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$169,000

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 1,118 Sq. Ft.
  • Updated 8 hours ago
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PRICE IMPROVEMENT. If you've been searching for an affordable property near Lake Owen with year-round flexibility, this opportunity stands out. Located in a lake-access neighborhood, this home offers over 1,100 square feet with 2 bedrooms, 1 bath, bonus space, and room to make it your own. Major updates provide peace of mind: 200-amp Siemens panel (2021), 50-gallon hot water heater (2021), Goodman A/C (2018), septic pumped (2022), new well tank and switches (2022), updated breakers, appliances, fresh interior paint, new fixtures, exterior paint, and a metal roof on the 20x12 shed. A surge protector was added at the meter by Clay Electric in 2023. The fully fenced and gated yard includes two storage sheds, RV parking with hookup, and space for boats, trailers, or recreational vehicles. Bring your outdoor lifestyle with you. With NO HOA and no deed restrictions, you have the freedom to use the property your way. Zoned R-4, this setting offers long-term flexibility and value. Located in a no flood zone and just minutes from the Ocala National Forest, you are surrounded by boating, fishing, ATV trails, hiking, and natural springs. Silver Springs State Park and Daytona Beach are within easy reach. This is not a cookie-cutter property. It is a solid, affordable home in a location buyers actively seek, with room to personalize and build equity over time. If you've been waiting for lake-area access, outdoor recreation, and pricing that makes sense, this is worth a look.

Full Property Details for 621 NE 165th Terrace

General

  • Price: $169,000
  • Taxes: $2,759 (2025)
  • Status: Active
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: OM715959
  • Updated: 3/2/2026
  • Added to Site: 57 day(s) ago

Rental Information

  • Min. Lease: No Minimum

Interior

  • Number of Rooms: 3
  • Interior Features: Cathedral Ceiling(s), Ceiling Fan(s), Kitchen and Family Room Combination, Window Treatments
  • Appliances: Built-In Oven, Cooktop, Dryer, Microwave, Range Hood, Refrigerator, Washer
  • Furnishings: Unfurnished
  • Flooring: Laminate, Tile

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: Common Area, Inside

Exterior

  • Exterior Features: Awning(s), Garden, Lighting, Private Yard, Rain Gutters, RV Hookup, Storage

Location

  • Area: 34488 - Silver Springs
  • County: Marion
  • Development Name: 34488 - Silver Springs
  • Subdivision: TIMBERLANE
  • Driving Directions: From Hwy 40, North on SE 162nd Ter, turns into SE Third Street, continue on SE Third Street which turns into SE 165th Court Rd, which turns into E Fort King St. Left on NE 167th Ct. Left on NE 3rd Lane which will turn into 165th Ter. Home will be on the right. #621
  • Direction Faces: West

School Information

  • Elementary School: East Marion Elementary School
  • Middle School: Ft McCoy Middle
  • High School: Lake Weir High School

Community

  • Community Name: 34488 - Silver Springs

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Electric

Utilities

  • Sewer: Septic Tank
  • Water: Well
  • Utility Description: Electricity Connected

Structural Information

  • Exterior Const.: Wood Frame
  • Roof: Metal
  • Windows: Blinds, Shades
  • Stories/Levels: One
  • Square Feet: 1,118
  • Sq. Ft. Source: Public Records
  • Year Built: 1988

Lot Features

  • Lot Size (Acres): 0.23
  • Lot Size (Sq. Ft.): 10,019
  • Lot Size: 10019
  • Lot Dimensions: 80 x 125
  • Street/Road Desc.: Limerock
  • Fencing (Description): Chain Link

Financial Considerations

  • Tax Amount: $2,759.51
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: SEC 14 TWP 15 RGE 24 PLAT BOOK G PAGE 053 TIMBERLANE SUB BLK I LOT 3 TOGETHER WITH A 1/145TH INTEREST IN THAT PART OF THE W 150 FT OF E 667.98 FT OF SW 1/4 OF NE 1/4 LYING S OF EXISTING CR
  • Flood Zone Info: X
  • APN: 3226009003
  • Property ID: 3226009003
  • Block/Lot/Section: I

Listed by Re/Max Premier Realty

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— 621 NE 165th Terrace —

  • Re/Max Premier Realty

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 621 NE 165th Terrace

School District:Marion County School District
NameGradesDistance
East Marion Elementary School
14550 Northeast 14th Street Road, Silver Springs, FL 34488
PK-52 mi
Fort Mccoy School
16160 Ne Highway 315, Fort McCoy, FL 32134
PK-514.4 mi
Lake Weir High School
10351 Southeast Maricamp Road, Ocala, FL 34472
9-129.9 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 621 NE 165th Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/07/2026
Price Reduced
$169,000
-3.37%
MLS
1/05/2026
Listed
$174,900
84.11%
MLS
3/31/2022
Sold
$95,000
—
Public Record
Get Price Alerts and Save Property
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 for 621 NE 165th Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,760
17%
$144,521
10%
2024
$2,354
17%
$131,383
-11%
2023
$2,011
3%
$148,357
42%
2022
$1,961
140%
$104,833
61%
2021
$816
—
$65,219
1%
2021
$816
4%
$64,319
4%
2018
$783
1%
$61,701
2%
2017
$777
9%
$60,432
12%
2016
$713
—
$53,786
1%
2015
$711
-12%
$53,412
-15%
2019
$811
19%
$62,873
19%
2014
$684
2%
$52,988
1%
2013
$673
—
$52,205
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Re/Max Premier Realty

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621 NE 165th Terrace, Silver Springs, FL 34488 (MLS# OM715959) is a Single Family property with 2 bedrooms and 1 full bathroom. 621 NE 165th Terrace is currently listed for $169,000 and was received on January 05, 2026. Want to learn more about 621 NE 165th Terrace? 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.

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