78 days on market (MLS)Single Family Residence▼ Price cut: $74,900 (10/7)
$1,325,000
3-Bedroom Pool Home in VILLAGES OF SUMTER LAKE SHORE COTTAGES
1040 Cottage Drive, The Villages, FL 32162
Single Family Residence in VILLAGES OF SUMTER LAKE SHORE COTTAGES, THE VILLAGES
VILLAGES OF SUMTER LAKE SHORE COTTAGES · The Villages, FL 32162 · Sumter County
Listing data updated October 17, 2026 at 8:48 AM ET · checked against the MLS hourly
Listed by REALTY EXECUTIVES IN THE VILLAGES (MLS) · Page maintained by Momentum Realty (EAB RE Investments LLC) · Brittany Brooks, broker of record
3Bedrooms
2.5Bathrooms
2,042Sq Ft
2004Year Built
$649Per Sq Ft
Private pool1-car garageFEMA Zone X
How to read this page: MLS listing facts carry their source; everything else is labelled as a public record, a calculation, an estimate, or something to verify. Where local data is too thin to support a number, the page says so instead of guessing.
164% above
$/sq ft vs community
$649 here vs $246 median sold (12 mo)
Buyer leverage
Buyer advantage
78 days on market
Zone X
Flood risk
Minimal hazard per FEMA; ~63 ft elevation
$4k–$10k/yr
Est. insurance · illustrative
Not a carrier quote; premiums vary widely by property. Get a real quote.
Above 12 of 12
Price vs recent sales
Asking $1.32M tops 12 of the last 12 closed sales; also one of the largest homes here at 2,042 sq ft
As of October 17, 2026, 1040 Cottage Drive in Villages Of Sumter Lake Shore Cottages, The Villages is listed at $1,325,000 (2,042 sq ft, about $649 per sq ft). That is 235% above Villages Of Sumter Lake Shore Cottages's median closed sale of $395,000 over the last 12 months (43 recorded sales). Per square foot it is above the community's recent $246/sq ft by about 164%. It has been 78 days on market, longer than the community's typical 41 days to contract. Listing facts: built in 2004, a private pool, no HOA, a CDD assessment of about $468/yr. The parcel maps to FEMA flood zone X, outside the special flood hazard area. Figures are from the MLS record and county data; deemed reliable but not guaranteed.
CDD assessment ~$468/yr
Built 2004 · 22 yrs
2,042 sq ft of living area
1-car garage
Listed at $1,325,000 — recent neighborhood median sale price ~$395,000 (nearby sales; deemed reliable, not an appraisal)
78 days on market
No HOA reported by the listing (confirm)
Listing description
About this home
BOND PAID, COMPLETELY REMODELED,Furniture optional~ over 2,300 sq. ft. 3/2 COTTAGE with SALT WATER, HEATED POOL and TRAVERTINE DECKING located in the LAKE SHORE COTTAGES right next door to LAKE SUMTER LANDING!
The homes in this Village are known for their unique architectural features with spacious screened porches found nowhere else in The Villages. Enjoy a low maintenance exterior and beautiful curb appeal with HARDIE PLANK SIDING, METAL roof and an amazing front porch with WOOD-LOOK PORCELAIN flooring, BEADBOARD ceiling, attractive RAILING, custom ceiling fans, and that’s before you even open the LEADED GLASS front door! Once inside, you’ll find NEW high end LUXURY VINYL PLANK flooring throughout the home.
All of the columns, and separate living areas were removed to create a spacious OPEN FLOOR PLAN. Large windows let in plenty of natural light, with all NEW lighting including pendant lights over the breakfast bar, and chandelier’s over the formal and casual dining areas defining each area. Some of the extras include CROWN MOLDING, & 8” baseboards throughout, !
The kitchen has GRANITE countertops and backsplash, all new high end appliances,under cabinet lighting, closet PANTRY, a FARMHOUSE sink, and a spigot at the sink with a REVERSE OSMOSIS system. The 15’x16’ guest bedroom/den and HALF BATH was added behind the LEADED GLASS French doors, with 13’ ceilings, and sliding glass doors that open out to the BEAUTIFUL SALT WATER HEATED POOL with waterfall, beautiful TRAVERTINE decking, with wrap around PRIVACY WALL on one side and an open view of the lovely garden on the other. The primary bedroom has a WALL MOUNTED TV, PLANTATION SHUTTERS, and an all NEW EN-SUITE BATH with large WALK-IN CLOSET, NEW cabinets, GRANITE countertops, CUSTOM mirrors, fixtures, and NEW walk-in shower with 2 SHOWERHEADS.
