$2,700,000
SOLD FEB 3, 2022
5 Beds
5.5 Baths
6,432 Sq Ft
54.2 Acres

Recently Sold

$420 Per Sq Ft

6% Below List Price

444 Days on Market

Highlights

  • Arena
  • In Ground Pool
  • 54.2 Acre Lot
  • Tennis Courts
  • Pond View
  • Open Floorplan

About This Home

As of February 2022

State of the art 54 acre Dressage & Breeding farm, adjoining famous Adena Springs Farm. This property has it all: Luxurious yet rustic main residence, overlooking the in ground pool and tennis court, a CEM approved quarantine barn with 18 stalls, and a training barn with 17 stalls, round pen, dressage arenas etc.



The house features an open concept in a 2 story A Frame style with 5 bedrooms and 5.5 bathrooms. The huge kitchen with open family room area gives you that down home ranch feeling as soon as you enter this grand house.
The farm is a super Dressage and Breeding center boasting 2 large riding arenas, one of which is covered. Main Training barn features rubber paver in the center aisle, 17 extra large padded stalls, a lounge and a second story viewing lounge.
A second large 18 stall barn is set up for the breeding or quarantine part of the farm, recently updated with upstairs apartment for farm workers. Many large shaded paddocks and open pastures for mares and foals. This farm offers unlimited potential in the Horse Capital of the World and offers a great income potential using the CEM quarantine facilities and renting out dry stalls during the show season.



- 4600 Sq Ft house with 5 suites + 2 luxury guest sheds on 2.5 acres all fenced with swimming pool and tennis court.



- Red Barns: 18 CEM approved quarantine stalls with fans and fly spray system, cameras, including 1 foal/emergency double stall with paddock, turn out paddocks and a covered round pen with professional footing. Includes a 2 bedrooms apartment and a shed office with air conditioner.



- Covered arena with professional footing, irrigation and light for night riding.



- Huge outdoor arena 130 x 230’ with irrigation and professional footing.



- 17 14’x12’ stalls luxury barn with fans and fly spray, 2 restrooms, 2 wash stalls and an air conditioned client’s lounge with full kitchen.



- Outdoor round pen.



- Warehouse/Equipment Room.

Last Agent to Sell the Property

George De Benedicty

PEGASUS REALTY & ASSOC INC License #0371345 Listed on: 09/22/2020

Last Buyer's Agent

Joan Pletcher

JOAN PLETCHER License #0609547

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $17,950

Year Built

  • Built in 2014

Lot Details

  • 54.2 Acre Lot
  • Lot Dimensions are 926x2551
  • West Facing Home
  • Board Fence
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned A1

Parking

  • 3 Car Garage

Home Design

  • Farm
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 6,432 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Sliding Doors
  • Family Room Off Kitchen
  • Concrete Flooring
  • Pond Views
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Pool

  • In Ground Pool
  • Gunite Pool
  • Pool Deck

Outdoor Features

  • Tennis Courts
  • Exterior Lighting
  • Outdoor Grill

Farming

  • Center Aisle Barn
  • Barn Apartment
  • Barn Office
  • Horse or Livestock Barn
  • Feed Room
  • Fly Spray System

Horse Facilities and Amenities

  • Hay Storage
  • Round Pen
  • Arena

Utilities

  • Mini Split Air Conditioners
  • Zoned Heating
  • Underground Utilities
  • Well
  • Tankless Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

Property Details

Property Type

Other

Est. Annual Taxes

$17,950

Year Built

Built in 2014

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Farm
  • Construction Materials: Wood Frame
  • Fireplace: Yes
  • Living Area: 6432
  • Lot Size Acres: 54.2
  • New Construction: No
  • Year Built: 2014
  • Building Area Total: 6432
  • Lot Size Sq Ft: 2360952
  • Number Of Lots: 2
  • Directions to Property: US 27 to Williston, turn left on CR 318 going North, to property on RIGHT
  • Status: Sold
  • Street Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM608698?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM608698?w=Customer
  • Homestead Y N: No
  • Total Acreage: 50 to less than 100
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.93913
  • Price per Sq Ft: 419.78
  • Close to Original List Price Ratio: 0.69231
  • Ratio: Current Price\Building Area Total: 419.78
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Concrete, Other
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Open Floorplan
  • Appliances Included: Cooktop, Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Tankless Water Heater
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Stories: 2
  • Street Number Modifier: 15650
  • Room Count: 3

