$883,000
$1M PRICE DROP

5360 SE 159th Parcel #33 Ln Summerfield, FL 34491

Estimated payment $4,869/month

Total Views 3,486
16 Acres
$54,139 Price per Acre
710,464 Sq Ft Lot

Highlights

  • Horses Allowed in Community
  • 16.31 Acre Lot
  • Board Fence
  • Gated Community

About This Lot

Build your dream home, horse ranch, in the same neighborhood as the 2024 Kentucky Derby winner! NEW 200 AMP electric service WITH 50 AMP RV hookup. New 3HP commercial irrigation well and all new 4 board fencing. Embark on a unique equestrian adventure with this unparalleled opportunity to acquire a majestic plot within the newly-established Silverleaf Hills - a pristine, gated Equestrian Community that breathes sophistication and functionality for horse lovers, your dream equestrian lifestyle is within arm’s reach. Silverleaf Hills, gracefully unfolding over 765 acres, with riding bridle trails and deeded access throughout the whole community, unveils an enchanting canvas of rolling hills, crystalline spring-fed lakes, and mesmerizing views that serve as the backdrop for your equestrian endeavors. The community boasts secure gated access, meticulously paved streets, underground utilities, and sensible deed restrictions, encapsulating a harmonious blend of beauty and convenience. Your prospective 2/3 cleared property is attentively fully fenced and cross-fenced with secure no-climb and handsome 4-board fencing, providing a safe haven for your equine companions. The interior boasts three generously-sized 80'x200' arena-sized paddocks, each meticulously designed with equine no-climb and 4-board fencing to facilitate your horse's free movement and exercise. Enjoy the luxury of immediate access to crystal-clear water, courtesy of a newly-installed high-output 3HP well. The property invites you to immerse yourself in the delightful embrace of nature with majestic Granddaddy Oaks sprinkled across the landscape, while the community allows for the construction of barns prior to residences, truly reflecting its equestrian-centric vision. Positioned strategically, Silverleaf Hills offers swift connectivity to equestrian landmarks, being a mere 25-minute drive from the World Equestrian Center in Ocala, 10 minutes from the revered Florida Horse Park, and conveniently adjacent to The Villages, Florida. With entrances accessible from both US 301 and Hwy 42 and nearly 700 feet of paved road frontage, the property promises ease of access for its future owners. Within this extraordinary community, observe the rise of elegant custom homes, each echoing a narrative of luxury and style, with several currently under construction. Engage in tranquil horse rides with over the whole property's bridle path easements dedicated for your riding delight, and revel in a setting where every detail is meticulously crafted, reflecting a commitment to excellence in equestrian living. This must-see property is not just a piece of land; it is a gateway to a refined equestrian lifestyle where your vision of a perfect equestrian home can come to life amidst a community that shares your passion and sophistication. Seize this opportunity to craft a legacy of equestrian excellence at Silverleaf Hills. ALSO AVAILABLE SELLER FINACING 8% INTEREST, 30% DOWN 5YR BALLOON. Neighboring property to the east may be available as well additionally if desired. Property is currently being cleared and prepared for seeding.

Listing Agent

Nicole Schreier

MAJESTIC OAKS REALTY License #3530233 Listed on: 02/24/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $52

Lot Details

  • 16.31 Acre Lot
  • Lot Dimensions are 661x1075
  • Board Fence
  • Property is zoned A1

HOA Fees

  • $179 Monthly HOA Fees

Home Design

  • Ranch Property

Utilities

  • Well

Listing and Financial Details

  • Assessor Parcel Number 4764-033-000
  • Tax Block 4764-03

Community Details

Overview

  • Association fees include ground maintenance, private road
  • Dora L Steed Association, Phone Number (727) 232-1173
  • Silverleaf Hills Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Horses Allowed in Community

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$52

Lot Details

0

HOA Fees

$179 per month

Listing Details

  • HOA Fee Includes: Maintenance Grounds, Private Road
  • Property Type: Land
  • Lot Size Acres: 16.31
  • Lot Size Sq Ft: 710464
  • Directions to Property: HEAD NORTH FROM HWY 42 AND 301TURN LEFT INTO SILVERLEAF GATED ENTRANCE.TAKE FIRST LEFT, TAKE FIRST RIGHT, GO AROUND BEND AND GO LEFT. GO DOWN TO THE LARGE STORAGE AREA TURN LEFT. Pass up the multifamily Vere right property is located on the left. fenced in with a for sale sign
  • Status: Active
  • Street Direction: SE
  • Ownership: Fee Simple
  • Escrow City: OCALA
  • Escrow Postal Code: 34471
  • Escrow State: FL
  • Escrow Street Name: SE 1st Avenue Suite 102
  • Escrow Street Number: 35
  • List Office Head Office Key Nume: 700142018
  • RATIO Current Price By Calculate: 1.24
  • Total Acreage: 10 to less than 20
  • Water Access YN: 0
  • Tax Year: 2024
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 5360

Exterior Features

  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Price Per Acre: 54139

Utilities

  • Utilities: Electricity Available, Water Available, Water Connected
  • Sewer: None
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community - No Guard, Horses Allowed
  • Association Amenities: Gated
  • Association Fee: 538
  • Association Fee Frequency: Quarterly
  • Association Name: Dora L Steed
  • Phone: 727-232-1173
  • Association: Yes
  • Association 2 YN: 0
  • Pet Restrictions: Call Duke for Questions 813-695-6966.
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 2152.00
  • Total Monthly Fees: 179.33
  • Monthly HOA Amount: 179.33

Lot Info

  • Zoning: A1
  • Parcel Number: 4764-033-000
  • Additional Parcels: No
  • Current Use: Ranch
  • Fencing: Board, Boundary Fencing, Fenced
  • Lot Dimensions: 661x1075
  • Flood Zone Code: x, ae
  • Lot Size Square Meters: 66004

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 60.11
  • Tax Block: 4764-03
  • Tax Book Number: 24

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 $52 $2,968 $0 $0
2022 $52 $2,365 $0 $0
2021 $50 $2,143 $2,143 $0
2020 $0 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Price Changed $883,000 -27.9% --
06/11/2025 06/11/25 Price Changed $1,225,250 -20.9% --
04/03/2025 04/03/25 Price Changed $1,549,450 -22.3% --
02/24/2025 02/24/25 For Sale $1,995,000 -- --
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $525,000 None Listed On Document
Warranty Deed $525,000 None Listed On Document
Source: Public Records

Source: Stellar MLS

MLS Number: OM695290

Stellar MLS

APN: 4764-033-000