The other guest room has lovely custom valances with 2 double sliding closet doors – a full wall of closet space and a WALL MOUNTED TV! The all NEW guest bath has GRANITE countertops, NEW LIGHTED VANITY MIRROR with adjustable settings, CUSTOM shower curtain, lovely subway tile with tub/shower, and a one piece SMART AUTOMATIC TOILET. And wait until you see the spectacular 29’x10’ room that was created off the living room across the back of home that opens out to the POOL AREA.
Beautiful DIAGONAL TILE flooring, floor to ceiling “hurricane” glass picture windows, beadboard ceiling, and a MINI-SPLIT system so this delightful room is comfortably under HEAT and AIR. AND step outside from this room to a NEW elevated OPEN PATIO with railing for a great view of the flower garden, spacious backyard and beyond to the WATER VIEW. Other features include a Kinetico WATER filtration and softener whole house system, EPOXY painted garage flooring, gutters around the entire home, FRESHLY PAINTED EXTERIOR, NEWER HVAC SYSTEM to accommodate newly added sq.
footage, and TANKLESS WATER HEATER. There is not much in this spectacular home that is not NEW! SUCH A GREAT LOCATION!
This unique neighborhood also has its own community pool – a great place to see your neighbors and make new friends. And all the shopping, dining and entertainment is found at the Market Square right around the corner. COME EXPERIENCE THIS AWESOME HOME.
Don’t let this one get away! Golf Cart can be purchased separately.
Description provided by REALTY EXECUTIVES IN THE VILLAGES and reproduced from the MLS; not independently verified.
Listing courtesy of REALTY EXECUTIVES IN THE VILLAGES · Listing agent: Jana Raber · 352-753-7500Provided via the Stellar MLS Internet Data Exchange, as distributed by MLS GRID · Listings courtesy of Stellar MLS as distributed by MLS GRID · Listings courtesy of Stellar MLS as distributed by MLS GRID. · deemed reliable but not guaranteedIDX 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 by the MLS to be accurate.
Property facts & sources
Every fact, sourced
Listing data, public records, our calculations, and what to verify — each fact shown once. Estimates and calculations shown are for general information only, are not appraisals or advice, and should be independently verified.
Listing facts MLS
List price$1,325,000
Bed / bath3 / 2.5
Living area2,042 sq ft
Year built2004
Property typeSingle Family Residence
Garage1-car
PoolYes
MLS #G5115808
Listing status78 days on market (MLS)
Public records & third-party data
FEMA flood zoneZone X
Ground elevation~63 ft
CountySumter
Area listings396 active · 95 under contract
Estimated first-year tax~$15,675/yr
CDD assessment~$468/yr
HOANone reported
Calculated estimates
Price per sq ft$649
Estimated monthly payment$9,236
Insurance (illustrative)$4k–$10k/yr
Messtimate range$312,426 – $343,056
Comparable-sales median$395,000
Buyer should verify Buyer verify
Exact HOA dues, fees, and restrictionsRoof age and conditionHVAC age and conditionA property-specific insurance quoteSurvey and lot boundariesPermit historyFlood-insurance requirementsSchool zoning (confirm with the district)Property taxes after sale (homestead reset)CDD / community assessmentsSquare footage and room dimensions
Financing
Estimated monthly payment
$9,236/mo
Principal & interest $7,339/mo79%
Taxes $1,306/mo14%
Insurance $552/mo6%
CDD $39/mo0%
$9,236/mo at 20% down, 30-yr @ 7.4% · edit any field to update.
Estimate: asking price less the $50,000 homestead exemption × Sumter County rate (12.28 mills, county-average millage, 2025; verify with the property appraiser). Not a bill.
⚠️
Property taxes in Florida are reassessed after a sale, so a buyer’s first full-year bill can be higher than the seller’s. Budget from this estimate, not the current bill, before you make an offer.
Current owner’s estimated bill $11,000/yr ($917/mo) — taxable value $896,040 × 12.28 mills
$4,675 more each year
(+42%)
The current owner’s taxable value is below today’s asking price; after a sale the assessment is set from market value, so the estimated bill is higher. Exemptions and portability can reduce it.
