$875,000

5311 NW 98th Ter Gainesville, FL 32653

$10,000
Closing credit¹
3 beds
2 full, 1 partial
2,342 sqft
2.0 acres
$374 / sqft
House

Property details

About 5311 NW 98th Ter

With its unparalleled architectural beauty, breath-taking panoramic views, and seamless blend of luxury and nature, 5311 NW 98th Terrace isn’t just a home—it's a private retreat offering the ultimate Florida lifestyle. Want to know more?! 1. ARCHITECTURAL DESIGN: This post-modern, multi-level home was inspired by Frank Lloyd Wright's designs and designed by Tom Tonnelier, a famous architect in Gainesville, offering a "treehouse" aesthetic with extensive use of natural materials and seamless integration into its wooded setting. Its unique design emphasizes light, space and connection to nature offering a luxurious and unique living experience. 2. EXCLUSIVE AMENITIES: The property boasts a heated 40-foot lap pool within a multi-story screened enclosure. Situated on nearly two acres of wooded land, an abundance of large windows and natural light, high ceilings, multiple decks and balconies, ensures that the property provides stunning lake views and an immersive connection to nature. 3. SPACIOUS LUXURIOUS LIVING: With over 2,300 square feet of living space spread across 4 levels, excluding the 400 square foot main screened deck area and double car garage, the home includes a sunken lounge, open-concept living and dining areas, and a top-floor observatory. The primary suite features a spa-like ensuite bathroom with a freestanding tub and a two-story rain shower and takes up the entire 3rd floor. While the music room, guest bedrooms and guest bathroom, a occupy the 1st floor. 4. MODERN CONVENIENCES: The home is fully outfitted with modern conveniences, including a built-in elevator. It boasts high-end appliances, luxury flooring, and a stunning showcase spiral staircase spanning all four floors. Additional features include granite countertops and custom wood cabinetry. 5. FURNISHED: The home is being sold fully furnished less items which are personal to the seller. 6. FLOOD ZONE X: Unlike many Florida properties, this home is situated in a Flood Zone X, providing peace of mind for buyers concerned about climate risks. 7. LOCATION: An upscale, highly sought-after neighborhood, located just 19 minutes from the University of Florida and 23 minutes from Gainesville Airport; other nearby amenities include Devil’s Millhopper Geological State Park and San Felasco Hammock Preserve State Park, Hunter's Crossing shopping center, UF Health Shands Hospital and more, offering a balanced lifestyle, offering both tranquility and accessibility to urban conveniences.

Highlights

Home typeSingle Family Residence
HeatingCentral, Heat Pump, Other
StatusActive
CoolingCentral Air, Zoned
Size2,342 sqft
Lot size2 Acres
Year built1993
MLS #O6256607
Attached garage2 spaces
WaterfrontLake Front, Pond
Private poolYes

Virtual tour

Summary

  • MLS Number: O6256607
  • MLS Name: MFRMLS
  • Office Name: BEYCOME OF FLORIDA LLC
  • Office Phone: (804) 656-5007
  • Listing Agent: Steven Koleno

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 1:20:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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back of property featuring stairs, a garage, dirt driveway, and a sunroom

$875,000

5311 NW 98th Ter

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
May 19, 2021
Home Sold
$500,000
Jun 22, 2001
Home Sold
$230,000

Tax history

YearAssessmentProperty Tax
2023$247,436$4,950
2022$240,229$4,772
2021$281,752$4,772
2019$271,615$5,453
2018$266,550$5,286
2017$261,070$5,396

History based on county public records data.

Nearby schools

6

Meadowbrook Elementary School

Public District KG-5

1.5 mi

11525 NW 39th Ave

7

Hidden Oak Elementary School

Public District KG-5

2.3 mi

2100 Fort Clarke Blvd

6

William S. Talbot Elementary School

Public District KG-5

3.5 mi

5701 NW 43rd St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $180,000. The majority of Gainesville, FL residents have income $200k+ annually. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

13%
<35k
10%
35k-100k
31%
100k-200k
46%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

19%
Single, No Kids
5%
Single, with Kids
61%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
6%
12-17 yrs old
11%
18-34 yrs old
51%
35-64 yrs old
24%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • PGA/LPGAPGA/LPGA
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • BJs Wholesale ClubBJs Wholesale Club
  • Stein MartStein Mart
  • KmartKmart

Where do the neighbors go to eat?

  • PaneraPanera
  • Cracker BarrelCracker Barrel
  • Bob EvansBob Evans

What do the neighbors drive?

  • InfinitiInfiniti
  • LexusLexus
  • LincolnLincoln

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • OldiesOldies
  • News/Talk/InformationNews/Talk/Information
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5311 NW 98th Ter

This home is located at 5311 NW 98th Ter in Gainesville, FL and zip code 32653 in the Northwest Gainesville neighborhood. This 2,342 square foot home, which was built in 1993, sits on a 2.00 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $875,000.

While more than 17 listings in Gainesville, FL in February 2025 were sold above asking price, there were more than 30 listings sold at asking price, and more than 84 were sold below. The number of listings in Gainesville, FL increased by 11.2% between January and February 2025. In February 2025, listings were on the market for 80 days. During the same period, the median list price in this real estate market was $316,141.

From Rocket Homes Real Estate and based on county public records data.

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