698 SE Olustee Dr, Lee, FL 32059
Property image
Property image
OFF MARKET

$498,500

Trulia Estimate
  • 3 Beds
  • 3 Baths
  • 2,663 sqft (on 199.04 acres)

698 SE Olustee Dr, Lee, FL 32059

Est. Refi. Payment $3,246/mo*
Refinance Your Home
Currently Off Market - Sold Mar 7, 2025 for $1,600,000

Home Value

Trulia Estimate
$499K
Since last month
$100 (0%)
Since last year
$0 (0%)
Since last sale
Decreased$1M (-68.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +172% in the last 10 years
MonthEstimated value
2026
August 2026$499K
July 2026$499K
June 2026$500K
May 2026$496K
April 2026$494K
March 2026$494K
February 2026$495K
January 2026$493K
2025
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.96
Single-Family Home
$380,000
03/13/26
4
2
1,895
2.52
Single-Family Home
$190,000
07/30/26
3
2
1,120
2.82
Single-Family Home
$196,000
07/29/26
4
2
1,352
3.44
Single-Family Home
$378,200
10/24/25
3
2.5
2,268
3.51
Single-Family Home
$265,000
11/26/25
3
2
1,750
3.56
Single-Family Home
$190,000
12/17/25
4
2
1,300
4.86
Single-Family Home
$330,000
02/06/26
3
2
1,340

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.59
$1,194,000
-
-
-
For Sale
0.65
$326,200
3
2.5
2,318
Off Market
0.76
$659,000
-
-
-
For Sale
0.96
$380,000
4
2
1,895
Recently Sold
1.02
$95,000
2
2
1,670
Recently Sold
1.06
-
-
-
-
Off Market
1.16
$75,000
-
-
-
Recently Sold
1.42
-
-
-
-
Off Market
1.51
$84,900
-
-
-
For Sale
1.49
$421,050
-
-
-
For Sale
1.56
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 698 SE Olustee Dr.
  • Schools2 Preschool Schools4 Elementary Schools3 Middle Schools3 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2003
Lot Size
199.04 acres
Living Area
2,663 sqft
Price/Sqft
$187
Parking
Carport
HOA
None

About this House

A residence constructed from steel, this home exemplifies luxury with no costs spared. It features three bedrooms and two and a half bathrooms, complemented by a ten-foot wrap-around porch adorned with swings at each corner. The structure boasts a metal roof supported by steel rafters, with 2x6 side walls and 2x8 walls at the front and back. The exterior is insulated to an R30 equivalent, ensuring protection against inclement weather. The property offers picturesque views of majestic oaks, open pastures, & cultivated pines. Inside, hardwood and tile flooring are prevalent, with carpeting in the bedrooms. The spacious primary bedroom includes dual closets and a gas fireplace. The expansive en-suite bathroom features a walk-in shower and a whirlpool tub. The other two bedrooms also include walk-in closets, with a Jack and Jill bathroom that has a whirlpool tub. The home boasts an impressive great room, highlighted by a floor-to-ceiling wood-burning fireplace, perfect for enjoying games or movies while preparing meals in the kitchen. The kitchen is fitted with genuine cherry wood cabinets and flooring, providing ample seating at the bar counter. A convenient half bath is located in the living area for visitors. Additionally, there is a detached garage featuring a spacious storage area equipped with electric, an outdoor bathroom with a shower. The property is fenced and cross fenced. The workshop has bay doors at each end, electric and 2 lean-to's. to much to list!!
698 SE Olustee Dr, Lee, FL 32059 is a 3 bedroom, 3 bathroom, 2,663 sqft single-family home built in 2003. It last sold for $1,600,000 on Mar 7, 2025 (11% below the $1,793,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $498,500, with a rent estimate of $2,957/month.
Last check for updates: about 7 hours ago
Listed by Tina Donaldson, (386) 623-1232
AFG TRI STATE REALTY, INC, (386) 623-1232
Source: NFMLS, MLS#108965

