Listing Details for MLS #O6402756
5440 Ne 31st Terrace, Ocala, Fl

Residential Property - Single Family Residence in Ocala

Listing Price: $1,195,000 (Mortgage Calculator →)

Description of Property

One or more photo(s) has been virtually staged. Welcome to a rare opportunity to own a privately positioned, turnkey mini-farm approximately 20 minutes from the World Equestrian Center, offering a refined blend of modern farmhouse design and functional equestrian living on 4.23 fully fenced acres. Designed for both everyday living and weekend escape, this property offers a rare sense of space, functionality, and comfort in one complete setting. Set behind an estate-style gated entrance with a concrete drive on a quiet cul-de-sac, the property is thoughtfully laid out for both privacy and usability. The land features two paddocks, 3-board fencing, and water is run to multiple areas, creating an efficient and practical setup for everyday use, with clear sightlines from the home to the paddocks. A standout feature is the concrete block barn with a 2023 roof, offering four horse stalls with water, a detached three-car garage, and covered space for equipment, trailers, or storage. The residence showcases a modern farmhouse design with an expansive wraparound covered porch spanning approximately 1,100 square feet, ideal for outdoor living. Inside, a grand two-story foyer with custom iron railing and farmhouse trim creates an immediate sense of scale and character, complemented by 10-foot ceilings on both the main and upper levels. The kitchen, fully installed in 2025, features a high-end chef’s layout with quartz countertops, a large island, farmhouse sink, and premium 36-inch French door range and refrigerator. Real wood cabinetry provides durability and timeless appeal, complemented by a beverage bar with a dedicated beverage refrigerator, ideal for entertaining. The open layout flows into the main living area, anchored by a stone fireplace. Flooring includes LVP throughout the main level, with LVP and tile upstairs, offering both durability and ease of maintenance. Key improvements include a roof replacement in 2023, two HVAC systems replaced in 2025, water heaters updated in 2025 and 2026, and Energy Star windows installed in 2025 with a lifetime fully transferable warranty, including glass breakage. The property also includes a buried 500-gallon propane tank, along with smart features such as Ecobee thermostats and lighting controls. In addition to its privacy and equestrian functionality, the property is centrally located with convenient access to medical facilities, dining, and government services, offering a balance of seclusion and accessibility. This property delivers a rare combination of privacy, usability, and location, making it an exceptional opportunity in today’s market.The average asking price for a 3 bedroom/3 bath single family residence in this Zip code is $1,372,500. This single family residence is listed at about 87% of the average asking price. This is the only 3 bedroom/3 bath single family residence between $1,000,000 and $1,400,000 currently listed for sale in this Zip code.