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$650,000

5350 FELKER DRIVE, WEEKI WACHEE, FL 34607

3D Tour
Active2 days on market

Beds

2

Baths

1

Sq Ft

1,160 sq ft

Year Built

1993

Lot Size

0.23 acres

Garage

1

About This Property

Homes on Oakley Island rarely come to market, making this well-kept 2-bedroom, 1-bath silt waterfront home a special opportunity to own a piece of this tucked-away riverfront community. Set directly on the Mud River, the home offers a peaceful connection to nature with water views, mature native palms, and the unmistakable feeling of being somewhere truly removed from the ordinary. The single owner home is comfortable and lovingly maintained, with beautiful wood floors and a layout ready to enjoy now. The screened back porch is the true heart of the home—a wonderful place to linger over coffee, unwind at the end of the day, or simply take in the ever-changing views of the river and surrounding natural landscape. Waterfront living continues outside, with a concrete seawall, private 16' x 5' dock, and the unique advantage of the river along the rear of the property and a canal bordering the side. Whether you're launching a kayak, fishing, watching wildlife, or simply enjoying the quiet rhythm of the water, the setting is what makes this property extraordinary. Oakley Island is governed by an HOA that does not allow short-term rentals, helping preserve the quiet, residential character of the community. Here, the appeal isn't about turning a property into an investment—it's about owning a home in a special place and enjoying the privacy, nature, and waterfront lifestyle that make Oakley Island so desirable. Call today to schedule a private showing!

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #W7888686
StatusActive
Year Built1993
Stories1
Total Rooms4
ConstructionWood Frame
RoofShingle
FoundationStilt/On Piling
FacesSouth
SubdivisionOAKLEYS MUD RIVER SUB UNREC
CountyHernando
OwnershipFee Simple
FurnishedNegotiable

Interior Features

InteriorBuilt-in Features, Ceiling Fan(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan
FlooringTile, Hardwood
AppliancesDishwasher, Microwave, Range, Refrigerator
LaundryIn Garage
WindowsShutters
CoolingCentral Air
HeatingCentral, Electric

Exterior & Lot

ExteriorFrench Doors, Lighting
Lot Size0.23 acres (9,975 sq ft)
Lot FeaturesCorner Lot, FloodZone, Landscaped, Level, Oversized Lot
Road SurfaceDirt, Other
ViewTrees/Woods, Water
0

Waterfront

WaterfrontYes
FeaturesRiver Front

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesElectricity Connected, Sewer Connected, Water Connected

Parking

GarageYes (1 spaces)
CarportYes

HOA & Community

HOAYes
HOA Fee$250 / Annually
Senior CommunityNo

Financial Details

List Price$650,000
Annual Taxes$1,012 (2025)
FinancingCash, Conventional, VA Loan
ZoningPDP
Parcel #R2922217280500000115

Schools

ElementaryWestside Elementary-HN
MiddleFox Chapel Middle School
HighWeeki Wachee High School

Directions

from shoal line Blvd, turn onto Cofer Rd, left on Felker, home on right

Location

5350 FELKER DRIVE, WEEKI WACHEE, FL 34607

Listing Information

OfficeFLORIDA CRACKER PROPERTIES
ListedAugust 19, 2026

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Home Price

$650,000

20% ($130,000)
6.75%

Loan Term

Principal & Interest$3,373
Property Tax (est.)$596
Insurance (est.)$150
Total Monthly$4,119
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $650,000 home in WEEKI WACHEE.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$32,500 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Hernando County SHIP

Varies

Income-qualifying Hernando residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. 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 last updated: August 21, 2026.

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