8490 NW 118TH TERRACE Ocala, FL $ 985,500
8490 NW 118TH TERRACE
$ 985,500
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8490 NW 118TH TERRACE

Ocala, FL, 34482
$ 985,500
Bedrooms3 Baths2.0 Sq 2,862

Monthly Estimate*

$ 6,068

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Single Family Home for sale in Ocala, FL

for $985,500 with 3 bedrooms and 2 full baths. This 2,862 square foot home was built in 2000 on a lot size of 4.1.

Tucked away along a quiet cul-de-sac in the equestrian-friendly McCully’s Subdivision, this impeccably maintained 4.1-acre mini-farm offers a rare blend of modern upgrades, privacy, and purposeful design crafted with both two- and four-legged residents in mind. Fenced and gated, the property welcomes you with a tree-lined driveway that leads past paddocks with new wood fencing towards the oversized garage. The home itself is incredibly eye-catching, with ample curb appeal, freshly painted exteriors, a circular drive for easy navigation, and tasteful landscaping– all surrounded by open pasture and well-seeded lawns that have been lovingly restored over time. Offering a total of 3-bedrooms and 2-baths, the home features an open floor plan with sweeping vaulted ceilings, wood-beamed accents, fresh interior paint, and engineered hardwood flooring that runs throughout. The spacious foyer opens up to the expansive great room, which centers around a striking new gas fireplace with floor-to-ceiling brickwork—a warm focal point for gatherings. The living area is nice and welcoming, complete with a built in wet-bar with plenty of storage space, ideal for those who enjoy hosting Just beyond, the kitchen is designed for entertaining and ease of use with updated stainless steel appliances, ample cabinet and counter space, a large center island, large windows, and plenty of space for a dining set. Each bedroom is generously sized, and the primary suite includes a large walk-in closet, serene views, and a recently refreshed en-suite bath complete with new faucets and dual vanities. One of the bedrooms is currently used as a dedicated office space but features a newly added closet, offering the flexibility for use as a bedroom or a quiet workspace as desired. The lifestyle here expands well beyond the walls of the home. A sprawling screened lanai provides ample space to relax, host, or enjoy quiet mornings overlooking the land. Out back, equestrians will appreciate the attention given to the two barns on property, which provide a total of 6-stalls altogether. The barn to the right features 3-stalls which were recently dug out and reinstalled. There’s also upgraded electrical service to both barns, an electric hot water system for the wash rack, new barn fans, exterior lighting, and regular maintenance like moss spraying to ensure the health of surrounding oaks. With no HOA and zoning that supports agricultural use, this property offers freedom, utility, and a peaceful rural setting– all just a short drive from WEC, HITS, and the amenities of NW Ocala. Whether you're seeking a working horse property or a private countryside retreat with modern comforts, this one delivers both with pride of ownership at every turn.

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Single Family Active

Price

$ 985,500

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 6,840

Style

Florida

Lot Size

4.1

Year Built

2000

Town/City

Ocala

County/Region

Marion

MLS | Web ID

OM716120

Features
General
Sewer Septic Tank
Heating Electric
Cooling Central Air
Utilities Electricity Connected Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Built-In Oven Dishwasher Electric Water Heater Microwave Range Range Hood Refrigerator Washer Water Filtration System Water Softener
Zoning A1
Garage Spaces 2
Patio/Porch Features Covered Enclosed Front Porch Porch Rear Porch Screened
Architectural Style Florida
Security Features Security Gate Smoke Detector(s)
Construction Materials Brick Cement Siding
Pets Allowed Yes
Year Built 2000
View Trees/Woods
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Current Use Horses
Ownership Fee Simple
Community Features Horses Allowed
County Marion
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name MCCULLY S SUB FIRST ADD
Facing Direction Southeast
Garage Y/N true
Other Structures Barn(s)
Total Rooms 4
Full Baths 2
Status Active
Directions N. US Hwy 27 to turn right on take until end turn right NW 85th and then right onto NW 118th property on right.
High School Forest High School
City OCALA
Senior Community Y/N true
MLS Area 34482 - Ocala
Lot Size Units Acres
Lot Size Square Feet 178596
Carport Y/N false
Listing Terms Cash Conventional
Elementary School Reddick-Collier Elem. School
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 6840.04
Home Warranty Y/N false
Middle/Junior High School Osceola Middle School
Property Condition Completed
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/OM716120
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 10
Legal Description SEC 16 TWP 14 RGE 20 PLAT BOOK U PAGE 096 MCCULLY S SUB FIRST ADD LOTS 10.11
Minimum Lease No Minimum
Water Access Y/N false
Additional Rooms Family Room Great Room Inside Utility
Water View Y/N false
Flood Zone Code X
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Interior
Interior Amenities Ceiling Fan(s) High Ceilings Open Floorplan Primary Bedroom Main Floor Solid Wood Cabinets Stone Counters Thermostat Vaulted Ceiling(s) Walk-In Closet(s) Wet Bar
Flooring Ceramic Tile Engineered Hardwood
Furnished Y/N Negotiable
Fireplace Features Electric Family Room
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Shutters
Fireplace Y/N true
Half Baths 0
Laundry Features Inside Laundry Room
Total Bedrooms 3
Total Baths 2
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Exterior
Exterior Amenities Lighting
Vegetation Mature Landscaping Oak Trees Trees/Landscaped
Fencing Board Fenced Wire Wood
Parking Features Garage Door Opener Garage Faces Side Oversized
Lot Features Cleared Farm Landscaped Level Pasture Street Dead-End Unincorporated
Water Source Well
Lot Size Area 4.1
Foundation Details Slab
Building Area Total 4850
Lot Dimensions 196 x 618
Lot Size Acres 4.1
Road Surface Type Paved Asphalt
Private Pool false
Waterfront Y/N false
Covered Spaces 2
Road Frontage Type Street Dead-End Street Paved
Road Responsibility Public Maintained Road
Horse Amenities Stable(s)
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* Excluded Features
List By
Showcase Properties Of Central

Broker

Elizabeth@ShowcaseOcala.com

Email

Affordability Calculator

$6,638
Per Month
91%
9%
0%
Monthly Principal & Interest
$6,068
Monthly Property Taxes
$570
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Forest High School High School High School
Pricing History
DatePricePrice ChangeDescription
1/7/2026$985,500 Listed Price

Map


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8490 NW 118TH TERRACE, Ocala, FL, 34482 is a Single Family Home for sale at $985,500 with 2,862 sqft and a lot size of 4.1. 8490 NW 118TH TERRACE has 3 bedrooms, 2.0 baths, and was built in 2000. The property's zip code is 34482 which is in Ocala, FL