621 NE 165TH TERRACE Silver Springs, FL $ 156,000
621 NE 165TH TERRACE
$ 156,000
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621 NE 165TH TERRACE

Silver Springs, FL, 34488
$ 156,000
Bedrooms2 Baths1.0 Sq 1,118

Monthly Estimate*

$ 961

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Single Family Home for sale in Silver Springs, FL

for $156,000 with 2 bedrooms and 1 full bath. This 1,118 square foot home was built in 1988 on a lot size of 0.23.

PRICE IMPROVEMENT. If you’ve been searching for an affordable property near Lake Owen with year-round flexibility, this opportunity stands out. Located in a lake-access neighborhood, this home offers over 1,100 square feet with 2 bedrooms, 1 bath, bonus space, and room to make it your own. Major updates provide peace of mind: 200-amp Siemens panel (2021), 50-gallon hot water heater (2021), Goodman A/C (2018), septic pumped (2022), new well tank and switches (2022), updated breakers, appliances, fresh interior paint, new fixtures, exterior paint, and a metal roof on the 20x12 shed. A surge protector was added at the meter by Clay Electric in 2023. The fully fenced and gated yard includes two storage sheds, RV parking with hookup, and space for boats, trailers, or recreational vehicles. Bring your outdoor lifestyle with you. With NO HOA and no deed restrictions, you have the freedom to use the property your way. Zoned R-4, this setting offers long-term flexibility and value. Located in a no flood zone and just minutes from the Ocala National Forest, you are surrounded by boating, fishing, ATV trails, hiking, and natural springs. Silver Springs State Park and Daytona Beach are within easy reach. This is not a cookie-cutter property. It is a solid, affordable home in a location buyers actively seek, with room to personalize and build equity over time. If you’ve been waiting for lake-area access, outdoor recreation, and pricing that makes sense, this is worth a look.

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Single Family Active

Price

$ 156,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 2,759

Style

Single Family Residence

Lot Size

0.23

Year Built

1988

Town/City

Silver Springs

County/Region

Marion

MLS | Web ID

OM715959

Features
General
Sewer Septic Tank
Heating Electric
Cooling Central Air
Utilities Electricity Connected
Possession Close Of Escrow
Roof Metal
Appliances Built-In Oven Cooktop Dryer Microwave Range Hood Refrigerator Washer
Zoning R4
Construction Materials Wood Frame
Year Built 1988
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Marion
New Construction false
Property Type Residential
Subdivision Name TIMBERLANE
Facing Direction West
Garage Y/N false
Total Rooms 3
Full Baths 1
Status Active
Directions From Hwy 40 North on SE 162nd Ter turns into SE Third Street continue on SE Third Street which turns into SE 165th Court Rd which turns into E Fort King St. Left on NE 167th Ct. Left on NE 3rd Lane which will turn into 165th Ter. Home will be on the right. #621
High School Lake Weir High School
City SILVER SPRINGS
Senior Community Y/N false
MLS Area 34488 - Silver Springs
Lot Size Units Square Feet
Lot Size Square Feet 10019
Carport Y/N false
Listing Terms Cash Conventional
Elementary School East Marion Elementary School
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 2759.51
Middle/Junior High School Ft McCoy Middle
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/OM715959
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 3TO
Legal Description SEC 14 TWP 15 RGE 24 PLAT BOOK G PAGE 053 TIMBERLANE SUB BLK I LOT 3 TOGETHER WITH A 1/145TH INTEREST IN THAT PART OF THE W 150 FT OF E 667.98 FT OF SW 1/4 OF NE 1/4 LYING S OF EXISTING CR
Minimum Lease No Minimum
Water Access Y/N false
Additional Rooms Loft
Water View Y/N false
Flood Zone Code X
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Interior
Interior Amenities Cathedral Ceiling(s) Ceiling Fan(s) Kitchen/Family Room Combo Window Treatments
Flooring Laminate Tile
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds Shades
Fireplace Y/N false
Half Baths 0
Laundry Features Common Area Inside
Total Bedrooms 2
Total Baths 1
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Exterior
Exterior Amenities Awning(s) Garden Lighting Private Yard Rain Gutters RV Hookup Storage
Fencing Chain Link
Water Source Well
Lot Size Area 10019
Foundation Details Slab
Building Area Total 1118
Lot Dimensions 80 x 125
Lot Size Acres 0.23
Road Surface Type Limerock
Private Pool false
Waterfront Y/N false
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* Excluded Features
List By
Re/Max Premier Realty

Broker

mjfloridahomesales@gmail.com

Email

Affordability Calculator

$1,190
Per Month
81%
19%
0%
Monthly Principal & Interest
$961
Monthly Property Taxes
$230
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
Lake Weir High School High School High School
Pricing History
DatePricePrice ChangeDescription
3/3/2026$156,000 -7.69% Price Down
2/7/2026$169,000 -3.37% Price Down
1/6/2026$174,900 Listed Price

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621 NE 165TH TERRACE, Silver Springs, FL, 34488 is a Single Family Home for sale at $156,000 with 1,118 sqft and a lot size of 0.23. 621 NE 165TH TERRACE has 2 bedrooms, 1.0 baths, and was built in 1988. The property's zip code is 34488 which is in Silver Springs, FL