Your country retreat is waiting for you! This elegant home was built in 2021 on 6. 42 acres in the heart of Ocala's Horse Country. The property is high and dry, perimeter fenced with an automated gate, and is located on a quiet, paved road just north of CR 316. The current owners have selectively cleared the woods surrounding the home and outbuildings; leaving trees around the perimeter for privacy. The woods are a mix of hardwoods and softwoods and include multiple larger oaks with one located a short distance behind the home, just waiting to be showcased. You will even find a few citrus trees. The property has good and useful elevation, drains well, and the woods can easily be converted to horse pasture. Upon entering the home you will discover an open floor plan with 10' ceilings, luxury vinyl floors throughout, electric fireplace, and a thoughtfully designed chef's kitchen. You'll appreciate the induction range, farmhouse sink, 100% brass hardware, handmaid tile backsplash, and quartz countertops. The large, 24'6" x 12' rear porch provides a wonderful outdoor space for recharging in the natural environment. Two additional structures on the property include an accessory building with electric that is currently being used for storage and a workshop and would also function well as a tack room and feed room. The second structure currently provides cover for a boat and a storage closet for watersport gear. If you are seeking a property with easy access to Marion County's equestrian competition and training facilities you've found it! This parcel is 2. 7 miles to Sweet Dixie South, 5. 8 miles to the Ocala Jockey Club, 10. 2 miles to Majestic Oaks, 12. 2 miles To HITS, and 17. 2 miles to the World Equestrian Center.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $488,000 | $488,000 | $488,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.295% | 7.421% | 6.644% |
Monthly Tax Payment | $466 | $466 | $466 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,288 | $3,329 | $4,218 |
Total Monthly Payment | $3,846 | $3,887 | $4,776 |
* 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.