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7137 & 7141 S Magnolia Avenue, Ocala, FL 34476

$1,695,000

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Property Description

Now reintroduced to the market with thoughtful improvements, including the addition of a new private driveway for enhanced access and privacy, this exceptional multi-residence estate offers an even more compelling opportunity on just over 8 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.

7137 & 7141 S Magnolia Avenue | MLS# OM719407

This single family home located at 7137 & 7141 S Magnolia Avenue, Ocala, FL 34476 is currently listed for sale with an asking price of $1,695,000. This property was built in 2000 and has 9 bedrooms and 5 full and 1 partial baths with 5685 sq. ft. & 7141 S Magnolia Avenue is located in the AG NON-SUB subdivision. Search AG NON-SUB real estate on www.watsonrealtycorp.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air
Fenced: Yes
Garage: 4 car attached
Heating: Central
Home Style: Cape Cod, Florida
Lot Size: 8.12 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $4,084
Year Built: 2000
Square Feet: 5,685

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
Private Mailbox
Sliding Doors
Storage

Feature Descriptions

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
Appliances: Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Barn Features: Barn Office, Feed Room, Horse Barn, Pole Barn
Days on Site: 15
Directions: Continue onto S Magnolia Ave/St 475, Turn Left to aprox. end of road to see both homes on the right hand side.
Exterior: Block, Concrete, Vinyl Siding
Fencing: Cross Fenced, Wood
Fireplace: Gas, Living Room
Fireplace Y/N: Yes
Flood Zone Code: X
Flooring: Carpet, Laminate, Tile, Wood
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: Farm, Level, Pasture, Paved, Zoned for Horses
Lot Dimensions: 8.12
Number of Septics: 2
Number of Stalls: 2
Number of Stalls: 2
Number of Wells: 2
Other Equipment: Irrigation Equipment
Other Structures: Additional Single Family Home, Barn(s), Guest House, Other, Workshop
Ownership: Fee Simple
Parking: Driveway, Garage Faces Rear
Parking Notes: Driveway, Garage Faces Rear
Patio/Porch: Front Porch, Rear Porch, Screened
Pets Allowed: Yes
Pool: Gunite, In Ground
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Security: Smoke Detector(s)
Sewer: Septic Tank
Showing Instructions: 24 Hour Notice, Call Listing Agent
Special Sale Provisions: None
Swimming Pool: Yes
Utilities: BB/HS Internet Available, Electricity Connected, Propane, Sewer Connected, Water Connected
Vegetation: Mature Landscaping, Trees/Landscaped
Water: Well
Water Access Y/N: No
Windows: Blinds, Drapes, Window Treatments
Zoning: A1

Room Sizes

Primary Bedroom: 14x20
Kitchen: 13x16
Living Room: 30x28

Listed By / Shown By

Listed By

Agency Name: GOLDEN OCALA REAL ESTATE INC
Agency Contact: 352-369-6969

Shown By

Agency Title: Watson Realty Corp., REALTORS ®
Agency Phone: (866) 243-8193

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Estimated Payment

$ 9,008.25 per month $8,173.55 Principal & Interest $340.33 Property Tax $494.38 Homeowner's Insurance

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