7600 S Magnolia AVENUE, Ocala, FL, 34476 | $1,075,000

Back on the market due to change in Buyer's circumstances. Still time before the holidays to call this home - it's the epitome of luxury living in this one-of-a-kind, meticulously remodeled 4, 802 sq. ft. home! Set within a serene 11. 95-acre sanctuary, a private driveway, surrounded by majestic trees, leads you to a move-in-ready haven designed for both grand gatherings and everyday comfort. The spacious eat-in kitchen boasts brand new appliances, abundant cabinets, and stunning quartz countertops. Enjoy cozy evenings by the fireplace in the sunken living room or large gatherings in the expansive 900+ sq. ft. great room, with a stunning fireplace and seamless access to the pool area for ultimate relaxation and entertainment.

Each of the four oversized bedrooms provides ample closet space, with the master suite featuring a generous walk-in closet and a luxurious ensuite bathroom with dual vanities and a large shower. The private office, complete with floor-to-ceiling bookshelves, offers an elegant space for work or study. The two-car garage includes a roomy storage area or workshop, with convenient access to the spacious backyard. The private backyard connects to a large, fully cleared paddock with water access and perimeter fencing - perfect for your four-legged family members.

Located less than 4 miles to Florida Horse Park and 14 miles to the World Equestrian Center, this estate is a short drive to hundreds of miles of trails. Embrace the perfect blend of luxury, privacy, and convenience, with proximity to Downtown, I-75, restaurants, and shopping. Recent upgrades include a new roof and windows in 2022, a new HVAC and irrigation system in 2023, and a new hot water tank in 2024. Don't miss the chance to make this exceptional property your new home in the “Horse Capital of the World”!

Features

  • Rooms: 4
  • Bedrooms: 4
  • Baths: 3 full
  • Laundry: Inside, Laundry Room
  • Year Built: 1981
  • Garage: 2-car
  • Heating: Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 4,802
  • Acreage: 11.95
  • Est. Taxes: $12,838
  • Elem. School: Shady Hill Elementary School
  • High School: West Port High School
  • Pool: In Ground
  • Appliances: Convection Oven, Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator, Water Softener
  • MLS#: OM672805
  • Days on Market: 302 days
  • Website: https://www.raveis.com
    /eprop/OM672805/7600smagnoliaavenue_ocala_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/22/2024 4:14:28 AM)
Listing courtesy of EVM TOTAL REAL ESTATE SOLUTION   Phone: 352-421-3314

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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7600 S Magnolia AVENUE, Ocala, FL, 34476

$1,075,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $860,000 $860,000 $860,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.620% 6.735% 6.806%
Monthly Tax Payment $1,070 $1,070 $1,070
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,578 $5,507 $7,551
Total Monthly Payment $6,773 $6,702 $8,746

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.