NOT LISTED FOR SALE

1500 SE 59th St Ocala, FL 34480

Estimated Value: $788,000

12 Beds
11.5 Baths
11,253 Sq Ft
$70/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $10,400,000 $924 Per Sq Ft

Current estimated payment $4,369/month

193 Days on Market

Highlights

  • Additional Residence on Property
  • 39 Horse Stalls
  • Oak Trees
  • 16 Paddocks and Pastures
  • Barn
  • Screened Pool

About This Home

As of June 2023

Making its debut on the market is Besilu South! This 153+/- acre farm is nothing short of a five-star equestrian resort! No stone was left unturned by its present owner when it came to transforming this farm into a thing of function, accessibility, comfort, and beauty. Enter the paved, double gated, tree lined entrance to the land of enhancement. The training facility can be your first stop; 39 stalls fill the space, together with every amenity you would expect, including laundry, bathroom, kitchen, fans, fly spray, auto water, and washracks. There is a covered programmable Eurosizer, a separate building housing the Hyrda horsepool, an exercise pool, and a oversized covered arena with theater-style seating in the viewing area, fans, LED lights, surround sound, and an ultra high-tech dynamic camera system, so that training sessions and workouts can be observed remotely from afar. There is a covered patio adjacent to the arena for additional gathering and seating. Attached to the stables via portico is a meeting/events center with a full chef's kitchen and meeting room, as well as three 1 BR/1BA VIP guest apartments. Move on across to the West to the outdoor living pavilion overlooking the pond for fun, relaxation, and outdoor events. The office has multiple office/meeting rooms, including conference room, front reception, kitchen, dining, laundry, lodging, and tons of windows for all the great views beyond. The "Filly" house has a screened pool and has been renovated into four apartments, one is a 2 BR/2BA with full kitchen, and three are 1 BR/1BA with kitchenettes. The main house is located via its own private gate to the Country Club. It has high ceilings, 3 fireplaces, pool and outdoor seating, and a bonus bedroom and full bath upstairs via spiral staircase. The office, home and other accommodations all have "smart" technology, including lights, window shades, and more. The entire farm has been enhanced with outdoor lighting which is evident by the photos. This farm is so much more than words can describe, but rest assured, it will leave you speechless. Details of renovations, smart technology, and more will be provided as an attachment.

Last Agent to Sell the Property

Matt Varney

OCALA HORSE PROPERTIES, LLC License #3283666 Listed on: 10/06/2022

Last Buyer's Agent

George De Benedicty

PEGASUS REALTY & ASSOC INC License #0371345

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $28,262

Year Built

  • Built in 1995

Lot Details

  • 153.61 Acre Lot
  • North Facing Home
  • Vinyl Fence
  • Mature Landscaping
  • Oak Trees
  • 9 Lots in the community
  • Additional Parcels
  • Property is zoned A1

HOA Fees

  • $143 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home
  • Farm
  • Stem Wall Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 11,253 Sq Ft Home
  • High Ceiling
  • Family Room Off Kitchen
  • Living Room
  • Views of Woods
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • Primary Bedroom on Main

Pool

  • Screened Pool
  • Cabana
  • In Ground Pool
  • Fence Around Pool
  • Pool Deck

Outdoor Features

  • 16 Paddocks and Pastures
  • Horse Property
  • Outdoor Kitchen
  • Exterior Lighting
  • Separate Outdoor Workshop
  • Outdoor Storage

Additional Homes

  • Additional Residence on Property

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Equine Pool
  • Eurocizer
  • Zoned For Horses
  • 39 Horse Stalls
  • Arena