Home Details for 698 SE Olustee Dr

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (partial): 1
Dimensions and Layout
Living Area: 2663 Square Feet
Appliances & Utilities
Appliances: Refrigerator, Microwave, Dishwasher, Electric RangeDishwasherLaundry: Laundry Room,In GarageMicrowaveRefrigerator
Heating & Cooling
Heating: Heat Pump Air to AirHas CoolingAir Conditioning: Heat Pump Air to AirHas HeatingHeating Fuel: Heat Pump Air To Air
Fireplace & Spa
Has a Fireplace
Windows, Doors, Floors & Walls
Window: Insulated WindowsFlooring: Hardwood, Ceramic Tile
Levels, Entrance, & Accessibility
Levels: OneFloors: Hardwood, Ceramic Tile

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: Front Porch, Covered, Rear PorchFencing: Fenced, Cross FencedOther Structures: Barn(s), Shed(s), Workshop, Detached Carport Garage, Storage, Stable(s)Foundation: SlabHas a Private Pool
Parking & Garage
Has a CarportNo GarageParking: 3+ Car,Carport,Detached
Pool
Pool: In GroundPool
Frontage
Road Surface Type: Graded
Water & Sewer
Sewer: Septic Tank

Property Information

Year Built
Year Built: 2003
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Multiple Materials, Unique Special, OtherNot a New Construction
Property Information
Parcel Number: 261S101321001000

Price & Status

Price
List Price: $1,793,000

Active Status

MLS Status: Closed

Location

Direction & Address
City: Lee

Building

Building Area
Building Area: 2663 Square Feet

HOA

No HOA

Lot Information

Lot Area: 199.04 Acres

Miscellaneous

Mls Number: 108965

Price and Tax history

DateEventPrice
Mar 7, 2025
Source: NFMLS #108965
Sold
$1,600,000
Jan 28, 2025
Source: NFMLS #108965
Pending
$1,793,000
Oct 20, 2023
Source: NFMLS #108965
Listed For Sale
$1,793,000
Sep 30, 2023
Source: NFMLS #108965
ListingRemoved
Feb 6, 2023
Source: NFMLS #108965
PriceChange
$1,793,000
Price increased by 20%

Market trends in Lee

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
12
2
MoM

What Locals Say about Lee

At least 2 Trulia users voted on each feature.
  • 100 % Say parking is easy

  • 100 % Say car is needed

  • 100 % Say it's quiet

  • 100 % Say there's wildlife

  • 100 % Say kids play outside

  • 100 % Say yards are well-kept

  • 80 % Say it's dog friendly

  • 80 % Say there's holiday spirit

  • 80 % Say people would walk alone at night

  • 50 % Say neighbors are friendly

  • 50 % Say they plan to stay for at least 5 years

  • 40 % Say streets are well-lit

  • 40 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Larry Cottle
    "Family friendly, peaceful neighborhood. Beautiful country living. Close to town, gorgeous blue springs, four seasons, hunting, fishing. A home-town feeling."

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Frequently asked questions about 698 SE Olustee Dr

  • What is 698 SE Olustee Dr estimated to be worth?
    Trulia's estimated value for 698 SE Olustee Dr in Lee, FL is $498,500.
  • What is the price history for 698 SE Olustee Dr?
    698 SE Olustee Dr in Lee, FL last sold for $1,600,000 in March 2025.
  • Is Lee a buyer's or seller's market?
    Lee is currently a balanced market, based on recent for-sale activity.
  • What are the closest schools to 698 SE Olustee Dr?
    The closest schools to 698 SE Olustee Dr in Lee, FL are Lee Elementary School (Pre-K, rated 7/10), Madison County Central School (Pre-K/Elementary/Middle, rated 2/10), Madison County High School (rated 2/10).
  • Does 698 SE Olustee Dr have air conditioning?
    Yes, 698 SE Olustee Dr in Lee, FL has air conditioning.
  • Does 698 SE Olustee Dr have a pool?
    Yes, 698 SE Olustee Dr in Lee, FL has a pool.

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