$8,000,000
PENDING $2M PRICE DROP

14840 W Highway 40 Ocala, FL 34481

Estimated payment $44,513/month

Total Views 15,657
-- Bed
1 Bath
1,008 Sq Ft
$7,937 Price per Sq Ft

Highlights

  • 42 Paddocks and Pastures
  • Oak Trees
  • Cathedral Ceiling
  • 5/8+ Mile Equestrian Track
  • 224.51 Acre Lot
  • Great Room

About This Home

Under contract-accepting backup offers. This stunning 244.23 +/- acre horse training facility provides a truly turnkey equestrian experience! Nestled in NW Marion County, it's conveniently located just 10 miles from the World Equestrian Center and 10 miles from OBS Sales.

The facility boasts six barns with a total of 198 stalls, including two spacious 40-stall center aisle barns, a 38-stall shed row barn, a 24-stall shed row barn, a 30-stall shed row barn, and a 26-stall shed row barn. With versatility to accommodate any discipline, this property presents exceptional training opportunities on dirt and turf surfaces.

The facility features a professionally designed irrigated 1 +/- mile dirt racetrack and a 7/8 mile +/- turf track, ensuring optimal conditions for training while offering a viewing stand for spectators to enjoy the action. Watching Park Farm is truly a horse trainer's paradise, equipped with all the essential amenities for a successful equestrian operation.

Among the remarkable facilities is an equestrian swimming pool complete with a deck and secure PVC fencing for safety, (7) European walkers, (12) round pens, (3) riding arenas, (42) lush green paddocks, automatic waterers, an office, (2) workshops/storage buildings, a gated entrance, underground piping for water/sewer lines, and ornamental landscaping.

The entire property is secured with 4 and 5-board fencing and offers picturesque building sites to construct your dream home overlooking the farm. The equestrian facilities are first-rate, designed to support top-quality training for thoroughbreds or any breed of your choice. The farm also boasts a rich legacy of graduates, which includes 1 horse of the year, 7 Eclipse champions, 2 Kentucky Derby winners, 3 Preakness winners, 1 Belmont winner, 9 Breeders Cup winners, 43 individual Grade 1 winners, and a vast number of Grade 2 & Grade 3 winners.

Listing Agent

Joan Pletcher

JOAN PLETCHER Brokerage Phone: 352-804-8989 License #0609547 Listed on: 06/29/2023

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $11,072

Year Built

  • Built in 2005

Lot Details

  • 224.51 Acre Lot
  • Northwest Facing Home
  • Board Fence
  • Mature Landscaping
  • Oak Trees
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned A1

Home Design

  • Studio
  • Farm
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1 Full Bathroom
  • 1,008 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Great Room
  • Home Office
  • Tile Flooring

Outdoor Features

  • 42 Paddocks and Pastures
  • Horse Property
  • Exterior Lighting

Schools

  • Dunnellon Elementary School
  • Dunnellon Middle School
  • Dunnellon High School

Horse Facilities and Amenities

  • Equine Pool
  • Eurocizer
  • Starting Gate
  • 198 Horse Stalls
  • Round Pen
  • 5/8+ Mile Equestrian Track
  • Race Track
  • Stables
  • Turf Track

