7137 S Magnolia Avenue, Ocala Fl 34476 - MLS# OM694146

Residential Property - Farm in Ocala

Listing Price: $1,300,000Days on Market: 89

Description of Property

This elegant estate sits on just around 8 acres of bliss, nestled amidst other thriving farms! Located off 475 minutes to Florida Horse Park, Nearby Riding Trails and Minutes to Downtown Ocala for restaurants, medical and shopping options and the world-renowned World Equestrian Center can be reached in less than 20 minutes! The cape cod style home is an immediate eye-catcher and fully customized. Welcoming you in, the main home offers a total of 5-bedrooms and 3-baths with 3423 living sq.ft. of space. The interiors showcase abundant natural light, soaring cathedral ceilings, and stunning views of the outdoors throughout the home. A recently updated kitchen with quartz counters, new appliances, Roof 2023. Home features a gas fireplace in the living room, formal dining area, a separate sitting room to use as a flex space how you see fit, eat in kitchen - amazing porches to enjoy the views throughout. Outdoors is completely fenced with a 2-stall barn, tack room, feed area, storage, and/or workshop. Each corner of this exquisite abode is designed to provide comfort, style, and a tranquil escape from the outside world. Experience the ultimate blend of serenity, luxury, and natural beauty. Make this exceptional property your own and live a life of tranquility and indulgence. This home must close along with 7141 S Magnolia (sister property) next door. (Full listing at OM683327) But can accomodate separate purchasers.The average asking price for a 5 bedroom/3 bath farm in this Zip code is $2,081,667. This farm is listed at about 62% of the average asking price. There are 2 5 bedroom/3 bath homes between $1,000,000 and $1,600,000 currently listed for sale in this Zip code.

Property Details At A Glance

Virtual Tour

Property Type: Residential
Property Use or Sub Type: Farm
City: Ocala
County: Marion
Subdivision: Ag Non Sub
Bedrooms: 5
Bathrooms: 3
Half Baths: 1
Sq. Ft. Gross: 4,809
Sq. Ft. Living Area: 3,423
Cost per (heated) sqare foot: $380
Year built: 2000
Annual Tax: $3,864

Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.

Interior Features:

Cathedral Ceiling(s)
Ceiling Fan(s)
Crown Molding
High Ceilings
Primary Bedroom Main Floor
Solid Wood Cabinets
Split Bedroom
Stone Counters
Thermostat
Vaulted Ceiling(s)
Walk-In Closet(s)
Window Treatments

Appliances:

Built-In Oven
Convection Oven
Cooktop
Dishwasher
Dryer
Range
Range Hood
Refrigerator
Washer

Accessibility Features:

Fireplace: Yes
Fireplace Features: Family Room, Gas
Window Features: Window Treatments

Additional Rooms:

Den/Library/Office
Family Room
Formal Dining Room Separate
Formal Living Room Separate
Inside Utility
Interior In-Law Suite w/Private Entry

Ceiling Type:

Flooring:

Carpet
Linoleum
Tile
Hardwood

Laundry Features: Inside

Pool & Waterfront Info

Private Pool: Not specified
Pool Features:
Spa Features:
Water Frontage:
Water Access: Not specified
Water Access Type:
Water View:

Water Extras:

Exterior & Construction

Architectural Style: Cape Cod
Construction: Block, Vinyl Siding
Foundation: Slab
Roof: Shingle

Exterior Features:

Dog Run
Irrigation System
Lighting
Private Mailbox
Sliding Doors
Storage

Garage: Yes
Garage Spaces: 2

Parking Features:

Driveway
Garage Door Opener
Garage Faces Rear

Floors Total: 2
Floors in Unit: Two
Cooling: Central Air
Heating & Fuel: Central
Electric:

Patio & Porch Features:

Front Porch
Rear Porch
Screened

Security Features: Smoke Detector(s)
Other Structures: Barn(s), Workshop
View: Park/Greenbelt

Fencing:

Board
Fenced
Wood

Utilities:

Cable Connected
Electricity Connected
Propane
Sewer Connected
Water Connected

Sewer: Septic Tank
Water Source: Well
Community Features:
Association Amenities:

Lot Information

Lot Features:

Cleared
Farm
In County
Landscaped
Level
Near Golf Course
Pasture
Zoned for Horses

Lot Size (acres): 8.01
Lot Size (sq. ft.): 348,916 square feet
Road Frontage: Street Paved
Front Exposure: West
Adjoining Property:
Current Adjacent Use:

Legal Description & Other Information

Financing Available: Cash, Conventional
Parcel Number: 3634200601
Zoning: A1
Tax Legal Desc.: SEC 08 TWP 16 RGE 22 COM AT THE NE COR OF S 1/2 OF NW 1/4 TH S 01-40-23 E 1328.14 FT TH CONT S 01-40-23 E 12.41 FT TH S 88-30-22 W 660.51 FT TO THE POB TH S 88-30-22 W 582.41 FT TH N 01-55-11 W 17.40 FT N 01-55-11 W 662.6 FT TH S 88-40-04 W 1421.88 F T TH N 01-39-02 W 20 FT TH N 88-40-04 E 2004.21 FT TH S 01-55-11 E 698.36 FT TO THE POB EXC COM AT THE NE COR OF S 1/2 OF NW 1/4 TH S 01-40-23 E 1328.14 FT TH CONT S 01-40-23 E 12.41 FT TH S 88-30-22 W 660.51 FT TH N 01-55-11 W 245.36 FT TO THE POB T H S 88-04-49 W 250 FT TH N 01-55-11 W 175 FT TH N 88-04-49 E 250 TH S 01-55-11 E 175 FT TO THE POB & EXC COM AT THE NE COR OF S 1/2 OF NW 1/4 TH S 01-40-23 E 1328.14 FT TH CONT S 01-40-23 E 12.41 FT TH S 88-30-22 W 886.51 FT TO THE POB TH CONT S
Section: 8
Range: 22E

Map

Listing courtesy of GOLDEN OCALA REAL ESTATE INC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.