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$305,000
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Property Description
Exquisite Two-story Lake Front home nestled in the Ocala National Forest, close to a myriad of crystal-clear natural springs, like Juniper Springs, Alexander Springs, Salt Springs and more. Juniper Springs is only 14 minutes away. Property features a lakefront pier and dock with a lazy swing for Morning Sunrise Coffee or Evening Sunset Cocktails. Home features a chef's kitchen with a large pantry, and an open floorplan for entertainment and relaxation. The enclosed porch opens up from the living room on both sides of the Fireplace with views of the Lake. Second floor master overlooking the Lake front has vaulted ceilings, skylight and fireplace. Fourth bedroom can be used for an in-home office. R-4 ZONING! POSSIBLE HOME-BASED BUSINESS OR LAKE FRONT VACATION RENTAL! Check out website for Juniper Springs!
Full Property Details
Full Property Details for 16397 SE 5th St
General
- Sold For: $305,000
- Taxes: $1,468 (2025)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: OM728504
- Added to Site: 46 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 7
- Interior Features: Cathedral Ceiling(s), Ceiling Fan(s), Open Floorplan, Skylight(s), Split Bedroom, Walk-In Closet(s)
- Fireplace: Yes
- Fireplace(s): Living Room
- Appliances: Built-In Oven, Cooktop, Dishwasher, Dryer, Range, Refrigerator, Washer
- Furnishings: Negotiable
- Flooring: Carpet, Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Laundry Room
Exterior
- Exterior Features: None
- Deck/Patio: Enclosed
- Porch/Patio/Deck: Enclosed
Location
- Area: 34488 - Silver Springs
- County: Marion
- Development Name: 34488 - Silver Springs
- Subdivision: OWEN LAKE HEIGHTS
- Driving Directions: From E Silver Springs Blvd (SR-40). Go East on SR 40 to traffic light at SR 40 and CR 314A, Continue past this intersection for approx. another 3/4 mile to SE 162 Terrace on left, turn left on to SE 162 Terr and go 1/2 mile to SE 5 ST on right, turn right on SE 5 ST and go to the end, there will be a sharp left at (RE Sign) to house at the end of the road.
- Direction Faces: South
Community
- Community Name: 34488 - Silver Springs
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Heat Pump
Utilities
- Sewer: Septic Tank
- Water District: LAKE OWEN
- Water: Well
- Utility Description: Electricity Connected, Water Connected
Structural Information
- Exterior Const.: Wood Frame
- Roof: Metal
- Stories/Levels: Two
- Square Feet: 2,640
- Sq. Ft. Source: Public Records
- Living Area: 2,640 Sq. Ft.
- Year Built: 1987
Lot Features
- Property View: Water
- Lot Size (Acres): 1.05
- Lot Size (Sq. Ft.): 45,738
- Lot Size: 1.05
- Lot Dimensions: irreg
- Street/Road Desc.: Unimproved
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Lake
- Water Extras: Yes
- Water Front Name: LAKE OWEN
- Water Front Desc.: Lake Front
Financial Considerations
- Tax Amount: $1,468
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SEC 14 TWP 15 RGE 24 PLAT BOOK UNR PAGE 261 OWEN LAKE HEIGHTS LOT 19 BEING MORE FULLY DESC AS FOLLOWS: BEG 1100 FT N AND 170 FT W OF SE COR OF SE 1/4 OF SW 1/4 W 248 FT S 11-00-00W 163 FT W 44 FT N 01-00-00 E 326 FT SE 360 FT MOL TO POB & BEG 1100 FT N & 170 FT W OF SE COR OF SE 1/4 OF SW 1/4 TH N 64-00-00 W 360 FT N 24-00-00 E 15 FT S 64-00-00 E 360 FT SW 15 FT TO POB
- Flood Zone Info: A
- APN: 3238901900
- Property ID: 3238901900
- Block/Lot/Section: 0/0
Listed by Bill Rodgers Realty
Sold by Royal Realty Real Estate, Llc
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Schools
Schools serving 16397 SE 5th St
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
East Marion Elementary School 14550 Northeast 14th Street Road, Silver Springs, FL 34488 | PK-5 | 2.2 mi |
Fort Mccoy School 16160 Ne Highway 315, Fort McCoy, FL 32134 | PK-5 | 15 mi |
Lake Weir High School 10351 Southeast Maricamp Road, Ocala, FL 34472 | 9-12 | 9.3 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 16397 SE 5th St
Date
Details
Price
Change
Source
8/14/2026
Sold
$305,000
-4.69%
MLS
7/15/2026
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.
16397 SE 5th Street, Silver Springs, FL 34488 (MLS# OM728504) is a Single Family property that was sold at $305,000 on August 14, 2026. Want to learn more about 16397 SE 5th Street? Do you have questions about finding other Single Family real estate for sale in Silver Springs? You can browse all Silver Springs real estate or contact a Coldwell Banker agent to request more information.

