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0 NE 16TH TERRACE Lot B-3

Lots/Land Recently Sold
$200,000

BTC: 2.38620772

ETH: 75.47169811

Sold on: 2020-12-28
435 days
0 room(s)

Overview

Forget Flying Commercial, Fly from your back door! Welcome to the largest and most exclusive aviation community in the world, Jumbolair. 7550 x 200 paved runway with GPS approach, and 3640 x 100 grass runway. Originally owned by Muriel Vanderbilt Adams, an American socialite and great-great-granddaughter of railroad and shipping magnate Cornelius Vanderbilt. Muriel Vanderbilt owned 80 acres surrounding the mansion where she bred thoroughbreds in the 1960s and '70s. The property was the birthplace of Eclipse champion and U.S. Racing Hall of Fame inductee Desert Vixen. However, the legend of Jumbolair really began in 1980 with the eccentricity of Arthur Jones, inventor of Nautilus exercise equipment, when he and his wife Terri purchased the estate and an additional 450 acres. They added the runway and the warehouse facilities. In 1989, Terri took over and helped develop the aviation community. An accomplished pilot type rated in everything from a Citation to a 747. Her plans for the community were born out of her love for aviation. In 2013, Mr. Merschman acquired the property, took the remaining aviation estate lots off the market and ended the B&B. He built his own estate and kept the property private, except for an occasional event where owners of exotic cars use the runway as a drag strip. Situated in Ocala, FL, Jumbolair's rolling hills and sprawling oaks seem in direct contrast to its large 7,550-foot runway. The homesites have separate roads and taxiways. This community will exceed your expectations.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
2.16 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
$388

Highlights

Annual tax
$2,102
2019
HOA
$388/mo
Pets
Allowed
All facts and features
  • Lot

    • Lot: 2.16 Acres

    Other Property Information

    • Parcel Number: 1459800203

    • Zoning: A1

  • Type and style

    • Property Type: Land

  • Utility

    • Electricity Available

  • Other financial information

    • HOA: $388

    • HOA Frequency: Monthly

    • Annual tax amount: $2,103

  • Source details

    • MLS ID: A4448149

    Other facts

    • Water Source: Well Required

    • Lot Size Dimensions: 398 x 235

    • Subdivision Name: JUMBOLAIR AVIATION ESTATE

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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: PREMIER SOTHEBYS INTL REALTY