Single Family Residence at 488 WATER WAY, OCALA
Single Family Residence at 488 WATER WAY, OCALA, photo 2 of 7
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Single Family Residence at 488 WATER WAY, OCALA, photo 7 of 7
7 photos

$225,000

488 WATER WAY
OCALA, FL 34472
Listed by Elita Ramharack · KELLER WILLIAMS CORNERSTONE RE
Bedrooms
2
Bathrooms
2
Living area
1,524 sqft
Year built
1980

About this home

Welcome home to this charming 2-bedroom, 2-bathroom residence offering 1,524 square feet of living space in Silver Springs Shores! This well-maintained home features a NEW ROOF and NEW A/C, providing added peace of mind for its next owner. Step inside to discover a comfortable and inviting layout with beautiful flooring, a spacious living area and dining space perfect for everyday meals and entertaining. The kitchen offers convenient access to the dining area, creating a functional flow throughout the home. Outside, enjoy a spacious front yard, attractive landscaping, and an attached garage. Whether you're a first-time homebuyer, looking to downsize, or searching for your next investment opportunity, this home offers plenty of possibilities. Conveniently located near shopping, dining, schools, and everyday amenities. Schedule your private showing today!

Property details

MLS
Stellar MLS
MLS #
MFROM734663
Property type
Single Family Residence
Subdivision
MEADOWVIEW 03
Status
Active
Days on market
N/A
On market date
October 26, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.24 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.

ElementaryCharter
MARION CHARTER SCHOOL
0.99 mi away · Grades 0-5
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
223
Student:teacher ratio
15.9:1
District
MARION
Middle
BELLEVIEW MIDDLE SCHOOL
4.99 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,491
Student:teacher ratio
22.9:1
District
MARION
High
LAKE WEIR HIGH SCHOOL
2.88 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,413
Student:teacher ratio
23.2:1
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).

68
Walkable
out of 100
EPA National Walkability Index
11.8 / 20 -- Above average walkable
Google Places amenity density
80 / 100
Restaurants & cafes17
Grocery stores5
Parks1
Schools1
Transit stops9
Pharmacies3

Market position

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

On the market 0 days -- 99 fewer days than OCALA's current average of 99 days.
For reference, the median list price across 5,220 active listings in OCALA right now is $249,725.

Mortgage calculator

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

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Est. monthly payment
$1,505/mo
$45,000 down
$180,000 loan
Principal & interest$1,167
Property tax (est.)$188
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 1 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.