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7137 & 7141 S MAGNOLIA AVENUE

House For Sale
$1,550,000

BTC: 24.14721012

ETH: 879.21313261

-$145K (2026/04/21)
115 days
9 bds
5 ba
5,685 sqft

Overview

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.

Location

Florida OCALA 34476 House For Sale

Details

Type:
Residential
Parking:
Driveway / Garage Faces Rear
Year Built:
2000
Lot:
7.50 Acres
Heating:
Central
Price/sqft:
$273
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$4,084
2025
Pool
Gunite
View
Park/Greenbelt, Trees/Woods
Garage
4 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Laminate

    • Tile

    • Hardwood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Cooktop

    • Dishwasher

    • Dryer

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior 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)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 9

    • Bathrooms: 1

    • Full bathrooms: 5

  • Parking

    • Driveway

    • Garage Faces Rear

    Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: Irrigation System / Private Mailbox / Sliding Doors / Storage

    Lot

    • Lot: 7.50 Acres

    Other Property Information

    • Parcel Number: 3634200601

    • Zoning: A1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • BB/HS Internet Available

    • Electricity Connected

    • Propane

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $4,085

  • Source details

    • MLS ID: OM719407

    Other facts

    • Construction Materials: Block / Concrete / Vinyl Siding

    • Foundation Details: Slab

    • Fireplace Features: Gas / Living Room

    • Laundry Features: Inside / Laundry Room

    • Lot Features: Farm / Level / Pasture / Zoned for Horses

    • Patio And Porch Features: Front Porch / Rear Porch / Screened

    • Pool Features: Gunite / In Ground

    • Window Features: Blinds / Drapes / Window Treatments

    • Direction Faces: West

    • Other Structures: Additional Single Family Home / Barn(s) / Guest House / Other / Workshop

    • Architectural Style: Cape Cod / Florida

    • Fireplace: Yes

    • Garage Spaces: 4

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 5685

    • Water Source: Well

    • Subdivision Name: AG NON-SUB

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: GOLDEN OCALA REAL ESTATE INC