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12870 W Highway 40, Ocala, FL, 34481 | $8,450,000
Located 5 minutes from the World Equestrian Center, this property is designed for equestrian functionality and residential comfort. The main residence includes three bedrooms, living room/dining area, kitchen, two bathrooms, a large, screened porch with contiguous patio, and an enclosed garage. Nearby is a cottage which includes a living room, kitchen, two bedrooms and one- and one-half baths. The property is well designed for equestrian needs, featuring three barns. Two of the barns include apartments as well as tack rooms, bathrooms and office areas. The third barn also contains a tack room, bathroom and loft storage. Other equestrian facilities are two oversized GGT arenas, one of which is covered, numerous wash bays, a total of 59 stalls, multiple paddocks and an equipment building which includes a shop with ample storage, a dedicated feed room with A/C, and large hay storage area including a loft. Enveloped in mature landscaping and Grandaddy oaks, this property balances a peaceful atmosphere with extensive amenities for horse care and training. Additional acreage available.
Features
- Rooms: 3
- Bedrooms: 3
- Baths: 2 full
- Laundry: Electric Dryer Hookup, In Kitchen, Inside, Washer Hookup
- Year Built: 2006
- Garage: 2-car Driveway, Garage Door Opener, Garage Faces Side, Ground Level, Off Street, Parking Pad
- Heating: Central, Electric, Exhaust Fan
- Cooling: Central Air
- Approx Sq. Feet: 1,572
- Acreage: 68
- Est. Taxes: $3,957
- Lot Desc: Cleared, Farm, Gentle Sloping, In County, Landscaped, Pasture, Private, Rolling Slope, Sloped, Unincorporated, Zoned for Horses
- View: Park/Greenbelt, Trees/Woods, Water
- Appliances: Built-In Oven, Cooktop, Dishwasher, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Water Filtration System, Water Purifier
- MLS#: OM687474
- Days on Market: 1 day
- Website: https://www.raveis.com
/eprop/OM687474/12870whighway40_ocala_fl?source=qrflyer
Listing courtesy of OCALA HORSE PROPERTIES, LLC Phone: 352-615-8891
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
- 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
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
12870 W Highway 40, Ocala, FL, 34481
$8,450,000
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 | $6,760,000 | $6,760,000 | $6,760,000 |
| 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 | $330 | $330 | $330 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $43,285 | $43,845 | $59,352 |
| Total Monthly Payment | $43,740 | $44,300 | $59,807 |
* 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