tomo logo

$399,900

Beds
2
Baths
2.0
sq ft
1,666

5589 NW 40th Loop, Ocala, FL 34482

5589 NW 40th Loop

OCALA, FL 34482

  • 57 days on market
Stunning Shea-built Monaco Model in the highly sought-after Ocala Preserve community—just minutes from WEC, HITS, FAST, and more! Nestled on a premium lot with no rear neighbors, this home offers both privacy and convenience, just a short stroll to the clubhouse. With nearly 1,700 sq ft of under-air living space, this thoughtfully designed home features 2 bedrooms, 2 bathrooms, a versatile den, and a spacious screened lanai with an extended paver patio—complete with an oversized umbrella shade, perfect for outdoor entertaining.? Step inside and be greeted by beautiful tile flooring, soaring ceilings, and oversized windows that flood the space with natural light while showcasing serene backyard views. The open-concept living area flows seamlessly into the dedicated dining space and stylish eat-in kitchen. Designed for both function and beauty, the kitchen boasts a striking stone peninsula, under-cabinet lighting, abundant cabinet space, an interior island, and a deep pantry. Stainless steel appliances complement the rich granite counters, while the gas stove is a dream for any home chef. A charming breakfast nook, framed by corner windows, offers the perfect spot to enjoy your morning coffee.? The well-equipped laundry room includes a utility sink, extra storage, and direct access to the epoxied garage with additional shelving. A desirable split floor plan ensures privacy, with the spacious owner’s suite tucked away at the back of the home. Western-facing views let you take in breathtaking sunsets right from your bedroom. The en-suite bathroom is a true retreat, featuring dual sinks, ample cabinetry, a beautifully tiled walk-in shower with seamless glass doors, and a custom-built walk-in closet. The guest bedroom is equally inviting, with large windows and a deep closet, while the guest bath impresses with its elegant tile work, stone-topped vanity, and walk-in shower with a glass enclosure.? The flexible den/sitting area provides additional space for an office, reading nook, or hobby room, with direct access to the screened lanai. Step outside to your private backyard oasis—whether grilling, gathering around a fire pit, or simply unwinding, this space was made for relaxation. With no rear neighbors, the possibilities are endless!? Additional upgrades include a whole-home water softener system and more! Ocala Preserve is a lifestyle-focused community offering walking trails, a lakeside veranda & boardwalk, a resort spa & fitness center, tennis, pickleball, bocce, a clubhouse with dining and social clubs, resort and lap pools, and so much more. Don't miss your chance to own this incredible home—schedule your private tour today!

Details

Property type

Single Family Residence

Est. home value

$414,834

Lot size

6,098 sq ft

Price per sq ft

$241

Year built

2019

Annual property taxes

$3,484.42

Monthly HOA fee

$528.32

Price History

02/03/2025
StellarMLS

StellarMLS #V4940684

Listed
$399,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Clubhouse, Golf, Pool, Racquetball, Restaurant, Tennis Court(s)

Senior community center: 

Yes

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$209,001
Asking price
$399,900
Closing costs (~8% of asking)
-$31,992
Est. remaining loan balance
-$158,907
Cash to seller
$209,001

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Filo Mortgage Llc

Loan start date

August 2021

Original loan amount

$200,650

Est. remaining balance

$158,907

Interest rate

2.34%

Loan type

New Conventional, 15 year

Seller

Richard K Parenteau and Patricia J Parenteau

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Sold
StellarMLS
$284,530
2 bd
|
2 ba
|
1,612 sq ft
|
House

4341 NW 57th Ave, Ocala, FL 34482

Price drop
StellarMLS
$340,000
2 bd
|
2 ba
|
1,666 sq ft
|
House

3554 NW 55th Cir, Ocala, FL 34482

Price drop
StellarMLS
$320,000
2 bd
|
2 ba
|
1,318 sq ft
|
Townhouse

5319 NW 34th St, Ocala, FL 34482

Status: Active

Tomo last checked: 04/01/2025 at 8:40 PM

Listing updated: 02/04/2025 at 6:54 AM

Listed by: Stephanie Cathey, RE/MAX SIGNATURE Phone #: (386) 236-0760

MLS: StellarMLS #V4940684

StellarMLS logo

Recently listed in OCALA

$425,000|3 bd|2.0 ba|House
$475,000|3 bd|2.0 ba|House
$1,225,000|3 bd|2.0 ba|House
$599,000|4 bd|3.0 ba|House
$405,000|2 bd|2.0 ba|House
$317,990|4 bd|2.0 ba|House
$304,990|4 bd|2.0 ba|House
$302,990|3 bd|2.0 ba|House