941-235-7474

Listing Details for MLS #OM719407
7137 & 7141 S Magnolia Avenue, Ocala, Fl

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    Residential Property - Single Family Residence in Ocala

    Listing Price: $1,695,000 (Mortgage Calculator →)Days on Market: 24

    Description of Property

    Now reintroduced to the market with thoughtful improvements, including the addition of a driveway for enhanced access, this exceptional multi-residence/multi-generational estate offering 2 homes an even more compelling opportunity on just over 7 picturesque acres surrounded by established farms. Exceptional multi-residence estate situated on just over 8 picturesque acres surrounded by established farms. Ideally located off Hwy 475, just minutes to the Florida Horse Park, nearby riding trails, downtown Ocala’s dining, medical, and shopping, and less than 20 minutes to the World Equestrian Center. The main Cape Cod-style residence offers 5 bedrooms, 3 bathrooms, and 3,423 living square feet. Designed with abundant natural light and soaring cathedral ceilings, the home captures beautiful views of the surrounding acreage from nearly every room. Recent updates include a 2023 roof and a renovated kitchen featuring quartz countertops and newer appliances. Interior highlights include a gas fireplace in the living room, formal dining area, eat-in kitchen, flexible sitting room, and expansive covered porches ideal for enjoying the peaceful setting. The second residence offers 4 bedrooms, 2 bathrooms, and 2,262 living square feet with an open-concept layout. Features include a private pool, garage, executive office, updated kitchen with quartz countertops, and a remodeled primary bath with spa-like finishes. Roof replaced in 2021. UV water purification system installed. Ideal for extended family, guests, or income-producing opportunities. The fully fenced property includes a 2-stall barn with tack room, feed area, storage/workshop space, and open pasture. Both homes are equipped with new water softener systems. A rare opportunity to own a dual-residence farm property in one of Ocala’s most convenient yet private locations. Versatile, functional, and ready for equestrian or multi-generational living.This is the only 9 bedroom/5 bath single family residence between $1,400,000 and $2,000,000 currently listed for sale in this Zip code.

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    Bedrooms: 9
    Bathrooms: 5
    Half Baths: 1
    Sq. Ft. Gross: 8,101
    Garage: Yes4 vehicles
    Carport: Yes1 vehicles
    Parking Features: Garage Faces Rear
    Private Pool: Yes
    Pool Featuress: In Ground

     

    Property Details At A Glance

    Property Type: Residential
    Property Use or Sub Type: Single Family Residence
    City: Ocala
    County: Marion
    Subdivision: Ag Non-sub
    Bedrooms: 9
    Bathrooms: 5
    Half Baths: 1
    Sq. Ft. Gross: 8,101
    Sq. Ft. Living Area: 5,685
    Cost per (heated) sqare foot: $298
    Year built: 2000
    Annual Tax: $4,085

    Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.

    Interior Features: Window Treatments
    Appliances: Washer

    Fireplace: Yes
    Fireplace Features: Living Room
    Window Features: Window Treatments

    Additional Rooms: Loft

    Flooring: Hardwood

    Laundry Features: Laundry Room

    Pool & Waterfront Info

    Private Pool: Yes
    Pool Features: In Ground

    Exterior & Construction

    Architectural Style: Florida
    Construction: Vinyl Siding
    Foundation: Slab
    Roof: Shingle
    Exterior Features: Storage
    Garage: Yes
    Garage Spaces: 4
    Carport: Yes
    Carport Spaces: 1
    Parking Features: Garage Faces Rear
    Floors Total: 1
    Floors in Unit: One
    Cooling: Central Air
    Heating & Fuel: Central
    Patio & Porch Features: Screened
    Security Features: Smoke Detector(s)
    Other Structures: Workshop
    View: Trees/Woods
    Fencing: Wood

    Utilities: Water Connected
    Sewer: Septic Tank
    Water Source: Well

    Lot Information

    Lot Features: Zoned for Horses
    Lot Size (acres): 7.5
    Lot Size (sq. ft.): 348,916 square feet
    Road Frontage: Street Paved
    Front Exposure: West
    Additional Parcels: Yes
    Additional Parcels Description: 36342-006-02

    Legal Description & Other Information

    Financing Available: Conventional
    Parcel Number: 3634200601
    Zoning: A1
    Pets Allowed/Pet Policies: Yes
    Tax Legal Desc.: SEC 08 TWP 16 RGE 22 COM AT THE NE COR OF S 1/2 OF NW 1/4 TH S 01-40-23 E 1328.14 FT TH CONT S 01-40-23 E 12.41 FT TH S 88-30-22 W 660.51 FT TO THE POB TH S 88-30-22 W 582.41 FT TH N 01-55-11 W 17.40 FT N 01-55-11 W 662.6 FT TH S 88-40-04 W 1421.88 F T TH N 01-39-02 W 20 FT TH N 88-40-04 E 2004.21 FT TH S 01-55-11 E 698.36 FT TO THE POB EXC COM AT THE NE COR OF S 1/2 OF NW 1/4 TH S 01-40-23 E 1328.14 FT TH CONT S 01-40-23 E 12.41 FT TH S 88-30-22 W 660.51 FT TH N 01-55-11 W 245.36 FT TO THE POB T H S 88-04-49 W 250 FT TH N 01-55-11 W 175 FT TH N 88-04-49 E 250 TH S 01-55-11 E 175 FT TO THE POB & EXC COM AT THE NE COR OF S 1/2 OF NW 1/4 TH S 01-40-23 E 1328.14 FT TH CONT S 01-40-23 E 12.41 FT TH S 88-30-22 W 886.51 FT TO THE POB TH CONT S
    Section: 8
    Range: 22E

    Map

     

    Listing courtesy of GOLDEN OCALA REAL ESTATE INC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

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