$896,040
Market value
$896,040
Assessed
$896,040
Taxable
Certified 2025 tax roll values for this parcel (Florida DOR). The roll gives values, not the bill; the current owner’s bill above is estimated from the taxable value.
Sources: Florida DOR certified tax roll (2025), Stellar MLS; millage: Florida TaxWatch 2025 How Florida Counties Compare (county-average millage); school portion estimated at ~42% of total, capped at 6.50 mills. County public record, not MLS data — matched to this home by parcel ID. Estimates are not a tax bill; the county property appraiser and tax collector set the actual amount.
What it really costs to own 1040 Cottage Drive
The parts of the monthly number a mortgage calculator leaves out, from this listing's MLS record, the county tax roll, Citizens and FEMA. Property facts only.
Property tax
The current owner's bill is about $11,000/yr (certified county roll, taxable value × millage). Buy at the asking price of $1,325,000 and the first-year bill resets to about $15,675/yr (the parcel is matched to the certified roll; asking price less the $50,000 homestead exemption × 12.28 mills (county-average millage, estimate)); Save Our Homes caps later increases at 3%/yr.
CDD / special assessments
This listing reports $468/yr in CDD or special-district assessments on the tax bill (MLS, TaxOtherAnnualAssessmentAmount).
HOA dues
The listing states there is no HOA.
Home and flood insurance
The average Citizens Property Insurance premium in Sumter County is $1,728/yr (656 policies, Citizens detail by county, April 2026); private-market quotes differ by roof age, wind mitigation and distance to the coast. The page's modeled range for this home is $4,500–$9,500/yr; neither is a quote. Flood: this address maps to FEMA zone X, outside the high-risk zone; flood insurance is optional but most lenders and insurers recommend it. Statewide, a zone X flood policy runs about $500–$700/yr (FEMA Risk Rating 2.0 averages, not a quote).
Roof and age
Built in 2004. An original roof would be about 22 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report and ask for the roof permit date.
Estimated carrying cost at the asking price, before the mortgage: about $1,489/month (tax $1,306, CDD $39, insurance $144). An estimate from the sources above, not a quote; the monthly-cost calculator on this page adds the loan.
Estimated ownership costs
Estimated costs & disclosures
Estimated ownership costs for general information. Confirm each with the county, your lender, and an insurer. See data & estimate notes.
CDD assessment
~$468/yr
A Community Development District bond funds roads & amenities; it appears on your tax bill and is not optional.
Insurance (illustrative range)
$4k–$10k/yr
An illustrative modeled range, not based on carrier underwriting and not a quote. Florida premiums vary significantly by roof age, wind-mitigation features, claims history, and carrier — a real quote can land well outside this range. Flood insurance not federally mandated (Zone X). Get a quote from a licensed insurer before relying on any figure.
HOA
None reported
The listing reports no HOA. Confirm with the county record that no mandatory association applies.
Environmental data
Flood zone & elevation
Sourced environmental data for the parcel. Confirm with FEMA and your insurer.
FEMA flood zone
Zone X
From the FEMA National Flood Hazard Layer. In this zone lender-required flood insurance is generally not mandated; confirm for the parcel.
Ground elevation
~63 ft
Approximate parcel elevation from USGS; confirm exact elevation with a survey.
Windstorm / insurance
Obtain a quote
Premiums and coverage vary by home (roof age, wind mitigation, claims history); obtain a quote from a licensed insurer.
Hazard risk
Natural hazard risk
FEMA National Risk Index for Sumter County, FL: overall Relatively Moderate. Ratings compare this county with every county in the United States for expected annual loss from each hazard.
HurricaneRelatively High
Inland floodingRelatively Moderate
Heat waveRelatively Low
WildfireRelatively Moderate
TornadoRelatively High
LightningRelatively High
Strong windRelatively High
DroughtVery Low
HailVery Low
Cold waveRelatively Low
Source: FEMA National Risk Index (county level, hazard risk ratings only). Ratings describe the county, not this parcel; the flood zone shown above is parcel-specific. Verify insurance requirements with your lender and agent.
Connectivity
Internet & broadband
Fiber
Check availability
Address-level fiber service is not confirmed for this home. Check the FCC National Broadband Map (broadbandmap.fcc.gov) or the provider for this address.
