Steeve Cadeau
$1,399,9003 bd2.5 ba2,042 sqft$686 /sqft$9,055 /mo all-in ↓

1040 COTTAGE DRIVE, THE VILLAGES, FL, 32162

Active8 days on marketListed Jul 30, 2026MLS #G5115808

Private poolSingle Family ResidenceVILLAGES OF SUMTER LAKE SHORE COTTAGES

About this home

1040 COTTAGE DRIVE

BOND PAID, COMPLETELY REMODELED, over 2,300 sq. ft. 3/2 COTTAGE with SALT WATER, HEATED POOL and TRAVERTINE DECKING located in the LAKE SHORE COTTAGES right next door to LAKE SUMTER LANDING! The homes in this Village are known for their unique architectural features with spacious screened porches found nowhere else in The Villages. Enjoy a low maintenance exterior and beautiful curb appeal with HARDIE PLANK SIDING, METAL roof and an amazing front porch with WOOD-LOOK PORCELAIN flooring, BEADBOARD ceiling, attractive RAILING, custom ceiling fans, and that’s before you even open the LEADED GLASS front door! Once inside, you’ll find NEW high end LUXURY VINYL PLANK flooring throughout the home. All of the columns, and separate living areas were removed to create a spacious OPEN FLOOR PLAN. Large windows let in plenty of natural light, with all NEW lighting including pendant lights over the breakfast bar, and chandelier’s over the formal and casual dining areas defining each area. Some of the extras include CROWN MOLDING, & 8” baseboards throughout, ! The kitchen has GRANITE countertops and backsplash, all new high end appliances ,under cabinet lighting, closet PANTRY, a FARMHOUSE sink, and a spigot at the sink with a REVERSE OSMOSIS system. The 15’x16’ guest bedroom/den and HALF BATH was added behind the LEADED GLASS French doors, with 13’ ceilings, and sliding glass doors that open out to the BEAUTIFUL SALT WATER HEATED POOL with waterfall, beautiful TRAVERTINE decking, with wrap around PRIVACY WALL on one side and an open view of the lovely garden on the other. The primary bedroom has a WALL MOUNTED TV, PLANTATION SHUTTERS, and an all NEW EN-SUITE BATH with large WALK-IN CLOSET, NEW cabinets, GRANITE countertops, CUSTOM mirrors, fixtures, and NEW walk-in shower with 2 SHOWERHEADS. The other guest room has lovely custom valances with 2 double sliding closet doors – a full wall of closet space and a WALL MOUNTED TV! The all NEW guest bath has GRANITE countertops, NEW LIGHTED VANITY MIRROR with adjustable settings, CUSTOM shower curtain, lovely subway tile with tub/shower, and a one piece SMART AUTOMATIC TOILET. And wait until you see the spectacular 29’x10’ room that was created off the living room across the back of home that opens out to the POOL AREA. Beautiful DIAGONAL TILE flooring, floor to ceiling “hurricane” glass picture windows, beadboard ceiling, and a MINI-SPLIT system so this delightful room is comfortably under HEAT and AIR. AND step outside from this room to a NEW elevated OPEN PATIO with railing for a great view of the flower garden, spacious backyard and beyond to the WATER VIEW. Other features include a Kinetico WATER filtration and softener whole house system, EPOXY painted garage flooring, gutters around the entire home, FRESHLY PAINTED EXTERIOR, NEWER HVAC SYSTEM to accommodate newly added sq. footage, and TANKLESS WATER HEATER. There is not much in this spectacular home that is not NEW! SUCH A GREAT LOCATION! This unique neighborhood also has its own community pool – a great place to see your neighbors and make new friends. And all the shopping, dining and entertainment is found at the Market Square right around the corner. COME EXPERIENCE THIS AWESOME HOME. Don’t let this one get away!

