Experience the legacy of renowned horseman Clyde D. Rice and his wife Jean Rice with this storied farm now offered for sale! Nestled on 185+/- acres of picturesque Central Florida countryside, this comprehensive training facility is ideal for thoroughbred operations or conversion into a multi-disciplinary facility. Spread across 4 parcels, the property features 4 barns totaling 48 stalls, including a main training barn with fly spray systems, wash racks, tack and feed storage, equipment storage, barn office, and more. Numerous paddocks and pastures are scattered throughout the property, with additional room for expansion. Take advantage of the eurocizer and two round pens already established, and set up additional arenas and training areas as needed. The ½ mile irrigated dirt track, complete with starting gate and separate well, forms the centerpiece of the property. The property boasts 4 residences, including a well-appointed 5-bedroom, 3. 5-bath main home with over 5600 sq. ft. of space. Featuring tall, wood-beamed ceilings, skylights, and stunning views, the home includes a huge gas fireplace, wet-bar area with bar-style seating, exercise room with sauna, and a sparkling in-ground saltwater pool with gas heating and additional cabana with pergola. Updated with a new roof in 2012 and professionally replaced windows in 2018, the home is move-in ready. Situated near Indian Lake State Forest and Indian Lake Prairie, the property provides ample opportunities for outdoor activities, including miles of riding and hiking trails. Enjoy the privacy and seclusion of country living while still remaining convenient to stores, restaurants, medical options, and equine service and retail providers throughout Ocala. Don't miss out on the chance to build your equestrian legacy on this amazing property with a rich history!
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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 | $3,120,000 | $3,120,000 | $3,120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $532 | $532 | $532 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $19,978 | $20,236 | $27,393 |
Total Monthly Payment | $20,635 | $20,893 | $28,050 |
* 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.