4281 SW 121ST TERRACE Ocala, FL $ 565,000
4281 SW 121ST TERRACE
$ 565,000
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4281 SW 121ST TERRACE

Ocala, FL, 34481
$ 565,000
Bedrooms4 Baths3.0 Sq 3,484

Monthly Estimate*

$ 3,479

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Single Family Home for sale in Ocala, FL

for $565,000 with 4 bedrooms and 3 full baths. This 3,484 square foot home was built in 1992 on a lot size of 1.03.

Come check out this one-of-a-kind, multi-generational home situated on a corner lot in the desirable Rolling Hills community, just minutes from the World Equestrian Center. This incredible property sits on a paved road and features a 3 bedroom, 2 bathroom main home with a huge bonus room, plus a fully functional mother-in-law suite that has its own private driveway and spacious 4 car garage. As you arrive at the property, you’ll immediately appreciate the beautiful curb appeal, corner lot setting, mature landscaping, and separate driveways that provide convenience and privacy for both living spaces. The main home features its own driveway with a separate 2 car garage, making this setup perfect for families wanting their own space while still living together. Heading inside the main home, you’ll be greeted by a bright and inviting living room with vaulted ceilings and tons of natural light. The kitchen is designed for both function and entertaining, featuring double sinks—including one that overlooks the pool—along with plenty of cabinet space and a layout that flows seamlessly into the main living areas. The main home offers three bedrooms and two full bathrooms, including an oversized bonus bedroom that can easily be used as a game room, office, or additional guest space. The guest bathroom also serves as a convenient pool bathroom with direct access to the outdoor area, perfect for entertaining. The primary suite is truly a private retreat, featuring an oversized master bedroom with its own split unit, a beautiful reading room with views into the pool area, a huge walk-in closet, and a spacious master bathroom with double vanities and an updated walk-in shower. One of the standout features of this property is the backyard oasis, complete with a pool enclosed in a bird cage, offering year-round enjoyment and low maintenance. The separate mother-in-law suite is fully equipped with its own kitchen, full bathroom, and washer/dryer hookups—providing complete independence and comfort. Connected to the suite is a massive 4 car garage with a built-in man cave, offering the ultimate space for hobbies, storage, entertaining, or weekend gatherings. The fully fenced backyard provides added privacy and security, while the irrigation system, greenhouse, and new well pump make this property ideal for gardening, outdoor living, and maintaining beautiful landscaping. Major updates include a 2018 roof and a 2015 HVAC system. What truly sets this property apart is its rare combination of location, layout, and functionality, while also offering multi-generational living, multiple garages, private living spaces, and a resort-style backyard—all in a no HOA community and , just minutes from WEC, shopping, dining, and everyday conveniences. Easy to show! Don’t miss out on the opportunity to own this rare and versatile property. Call to schedule your private tour today!

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Single Family Active

Price

$ 565,000

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 8,422

Style

Single Family Residence

Lot Size

1.03

Year Built

1992

Town/City

Ocala

County/Region

Marion

MLS | Web ID

OM719132

Features
General
Sewer Septic Tank
Heating Central
Cooling Central Air
Utilities Electricity Connected
Roof Shingle
Appliances Dishwasher Microwave Range Refrigerator
Zoning R1
Garage Spaces 6
Patio/Porch Features Enclosed
Pool Features In Ground Screen Enclosure
Construction Materials Block Stucco
Year Built 1992
View Trees/Woods
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Marion
New Construction false
Property Type Residential
Attached Garage false
Subdivision Name ROLLING HILLS UN 05
Facing Direction Southwest
Garage Y/N true
Other Structures Greenhouse Guest House Shed(s) Storage Workshop
Total Rooms 3
Full Baths 3
Status Active
Directions from sw 140th turn onto SW 61st street then turn left onto 121st terrace home will be on corner on the right.
City OCALA
Senior Community Y/N false
MLS Area 34481 - Ocala
Lot Size Units Acres
Lot Size Square Feet 44867
Carport Spaces 2
Carport Y/N true
Listing Terms Cash Conventional FHA USDA Loan VA Loan
Land Lease Y/N false
Tax Annual Amount 8422.09
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/OM719132
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 1
Legal Description SEC 32 TWP 15 RGE 20 PLAT BOOK L PAGE 077 ROLLING HILLS UNIT 5 BLK 151 LOT 1
Minimum Lease No Minimum
Water Access Y/N false
Additional Rooms Bonus Room Florida Room Interior In-Law Suite w/Private Entry Storage Rooms
ILS Under Air SQFT 576
Water View Y/N false
Flood Zone Code X
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Interior
Interior Amenities Built-in Features High Ceilings Split Bedroom Vaulted Ceiling(s)
Flooring Carpet Tile
Furnished Y/N Unfurnished
Total Stories 1
Common Walls Corner Unit
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds
Fireplace Y/N false
Half Baths 0
Laundry Features Inside
Total Bedrooms 4
Total Baths 3
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Exterior
Exterior Amenities Garden Irrigation System Other Storage
Vegetation Trees/Landscaped
Fencing Wood
Parking Features Covered Driveway
Lot Features Corner Lot
Water Source Well
Lot Size Area 1.03
Foundation Details Slab
Building Area Total 5348
Lot Dimensions 150 x 299
Lot Size Acres 1.03
Road Surface Type Paved
Private Pool true
Waterfront Y/N false
Covered Spaces 8
Road Frontage Type Street Paved
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* Excluded Features
List By
Gailey Enterprises Real Estate

Broker

aiyanawardrealtor@gmail.com

Email

Affordability Calculator

$4,181
Per Month
83%
17%
0%
Monthly Principal & Interest
$3,479
Monthly Property Taxes
$702
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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/19/2026$565,000 Listed Price

Map


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4281 SW 121ST TERRACE, Ocala, FL, 34481 is a Single Family Home for sale at $565,000 with 3,484 sqft and a lot size of 1.03. 4281 SW 121ST TERRACE has 4 bedrooms, 3.0 baths, and was built in 1992. The property's zip code is 34481 which is in Ocala, FL