481 Island House PathThe Villages, FL 32163Price: $514,700

  • Price: $514,700
  • Est. Mortgage of $/month
  • 111 Days on Market
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$/month over payments
Federal 30-year interest rate: 6.66% last updated on Jul 30, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $514,700List Price
  • 3Bedrooms
  • 3Full Bath
  • 1,903Square Feet
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.

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Mortgage Calculator


$
$
%
Est. Mortgage:
$/month over payments
Federal 30-year interest rate: 6.66% last updated on Jul 30, 2026. * The above figures are estimates provided by Union Street Media using the FRED® API, and are not endorsed or certified by the Federal Reserve Bank of St. Louis. Check with your lender for actual interest rates.
Listed by Holly McEntire of REALTY EXECUTIVES IN THE VILLAGES (352-753-7500)

Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of August 2, 2026 4:35 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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