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.
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.
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
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Property Sales & Tax
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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.
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Nearby Schools
8
/10
Columbia City Elementary School
7438 SW State Road 47
Distance between this listing and this school6.88 miles
Public District Grades PK-5
6
/10
Fort White Elementary School
18119 SW State Road 47
Distance between this listing and this school9.66 miles
Public District Grades PK-5
4
/10
Pinemount Elementary School
1388 SW McFarlane Ave
Distance between this listing and this school10.42 miles
Public District Grades PK-5
Nearby Schools
3
/10
Lake City Middle School
843 SW Arlington Blvd
Distance between this listing and this school10.98 miles
Public District Grades 7-8
7
/10
High Springs Community School
19559 High Springs Main St
Distance between this listing and this school13.24 miles
Public District Grades KG-8
3
/10
Lake Butler Middle School
150 SW 6th St
Distance between this listing and this school15.57 miles
Public District Grades 5-8
Nearby Schools
9
/10
Belmont Academy
1476 SW Walter Ave
Distance between this listing and this school5.85 miles
Public Charter Grades PK-12
3
/10
Columbia High School
469 SE Fighting Tiger Dr
Distance between this listing and this school8.71 miles
Public District Grades 9-12
4
/10
Fort White High School
17828 SW State Road 47
Distance between this listing and this school9.37 miles
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.
Interested in 316 SW Cherrywood Way? Let's connect.
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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.