Steeve Cadeau
$695,000$790,0005 bd4 ba3,723 sqft$187 /sqft$5,046 /mo all-in ↓

3 SE OCALE WAY, SUMMERFIELD, FL, 34491

Active358 days on marketListed Jul 31, 2025MLS #TB8409935

Reduced $95KWaterfrontSingle Family ResidenceTIMUCUAN ISLAND

About this home

3 SE OCALE WAY

Lake Weir estate with over 150 feet of water frontage directly across from the Carney Island Nature Preserve! This home comes fully furnished with brand new hand-picked furniture and televisions. Interior details include cathedral ceilings throughout living areas and master bedroom, whole house water softener system, 3 compass inlays, and 2 wood burning fireplaces. The second floor includes the main living areas and 4 bedrooms, including the primary suite. The kitchen has a professional gas range, stainless steel appliances, ample cabinet and pantry space with custom built-ins and a bay window overlooking the lake. The grand living room and kitchen boast high ceilings with exposed beams and large picture windows for panoramic views of the lake and nature and wildlife preserve. Off the living area is the office, which has French doors to the front balcony that wraps around the home on both sides. The spacious primary suite features a wall of picture windows with breathtaking water views, and sliding glass doors to a balcony overlooking the lake. It also offers a custom walk-in closet, sitting area, wood-burning fireplace, and an ensuite bathroom with Jacuzzi tub. The ground floor features an oversized bedroom/bonus room, a full bathroom, and an insulated theatre room with five raised stadium recliners. Exterior features include a large screened-in porch with an outdoor kitchen, a detached shed with power, and solar panels. Views and backyard privacy are protected by the neighboring nature preserve across the water. This waterfront retreat sits at the end of the cul-de-sac and the double driveway leads to two separate garages which holds 3 cars and has space for a golf cart or motorcycle parking. Both HVAC units and water heater were replaced in the past couple years.

Facts & features

The home at a glance

5

Bedrooms

4

Bathrooms

3,723

Sqft

0.34 ac

Lot size

3

Garage

1967

Year built

Two

Levels

$187

Per sqft

WaterfrontFireplacePets allowed

Inside

FlooringSlate · Travertine · Vinyl
AppliancesDishwasher · Disposal · Dryer · Electric Water Heater · Microwave · Range · Range Hood · Refrigerator · Washer · Water Filtration System · Water Softener · Wine Refrigerator
InteriorBuilt-in Features · Cathedral Ceiling(s) · Ceiling Fan(s) · Eating Space In Kitchen · Kitchen/Family Room Combo · Open Floorplan · Primary Bedroom Main Floor · Walk-In Closet(s) · Window Treatments
LaundryIn Garage
CoolingCentral Air
HeatingCentral

Outside & construction

RoofShingle
ConstructionBlock
FoundationBlock
FacesSouth
ExteriorBalcony · French Doors · Outdoor Grill · Outdoor Kitchen

Community & fees

Taxes (2024)$10,498/yr
PetsYes

Utilities & systems

UtilitiesCable Connected · Electricity Connected · Sewer Connected · Water Connected
WaterWell

The numbers

What it really costs

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

$5,046 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$3,750
PMI (est., until 20% equity)$261
Property tax — 2024 actual bill$875
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $69,500Loan30-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% · $69,500
Interest rate6.00%
Loan term

Estimated payment

$5,046/mo

Principal & interest$3,750
PMI (est., until 20% equity)$261
Property taxes (actual bill)$875
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.

$/sqft vs Summerfield actives

$187 vs $189

Days on market

358 vs 50 typical

Where $187/sqft sits among the 353 Summerfield actives

55
77
128 · this home
52
14
27
$121–150$150–179$179–208$208–237$237–266$266+

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 Summerfield

Map of 3 SE OCALE WAY

Get to know Summerfield. See the full Summerfield guide →

SUMMERFIELD 34491 — neighborhood snapshot

Population

32,369

Median age

54.4

Median income

$65,900

Median home value

$253,100

Avg household

2.3

Households w/ children

2,632

For the school run

Marion County School District

MiddleLake Weir Middle School★★★★
ElementaryHarbour View Elementary School★★★★★
HighLake Weir High School★★★★

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

The numbers that matter

The Summerfield market

Seller’s marketBalanced5.5 months of inventoryBuyer’s market

$285K$258K

Summerfield median sold, yr/yr

96.8%

Sale-to-list ratio (12 mo)

168 of 353

Summerfield actives have cut their price

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

This home is listed 154% above the SUMMERFIELD 34491 median. See the full Summerfield market guide →

Paper trail

This home's history

CurrentPrice reduced to $695,000 $95K
Jul 31, 2025Listed at $790,000 · 358 days on market since
1967Built · TIMUCUAN ISLAND

Reality check

What actually sold near 3 SE OCALE WAY

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

9972 SE 161ST LANE ROADSold · Jul ’25

$329,990

9972 SE 161ST LANE ROAD

5 bd · 3 ba · 2,605 sqft · $127/sqft · 152 DOM

15976 SE 101ST CIRCLESold · Jun ’26

$336,990

15976 SE 101ST CIRCLE

5 bd · 3 ba · 2,605 sqft · $129/sqft · 38 DOM

15859 SE 101ST CIRCLESold · Jan ’26

$346,070

15859 SE 101ST CIRCLE

5 bd · 3 ba · 2,605 sqft · $133/sqft · 3 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 3 SE OCALE WAY — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 3 SE OCALE WAY — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to Steeve's phone and CRM.

Goes straight to Steeve’s phone and CRM.

Straight answers

3 SE OCALE WAY FAQs

What would the monthly payment be for 3 SE OCALE WAY?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $5,046/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 3 SE OCALE WAY?+

The most recent tax bill on record (2024) was $10,498. 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 3 SE OCALE WAY?+

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 Summerfield?+

At $695,000, this home is listed about 140% above the Summerfield median of $289,900. The market section on this page shows how the area is trending.

Which schools are assigned to 3 SE OCALE WAY?+

Lake Weir Middle School (middle), Harbour View Elementary School (elementary), Lake Weir High School (high) — Marion County School District. Always verify school assignments with the district before relying on them.

The brief

Four things that matter here

01Positioned at the premium end

$695,000 runs 154% above the SUMMERFIELD 34491 median — but at 3,723 sqft it's also nearly twice the size of the typical Summerfield listing.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Time on market is leverage

358 days on market against a Summerfield median of 50 — sellers in this position are usually ready to negotiate.

04The price has already moved

Listed at $790,000, now $695,000 — a $95K cut. The full history is in the market section below.

Listing courtesy of SPIEGEL LUXURY GROUP · Madelyn Spiegel. MLS #TB8409935.

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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