5198 SW 140th AVENUE, Ocala, FL, 34481 | $1,750,000

Embrace the Equestrian lifestyle that Ocala, FL is so well known for on this immaculate 21. 87 acre, tree studded estate! A 1/2 mile, private, paved and gated drive leads to this beautiful farm located less than 10 minutes to The World Equestrian Center, a short drive to HITS Ocala and top golf clubs such as Golden Ocala and Juliette Falls. The owners have lovingly updated this 2200+ sq. ft. , 3 bed, 2 bath + Den home with a full remodel of kitchen, bathrooms and flooring, creating a seamless flow from kitchen to living space. Enjoy the climate controlled lanai with floor to ceiling windows and enjoy sunsets over the nearby Thoroughbred farm to the West. The thoughtful remodel of the house is just a small portion of what makes this property special. Your Equine friends will enjoy serenity in the cottage style barn that has been lovingly improved with an automatic fly spray system, spacious, matted stalls, (5 12'x12' and one foaling stall 12' x 24'), large feed room, wash rack and an attached apartment that can be used for staff or guests. A fenced, regulation dressage grass ring awaits just a few steps from the barn, and the 8th paddock can double as a fabulous jump field. The rolling 21+ acres are cross fenced with 8 paddocks for year round green-grass grazing all with water lines for convenient auto waterers! Invite your friends for the winter with two 50-amp RV hookups, a full farm generator, and plenty of room for entertainment, including a plumbed gas grill! This is a truly move-in and start -living home! Shown by Appointment Only. Horses and dogs on site.

Features

  • Rooms: 10
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 700 x 1286
  • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Style: Craftsman
  • Year Built: 2002
  • Garage: 2-car Driveway, Garage Door Opener, RV Carport, RV Parking
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,298
  • Acreage: 21.87
  • Lot Size: 700 x 1286
  • Est. Taxes: $2,719
  • Lot Desc: Farm, Flag Lot, In County, Landscaped, Oversized Lot, Pasture, Private, Zoned for Horses
  • View: Garden
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: OM686895
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/OM686895/5198sw140thavenue_ocala_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 10/2/2024 8:32:10 AM)
Listing courtesy of Compass Florida, LLC   Phone: 305-851-2820

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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5198 SW 140th AVENUE, Ocala, FL, 34481

$1,750,000

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

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,400,000 $1,400,000 $1,400,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.336% 6.348% 6.201%
Monthly Tax Payment $227 $227 $227
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,620 $8,620 $11,814
Total Monthly Payment $8,972 $8,972 $12,166

* 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.