6677 W Highway 318, Reddick, FL, 32686 | $760,000

Set among gently rolling hills and pristine Marion County countryside, this inviting farm is the perfect option for active equestrians or other agriculturally-focused buyers. Cross fenced with two gated and paved entrances, this lovely 12-acre farm is nicely private with multiple potential uses. Shaded by beautiful live oaks, the inviting log-cabin style 3-bedroom, 2-bath home features a large covered carport and porch with ramps for added accessibility. The interiors blend modern amenities with rustic finish, providing a warm and inviting atmosphere. The kitchen is incredibly well equipped with wooden cabinets for extensive storage space, expansive granite countertops, stainless steel appliances, and a large breakfast bar. Directly adjacent is the combination dining and family room, which includes a cozy wood-burning stone fireplace and plenty of space to decorate as you see fit. All three bedrooms are well-appointed, though the master suite is the true stand out with a larger layout, a huge walk-in closet with washer and dryer, and private en-suite bathroom. A set of french doors in the dining area allows for quick access to a ramp by the porch. A covered back porch features ample space for seating or outdoor dining, a built-in sink, and direct access via ramp or stairs. The home also comes equipped with a ring door camera and motion lights for added security. A Generac Generator supports the entire home in the case of a power outage, keeping things up and running with relative ease even during storms. Currently used for cattle, the farm offers a great foundation for those looking to continue this use or to potentially convert it into a working horse farm. The large pasture includes autowater and gentle shade from mature oaks, and all fencing throughout the property has recently been painted. A large 36 x 42’ pole barn is in-place with power and water, tack room with loft storage, and an RV hookup with power only. A second pole barn with power is also established for additional large equipment storage or potential conversion options. Just 2. 3 miles away from the farm is the Ocala Jockey Club, which was recently acquired by the World Equestrian Center, while Majestic Oaks Ocala is just 2. 6 miles away and Chi University is 3. 3 miles away. Conveniently located along W Highway 318, the farm provides easy access to I-75, opening up easy travel to nearby Ocala or Gainesville, or larger cities such as Orlando or Tampa. This is a wonderful opportunity for those looking to take advantage of Central Florida’s extensive agricultural resources and shouldn’t be missed!

Features

  • Rooms: 3
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside
  • Style: Cabin
  • Year Built: 1983
  • Garage: Covered, Driveway, Open
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,596
  • Acreage: 12.07
  • Est. Taxes: $1,296
  • Lot Desc: Cleared, Farm, In County, Landscaped, Zoned for Horses
  • Elem. School: Reddick-Collier Elem. School
  • Middle School: North Marion Middle School
  • High School: North Marion High School
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Dryer, Ice Maker, Microwave, Refrigerator, Washer
  • MLS#: OM667818
  • Days on Market: 361 days
  • Website: https://www.raveis.com
    /prop/OM667818/6677whighway318_reddick_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 12/20/2024 6:23:19 AM)
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NMLS Mortgage Loan Originator ID 16953

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6677 W Highway 318, Reddick, FL, 32686

$760,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $608,000 $608,000 $608,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.518%
Monthly Tax Payment $108 $108 $108
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,096 $4,041 $5,213
Total Monthly Payment $4,296 $4,241 $5,413

* 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.