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481 ISLAND HOUSE PATH

House Active With Contract
$514,700

BTC: 6.58605246

ETH: 210.16741527

-$15K (2026/07/27)
134 days
3 bds
3 ba
1,903 sqft

Overview

Under contract-accepting backup offers. ASSUMABLE 2.25% FHA LOAN AVAILABLE FOR QUALIFIED BUYERS! This expanded Bayberry Designer Home in the sought-after Village of Osceola Hills offers the rare combination of flexible living space, a 2-car plus golf cart garage, climate-controlled enclosed lanai, and approximately 2,000 sq. ft. of beautifully maintained living space—all just a short golf cart ride to championship golf, recreation centers, shopping, dining, and nightly entertainment in The Villages. Welcome to 481 Island House Path, where comfort, style, and the renowned Villages lifestyle come together. Built with durable block and stucco construction, this thoughtfully designed 3-bedroom, 3-bath home offers an open floor plan ideal for everyday living and entertaining. A charming screened front porch creates a welcoming first impression and provides the perfect spot to enjoy your morning coffee or visit with neighbors. Inside, you will find luxury vinyl flooring throughout, and an open-concept design that creates a bright, spacious feel. The kitchen is the heart of the home, featuring quartz countertops, abundant cabinetry, generous workspace, and a seamless flow into the dining and living areas—perfect for hosting family and friends. The spacious primary suite offers a relaxing retreat with a large walk-in closet and an ensuite bath featuring a Roman shower. Two additional bedrooms and two full bathrooms provide excellent privacy and flexibility for guests, hobbies, or a home office. One of this home's standout features is the private enclosed rear lanai, complete with its own mini-split heating and cooling system, creating valuable year-round living space that can serve as a Florida room, hobby area, fitness room, or second living area. Combined with the screened front porch, this home offers exceptional indoor-outdoor living. Additional highlights include the spacious 2-car plus golf cart garage and beautiful curb appeal in one of The Villages' most desirable neighborhoods. An exceptional financial opportunity awaits qualified buyers with an assumable FHA mortgage of approximately $213,000 at an incredibly low 2.25% interest rate, maturing in October 2050—potentially providing significant monthly savings compared to today's market rates.

Location

Details

Type:
Residential
Parking:
Golf Cart Garage
Year Built:
2017
Lot:
0.13 Acres
Heating:
Heat Pump
Price/sqft:
$270
Cooling:
Central Air / Mini-Split Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$448,407
$319K – $532K
Confidence Low
List vs. estimate
$66K above estimate
List $514,700 · +14.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$270
+6.4% vs. city median $254
Based on
96 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,735
2025
Garage
3 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Laminate

    Heating

    • Heat Pump

    Cooling

    • Central Air

    • Mini-Split Unit(s)

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • High Ceilings

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Solid Surface Counters

    • Thermostat

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 3

  • Parking

    • Golf Cart Garage

    Property

    • Levels: One

    • Exterior Features: Irrigation System / Sliding Doors

    Lot

    • Lot: 0.13 Acres

    Other Property Information

    • Parcel Number: G13G116

    • Zoning: RESI

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $5,736

  • Source details

    • MLS ID: G5111007

    Other facts

    • Construction Materials: Stucco

    • Foundation Details: Slab

    • Laundry Features: Electric Dryer Hookup / Inside / Laundry Room

    • Lot Features: Landscaped / Near Golf Course

    • Direction Faces: Southeast

    • Garage Spaces: 3

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1903

    • Water Source: Public

    • Subdivision Name: VILLAGES/SUMTER UN 191

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: REALTY EXECUTIVES IN THE VILLAGES