16891 NE 243RD PLACE ROAD, Fort Mc Coy, FL, 32134 | $799,900

Offered at a compelling value and priced to sell, this rare 16-acre estate sits high on a rolling bluff with over 90 feet of elevation, offering breathtaking views of the world-renowned Rodman Reservoir and the winding Ocklawaha River. Built in the 1970s by a skilled artist, the 4, 986 sq ft courtyard-style home features five bedrooms and four bathrooms, with hand-painted murals of the river throughout—even on the custom shutters. A whole-home generator, furnace, and LIFETIME aluminum roof ensure lasting comfort and reliability.

Though the property line concludes at the Marjorie Rawlings take-line, you’ll enjoy full access to the water’s edge, a private walkway, and a pre-existing dock—giving you the full experience of waterfront living without the burden of waterfront taxes. It’s truly the best of both worlds.

The property is perimeter fenced and gated, offering ultimate privacy and seclusion. Over 11 acres of fenced pasture lie on the south side of the road and border the Ocala National Forest, providing immediate access to thousands of acres of preserved land. Whether you’re horseback riding, hiking, or simply enjoying the natural beauty, adventure is just beyond your fence line.

Located in the heart of the Ocala National Forest—spanning more than 387, 000 acres—you’re surrounded by unmatched natural beauty and recreation. Trailheads for horseback riding and ATV/UTV use are just minutes away, as is the Rodman Reservoir boat ramp for easy lake access. Wildlife sightings are frequent and include eagles, Osceola turkey, whitetail deer, and black bear.

The estate also includes multiple powered and plumbed workshops, two attached garages, an additional workshop, and four covered carport spaces. The fenced pasture with scattered live oaks is ideal for horses, cattle, or peaceful open space.

The nearest town, Salt Springs, is just 10 miles away and offers dining and small-scale shopping. For larger stores and amenities, Palatka is approximately 25 miles away, and Ocala is about 40 miles. You’re also a short drive to some of Florida’s most beloved natural springs, including Salt Springs and Silver Glen Springs.

Owned by only two families since it was built, this is a rare chance to own one of the largest bluff-top estates overlooking the reservoir—where timeless craftsmanship and Florida’s raw beauty come together in a way few properties can offer.

Features

  • Rooms: 3
  • Bedrooms: 5
  • Baths: 3 full
  • Lot Size: 765 x 270
  • Laundry: Other
  • Style: Courtyard
  • Year Built: 1976
  • Garage: 2-car
  • Heating: Central, Partial
  • Cooling: Central Air, Wall/Window Unit(s)
  • Approx Sq. Feet: 4,968
  • Acreage: 16.41
  • Lot Size: 765 x 270
  • Est. Taxes: $8,609
  • Lot Desc: Conservation Area, Rolling Slope
  • View: Water
  • Appliances: Range, Refrigerator
  • MLS#: OM699914
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/OM699914/16891ne243rdplaceroad_fortmccoy_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 4/28/2025 5:43:19 AM)
Listing courtesy of ROUNTREE REALTY CORP.   Phone: 352-572-1739

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NMLS Mortgage Loan Originator ID 16953

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16891 NE 243RD PLACE ROAD, Fort Mc Coy, FL, 32134

$799,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $639,920 $639,920 $639,920
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.058% 7.025% 6.132%
Monthly Tax Payment $717 $717 $717
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,045 $4,204 $5,357
Total Monthly Payment $4,854 $5,013 $6,166

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.