Cable
Check availability
Cable broadband is common in Florida and Georgia towns but not confirmed for this address; verify with the provider.
Fixed wireless / satellite
Check availability
5G home internet and satellite service depend on the exact location; check coverage for this address.
Momentum Research · Sumter County
Pricing & the Sumter County market
How this home is priced against recent nearby sales, and where Sumter County has been over 25 years. Momentum Research analysis of Stellar MLS records; closed sales, deemed reliable but not guaranteed. Estimates only; see data notes.
This home’s $/sq ft vs. nearby sales
List $/sq ft against recent nearby closed sales; the community median is marked.
Price vs. size in Sumter County
Each dot is a closed sale since 2004 (571 total). This home is the gold marker.
Sale price (y) by living area in sq ft (x). Stellar MLS closed sales.
Median $/sq ft by year
Community sold $/sq ft, 2012–2026. This home lists at $649/sq ft.
Median sale price by year
12-month median closed price, 2012–2026.
Market Heat by year (0–100)
Momentum Market Heat, 2013–2026. Now 58 (normal).
Property timeline
This home’s history
2004BuiltPer public record
About Jul 2026Listed (per MLS)MLS reports 78 cumulative days on market as of October 17, 2026
Aug 4, 2026First seen on movewithmomentum.comObserved at $1,399,900
Oct 7, 2026Price cut$1,325,000 (-$74,900, -5.4%)
NowActiveCurrently for sale
Build year is from public record. The MLS list date is approximate (today minus the cumulative days on market the MLS reports, which can span relistings). Other milestones reflect movewithmomentum.com’s own observations since we began tracking this listing and are not the MLS listing history; dates and prices are deemed reliable but not guaranteed.
Transparency
Price & listing history
Listed for $1,325,000Momentum Realty · on market 78 days
Public records
Building permits
Permit history not yet linkedConfirm permit history with the county building department.
How it stacks up
Comparable recent sales
6 closed sales within about 3 miles in the last 18 months — same property type, living area within 30% of this home. Sold prices are MLS closed-sale records, deemed reliable but not guaranteed.
Sold Oct 2026
$315,000
1312 BAEZ WAY, THE VILLAGES
3 / 2 bd/ba · 2,044 sq ft · $154/sq ft
Courtesy of BHHS FLORIDA REALTY · View details →
Sold Aug 2026
$315,000
819 SUNSHOWER DRIVE, LADY LAKE
4 / 3 bd/ba · 1,988 sq ft · $158/sq ft
Courtesy of MERITAGE HOMES OF FL REALTY · View details →
Sold Oct 2026
$440,000
1195 WESTMORELAND LOOP, THE VILLAGES
3 / 2 bd/ba · 1,986 sq ft · $222/sq ft
Courtesy of WORTH CLARK REALTY · View details →
Sold Jun 2026
$353,609
736 SUNSHOWER DRIVE, LADY LAKE
4 / 2 bd/ba · 2,110 sq ft · $168/sq ft
Courtesy of OLYMPUS EXECUTIVE REALTY INC · View details →
Sold Aug 2026
$318,000
748 SUNSHOWER DRIVE, LADY LAKE
4 / 2 bd/ba · 2,110 sq ft · $151/sq ft
Courtesy of OLYMPUS EXECUTIVE REALTY INC · View details →
Sold Aug 2026
$323,000
760 SUNSHOWER DRIVE, LADY LAKE
4 / 2 bd/ba · 2,110 sq ft · $153/sq ft
Courtesy of OLYMPUS EXECUTIVE REALTY INC · View details →
Median of these 6 sales: $395,000 ($246/sq ft). Stronger local evidence. Shown for general reference only — not an appraisal or a statement of this home’s value.
The Messtimate™
The Messtimate
This is a deliberately dumb estimate — living area times a range of recent neighborhood $/sq ft, and nothing else. It is not an appraisal, not market value, and not a valuation of this home. Even a tight range from comparable sales can’t price a specific home — here’s why.
$312,426the mess$343,056
Stronger local evidence — 6 comparable closed sales within about 3 miles, closed within the last 18 months, same property type, living area within 30% of this home.
Actual list price: $1,325,000 — compare it against the range above. The Messtimate is a blind sqft estimate; the list price reflects this specific home.