Facts & features

The home at a glance

3

Bedrooms

2.5

Bathrooms

2,042

Sqft

0.21 ac

Lot size

1

Garage

2004

Year built

One

Levels

$686

Per sqft

Private poolNegotiable55+ communityPets allowed

Inside

FlooringLuxury Vinyl
AppliancesDishwasher · Disposal · Dryer · Kitchen Reverse Osmosis System · Microwave · Refrigerator · Tankless Water Heater · Washer · Water Softener
InteriorBuilt-in Features · Ceiling Fan(s) · Crown Molding · High Ceilings · Open Floorplan · Primary Bedroom Main Floor · Stone Counters · Tray Ceiling(s) · Walk-In Closet(s) · Window Treatments
LaundryInside · Laundry Room
CoolingCentral Air
HeatingNatural Gas
FurnishedNegotiable

Outside & construction

RoofMetal
ConstructionHardiPlank Type
FoundationSlab
FacesNorth
ParkingGolf Cart Parking
ExteriorIrrigation System · Rain Gutters · Sidewalk

Community & fees

Taxes (2025)$9,794/yr
PetsYes
CommunityCommunity Mailbox · Deed Restrictions · Dog Park · Fitness Center · Gated Community - Guard · Golf Carts OK · Golf · Irrigation-Reclaimed Water · Playground · Pool · Restaurant · Sidewalks · Special Community Restrictions · Tennis Court(s)

Utilities & systems

UtilitiesBB/HS Internet Available · Cable Connected · Electricity Connected · Natural Gas Connected · Sewer Connected · Sprinkler Recycled · Water Connected
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$9,055 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$7,554
PMI (est., until 20% equity)$525
Property tax — 2025 actual bill$816
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $139,990Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $139,990
Interest rate6.00%
Loan term

Estimated payment

$9,055/mo

Principal & interest$7,554
PMI (est., until 20% equity)$525
Property taxes (actual bill)$816
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

List $1.4M
$544KedgeAI estimate $675,271 · range $567K$811K$1.5M

vs edgeAI estimate

+107.3%

$/sqft vs The Villages actives

$686 vs $253

Days on market

8 vs 53 typical

Where $686/sqft sits among the 400 The Villages actives

290
74
23
8
4
1 · this home
$199–280$280–361$361–442$442–523$523–604$604+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside The Villages

Map of 1040 COTTAGE DRIVE

Drive times from this address

Downtown Orlando67 min
Universal Orlando70 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know The Villages. See the full The Villages guide →

THE VILLAGES 32162 — neighborhood snapshot

Population

54,019

Median age

74.2

Median income

$73,927

Median home value

$358,100

Avg household

1.72

Households w/ children

135

For the school run

Sumter County School District

ElementaryWildwood Elementary School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The The Villages market

Seller’s marketSeller’s market2.5 months of inventoryBuyer’s market

$365K$360K

The Villages median sold, yr/yr

96.8%

Sale-to-list ratio (12 mo)

213 of 400

The Villages actives have cut their price

Median sold price, The Villages, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 300% above the THE VILLAGES 32162 median. See the full The Villages market guide →

Paper trail

This home's history

Jul 30, 2026Listed at $1,399,900 · 8 days on market since
2004Built · VILLAGES OF SUMTER LAKE SHORE COTTAGES

Reality check

What actually sold near 1040 COTTAGE DRIVE

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

1028 COTTAGE DRIVESold · Jul ’26

$1,100,000

1028 COTTAGE DRIVE · same community

2 bd · 2 ba · 2,525 sqft · $436/sqft · 173 DOM

1634 MONCKS CORNERSold · Jan ’26

$530,000

1634 MONCKS CORNER

3 bd · 2 ba · 2,037 sqft · $260/sqft · 31 DOM

329 BISHOPVILLE LOOPSold · May ’26

$475,000

329 BISHOPVILLE LOOP

3 bd · 2.5 ba · 2,075 sqft · $229/sqft · 67 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Steeve Cadeau

Your agent

Steeve Cadeau

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 1040 COTTAGE DRIVE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 1040 COTTAGE DRIVE — before you fall in love.

See it in person

Schedule a tour

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Goes straight to Steeve’s phone and CRM.

Straight answers

1040 COTTAGE DRIVE FAQs

What would the monthly payment be for 1040 COTTAGE DRIVE?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $9,055/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 1040 COTTAGE DRIVE?+

The most recent tax bill on record (2025) was $9,794. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 1040 COTTAGE DRIVE?+

The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in The Villages?+

At $1,399,900, this home is listed about 259% above the The Villages median of $389,900. The market section on this page shows how the area is trending.

Which schools are assigned to 1040 COTTAGE DRIVE?+

Wildwood Elementary School (elementary) — Sumter County School District. Always verify school assignments with the district before relying on them.

Listing courtesy of REALTY EXECUTIVES IN THE VILLAGES · Jana Raber. MLS #G5115808.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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