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316 SW Cherrywood Way, Lake City, FL, 32024

$150,000

5.01 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewTrees/Woods
MLS #GC515922
Lot Size5.01 Acres
StatusActive

About 316 SW Cherrywood Way

Ask about One-Time Close, where you can buy the land and build your home under the same loan! Tranquil 5.01-Acres in Magnolia Place Escape to the serene beauty of Magnolia Place with this exceptional 5.01-acre parcel, perfectly poised to offer a harmonious blend of nature and relaxation. Located at 316 SW Cherrywood Way, this remarkable property presents an exclusive opportunity to create your own oasis and embrace the true essence of tranquil living. Key Features: Abundant Space: With 5.01 acres of land at your disposal, you have ample space to bring your vision to life, whether it's crafting a private retreat, establishing a garden sanctuary, or enjoying outdoor recreational pursuits. The wooded lot is perfect for those who want a hideaway. Nature's Beauty: The lush landscape surrounding the property invites you to immerse yourself in the beauty of nature, providing a sense of privacy and seclusion. Endless Possibilities: Envision your dream escape as you design and develop the perfect space to suit your preferences. From building a custom home to setting up a recreational paradise, the options are limited only by your imagination. Tranquility Awaits: The gentle rustling of leaves, the soft lapping of water – experience the ultimate tranquility that comes from being immersed in a natural lakeside environment. Convenient Location: While offering a retreat from the hustle and bustle, the property remains conveniently situated near local amenities, schools, and major roadways. Additional Information: Discover the potential of this captivating land, where your aspirations for a peaceful haven can come to life. Whether you're envisioning a private residence that seamlessly blends with nature or a leisurely getaway that allows you to recharge, 316 SW Cherrywood Way provides the canvas for your dreams. Don't miss the chance to own this slice of paradise – contact us today to explore the possibilities.

Property Details

Property Features

Listing Office:

  • Office Name: ANCHOR HOUSE PROPERTY MANAGEME
  • Listing Agent: Alex Worthington

Exterior Features

Exterior Information:

  • View: Trees/Woods

Virtual/3D Tour

  • Virtual Tour: 316 SW Cherrywood Way
Virtual Tour

Lot Features

Lot Information:

  • Lot: Rural Area, Paved, Wooded
  • Lot Size: 5.01 Acres

Other

Directions Information:

  • Directions: Directions from Downtown Lake City to 316 SW Cherrywood Way: Start by heading south on Marion Street toward E Duval Street. Turn left onto US-90 E/W Duval Street and continue to follow US-90 E for approximately 2.5 miles. Merge onto I-75 South via the ramp to Gainesville. Drive on I-75 South for about 6 miles. Take Exit 427 toward US-41/FL-47/Lake City/FT. White. Turn right onto US-41 South/FL-47 South. Continue on US-41 South/FL-47 South for approximately 7 miles. Turn left onto SW Sisters Welcome Road. After about 0.7 miles, turn right onto SW Cherrywood Way. Continue along SW Cherrywood Way for approximately 0.2 miles. Arrive at 316 SW Cherrywood Way, Lake City, FL 32024, which will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $150,000
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Housing Market Comparison

See how this home compares to others in Lake City, FL.

Med. Sold Price

$288K

Med. Price/SqFt

$174

Avg. Days On Market

24

# of Sold Homes

6

316 SW Cherrywood Way vs Lake City

436 DAYS ON ROCKET

+412 Days

$150,000

-$138K Less

KEY TAKEAWAY

This property is $138K less than the Median Sold Price in Lake City, FL.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #GC515922

Listing Office:

  • Office Name: ANCHOR HOUSE PROPERTY MANAGEME
  • Listing Agent: Alex Worthington

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 10:49:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$816

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$516

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-498264
8
/10
  • Columbia City Elementary School

  • 7438 SW State Road 47

  • 6.88 miles

  • Public District Grades PK-5

school-card-donut-498265
6
/10
  • Fort White Elementary School

  • 18119 SW State Road 47

  • 9.66 miles

  • Public District Grades PK-5

school-card-donut-498266
4
/10
  • Pinemount Elementary School

  • 1388 SW McFarlane Ave

  • 10.42 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,426. The most common annual income of people living in Lake City, FL is less than $35k. Most families are married, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 316 SW Cherrywood Way

What is the listing price of this property?

The listing price of 316 SW Cherrywood Way property is $150,000.

What type of property is this?

The property 316 SW Cherrywood Way is land located in Lake City, Florida, 32024.

Is this property for sale now?

Active Listing: 316 SW Cherrywood Way is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 316 SW Cherrywood Way is 5.01 acres.
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Rocket HomesFloridaColumbia CountyLake City32024316 SW Cherrywood Way

This home is located at 316 SW Cherrywood Way in Lake City, FL and zip code 32024. This home sits on a 5.01 acre lot. It has been listed on Rocket Homes since September 13, 2023 and is currently priced at $150,000.

In October 2024, from all listings sold in Lake City, FL there were more than 2 sold above asking price, over 3 sold below and more than 1 were sold right at the asked price. Between September 2024 and October 2024, Lake City, FL real estate market has seen increase in the number of listings by 2.2%. In October 2024, listings were on the market for 24 days. During the same period, the median list price in this real estate market was $288,000.

From Rocket Homes Real Estate and based on county public records data.

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