A 10% spread on the same house — and that gap is exactly what an automated guess can't see:
Condition & updates — a renovated kitchen or new roof vs. dated finishes can swing value six figures; sq ft can't see it.
The lot & views — a premium golf, water, or preserve lot vs. a road-facing one: same sq ft, very different price.
Outliers skew it — the band above comes from 6 nearby sales; one flip or distressed sale moves the whole $/sq ft.
Carrying costs & concessions — this home carries a CDD assessment of about $468/yr; with insurance and any seller-paid buydown, that changes what a buyer actually pays, and a sq ft estimate ignores all of it.
The pool — a private pool carries cost and value that living area doesn't capture.
And here's what the live market is doing — which the number above ignores entirely:
This home: 78 days on market vs. a 41-day community median
562 active listings competing, 185 under contract
For reference, this home is listed at $1,325,000 ($649/sq ft). The list price is the seller's asking price and is not derived from this range.
Want a property-specific review from a licensed agent? A Momentum Realty agent will do a real, free comparative market analysis — walking the home, the lot, the condition, and the live market. That's the difference between a Messtimate and a valuation.
Methodology: 2,042 sq ft × $153–$168/sq ft (interquartile band of 6 comparable closed sales within about 3 miles, last 18 months; MLS closed-sale records). Estimate for general information only; not an appraisal, valuation, or offer. Updated October 17, 2026.
Momentum Scores
Momentum Property Score
49/100
Strongest on: Flood safety (95), Insurance cost (72)
0 limited50100 exceptional
49/100 is below average across the objective indicators below. It reflects only those measures — not the home’s quality, condition, or desirability.
A 0-100 score built from objective property and market data: flood risk, insurance, pricing, supply, affordability, and recent sales. Higher means more measures line up in a buyer’s favor. It reflects only the factors below.
Price vs area0
This home $649/sq ft vs the community 12-month median $246/sq ft.
Affordability0
List price $1,325,000 vs the community median $395,000. Not a measure of personal affordability.
Flood safety95
FEMA Zone X, ~63 ft elevation. Verify the parcel with FEMA.
Insurance cost72
From FEMA Zone X and a 2004 build. Obtain a property-specific quote.
Market liquidity67
Community median 41 days on market (12-month record).
Pricing power67
Recent sales closed at about 94.6% of original asking (~5.4% below). More room below asking generally favors buyers.
Market timing42
Momentum Market Heat is 58/100 (normal). Cooler readings generally favor buyers; hotter readings favor sellers.
Coverage: 7 of 8 indicators had valid data for this home; indicators without data are left out, not scored as zero. Momentum Scores are objective, rules-based indicators computed from listing facts, public records, and recent comparable sales. They do not measure property condition, quality, or investment suitability, and they are not appraisals, valuations, investment advice, or judgments about a neighborhood or who should live there. Verify independently.
Momentum Research
The Momentum read
🟡 Asking $649 per square foot, about 164% above the community’s $246 median. Sumter County’s 12-month median sold price per square foot is $246. Median sold price per square foot is down 1.1% year over year. Confidence: Very High · 43 closed sales in 12 monthsMLS facts: Stellar MLS closed sales. A per-square-foot gap is context, not an appraisal; condition, lot, and view set the final number here.
56% of homes in Sumter County are owner-occupied. An estimated 44% are non-owner-occupied, including 7% held in a company or trust and 12% out-of-state owners.Why it matters: a high owner-occupied share typically means fewer rentals nearby and steadier resale demand.Source: Florida Department of Revenue 2025 assessment roll (public records), 3130 homes matched. Community-level context.
Recent Sumter County sales closed near 94.6% of original asking.Why it matters: the community’s own record shows how far opening prices typically move, and how often buyers compete without financing.Momentum Research analysis of Stellar MLS records, community-level, 12 months ending September 20, 2026. Aggregates only; deemed reliable but not guaranteed.
What’s unique here: one of only 396 active listings in Sumter County.
Updated October 17, 2026 · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
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Listed by REALTY EXECUTIVES IN THE VILLAGES · MLS # G5115808
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Keep looking
Similar homes for sale near VILLAGES OF SUMTER LAKE SHORE COTTAGES
Active listings nearby at a comparable size and price. Listings held by brokerages other than Momentum Realty are marked with the listing broker. Deemed reliable but not guaranteed.
Recent local developments near this home, compiled from news and public sources. Provided for general information; verify details with the original source.
