4589 N GRASS ISLAND TERRACE, HERNANDO, FL, 34442
Active1 days on marketListed Aug 13, 2026MLS #OM730388
About this home
4589 N GRASS ISLAND TERRACE
See Realtor Remarks: Discover Arbor Lakes, a private, gated 55+ lakeside community nestled along the beautiful Tsala Apopka Chain of Lakes, where peaceful surroundings, comfortable living, and an active Florida lifestyle come together. This inviting 3-bedroom, 2-bath home offers a desirable split-bedroom floor plan and a comfortable layout with plenty of space for its new owners. The bright and airy kitchen features an abundance of cabinet space and a large pantry, making it both functional and inviting. An indoor laundry room adds everyday convenience, while the two-car garage provides plenty of room for parking and storage. Step outside and enjoy the nice screened-in back patio, the perfect spot to relax, unwind, and enjoy the peaceful surroundings. Beyond the home, Arbor Lakes offers an array of amenities designed to make the most of the Florida lifestyle. Enjoy lakeside living with access to the lake for boating, along with a vibrant community center featuring an exercise room, billiards room, and pool. Tennis and pickleball courts provide even more opportunities to stay active, enjoy the outdoors, and connect with neighbors. Residents enjoy a welcoming community atmosphere with opportunities to stay active and social, while being conveniently located near shopping, dining, medical facilities, entertainment, and more. The community also offers easy access to Ocala and is just a short drive from the Shoppes at Black Diamond in Beverly Hills, making everyday conveniences and local attractions easily accessible. Come see why Arbor Lakes is a wonderful place to call home!
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,557
Sqft
0.2 ac
Lot size
2
Garage
2003
Year built
One
Levels
$157
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$2,486 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,486/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−9%
$/sqft vs Hernando actives
$157 vs $204
Days on market
1 vs 48 typical
Where $157/sqft sits among the 104 Hernando actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Hernando
Get to know Hernando. See the full Hernando guide →
HERNANDO 34442 — neighborhood snapshot
Population
16,356
Median age
65.7
Median income
$55,473
Median home value
$295,900
Avg household
2.03
Households w/ children
868
For the school run
Citrus County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Hernando market
$326K → $340K
Hernando median sold, yr/yr
95.0%
Sale-to-list ratio (12 mo)
47 of 104
Hernando actives have cut their price
Median sold price, Hernando, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 4% below the HERNANDO 34442 median. See the full Hernando market guide →
Paper trail
This home's history
Reality check
What actually sold near 4589 N GRASS ISLAND TERRACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$250,000
4564 N GRASS ISLAND TERRACE · same community
3 bd · 2.5 ba · 1,604 sqft · $156/sqft · 4 DOM
Sold · Feb ’26$327,500
4400 N LAKE VISTA TRAIL · same community
3 bd · 2 ba · 1,810 sqft · $181/sqft · 104 DOM
Sold · Feb ’26$310,000
4525 N GRASS ISLAND TERRACE · same community
3 bd · 2 ba · 2,152 sqft · $144/sqft · 65 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Julian Rivera
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 4589 N GRASS ISLAND TERRACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 4589 N GRASS ISLAND TERRACE — before you fall in love.
See it in person
Schedule a tour
Live availability from Julian's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
4589 N GRASS ISLAND TERRACE FAQs
What would the monthly payment be for 4589 N GRASS ISLAND TERRACE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,486/mo — principal and interest, the actual property-tax bill, the $515/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 4589 N GRASS ISLAND TERRACE?+
The association fee works out to $515 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 4589 N GRASS ISLAND TERRACE?+
The most recent tax bill on record (2025) was $3,120. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 4589 N GRASS ISLAND TERRACE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Hernando?+
At $245,000, this home is listed about 37% below the Hernando median of $389,900. The market section on this page shows how the area is trending.
Which schools are assigned to 4589 N GRASS ISLAND TERRACE?+
Hernando Elementary School (elementary), Citrus Springs Middle School (middle), Lecanto High School (high) — Citrus County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the HERNANDO 34442 market on paper
$245,000 is 4% below the HERNANDO 34442 median of $255,000, and at $157/sqft it sits under the Hernando average of $216.
02Know the monthly fee
The association fee is $515/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
03Fresh on the market
Only 1 day on market in a Hernando market that averages 48 — if it fits, move quickly.
Keep looking
Similar homes nearby
Listing courtesy of CENTURY 21 J.W.MORTON R.E. · Wayne Buhler. MLS #OM730388.
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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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