Exterior Features

  • Direction Faces: West
  • Other Structures: Barn Apartment, Barn Office, Horse Barn
  • Pool Features: Deck, Gunite, In Ground
  • Exterior Features: Fenced, Lighting, Outdoor Grill, Sliding Doors, Tennis Court(s)
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Other
  • Water View: Pond
  • Water View Y N: Yes
  • Number Of Wells: 1
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Underground Utilities
  • Cooling: Mini-Split Unit(s)
  • Heating: Zoned
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 2
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: A1
  • Parcel Number: 01492-000-01
  • Additional Parcels Description: 01491-000-02
  • Additional Parcels: Yes
  • Current Use: Horses
  • Fencing: Board
  • Lot Dimensions: 926x2551
  • Horse Amenities: Center Aisle, Feed Room, Fly Spray System, Hay Storage, Arena, Round Pen
  • Flood Zone Code: X

Tax Info

  • Tax Annual Amount: 17950
  • Tax Block: x
  • Tax Book Number: x
  • Tax Lot: x

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2020
Closed on
Feb 3, 2022
Sold by
Blueberry Farm Llc
Bought by
Mra Holdings Llc
Seller's Agent
George De Benedicty
PEGASUS REALTY & ASSOC INC
Buyer's Agent
Joan Pletcher
JOAN PLETCHER
List Price
$2,875,000
Sold Price
$2,700,000
Premium/Discount to List
-$175,000
-6.09%
Total Days on Market
444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.85%
Original Mortgage
$1,947,857
Outstanding Balance
$1,723,823
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$1,053,350

Purchase Details

Closed on
Jul 8, 2013
Sold by
Boyle Michael
Bought by
The Blueberry Farm Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 13, 2013
Sold by
Arden Valerie C and Boyle Paula
Bought by
Boyle Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 26, 2004
Sold by
Bloom Adele S
Bought by
Boyle Michael and Arden Valerie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
7.5%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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List Price
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 Type Sale Price Title Company
Warranty Deed $2,700,000 Brick City Title Insurance Age
Warranty Deed $2,700,000 Brick City Title Insurance Age
Warranty Deed $450,000 Stewart Title Company
Interfamily Deed Transfer -- Stewart Title Company
Warranty Deed $295,000 Aaa Quality Title Services &
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,947,857 New Conventional
Closed $1,947,857 New Conventional
Previous Owner $300,000 Commercial
Previous Owner $6,200,000 No Value Available
Previous Owner $300,000 Balloon
Previous Owner $350,000 Stand Alone First
Previous Owner $265,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 For Sale $3,975,000 +47.2% $864 / Sq Ft
02/03/2022 02/03/22 Sold $2,700,000 -6.1% $420 / Sq Ft
12/10/2021 12/10/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $2,875,000 0.0% $447 / Sq Ft
09/03/2021 09/03/21 Pending -- -- --
08/24/2021 08/24/21 Price Changed $2,875,000 -21.2% $447 / Sq Ft
07/19/2021 07/19/21 Price Changed $3,650,000 -3.9% $567 / Sq Ft
05/24/2021 05/24/21 Price Changed $3,800,000 +3.3% $591 / Sq Ft
05/03/2021 05/03/21 For Sale $3,680,000 0.0% $572 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
11/16/2020 11/16/20 Price Changed $3,680,000 -5.6% $572 / Sq Ft
09/22/2020 09/22/20 For Sale $3,900,000 -- $606 / 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 $31,040 $1,798,287 -- --
2023 $26,937 $1,634,806 $653,598 $981,208
2022 $16,472 $974,001 $0 $0
2021 $15,594 $887,499 $17,448 $870,051
2020 $15,561 $878,588 $16,856 $861,732
2019 $10,346 $586,458 $16,619 $569,839
2018 $8,598 $513,940 $10,845 $503,095
2017 $8,578 $511,154 $10,145 $501,009
2016 $6,801 $393,642 $0 $0
2015 $2,829 $150,098 $0 $0
2014 $5,535 $345,756 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM608698

Stellar MLS

APN: 01492-000-01