Alison Wheatley
WHEATLEY REALTY GROUP
(352) 724-1387
74 Total Sales
1 in Rainbow Park
$3,500,000 Price
1320 SW 140th Ave Ocala, FL 34481
Rainbow Park AreaEstimated Value: $144,000 - $600,000
3
Beds
2
Baths
1,128
Sq Ft
$422/Sq Ft
Est. Value
Highlights
- 7 Paddocks and Pastures
- Barn
- 10 Acre Lot
- 7 Horse Stalls
- Oak Trees
- Farm
About This Home
As of May 2025Welcome to your dream farm, where beauty and functionality meet. As you enter through the gated entrance, you’re greeted by a picturesque tree-lined drive that passes six lush, oak-shaded paddocks—setting the tone for the equestrian haven that awaits.
At the heart of the property is a thoughtfully designed 8-stall center-aisle concrete block barn, complete with a tack room, feed room, wash rack, and ample space to care for your horses in comfort and style.
The charming 3-bedroom, 2-bath home features an open floor plan with a spacious kitchen, living, and dining area perfect for entertaining. Enjoy the split-bedroom layout for added privacy, plus an inside laundry room for convenience. Step out onto the rear porch to take in peaceful views of the back jump field —your private retreat after a day on the farm.
Also included is a versatile 3,600 sq ft storage building with a half bath, office, and separate shop area featuring a paint studio—ideal for any hobbyist, business owner, or extra storage space. This farm is already income producing with current boarders and storage rental which may remain if the new owners allow. Located just 15 minutes from the World Equestrian Center and close to shopping, dining, and all the best of Ocala, this property offers the perfect blend of rural charm and modern convenience.
Last Agent to Sell the Property
PEGASUS REALTY & ASSOC INC Brokerage Phone: 352-629-4505 License #3416157 Listed on: 04/15/2025
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Property Details
Home Type
- Manufactured Home
Est. Annual Taxes
- $1,424
Year Built
- Built in 2013
Lot Details
- 10 Acre Lot
- Lot Dimensions are 330x1320
- North Facing Home
- Private Lot
- Oak Trees
Home Design
- Pillar, Post or Pier Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,128 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Living Room
- Laminate Flooring
- Crawl Space
Kitchen
- Range with Range Hood
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Outdoor Features
- 7 Paddocks and Pastures
- Separate Outdoor Workshop
- Outdoor Storage
- Private Mailbox
- Rear Porch
Farming
- Barn
- Farm
- Pasture
Horse Facilities and Amenities
- Zoned For Horses
- 7 Horse Stalls
- Stables
- Riding Ring
Mobile Home
- Manufactured Home
Utilities
- Central Air
- Heat Pump System
- Well
- Electric Water Heater
- Septic Tank
Community Details
- No Home Owners Association
- Horse Farm Ranchettes Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 18
- Assessor Parcel Number 20904-018-00
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 15, 2025
Closed on
May 6, 2025
Sold by
Alderman Edward H
Bought by
Seller's Agent
Heather Mangus
PEGASUS REALTY & ASSOC INC
Buyer's Agent
John Bonneau
CHARLES RUTENBERG REALTY ORLANDO
List Price
$599,900
Sold Price
$600,000
Premium/Discount to List
$100
0.02%
Views
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$108,709
Avg. Annual Appreciation
-15.99%
Purchase Details
Closed on
Jan 23, 2017
Sold by
Stewart Kevin and Stewart Julia
Bought by
Alderman Edward H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,783
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 7, 2012
Closed on
Mar 1, 2013
Sold by
Redfish Properties Llc
Bought by
Stewart Kevin
Seller's Agent
Danny Robertson
GREATER OCALA PROPERTIES, INC
Buyer's Agent
David Wineriter
HOMERUN REALTY
List Price
$199,900
Sold Price
$124,900
Premium/Discount to List
-$75,000
-37.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.42%
Original Mortgage
$74,940
Interest Rate
3.4%
Mortgage Type
Balloon
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Ocala, FL
-
Alison Wheatley
-
Sheryl Cury
Sheryl Cury
LA ROSA REALTY LLC
(321) 415-4904
71 Total Sales
1 in Rainbow Park
$235,000 Price
-
Gerard Bovee
Gerard Bovee
Tropic Shores Realty
(754) 354-5215
139 Total Sales
2 in Rainbow Park
$90K - $275K Price Range
-
Rhonda Cassidy
Rhonda Cassidy
Responds QuicklyEXP REALTY LLC
(352) 644-9481
240 Total Sales
4 in Rainbow Park
$12K - $285K Price Range
-
Kelly LaFave
Kelly LaFave
EXP REALTY LLC
(352) 644-9367
240 Total Sales
4 in Rainbow Park
$14K - $200K Price Range
-
Elisa Torrealba
Elisa Torrealba
Responds Quickly(352) 268-1816
96 Total Sales
15 in Rainbow Park
$8K - $23K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $600,000 | None Listed On Document | ||
| Alderman Edward H | $175,000 | 1St Quality Title Llc | |
| Stewart Kevin | $124,900 | Attorney |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $176,000 | ||
| Previous Owner | Alderman Edward H | $175,783 | |
| Previous Owner | Stewart Julia C | $134,314 | |
| Previous Owner | Stewart Kevin | $74,940 | |
| Previous Owner | Stewart Kevin | $37,470 | |
| Previous Owner | Ping Jerry W | $250,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/06/2025 05/06/25 | Sold | $600,000 | 0.0% | $532 / Sq Ft | |
| 04/18/2025 04/18/25 | Pending | -- | -- | -- | |
| 04/15/2025 04/15/25 | For Sale | $599,900 | +380.3% | $532 / Sq Ft | |
| 04/30/2020 04/30/20 | Off Market | $124,900 | -- | -- | |
| 03/05/2013 03/05/13 | Sold | $124,900 | -37.5% | -- | View Prior Sale |
| 02/23/2013 02/23/13 | Pending | -- | -- | -- | |
| 12/07/2012 12/07/12 | For Sale | $199,900 | -- | -- |
Source: Stellar MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,488 | $86,418 | ||
| 2024 | $1,424 | $94,529 | ||
| 2023 | $1,424 | $88,859 | ||
| 2022 | $1,301 | $83,445 | $0 | $0 |
| 2021 | $1,213 | $78,589 | $0 | $0 |
| 2020 | $1,228 | $79,044 | $0 | $0 |
| 2019 | $1,233 | $78,809 | $0 | $0 |
| 2018 | $1,166 | $78,068 | $0 | $0 |
| 2017 | $1,825 | $93,717 | $9,022 | $84,695 |
| 2016 | $852 | $49,013 | $0 | $0 |
| 2015 | $2,116 | $123,796 | $0 | $0 |
| 2014 | $1,961 | $120,668 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Heather Mangus
Seller's Agent in 2025
Heather Mangus
PEGASUS REALTY & ASSOC INC
(352) 322-9777
54 Total Sales
-
John Bonneau
Buyer's Agent in 2025
John Bonneau
CHARLES RUTENBERG REALTY ORLANDO
(352) 809-1566
4 Total Sales
-
Danny Robertson
DR
Seller's Agent in 2013
Danny Robertson
GREATER OCALA PROPERTIES, INC
(352) 817-3686
15 Total Sales
-
David Wineriter
Buyer's Agent in 2013
David Wineriter
HOMERUN REALTY
(352) 445-5456
33 Total Sales
Map
Source: Stellar MLS
MLS Number: OM699338
APN: 20904-018-00
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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