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 35998-000-00

Community Details

Pet Policy

  • Pets Allowed

Property Details

Property Type

Other

Est. Annual Taxes

$28,262

Year Built

Built in 1995

Lot Details

0

HOA Fees

$143 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Farm
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: Yes
  • Living Area: 11253
  • Lot Size Acres: 153.61
  • New Construction: No
  • Year Built: 1995
  • Lot Size Sq Ft: 6691251
  • Number Of Lots: 9
  • Status: Sold
  • Street Direction: SE
  • Ownership: Fee Simple
  • Escrow State: FL
  • RATIO Current Price By Calculate: 924.20
  • Total Acreage: 100 to less than 200
  • Water Access YN: 0
  • Barn Features: Barn Apartment,Barn Office,Bathroom,Horse Barn,Washrack
  • Number Of Paddocks Pastures: 16
  • Number Of Stalls: 39
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Wood
  • Full Bathrooms: 11
  • Half Bathrooms: 1
  • Interior Amenities: High Ceilings, Kitchen/Family Room Combo, Master Bedroom Main Floor
  • Appliances Included: Dishwasher, Refrigerator
  • Foundation Details: Stem Wall
  • Total Bedrooms: 12
  • Levels: Two
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 1045.44

Exterior Features

  • Direction Faces: North
  • Other Structures: Additional Single Family Home, Barn(s), Cabana, Guest House, Outdoor Kitchen, Storage, Workshop
  • Pool Features: Deck, In Ground, Screen Enclosure
  • Exterior Features: Lighting
  • Roof: Shingle
  • Pool Private: Yes
  • View: Trees/Woods
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Farm Type: Horse

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 1710
  • Association Fee Frequency: Annually
  • Association Name: TBD
  • Phone: TBD
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1710.00
  • Total Monthly Fees: 142.50
  • Monthly HOA Amount: 142.50

Lot Info

  • Zoning: A1
  • Parcel Number: 35998-000-00
  • Additional Parcels: Yes
  • Fencing: Vinyl
  • Lot Features: City Limits, Pasture, Zoned for Horses
  • Horse Amenities: Arena, Equine Pool, Eurocizer
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 28262
  • Tax Block: none
  • Tax Book Number: none
  • Tax Lot: none

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Jun 2, 2023
Sold by
1500 Se 59Th Street Llc
Bought by
Yarbrough Family Equestrian Center Llc
Seller's Agent
Matt Varney
OCALA HORSE PROPERTIES, LLC
Buyer's Agent
George De Benedicty
PEGASUS REALTY & ASSOC INC
List Price
$15,995,000
Sold Price
$10,400,000
Premium/Discount to List
-$5,595,000
-34.98%
Views
171
Current Estimated Value
$788,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,612,000

Purchase Details

Closed on
Mar 24, 2016
Sold by
Wichi Management Llc
Bought by
1500 Se 59Th Street Llc

Purchase Details

Closed on
Feb 5, 2013
Sold by
Adrian Pedro J and Adrian Olga M
Bought by
Wichi Management Llc

Purchase Details

Closed on
Mar 25, 2002
Sold by
Chak Ronald H and Chak Phyllis B
Bought by
Adrian Pedro and Adrian Olga

Purchase Details

Closed on
Nov 13, 2001
Sold by
New Chance Farm Inc
Bought by
Chak Ronald H and Chak Phyllis B

Purchase Details

Closed on
Jul 20, 2001
Sold by
New Chance Farm Inc
Bought by
Chak Ronald H and Chak Phyllis B
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Yarbrough Family Equestrian Center Llc $10,400,000 Florida First Title
1500 Se 59Th Street Llc -- Attorney
Wichi Management Llc -- Attorney
Adrian Pedro $931,000 --
Chak Ronald H -- --
Chak Ronald H -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2023 06/02/23 Sold $10,400,000 -35.0% $924 / Sq Ft
04/18/2023 04/18/23 Pending -- -- --
10/06/2022 10/06/22 For Sale $15,995,000 -- $1,421 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

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
2024 $967 $60,964 -- --
2023 $985 $61,609 $0 $0
2022 $994 $61,894 $0 $0
2021 $1,078 $64,933 $4,200 $60,733
2020 $1,092 $65,267 $3,800 $61,467
2019 $1,116 $66,000 $3,800 $62,200
2018 $1,083 $66,534 $3,600 $62,934
2017 $1,091 $66,868 $3,200 $63,668
2016 $5,157 $313,602 $0 $0
2015 $5,258 $314,335 $0 $0
2014 $4,999 $315,069 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM646341

Stellar MLS

APN: 35998-000-00