3825 NW 160th STREET, Reddick, FL, 32686 | $2,200,000

Exceptional Investment Opportunity!
Located in the prestigious NW Marion County area, this property is 25 minutes from the World Equestrian Center, Ocala Breeders Sales, and the Ocala Jockey Club, with easy access to I-75 for traveling and conveniently located near additional amenities.
This 36+/- acre equestrian facility features a main residence, two barns with a total of 48 stalls each, a 5/8+/- mile racetrack, a ½ mile inner turf track, a six-horse starting gate, a track viewing stand, and a fully stocked pond with dock.

The charming residence boasts a light and airy open floor plan with three bedrooms and two bathrooms. The formal living area includes a double-sided, wood-burning stone fireplace and built-in bookcases. The home also features a family room, a formal dining room, and a kitchen with recessed ceilings throughout the main living areas. The kitchen is equipped with ample cabinets, a gas stove, a built-in double oven, and a raised countertop seating area. The family room and dining area showcase double-recessed high cathedral ceilings and large windows that provide access to the rear patio. The spacious owner’s suite features an ensuite bath with a vanity, a Jacuzzi tub, and a shower.

The backyard serves as the ultimate retreat, complete with a private saltwater pool and spa, perfect for cooling off on hot days. There is ample space for sunbathing, lounging, and hosting gatherings with friends and family, making it ideal for summer parties and evening get-togethers. Beautifully maintained gardens and greenery create a serene and inviting atmosphere.

The equestrian facilities include a 60-foot Eurociser hot walker with a water system and crushed rubber footing, a Theraplate stall, barns feature offices/tack rooms and restrooms, LED lighting, and four brand-new wash racks. A large workshop with an air-conditioned break room, a storeroom equipped with a washer and dryer, an ice maker, and all necessary tools. Additional improvements to the property include an employee RV and new four-board fencing, 30 lush green paddocks, and pastures of various sizes.

Don’t miss this rare opportunity to own a stunning equestrian facility in a prime location! Whether you're an avid horse enthusiast or looking for a fantastic investment, this property has everything you need and more. Schedule your private tour today and envision the incredible possibilities awaiting you here! Contact us for more details and to make this dream property yours.

Features

  • Rooms: 3
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside
  • Year Built: 1978
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,515
  • Acreage: 36.92
  • Est. Taxes: $5,713
  • Lot Desc: Farm, Landscaped, Pasture, Zoned for Horses
  • Elem. School: Reddick-Collier Elem. School
  • Middle School: North Marion Middle School
  • High School: North Marion High School
  • Pool: Gunite, In Ground, Lighting, Salt Water
  • Appliances: Built-In Oven, Convection Oven, Dishwasher, Range, Refrigerator
  • MLS#: OM689836
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/OM689836/3825nw160thstreet_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 11/21/2024 5:32:25 PM)
Listing courtesy of JOAN PLETCHER   Phone: 352-804-8989

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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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3825 NW 160th STREET, Reddick, FL, 32686

$2,200,000

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 $1,760,000 $1,760,000 $1,760,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.750% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.864% 6.810%
Monthly Tax Payment $476 $476 $476
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $11,269 $11,415 $15,453
Total Monthly Payment $11,870 $12,016 $16,054

* 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.