602
3%
2024
$3,182
3%
$224,103
3%
2023
$3,104
3%
$217,576
3%
2022
$3,020
—
$211,239
3%
2021
$3,019
—
$205,086
1%
2021
$3,019
2%
$202,254
2%
2019
$2,961
281%
$198,321
320%
2018
$778
16%
$47,183
17%
2017
$671
-1%
$40,442
—
2016
$680
-2%
$40,442
—
2015
$692
-15%
$40,442
-20%
2014
$817
-5%
$50,553
-6%
2013
$859
—
$53,923
—
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 8386 NW 118th Terrace
8386 NW 118th Terrace, Ocala, FL 34482 (MLS# OM714529) is a Single Family property with 3 bedrooms and 2 full bathrooms. 8386 NW 118th Terrace is currently listed for $825,000 and was received on December 04, 2025. Want to learn more about 8386 NW 118th 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.

