Single Family Residence at 4861 SE 31ST TER, OCALA
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Single Family Residence at 4861 SE 31ST TER, OCALA, photo 3 of 42
Side yard - 4861 SE 31ST TER, OCALA
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Primary Bedroom - 4861 SE 31ST TER, OCALA
Primary Bedroom - 4861 SE 31ST TER, OCALA
Primary Bedroom - 4861 SE 31ST TER, OCALA
Primary Bathroom - 4861 SE 31ST TER, OCALA
Walk in Closet Primary Bedroom - 4861 SE 31ST TER, OCALA
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Bedroom 2 - 4861 SE 31ST TER, OCALA
Bedroom 2 - 4861 SE 31ST TER, OCALA
Bedroom 2 - 4861 SE 31ST TER, OCALA
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Single Family Residence at 4861 SE 31ST TER, OCALA, photo 34 of 42
Bedroom 3 - 4861 SE 31ST TER, OCALA
Bedroom 3 - 4861 SE 31ST TER, OCALA
Bedroom 3 - 4861 SE 31ST TER, OCALA
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42 photos

$249,000

4861 SE 31ST TER
OCALA, FL 34480
Listed by Heather Mangus · PEGASUS REALTY & ASSOC INC
Bedrooms
3
Bathrooms
2
Living area
1,482 sqft
Year built
1987

About this home

Welcome home to this charming 3-bedroom, 2-bath residence nestled on a quiet cul-de-sac in one of Ocala’s established neighborhoods. Surrounded by beautiful mature oak trees, this property offers a peaceful setting with a spacious, fully fenced backyard and an oversized side yard perfect for gardening, outdoor activities, or simply enjoying the extra space. The cul-de-sac location also provides a long driveway with ample parking for family and guests, while the newer metal roof offers added value and peace of mind. Inside, you’ll find a spacious living room that welcomes you with plenty of room to relax or entertain. The open dining area flows seamlessly into the bright, cheerful kitchen, creating a functional layout ideal for everyday living and gatherings. A desirable split-bedroom floor plan offers privacy, with generously sized guest bedrooms and a comfortable primary suite featuring a walk-in closet and private en-suite bath. Conveniently located in Ocala, this home is just minutes from shopping, dining, medical facilities, walking/biking trails, and is situated within the sought-after Forest High School district. Whether you’re searching for your first home, a place to grow, or simply a peaceful setting with room to enjoy the outdoors, this property is ready to welcome you home.

Property details

MLS
Stellar MLS
MLS #
MFROM729613
Property type
Single Family Residence
Subdivision
SOUTH OAK
Status
Active
Days on market
61
On market date
August 4, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
2
Parking spaces
N/A
Lot size
0.26 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
SOUTH OCALA ELEMENTARY SCHOOL
2.21 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
744
Student:teacher ratio
17.3:1
District
MARION
MiddleCharter
OCALI CHARTER MIDDLE SCHOOL
1.67 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
201
Student:teacher ratio
15.5:1
District
MARION
High
FOREST HIGH SCHOOL
1.63 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
2,181
Student:teacher ratio
21.8:1
District
MARION

Walkability

Blended score for OCALA's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

33
Car-dependent
out of 100
EPA National Walkability Index
7.0 / 20 -- Below average walkable
Google Places amenity density
30 / 100
Restaurants & cafes6
Grocery stores1
Parks0
Schools2
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in OCALA, from live MLS data.

On the market 61 days -- 38 fewer days than OCALA's current average of 99 days.
For reference, the median list price across 5,185 active listings in OCALA right now is $249,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$1,650/mo
$49,800 down
$199,200 loan
Principal & interest$1,292
Property tax (est.)$208
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 19 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.