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8505 NW 118th TERRACE, Ocala, FL, 34482 | $945,000
Discover your dream country retreat/mini-farm with this charming 3. 18-acre farm in the heart of NW Ocala! Perfectly situated close to the World Equestrian Center, HITS, and a variety of shopping and dining options, this property offers both convenience and tranquility.
The beautifully maintained home features 3 spacious bedrooms and 2. 5 baths, ideal for comfortable living. 2017 new metal roof, interior remodel and expansion, 25 KW house generator, newer appliances - there are too many updates and upgrades to list here. Please review the property flyer attached for details. Equestrian enthusiasts will appreciate the well-equipped 3-stall barn with tack/feed room, ready to accommodate your horses and gear. 3 large fenced and cross-fenced pastures. Fenced back yard for your pets. Embrace the best of rural living with easy access to top-notch equestrian facilities and all the amenities you need. Located on a paved cul-de-sac in the desirable NW equine community of Timberlake with community riding trails. House sits back off the road with a winding drive lined by oaks leading up to a newer paver circular drive. Beautiful oaks and hickory trees throughout the property. Have morning coffee or evening wine or cocktails on the upper rear deck looking out at the back pasture and barn or watch the wonderful variety of birds from the front patio. X Flood Zone. For the equestrian or someone that enjoys a little space, this is one of the best locations in NW Ocala. Minutes from HITS and 8 miles to World Equestrian Center; 7-8 miles to grocery & restaurants; 3 feed/hay stores within a couple miles and approx 11 miles to Interstate 75. Drive NW about 12 miles to Williston for even more stores and restaurants. CenturyLink landline and DSL internet. Starlink and other satellite internet services available, plus Verizon Home Internet. Don’t miss this unique opportunity to own a slice of Ocala paradise!
Features
- Rooms: 3
- Bedrooms: 3
- Baths: 2 full / 1 half
- Lot Size: 224 x 619
- Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
- Style: Cape Cod
- Year Built: 1986
- Garage: 2-car Circular Driveway, Garage Door Opener, Garage Faces Side
- Heating: Electric, Heat Pump, Zoned
- Cooling: Central Air, Mini-Split Unit(s)
- Approx Sq. Feet: 2,977
- Acreage: 3.18
- Lot Size: 224 x 619
- Est. Taxes: $3,980
- Lot Desc: Cul-De-Sac, Farm, Street Dead-End, Zoned for Horses
- View: Trees/Woods
- Elem. School: Fessenden Elementary School
- Middle School: Liberty Middle School
- High School: West Port High School
- Pet Policy: Cats OK, Dogs OK
- Appliances: Convection Oven, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator, Water Filtration System, Water Softener
- MLS#: OM683394
- Days on Market: 17 days
- Website: https://www.raveis.com
/prop/OM683394/8505nw118thterrace_ocala_fl?source=qrflyer
Listing courtesy of THE KESWICK GROUP LLC Phone: 352-671-1989
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
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
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
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
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
8505 NW 118th TERRACE, Ocala, FL, 34482
$945,000
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 |
|
|---|---|---|---|
| Loan Amount | $756,000 | $756,000 | $756,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.443% | 6.258% | 6.201% |
| Monthly Tax Payment | $332 | $332 | $332 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,594 | $4,594 | $6,380 |
| Total Monthly Payment | $5,018 | $5,018 | $6,804 |
* 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