$1,800,000
$700K PRICE DROP

7137 & 7141 S Magnolia Ave Ocala, FL 34476

Estimated payment $10,117/month

Total Views 25,393
9 Beds
5.5 Baths
5,685 Sq Ft
$317 Price per Sq Ft

Highlights

  • Additional Residence on Property
  • 2 Horse Stalls
  • In Ground Pool
  • 2 Paddocks and Pastures
  • Barn
  • View of Trees or Woods

About This Home

Welcoming Two Homes, Two Wells, Two Septics, Two Parcel IDS! This elegant estate sits on just over 8 acres of bliss, nestled amidst other thriving farms! Located off 475 minutes to Florida Horse Park, Nearby Riding Trails and Minutes to Downtown Ocala for restaurants, medical and shopping options and the world-renowned World Equestrian Center can be reached in less than 20 minutes! The cape cod style home is an immediate eye-catcher and fully customized. Welcoming you in, the main home offers a total of 5-bedrooms and 3-baths with 3423 living sq.ft. of space. The interiors showcase abundant natural light, soaring cathedral ceilings, and stunning views of the outdoors throughout the home. A recently updated kitchen with quartz counters, new appliances, Roof 2023. Home features a gas fireplace in the living room, formal dining area, a separate sitting room to use as a flex space how you see fit, eat in kitchen - amazing porches to enjoy the views throughout. The second home offers 4 BR/2 BA parallels the magnificence of the main home and features 2262 living square feet of open concept to include a pool, a garage, and an executive office. This home would beautifully accommodate your extended family, guests, or tenant. Featuring an upgraded kitchen with quartz counters, master suite provides a spa like feel with the newly remodeled master bathroom. Things you'll enjoy there include separate sitting room/flex space to utilize as you see fit. Roof 2021 & Updated UV light for water purification. Outdoors is completely fenced with a 2-stall barn, tack room, feed area, storage, and/or workshop. Both homes have brand new water softeners. This is the opportunity of a lifetime to live in one of the most desired areas of Ocala close to everything and yet private and tranquil. Each corner of this exquisite abode is designed to provide comfort, style, and a tranquil escape from the outside world. Experience the ultimate blend of serenity, luxury, and natural beauty. Make this exceptional property your own and live a life of tranquility and indulgence.

Listing Agent

Tasha Osbourne

GOLDEN OCALA REAL ESTATE INC Brokerage Phone: 352-369-6969 License #3304601 Listed on: 08/06/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,709

Year Built

  • Built in 2000

Lot Details

  • 8.12 Acre Lot
  • West Facing Home
  • Private Entrance
  • Cross Fenced
  • Wood Fence
  • Mature Landscaping
  • Level Lot
  • Irrigation Equipment
  • Landscaped with Trees
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned A1

Parking

  • 4 Car Attached Garage
  • 1 Carport Space
  • Rear-Facing Garage
  • Driveway

Property Views

  • Woods
  • Park or Greenbelt

Home Design

  • Cape Cod Architecture
  • Florida Architecture
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 5,685 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Drapes & Rods
  • Sliding Doors
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Loft
  • Bonus Room
  • Sun or Florida Room
  • Inside Utility
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • 2 Paddocks and Pastures
  • Screened Patio
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Private Mailbox
  • Front Porch

Additional Homes

  • Additional Residence on Property
  • 2,000 SF Accessory Dwelling Unit

Farming

  • Barn
  • Farm
  • Pasture

Horse Facilities and Amenities

  • Zoned For Horses
  • 2 Horse Stalls

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Propane
  • 2 Water Wells
  • Electric Water Heater
  • 2 Septic Tanks
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,709

Year Built

Built in 2000

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape Cod, Florida
  • Construction Materials: Block, Concrete, Vinyl Siding
  • Fireplace: Yes
  • Living Area: 5685
  • Lot Size Acres: 8.12
  • New Construction: No
  • Year Built: 2000
  • Building Area Total: 8101
  • Lot Size Sq Ft: 348916
  • Number Of Lots: 2
  • Directions to Property: Continue onto S Magnolia Ave/St 475, Turn Left to aprox. end of road to see both homes on the right hand side.
  • Status: Active
  • Street Direction: S
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 574403734
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 316.62
  • Total Acreage: 5 to less than 10
  • Unit Number YN: 0
  • Water Access YN: 0
  • Barn Features: Barn Office,Feed Room,Horse Barn,Pole Barn
  • Number Of Paddocks Pastures: 2
  • Number Of Stalls: 2
  • MFR_InLawSuiteYN: 1
  • MFR_InLawSuiteDescription: Private Entrance
  • MFR_InLawSuiteUnderAirSqFt: 2000.00
  • Attribution Contact: 352-369-6969
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Living Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Tile, Wood
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 9
  • Levels: One
  • Other Equipment: Irrigation Equipment
  • Stories: 1
  • Window Features: Blinds, Drapes, Window Treatments
  • Street Number Modifier: 7137 & 7141
  • Additional Rooms: Bonus Room,Breakfast Room Separate,Den/Library/Office,Family Room,Florida Room,Formal Dining Room Separate,Inside Utility,Interior In-Law Suite w/Private Entry,Interior In-Law Suite w/No Private Entry,Loft
  • Living Area Meters: 528.15
  • Room Count: 3

Exterior Features

  • Direction Faces: West
  • Other Structures: Additional Single Family Home, Barn(s), Guest House, Other, Workshop
  • Pool Features: Gunite, In Ground
  • Exterior Features: Private Mailbox, Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: Yes
  • View: Park/Greenbelt, Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Front Porch, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Farm Type: Cattle,Chicken,Horse,Livestock

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Faces Rear

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Propane, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 2
  • Number of Wells: 2

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

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

Lot Info

  • Zoning: A1
  • Parcel Number: 36342-006-01
  • Additional Parcels Description: 36342-006-02
  • Additional Parcels: Yes
  • Fencing: Cross Fenced, Wood
  • Lot Features: Farm, Level, Pasture, Paved, Zoned for Horses
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 32415
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 3708.65
  • Tax Block: -
  • Tax Book Number: -
  • Tax Lot: -

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
2024 $3,864 $272,895 -- --
2023 $3,709 $261,234 $0 $0
2022 $3,681 $253,758 $0 $0
2021 $3,679 $246,239 $0 $0
2020 $3,651 $242,878 $0 $0
2019 $3,599 $237,481 $0 $0
2018 $3,409 $233,074 $0 $0
2017 $3,347 $228,338 $0 $228,338
2016 $3,303 $223,699 $0 $0
2015 $3,414 $226,568 $0 $0
2014 $3,207 $224,183 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 Price Changed $1,800,000 -10.0% $317 / Sq Ft
01/07/2025 01/07/25 Price Changed $1,999,000 -16.7% $352 / Sq Ft
09/06/2024 09/06/24 Price Changed $2,400,000 -4.0% $422 / Sq Ft
08/06/2024 08/06/24 For Sale $2,500,000 -- $440 / Sq Ft
Source: Stellar MLS

Mortgage History

Date Status Loan Amount Loan Type
Closed $46,345 Credit Line Revolving
Closed $232,344 Credit Line Revolving
Source: Public Records

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    Section Image

Source: Stellar MLS

MLS Number: OM683327

Stellar MLS

APN: 36342-006-01