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Cape Cod, Florida

7137 & 7141 S MAGNOLIA AVENUE

OCALA, FL 34476

MLS#: OM719407

$1,550,000

Status: Active
Listing number: OM719407
Listing provided by: GOLDEN OCALA REAL ESTATE INC
Listing agent phone: None
Last update: 4 days ago
On site: 2 months ago
Browse Properties
AG NON-SUB - Residential

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 driveway for enhanced access, this exceptional multi-residence/multi-generational estate offering 2 homes an even more compelling opportunity on just over 7 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)

    7.5

  • Lot Size(square feet)

    348916.0

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Cape Cod, Florida

Price

  • Sales Price

    $1,550,000

  • Tax Amount

    $4,084.63

  • Sq. Footage

    5, 685

  • Price/SqFt

    $272

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • New Construction

    NO

  • Foundation Details

    Slab

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Septic Tank

  • Tax Lot

    -

  • Water Source

    Private, Well

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Marion

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Listing Courtesy of Tasha Osbourne , GOLDEN OCALA REAL ESTATE INC

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Now reintroduced to the market with thoughtful improvements, including the addition of a driveway for enhanced access, this exceptional multi-residence/multi-generational estate offering 2 homes an even more compelling opportunity on just over 7 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.

7137 & 7141 S MAGNOLIA AVENUE

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