$1,000,000
Original: $1,200,000 ▼ Price reduced

493 MALAUKA LOOP, Ocklawaha, FL 32179

Active
3
Beds
4
Baths
3,058
Sq Ft
$327
Per Sq Ft
2001
Built
38
Days Listed

About This Property

Virtually Staged. Nestled on 3.15 private lakefront acres, this extraordinary WATERFRONT retreat offers a rare combination of sunset views, multi-generational living, and exceptional development opportunity. Positioned on the 5th of 8 potential LAKEFRONT LOTS on LAKE LEON, this unique property includes 7 additional waterfront lots, allowing you to preserve the privacy of your estate, create a family compound, or unlock future investment potential as waterfront inventory continues to shrink. Enter through the gated courtyard and discover a warm, inviting lake house filled with natural light from 68 WINDOWS showcasing BREATHTAKING WATER VIEWS throughout the home. The cozy kitchen and dining area feature a breakfast bar perfect for casual gatherings, while the expansive living room impresses with CATHEDRAL CEILINGS, a FIREPLACE, a ceiling fan, and panoramic lake views. The primary suite offers a true private retreat with an ensuite bath featuring dual vanities, a garden tub, a walk-in shower, and a reinforced CONCRETE STORM SHELTER/SAFE ROOM integrated into the suite. An ELEVATOR provides convenient access upstairs. Additional rooms currently used as hobby spaces offer endless customization possibilities. The OVERSIZED 2.5-CAR GARAGE leads to an additional IN-LAW APPARTMENT with a private kitchen and bath, offering ideal accommodations for extended family, guests, potential rental income, or independent living. Additional upgrades include a 2024 ROOF. Outdoor living is at the heart of the property with expansive WRAPAROUND PORCHES and upper-level LAKEFRONT BALCONIES designed for morning coffee, peaceful afternoons, and unforgettable sunset evenings over the water. Whether you are seeking a private waterfront estate, multi-generational living setup, or a prime waterfront investment in a rapidly developing area, this one-of-a-kind property delivers unmatched flexibility and value.

Property Details

TypeSingle Family Residence
Garage2 spaces
Lot3.15 ac
PoolNo
WaterfrontYes
SubdivisionLAKE LEON
HOANo
Tax/yr$5,090
HeatingElectric
CoolingCentral Air
FlooringCarpet, Laminate, Wood
RoofShingle

Listed by WORTH CLARK REALTY · MLS# G5112490

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Listing information © 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved. Data deemed reliable but not guaranteed. Last updated: 2026-06-27.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Rise Team · LPT Realty, LLC
Mike Valdes
Mike Valdes
Rise Team · LPT Realty
(813) 548-5618
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