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7137 & 7141 S Magnolia Ave, Ocala, FL, 34476

9beds
6baths
5,685sqft
$1,550,000
$273price/sqft
$10,332/moest. monthly cost
$413,280/yrincome needed

About This Home

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.

Getting Around

6
WalkingCar-Dependent
0
TransitNo Nearby Transit
21
BikeSomewhat Bikeable

Schools

6/10
7/10
Belleview Middle SchoolGrades 6-84.1 mi
3/10
Belleview High SchoolGrades 9-123.8 mi

Construction

Condition

  • Year built: 2000

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Block,Concrete,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cape Cod,Florida
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Dryer,Electric Water Heater,Microwave,Range,Refrigerator,Washer
  • Laundry features: Inside,Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1

Features

  • Cathedral Ceiling(s),Ceiling Fan(s),Eating Space In Kitchen,High Ceilings,Primary Bedroom Main Floor,Solid Wood Cabinets,Split Bedroom,Stone Counters,Thermostat,Walk-In Closet(s),In-Law Floorplan
  • Door features: Sliding Doors
  • Window features: Blinds,Window Treatments
  • Flooring: Carpet,Laminate,Tile,Hardwood
  • Fireplace features: Gas,Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 8,101
  • Total interior livable area: 5,685 sqft

Kitchen

  • Level: First
  • Area: 208
  • Dimensions: 13x16

Living Room

  • Level: First
  • Area: 840
  • Dimensions: 30x28

Primary Bedroom

  • Features: Walk-In Closet(s)
  • Level: First
  • Area: 280
  • Dimensions: 14x20

Property

Details

  • Parcel number: 3634200601
  • Zoning: A1
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Private pool: Yes
  • Pool features: Gunite,In Ground
  • Patio & porch: Front Porch,Rear Porch,Screened
  • Exterior features: Irrigation System,Private Mailbox,Storage
  • Fencing: Cross Fenced,Wood
  • Has view: Yes
  • View description: Park/Greenbelt,Trees/Woods
  • Residential vegetation: Mature Landscaping,Trees/Landscaped

Lot

  • Lot size: 8.01 Acres
  • Features: Farm,Level,Pasture,Zoned for Horses

Parking

  • Total spaces: 5
  • Parking features: Driveway,Garage Faces Rear
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 5
  • Has uncovered spaces: Yes
  • Carport: Yes
  • Carport spaces: 1