21451 US HIGHWAY 98
About This Property
A True Country Retreat with Endless Possibilities!
Welcome to your dream estate! Nestled on 22.98 acres of serene countryside, this extraordinary property offers the ultimate in privacy, peace, and potential. Enter through a distinguished brick and wrought-iron gated entrance and travel along 800 feet of paved driveway, enhanced by an additional 200-foot circular drive lit by a charming street lamp-guiding you home beneath a canopy of majestic oaks.
At the heart of the estate lies a handsome A-frame ranch-style home featuring classic cedar lap siding and a well-thought-out split-level design for privacy and comfort. The home sits on 8 cleared acres and showcases tranquil views of nature and a stocked pond. Inside, you'll find 3 bedrooms, 2 bathrooms, a spacious loft, and two cozy brick wood-burning fireplaces-one in the living room with soaring vaulted ceilings and yellow pine paneling, and one in the private master suite.
The inviting foyer welcomes you with striking Pecky Cypress walls, while the kitchen features a breakfast nook, gas range, electric oven, and easy-to-maintain Formica counters. The master bedroom includes its own entrance, fireplace, French doors to the backyard, a private bath, and stacked washer/dryer. The second bedroom offers another washer/dryer hookup, and the third bedroom opens to the outdoors via sliding glass doors leading to a 16' x 40' screened wood deck-perfect for enjoying the sounds of your very own wildlife sanctuary.
This stunning estate is home to wild turkeys, black-bellied whistling ducks, deer, and even the occasional bobcat family. The pond is stocked with tilapia for your private fishing pleasure.
But that's not all-this property offers impressive outbuildings to support your hobbies, guests, or business ventures:
• A 20' x 24' detached 2-car garage/workshop with washer/dryer hookup and water heater.
• A 30' x 30' two-story garage built in 2000, complete with an upstairs studio apartment, full bathroom, Berber carpet, built-in desk, generous closet space, and generator transfer switch-ideal for a guest house, gym, home theater, art studio, or office.
• A massive 30' x 60' barn on approximately 3 cleared acres with tack and dry rooms, perfect for livestock, horses, or a thriving garden.
The land features a mix of wood and chain-link fencing, with 250 feet of frontage along Highway 98, and even a variety of landscaping that includes Florida Muscadine grapes. The northern boundary adjoins Peterson Park near the Withlacoochee River, perfect for kayaking, canoeing, and fishing.
Additional Features:
• Main home A/C (approx. 2018)
• Garage A/C (approx. 2019)
• Roof (approx. 10–12 years old)
This is country living at its finest-a rare opportunity to own a sprawling, versatile estate with room to live, grow, and thrive.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 1, 2026 | Sold | ||
| Sold | |||
| Jun 8, 2026 | In contract | - | |
| In contract | |||
| May 18, 2026 | Price Decreased |
$1,100,000
↓ $70K
(6%) | |
| Price Decreased | |||
| Apr 27, 2026 | Price Decreased |
$1,169,999
↓ $10K
(0.9%) | |
| Price Decreased | |||
| Apr 13, 2026 | Price Decreased |
$1,179,999
↓ $10K
(0.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017