USAFLOcalaAg Non-Sub7137 & 7141 S Magnolia Avenue

7137 & 7141 , Ocala, FL

House

For Sale

Listed price in listed location currency (USD).

$1,550,000

964

MLS® OM719407

Key Facts
Description
Rooms
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 5685 sqft

Garage Yes

Taxes $4,085

Days Active 152

Lot Size 7.5 Acres

Approx. Age 2000

Avg. Price Per Sqft $272

MLS® Number OM719407

Property Address: 7137 & 7141 S Magnolia Avenue, OCALA, FL, 34476

Average square foot calculated using Size range provided by listing agent.

Description

An exceptional dual-residence estate offering a rare opportunity to live, invest, and generate income on just over 7 picturesque acres surrounded by established horse farms. Sellers are currently adding an additional driveway to provide enhanced privacy and separate access to the second residence, further increasing the property's functionality and appeal. Ideally located off Hwy 475, the property offers convenient access to the Florida Horse Park, nearby riding trails, downtown Ocala’s dining, medical facilities, and shopping, while being less than 20 minutes from the World Equestrian Center. Whether you're seeking a private family compound, multi-generational living arrangement, or an income-producing investment, this property offers unmatched versatility. With no HOA restrictions, owners have the flexibility to utilize the second residence for short-term rentals, seasonal equestrian visitors, Airbnb, VRBO, corporate housing, or extended-stay accommodations, creating an attractive opportunity to offset ownership costs while enjoying the property full-time. The main Cape Cod-style residence offers 5 bedrooms, 3 bathrooms, and 3, 423 square feet of living space. Filled with natural light and highlighted by soaring cathedral ceilings, the home captures beautiful views of the surrounding acreage from nearly every room. Recent improvements include a 2023 roof and a renovated kitchen featuring quartz countertops and newer appliances. Additional features include a gas fireplace, formal dining room, eat-in kitchen, flexible sitting area, and expansive covered porches designed for enjoying Ocala's year-round outdoor lifestyle. The second residence offers 4 bedrooms, 2 bathrooms, and 2, 262 square feet of living space with an open-concept design ideal for guests, tenants, or extended family. Features include a private swimming pool, garage, executive office, updated kitchen with quartz countertops, remodeled primary bathroom with spa-inspired finishes, a 2021 roof, and a UV water purification system. Its private setting and independent amenities make it exceptionally appealing for seasonal equestrian rentals, World Equestrian Center competitors, trainers, and visitors seeking accommodations during Ocala's busy horse season. The fully fenced property includes a 2-stall barn with tack room, feed area, storage/workshop space, and open pasture, creating opportunities for hobby farming, horses, or additional recreational use. Both homes are equipped with new water softener systems. Rarely does a property offer the ability to enjoy private country living while simultaneously generating income in one of Ocala's strongest rental markets. Combining two residences, equestrian amenities, acreage, no HOA restrictions, and a prime location near the World Equestrian Center, this is a unique opportunity for buyers seeking lifestyle, flexibility, and long-term investment potential.

MLS® NumberOM719407

Laundry LevelEnsuite

Central VacNo

FireplaceYes

Acreage

Exterior

GarageYes

Approx. Age2000

Basement

DrivewayDriveway, Garage Faces Rear

Garage Spaces

HeatCentral

A/CCentral Air

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Feb 27, 2026List Date

$1,550,000List Price

Commute

Commute

Starting Address

Destination Address

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