Utilities

  • Central Heating and Cooling System
  • 3 Water Wells
  • 4 Septic Tanks

Community Details

  • No Home Owners Association
  • Built by Rick Wilcox

Listing and Financial Details

  • Assessor Parcel Number 20909-029-00

Property Details

Property Type

Other

Est. Annual Taxes

$11,072

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Farm
  • Architectural Style: Other
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1008
  • Lot Size Acres: 224.51
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 1008
  • Lot Size Sq Ft: 10638659
  • Number Of Lots: 2
  • Directions to Property: From Ocala - Travel West on Hwy 40 cross the intersection of Hwy 40 and SW 140th Ave - The property will be on the South side of the road - Look for a gate with "EW" on it with white columns.
  • Status: Pending
  • Street Direction: W
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow City: Ocala
  • Escrow Postal Code: 34471
  • Escrow State: FL
  • Escrow Street Name: SE 1st Ave Ste 102
  • Escrow Street Number: 35
  • List Office Head Office Key Nume: 1044903
  • Minimum Lease: No Rent
  • RATIO Current Price By Calculate: 7936.51
  • Total Acreage: 200 to less than 500
  • Unit Number YN: 0
  • Water Access YN: 0
  • Property Description: Studio/Efficiency
  • AG Exemption YN: 1
  • Barn Features: Bathroom,Block,Center Aisle,Feed Room,Fly Spray System,Frame,Horse Barn,Shed-Row,Tack Room,Washrack
  • Number Of Paddocks Pastures: 42
  • Number Of Stalls: 198
  • Attribution Contact: 352-804-8989
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s)
  • Appliances Included: None
  • Foundation Details: Slab
  • Levels: One
  • Stories: 1
  • Window Features: Blinds, Drapes
  • Street Number Modifier: 14840
  • Additional Rooms: Den/Library/Office
  • Living Area Meters: 93.65
  • Room Count: 4

Exterior Features

  • Direction Faces: Northwest
  • Exterior Features: Lighting
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Farm Type: Horse

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: None
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 4
  • Number of Wells: 3

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Dunnellon Elementary School
  • High School: Dunnellon High School
  • Middle Or Junior School: Dunnellon Middle School

Lot Info

  • Zoning: A1
  • Parcel Number: 20909-029-00
  • Additional Parcels Description: 2008-006-001
  • Additional Parcels: Yes
  • Fencing: Board
  • Horse Amenities: Track - 5/8+ Mile, Equine Pool, Eurocizer, Race Track, Round Pen, Stable(s), Starting Gate, Turf Track
  • Flood Zone Code: x
  • Homestead YN: 0
  • Lot Size Square Meters: 988363

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: Rick Wilcox

Rental Info

  • Furnished: Unfurnished
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 11071.57
  • Tax Block: NA
  • Tax Book Number: 5564/1674
  • Tax Lot: NA

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

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
2023 $11,072 $648,543 $0 $0
2022 $11,048 $643,454 $0 $0
2021 $11,584 $654,145 $32,971 $621,174
2020 $11,987 $673,409 $32,971 $640,438
2019 $12,209 $679,456 $32,971 $646,485
2018 $11,034 $655,251 $31,750 $623,501
2017 $11,333 $671,791 $31,750 $640,041
2016 $12,003 $688,523 $0 $0
2015 $10,230 $567,274 $0 $0
2014 $8,878 $518,262 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Pending -- -- --
05/30/2025 05/30/25 Price Changed $8,000,000 0.0% $7,937 / Sq Ft
05/30/2025 05/30/25 For Sale $8,000,000 -17.9% $7,937 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
06/29/2023 06/29/23 For Sale $9,750,000 -- $9,673 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $25,000 Attorney
Warranty Deed $580,000 Attorney
Warranty Deed -- Attorney
Quit Claim Deed -- Attorney
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,400,000 Commercial
Previous Owner $1,300,000 Commercial
Previous Owner $1,400,000 Commercial
Source: Public Records

Similar Home in Ocala, FL

  • 6480 N Us Highway 27, Ocala, FL 34482

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    • 2 Beds
    • 2.5 Baths
    • 2,044 Sq Ft
    • 6480 N Us Highway 27
    • Ocala, FL

    This is the perfect opportunity to build your equestrian farm. This property awaits your dream home and stables. The ultimate location for equestrian enthusiasts! This stunning 76+/- acre estate is nestled in the heart of Central NW Ocala’s renowned horse country, boasting prominent Hwy 27 frontage. Just 1.8 miles away from Golden Ocala and 2.5 miles from the New World Equestrian Center, enjoy

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Source: Stellar MLS

MLS Number: OM660011

Stellar MLS

APN: 20909-029-00

Florida Marion County Ocala 34481

14840 W Highway 40, Ocala, FL

This home is located at 14840 W Highway 40, Ocala, FL 34481 and is currently priced at $8,000,000, approximately $7,936 per square foot. This property was built in 2005. 14840 W Highway 40 is a home located in Marion County with nearby schools including Dunnellon Elementary School, Dunnellon Middle School, and Dunnellon High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS 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.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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Joan Pletcher
Listing Agent
Joan Pletcher
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JOAN PLETCHER
(352) 306-4485