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5540 SE 157TH STREET ROAD #(Option 1), Summerfield, FL, 34491

0beds
1baths
540sqft
$2,990,000
$5,537price/sqft
$18,991/moest. monthly cost
$759,640/yrincome needed

About This Home

This 23 + acre farm features one of the most beautiful elevations in all of Marion County! Bring your horses and cows! Are you dreaming of a life surrounded by nature, luxury, and top-tier equestrian facilities? Imagine waking up to the serene sounds of sandhill cranes and the sight of rolling hills adorned with numerous majestic oak trees providing a tranquil canvas for your equestrian dream farm. Silverleaf Hills, a newly developed, gated community spanning over 768+ acres of breathtaking beauty and next door to Kentucky Derby wining training center McPeek Racing. Nestled in the heart of the community with amazing picturesque views and premier building sites designed for efficiency and elegance. First-Class Construction: This farm was built with commercial quality infrastructure including roads with underground drainage systems around your primary parcel, ensuring durability and ease of management for your equine operations. TwPar Featuring 23.06 with 2 barns and 22 paddocks, covered walker and round pen. "The Twins" - TWO Classic Kentucky style Block Center Aisle Barns with 22 12x12 stalls each for a total of 42 (2 double foaling stalls), newly equipped with LED lighting and have rubber mats and wooden lower walls. The barns mirror each other between a Magnolia lined viewing lane, Multiple tack rooms, a laundry room, office spaces, a break and feed rooms, 2 breeding stocks and storage rooms and each barn equipped with fly systems. The circle drive with unloading side ramp for all size and semi rigs easy access . Features 19 covered paddocks with oversized three sided shelters built with steel and on concrete/clay base, with 5 board and no climb fencing and auto waters, round pen and a 6-horse walker within a covered building. Oversized well and 50 amp RV hookup with its own dedicated septic. Bring your own builder and create the ultimate Equestrian masterpiece with spectacular primary sites along with several sites for guest houses and cottages. Nearby to Publix, Costco and dozens of restaurants! Adjacent acreage opportunities may also be available, creating the potential for an expanded estate, equestrian facility, or multi-parcel family compound available to combine up to 61 + acres total!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
16
BikeSomewhat Bikeable

Schools

2/10
7/10
Belleview Middle SchoolGrades 6-85.6 mi
3/10
Belleview High SchoolGrades 9-125.9 mi

Construction

Condition

  • Year built: 1992

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Brick,Stucco

Type & Style

  • Home type: SingleFamily
  • Property subType: Farm

Interior

Appliances

  • Appliances included: None
  • Laundry features: Laundry Room

Bedrooms & Bathrooms

  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • None
  • Flooring: Tile,Vinyl

Heating & Cooling

  • Heating features: Wall Units / Window Unit
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 540
  • Total interior livable area: 540 sqft

Kitchen

  • Features: No Closet
  • Level: First
  • Area: 180
  • Dimensions: 12x15

Other

  • Features: No Closet
  • Level: First
  • Area: 180
  • Dimensions: 12x15

Property

Details

  • Parcel number: 476439000
  • Zoning: A1
  • Special condition: None
  • Horse amenities: Round Pen,Stable(s)

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Courtyard
  • Fencing: Board,Wire,Wood
  • Residential vegetation: Mature Landscaping,Oak Trees,Trees/Landscaped

Lot

  • Lot size: 23.06 Acres
  • Lot size dimensions: 948 x 1060

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Hurricane
Lightning
Tornado
Cold Wave
Heat Wave
Strong Wind
Wildfire

FEMA Declared Disasters in Marion County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $15,119$181,428
Home Insurance *$1,881$22,572
Property Taxes $1,794$21,528
Electricity $197$2,366
Total$18,991$227,892
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$651,120/yr
40% on housing$569,730/yr
45% on housing$506,426/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 16.1%
16.1%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 5.6%
5.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$5,537This listing

vs Other Active Listings

Avg $/sqft

ZIP 34491$182
Marion County$207

vs Homes Sold Last Month

Median $/sqft

ZIP 34491$176
Marion County$168

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-07Price change$2,990,000
2026-05-21Price change$3,295,000
2026-05-12Listed for sale$3,495,000
2026-05-01Listing removed$3,495,000
2026-04-30Price change$3,495,000
2026-03-19Price change$3,695,000
2026-03-05Price change$4,000,000
2026-02-11Price change$3,995,000
2026-01-28Price change$4,495,000
2025-12-27Price change$4,695,000
2025-12-02Price change$4,850,000
2025-10-30Price change$4,950,000
2025-10-19Listed for sale$5,375,000

For Sale by Agent

AgentChandler Marks, PA
BrokerageCOMPASS FLORIDA LLC

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