May 2026 · Development
Ocala approves large mixed-use development with up to 2,700 residences in southwest Ocala
The Ocala City Council approved a mixed-use development on about 251 acres along Southwest 43rd Court in southwest Ocala, clearing the way for up to roughly 2,700 residential units along with nearly one million square feet of commercial, office, and retail space.
Why it matters: A mixed-use community of this scale adds substantial future housing and commercial space to southwest Ocala, the kind of growth that can shape demand and pricing for nearby communities. The site is about 10 miles north of Zz Stellar Sumter Unassigned.
New Publix-anchored shopping center planned in Marion Oaks
A Publix-anchored shopping center is planned at Southwest Highway 484 and Southwest 49th Court Road in the Marion Oaks area south of Ocala, adding grocery and retail to a fast-growing part of Marion County.
Why it matters: A new grocery-anchored center adds everyday retail to the Marion Oaks area, the kind of amenity that shapes convenience and demand for nearby communities. The site is about 4 miles north of Zz Stellar Sumter Unassigned.
Schools currently assigned to this address in Sumter County, provided as neutral factual data. Assignments can change — confirm current zoning with the school district. This is not a statement about the home's suitability for any person or family.
School zoningThis address is in the Sumter County School District. Specific elementary, middle, and high-school assignments vary by street and can change. Confirm current zoning with the district before relying on it.
Amenities and HOA/CDD detail on the neighborhood guide.
Before you decide
Buyer research checklist
Items worth confirming for 1040 Cottage Drive, chosen from what the record shows. This is general guidance, not advice about this specific property.
Built in 2004 (22 years): ask for the roof and HVAC replacement dates — insurers commonly ask for roof age on homes this old, and it changes the premium.
The listing reports no HOA: confirm with the county record that no deed restrictions or mandatory association apply to this parcel.
A CDD assessment of about $468/yr is on record: confirm the bond balance and remaining term with the district; it appears on the tax bill.
FEMA flood zone X: flood insurance is not usually required, but get a quote anyway — FEMA reports roughly one in four flood claims come from outside high-risk zones.
Get a homeowners insurance quote for this specific address in Sumter County; a wind-mitigation inspection and, on older homes, a four-point inspection can change the premium.
Private pool: confirm the barrier or alarm meets the state residential pool safety code and ask for pump, heater, and resurfacing records.
Listed living area is 2,042 sq ft: verify it against the property appraiser's record and measure before relying on it.
Order a survey to confirm lot boundaries and easements.
Review permit history with the county.
Property taxes: the estimate on this page (about $15,675/yr) assumes reassessment at the list price less the homestead exemption. Estimated buyer taxes are about $4,675 more per year than the current owner’s estimated bill (+42%). Exemptions and portability change the actual bill — confirm with the county property appraiser.
Confirm school zoning directly with the district.
Provenance
Data sources & freshness
Listing record
Stellar MLS, checked against the MLS hourly (last: October 17, 2026)
Comparable sales
Stellar MLS closed sales within about 3 miles, last 18 months, as of September 20, 2026
Flood zone & elevation
FEMA flood maps + USGS elevation (Zone X shown above)
Taxes & monthly cost
Certified county tax roll (parcel-matched) × county millage; an estimate, not a bill
Insurance figure
Modeled estimate; obtain a real quote before offering
Schools
2025-26 district assignments; verify with the district
Momentum Research lines are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Estimates are informational, not appraisals or advice. Methodology: how Momentum scores are computed.
Answered before you ask
Frequently asked questions
How big is 1040 Cottage Drive and when was it built?
Per the listing record, 1040 Cottage Drive was built in 2004 and has 2,042 sq ft of living area, 3 bedrooms and 2.5 bathrooms. Living area and lot size come from the MLS record and should be verified against the county property appraiser.
What community is 1040 Cottage Drive in?
1040 Cottage Drive is in Villages Of Sumter Lake Shore Cottages in The Villages, Sumter County. The comparable-sales section on this page shows recent closed sales nearby from the same MLS data.
Does 1040 Cottage Drive have an HOA?
The listing reports no HOA. Confirm with the county record that no deed restrictions or mandatory association apply to the parcel.
What is a CDD fee?
A Community Development District fee funds a community's roads, amenities, and infrastructure through a bond and appears on the annual tax bill. This parcel shows a CDD assessment of about $468 per year; confirm the exact figure with the county.
