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Cape Cod, Florida
7137 & 7141 S MAGNOLIA AVENUE
OCALA , FL 34476
MLS#: OM719407
$1,695,000
Property
Beds
9
Full Baths
5
1/2 Baths
1
Year Built
2000
Sq.Footage
5,685
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.
Features & Amenities
Interior
-
Other Interior Features
Cathedral Ceiling(s), Eat-in Kitchen, High Ceilings, Stone Counters, Walk-In Closet(s)
-
Total Bedrooms
9
-
Bathrooms
5
-
1/2 Bathrooms
1
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
Yes
Exterior
-
Garage
Yes
-
Garage spaces
4
-
Construction Materials
Block, Concrete, Vinyl Siding
-
Other Exterior Features
Storage
-
Parking
Driveway, Garage Faces Rear, Attached
-
Patio and Porch Features
Front Porch, Rear Porch, Screened
-
Pool
Yes
-
Pool Features
Gunite, In Ground, Private
-
Waterfront YN
NO
-
View
Park/Greenbelt, Trees/Woods
Area & Lot
-
Lot Features
Farm, Level, Pasture, Paved
-
Lot Size(acres)
8.12
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Cape Cod, Florida
Price
-
Sales Price
$1,695,000
-
Tax Amount
$4,084.63
-
Sq. Footage
5, 685
-
Price/SqFt
$298
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Foundation Details
Slab
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Septic Tank
-
Tax Lot
-
-
Water Source
Private, Well
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Location
County
Marion
Elementary School
Middle School
High School
Listing Courtesy of Tasha Osbourne , GOLDEN OCALA REAL ESTATE INC
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Executive Assistant
Emil Garinga
Call Emil today to schedule a private showing.
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