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This well-designed 12+ acre horse farm with 4 bedroom home and 5-stall barn will suit any equine discipline. A dedicated trail adjoins this parcel for miles of trail riding throughout this neighborhood of multi-million dollar farms. The excellent location, lush pastureland and level topography appealed to its carriage driving owner. The task efficient barn features direct turnouts, a 2 bay workshop with 220V power, large feed/tack/hay storage, and tall bays for trailer and equipment storage. It could easily be modified to add 5 more stalls, if needed. The block/stucco home has a long life metal roof and awaits your personal touches. It features a great room with cathedral ceiling, fully equipped kitchen, nook, formal dining, inside laundry and spacious bedrooms. For those that love to entertain, a massive family room addition features vaulted knotty pine ceilings, an entertainment wall with fireplace, built-in cabinets, wet bar, dry bar and a wall of windows overlooking beautiful pastures and a koi pond with waterfall. Paddocks have run-ins and a round pen. This community has been home to top equestrian trainers and exemplary of Ocala's famed horse country. Its excellent location offers easy access to Ocala shopping, Gainesville, I-75, the World Equestrian Center, HITS, and The Ocala Jocky Club. This farm is back on the market at its appraised value as of August, 2023.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,041,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $832,800 | $832,800 | $832,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.838% | 6.989% | 6.850% |
Monthly Tax Payment | $229 | $229 | $229 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,611 | $5,471 | $7,312 |
Total Monthly Payment | $5,965 | $5,825 | $7,666 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.