Why might property taxes on 1040 Cottage Drive differ from the current owner's?
The estimate on this page (about $15,675 per year) assumes reassessment at the list price less the homestead exemption. Estimated buyer taxes are about $4,675 more per year than the current owner’s estimated bill (+42%). Florida reassesses a home after it sells; for a homesteaded seller the Save Our Homes cap on their assessment does not transfer, and a buyer's own exemptions and portability are applied separately, so the two bills usually differ. Any tax figure shown here is an estimate, not the actual bill — confirm with the county property appraiser and tax collector.
Are short-term rentals allowed at 1040 Cottage Drive?
Many communities restrict short-term rentals, and city/county rules also apply. Confirm the current HOA/CDD rules and local ordinances directly before assuming any rental use.
Is 1040 Cottage Drive in a flood zone?
The FEMA flood map places this parcel in Zone X, outside the special flood hazard area, so flood insurance is not usually required by a lender. It is still available and worth quoting; confirm the parcel's status with FEMA and your insurer.
Can I rely on the figures on this page?
No. Estimated taxes, insurance, payments, and any market or comparable-sales summary are opinions and estimates for general information only and should not be relied upon. Verify all information independently before making any decision.
Ready when you are
See 1040 COTTAGE DRIVE in person
Private tours available 7 days a week, in person or by live video walkthrough. Request a tour or send a question and a licensed Momentum Realty agent will follow up.
Opinion & estimate — do not rely on this page. Any figure on this page that is not a verbatim fact from the listing or a public record — including estimated property taxes, insurance, CDD/HOA amounts, mortgage payments, comparable-sales summaries, and market statistics — is an opinion and estimate provided for general informational purposes only. These figures may be inaccurate or out of date, are not appraisals, valuations, or financial, legal, tax, or investment advice, and should not be relied upon. Do not make any purchase, offer, financing, or other decision based on this page. Independently verify everything — price, square footage, lot size, year built, taxes, CDD/HOA, flood status, school assignments, permits, and community rules — with the listing broker, the county, your lender, a licensed inspector, an insurer, and your own advisors before acting.
Estimate methodology. Tax estimates apply county millage to the list price (less the homestead exemption where the parcel is matched to the certified roll) and will differ from the actual assessed bill. Cost and market figures are derived from available data and simple calculations, not a professional appraisal. We make no representation that any estimate reflects fair market value.
Equal Housing Opportunity. Content on this page is compiled from public records, MLS data, and automated sources and may contain errors or be out of date. It is general information only, not a representation about any specific property, community, builder, or association. Verify information independently before relying on it. Momentum Realty supports the Fair Housing Act and does not discriminate on the basis of race, color, religion, sex, handicap, familial status, national origin, sexual orientation, or gender identity. Information about schools, distances, and amenities is provided as neutral factual data to help you research the property and is not a statement about who should or should not live here or the suitability of the home or neighborhood for any person or group. School data may change — confirm current assignments with the school district.
Found an error? If you are the owner, listing agent, or a party to this property and believe any information is inaccurate, email and we will review and correct or remove it promptly.
Automated content. Some summaries, distances, and estimates on this page are generated automatically from public and proprietary data sources and may contain errors or omissions. We strive for accuracy but cannot guarantee the completeness or accuracy of any information. Verify anything important independently.
No warranty; measurements & photos. No guarantee, warranty, or representation of any kind is made regarding the completeness or accuracy of any information, descriptions, or measurements on this page — including square-footage measurements and property condition — all of which should be independently verified through appropriate means, including in-person inspection and public records. Photographs may be virtually staged or digitally enhanced and may not reflect actual property conditions. Momentum Realty and its agents expressly disclaim any liability in connection with the information provided.
MLS / IDX. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Stellar MLS Internet Data Exchange, as distributed by MLS GRID. Real estate listings held by brokerage firms other than Momentum Realty are marked with the listing broker's name and include the name of the listing agent. Data provided is deemed reliable but is not guaranteed by the MLS to be accurate. 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. Source: Stellar MLS, as distributed by MLS GRID. Listings courtesy of Stellar MLS as distributed by MLS GRID. All rights reserved.
Sold price and details are from public records and the MLS, deemed reliable but not guaranteed. Shown for comparison only — not an appraisal or a statement of this home's value.
