7137 & 7141 S MAGNOLIA AVE, Ocala, FL 34476
7137 & 7141 S MAGNOLIA AVE, Ocala, FL 34476
7137 & 7141 S MAGNOLIA AVE, Ocala, FL 34476
7137 & 7141 S MAGNOLIA AVE, Ocala, FL 34476
7137 & 7141 S MAGNOLIA AVE, Ocala, FL 34476
7137 & 7141 S MAGNOLIA AVE, Ocala, FL 34476
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$ 1,550,000
Est. payment | /mo

9 Beds

6 Baths

5,685 SqFt


$ 1,550,000
Est. payment | /mo

9 Beds

6 Baths

5,685 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 5,685 sqft

Price per Sqft $272

Subdivision Ag Non-Sub

MLS Listing ID OM719407

Bedrooms 9

Full Baths 5

Half Baths 1

HOA Y/N No

Year Built 2000

Annual Tax Amount $4,084

Lot Size 7.500 Acres

Acres 7.5

Property Sub-Type Single Family Residence

Source Stellar MLS

Property Description

An exceptional dual-residence estate offering a rare opportunity to live, invest, and generate income on just over 7 picturesque acres surrounded by established horse farms. Sellers are currently adding a driveway to the family home at the end of the cul-de-sac to provide enhanced privacy and separate access to the second residence, further increasing the property's functionality and appeal. Ideally located off Hwy 475, the property offers convenient access to the Florida Horse Park, nearby riding trails, downtown Ocala's dining, medical facilities, and shopping, while being less than 20 minutes from the World Equestrian Center.

Whether you're seeking a private family compound, multi-generational living arrangement, or an income-producing investment, this property offers unmatched versatility. With no HOA restrictions, owners have the flexibility to utilize the second residence for short-term rentals, seasonal equestrian visitors, Airbnb, VRBO, corporate housing, or extended-stay accommodations, creating an attractive opportunity to offset ownership costs while enjoying the property full-time.

The main Cape Cod-style residence offers 5 bedrooms, 3 bathrooms, and 3,423 square feet of living space. Filled with natural light and highlighted by soaring cathedral ceilings, the home captures beautiful views of the surrounding acreage from nearly every room. Recent improvements include a 2023 roof and a renovated kitchen featuring quartz countertops and newer appliances. Additional features include a gas fireplace, formal dining room, eat-in kitchen, flexible sitting area, and expansive covered porches designed for enjoying Ocala's year-round outdoor lifestyle.

The second residence offers 4 bedrooms, 2 bathrooms, and 2,262 square feet of living space with an open-concept design ideal for guests, tenants, or extended family. Features include a private swimming pool, garage, executive office, updated kitchen with quartz countertops, remodeled primary bathroom with spa-inspired finishes, a 2021 roof, and a UV water purification system. Its private setting and independent amenities make it exceptionally appealing for seasonal equestrian rentals, World Equestrian Center competitors, trainers, and visitors seeking accommodations during Ocala's busy horse season.

The fully fenced property includes a 2-stall barn with tack room, feed area, storage/workshop space, and open pasture, creating opportunities for hobby farming, horses, or additional recreational use. Both homes are equipped with new water softener systems.

Rarely does a property offer the ability to enjoy private country living while simultaneously generating income in one of Ocala's strongest rental markets. Combining two residences, equestrian amenities, acreage, no HOA restrictions, and a prime location near the World Equestrian Center, this is a unique opportunity for buyers seeking lifestyle, flexibility, and long-term investment potential.

Location

State FL

County Marion

Community Ag Non-Sub

Area 34476 - Ocala

Zoning A1

Rooms

Other 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

Interior

Interior Features 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

Heating Central

Cooling Central Air

Flooring Carpet, Laminate, Tile, Wood

Fireplaces Type Gas, Living Room

Furnishings Unfurnished

Fireplace true

Appliance Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer

Laundry Inside, Laundry Room

Exterior

Exterior Feature Private Mailbox, Sliding Doors, Storage

Parking Features Driveway, Garage Faces Rear

Garage Spaces 4.0

Carport Spaces 2

Fence Cross Fenced, Wood

Pool Gunite, In Ground

Utilities Available BB/HS Internet Available, Electricity Connected, Propane, Sewer Connected, Water Connected

View Y/N No

Water Access No

View Park/Greenbelt, Trees/Woods

Roof Type Shingle

Porch Front Porch, Rear Porch, Screened

Attached Garage true

Exposure West

Garage true

Private Pool Yes

Building

Lot Description Farm, Level, Pasture, Paved, Zoned for Horses

Story 1

Entry Level One

Foundation Slab

Lot Size Range 5 to less than 10

Sewer Septic Tank

Water Well

Architectural Style Cape Cod, Florida

Structure Type Block,Concrete,Vinyl Siding

New Construction false

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.youtube.com/watch?v=SdD9j0EP4bA

Stellar MLS
Listed by Tasha Osbourne GOLDEN OCALA REAL ESTATE INC

Schools and Properties Nearby

Take a Closer Look

7137 & 7141 S MAGNOLIA AVE

Angie was absolutely amazing throughout our home-buying journey. From day one, she took the time to explain every step of the process and made sure both Jeffrey and I understood what was happening and what our options were. As first-time buyers, that guidance meant so much to us. Her communication was excellent and she was always available to answer questions, kept us informed, and made sure nothing fell through the cracks. Angie was also a fantastic negotiator. She successfully negotiated seller-paid closing costs and helped ensure that the repairs we requested were addressed, saving us both money and stress. What stood out most was how confident she made us feel throughout the entire process. She never pressured us and always took the time to help us make informed decisions that were right for our family. We truly felt like she was advocating for us every step of the way. We couldn’t have asked for a better Realtor and are so grateful for everything Angie did to help us get into our new home. We highly recommend her to anyone looking for a knowledgeable, responsive, and caring real estate professional!

Chelsea Williams

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Angie Gooden

Agent

+1(843) 576-9551 | agoodenrealtor@gmail.com

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