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27500 SE Highway 42, Umatilla, FL, 32784 | $1,000,000
Welcome to Lantern Hill Farm, a 10. 97-acre equestrian estate in Umatilla, ideally situated across from the 100 mile White Trail in the renowned Ocala National Forest. This prime fully-fenced property is high and dry (in Flood Zone X) and features a custom home, oversized 3 car garage, 1 bedroom apartment, 6-stall barn, arena, metal workshop, and 8 fenced paddocks, providing everything needed for horse enthusiasts. All buildings come with metal roofs. The elegant 2 story 4-bed, 2. 5-bath residence boasts a gourmet kitchen, spacious living areas, and a downstairs master suite, all with panoramic views of the lush pastures from the covered wrap-around porch. The home comes with solar panels that generally provide credits and a 2017 HVAC. A breezeway connects the main house to the 3 car garage that includes a full bath and second laundry. Take the stairs above the garage to find a spacious 898 sq ft 1-bed apartment with full kitchen and bath, and dedicated 2018 HVAC. Walk through the shade trees and past the fenced arena to the 6-stall barn complete with center aisle, overhang and cross aisle. There’s ample storage with both a feed/tack room and an office with a full bath. All your farm equipment and toys can be kept safely in the enclosed 32x32 metal workshop with 2 rolling doors, electricity and sink. An additional lean-to off the side allows for hay storage or a boat/camper. On the other side is a RV pad and 220 hook up and separate septic system. This property feels very private in its park-like setting with no neighbors in sight. Located 17. 5 miles from downtown Mount Dora and 50 miles from the World Equestrian Center in Ocala. 60 miles to Orlando Intl Airport. The estate offers potential income opportunities with the apartment, stalls/pastures, and RV hookup. This farm provides the ideal blend of luxury, functionality, and natural beauty, making it a unique opportunity for those seeking a tranquil, equestrian lifestyle. Contact us today to schedule a private tour and experience this exceptional property firsthand.
Features
- Rooms: 9
- Bedrooms: 5
- Baths: 5 full / 1 half
- Laundry: Electric Dryer Hookup, In Garage, Laundry Room, Washer Hookup
- Style: Custom
- Year Built: 2001
- Garage: 3-car Bath In Garage, Boat, Covered, Driveway, Garage Door Opener, Golf Cart Parking, Ground Level, Guest, Off Street, Other, Oversized, Parking Pad, RV Parking, Workshop in Garage
- Heating: Heat Pump
- Cooling: Central Air
- Approx Sq. Feet: 3,335
- Acreage: 10.97
- Est. Taxes: $651
- Lot Desc: Cleared, Farm, Flag Lot, Landscaped, Level, Pasture, Private, Zoned for Horses
- View: Garden, Trees/Woods
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- MLS#: OM681670
- Days on Market: 125 days
- Website: https://www.raveis.com
/eprop/OM681670/27500sehighway42_umatilla_fl?source=qrflyer
Listing courtesy of LPT Realty Phone: 877-366-2213
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
27500 SE Highway 42, Umatilla, FL, 32784
$1,000,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $800,000 | $800,000 | $800,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
| Monthly Tax Payment | $54 | $54 | $54 |
| H/O Insurance Payment | TBD | TBD | TBD |
| Initial Principal & Interest Pmt | $5,122 | $5,122 | $7,024 |
| Total Monthly Payment | $5,268 | $5,176 | $7,078 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388