941-235-7474

Listing Details for MLS #OM683394
8505 Nw 118th Terrace, Ocala, Fl

Residential Property - Farm in Ocala

Listing Price: $885,000 (Mortgage Calculator →)Days on Market: 282

Description of Property

Turnkey Horse Property Minutes from WEC & HITS – NW Ocala – 3+ Acres Welcome to your private equestrian retreat in the heart of NW Ocala’s horse country, just minutes from both WEC and HITS in the desirable Timberlake community off Hwy 27. No HOA. This beautifully 2017 remodeled 3-bedroom, 2.5-bath, 2 fireplace (gas & wood) home offers approximately 3,000 +/- sq ft of stylish living space on over 3 acres of prime, high-and-dry land in a non-flood zone. Located on a paved cul-de-sac. Convenient to shopping, restaurants, feed stores, interstate 75, Ocala, Gainesville & Williston. Community offers riding trails and riding areas. Completely renovated in 2016-2017, the home features modern updates and appliances throughout the interior and exterior, including a 2017 metal roof, designer finishes, and a spacious, modified open floor plan ideal for entertaining and relaxing. Large master bedroom and lots of storage space. Second floor deck, accessed by the 2 bedrooms upstairs, looks out over rear of property and the barn. 12K house generator with owned 250 gal propane tank. CenturyLink landline and DSL internet. Starlink and other satellite internet services available, plus Verizon Home Internet. The list of upgrades and improvements are too numerous to list here. Please see the property summary under the paperclip in Stellar MLS for details or drive by the property and pick up a flyer at the gated entry. Equestrians will appreciate the 3-stall center aisle barn, complete with large room for tack and feed. The property is thoughtfully designed with 3 fenced and cross-fenced pastures, a no-climb perimeter fence, and a large, secure backyard, perfect for pets or play. Enjoy the serenity of the tree-lined, winding drive that welcomes you home each day. Whether you're a professional rider or a passionate hobbyist, this property offers the convenience, functionality, upgrades and beauty that make it unique and desirable. Don’t miss this rare opportunity to own a move-in-ready mini-horse farm close to world-class equestrian venues!The average asking price for a 3 bedroom/2 bath farm in this Zip code is $1,478,692. This farm is listed at about 60% of the average asking price. There are 6 3 bedroom/2 bath homes between $600,000 and $1,000,000 currently listed for sale in this Zip code.

 

Property Details At A Glance

Property Type: Residential
Property Use or Sub Type: Farm
City: Ocala
County: Marion
Subdivision: Mccully S Sub First Add
Bedrooms: 3
Bathrooms: 2
Half Baths: 1
Sq. Ft. Gross: 3,595
Sq. Ft. Living Area: 2,977
Cost per (heated) sqare foot: $297
Year built: 1986
Annual Tax: $3,980

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: Water Softener

Fireplace: Yes
Fireplace Features: Wood Burning
Window Features: Window Treatments

Additional Rooms: Inside Utility

Flooring: Porcelain Tile

Laundry Features: Washer Hookup

Schools

Elementary School: Fessenden Elementary School
Middle/Junior High School: Liberty Middle School
High School: West Port High School

Pool & Waterfront Info

Private Pool: Not specified

Exterior & Construction

Architectural Style: Cape Cod
Construction: Wood Frame
Foundation: Slab
Roof: Metal
Exterior Features: Storage
Garage: Yes
Garage Spaces: 2
Parking Features: Garage Faces Side
Floors in Unit: Two
Cooling: Mini-Split Unit(s)
Heating & Fuel: Zoned
Electric:
Patio & Porch Features: Patio
Security Features: Smoke Detector(s)
Other Structures: Shed(s)
View: Trees/Woods
Fencing: Fenced

Utilities: Street Lights
Sewer: Septic Tank
Water Source: Well
Community Features: Horses Allowed

Lot Information

Lot Features: Zoned for Horses
Lot Size (acres): 3.18
Lot Size (sq. ft.): 138,521 square feet
Lot Dimensions: 224 x 619
Road Frontage: Street Paved
Front Exposure: West

Legal Description & Other Information

Financing Available: Conventional
Parcel Number: 1243005000
Zoning: A1
Pets Allowed/Pet Policies: Dogs OK
Tax Legal Desc.: SEC 16 TWP 14 RGE 20 PLAT BOOK U PAGE 096 MCCULLY S SUB FIRST ADD LOT 5
Section: 16
Range: 20

Map

 

Listing courtesy of THE KESWICK GROUP LLC. 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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    https://suncoasteam.com/details?MLNum=OM683394