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138 INDIAN CREEK ROAD

House For Sale
$199,900

BTC: 3.12343750

ETH: 114.49026346

19 days
Waterfront
2 bds
2 ba
1,154 sqft

Overview

Rare waterfront opportunity in the heart of Oak Hill! Situated on a navigable canal with direct access to the world-famous Mosquito Lagoon and the Indian River Lagoon, this property is a true paradise for boaters, anglers, and nature lovers alike. Just a short ride to Ponce Inlet and the Atlantic Ocean, you’ll enjoy some of Florida’s best fishing, shrimping, crabbing, kayaking, and wildlife watching right from your backyard. The existing home offers the potential to renovate and create an affordable waterfront retreat, seasonal getaway, or income-producing property, or take advantage of the canal-front lot and build your dream coastal home. The canal provides easy access to the Intracoastal Waterway, with approximately 14 miles to Ponce Inlet by water. Located in the quiet fishing community of Oak Hill, this property is surrounded by the natural beauty of the Indian River Lagoon system—one of the most biodiverse estuaries in North America and nationally recognized for its outstanding redfish and spotted trout fishing. The area is known for its peaceful Old Florida charm while still being just minutes from New Smyrna Beach, Canaveral National Seashore, waterfront dining, and endless outdoor recreation. Property is being sold AS-IS. Seller will make no repairs. Whether you choose to restore the existing home or build new, this is a chance to own a slice of waterfront paradise with direct Intracoastal and ocean access.

Location

Florida • OAK HILL • 32759 • House • For Sale • Waterfront

Details

Type:
Residential
Parking:
No Data
Year Built:
1969
Lot:
0.21 Acres
Heating:
Electric
Price/sqft:
$173
Cooling:
None
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$280,000
$180K – $574K
Confidence Low
List vs. estimate
$80K below estimate
List $199,900 · -28.6%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$173
-17.0% vs. city median $208
Based on
25 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,575
2025
View
Water
Waterfront
Canal - Brackish, Canal - Saltwater
All facts and features

  • Flooring

    • Carpet

    Heating

    • Electric

    Cooling

    • None

    Appliances

    • None

    Other interior features

    • Other

    • Primary Bedroom Main Floor

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Private Yard

    Lot

    • Lot: 0.21 Acres

    Other Property Information

    • Parcel Number: 853802000120

    • Zoning: 01MH5

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Mobile Home

  • Utility

    • Cable Available

    • Electricity Connected

  • Other financial information

    • Annual tax amount: $2,575

  • Source details

    • MLS ID: G5112276

    Other facts

    • Construction Materials: Vinyl Siding / Wood Frame

    • Laundry Features: Inside

    • Direction Faces: East

    • Other Structures: Boat House

    • Waterfront: Yes

    • Living Area: 1154

    • Water Source: Public

    • Subdivision Name: INDIAN HARBOR ESTATES UNIT 01

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
32759
57
median $274K
Active
Same city
OAK HILL
56
median $281K
Active
Same type
House
9
median $595K
Active
Similar price
$139K – $259K
12
median $199K
Active

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: EXPERT REAL ESTATE ADVISORS