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9 Beds
6 Baths
5,685 sqft

$1,550,000

7137 & 7141 S MAGNOLIA AVE, OCALA FL, 34476

Price per sqft$272.65
Built in2000
Property size5,685 sqft
Property typeResidential
Courtesy of GOLDEN OCALA REAL ESTATE INC, Tasha Osbourne  Listing Contact: 352-369-6969

Overview

Active

Listed Feb 27, 2026

Updated 12 days ago

UPDATED: 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 added a driveway, pictures with updated fencing to allow a right away for the third home at the end of the cul-de-sac to provide enhanced privacy and separate access to the residences for sale, 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.

$10,312/mo

Est. mortgage payment based on a $1,550,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
OM719407

Interior Features

Bedrooms
9
Bathrooms
6
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
8.01 Acres

Other Property Details

Taxes
$4,085
Tax Frequency
Annually
Association Fee Frequency
Monthly
Garage
Yes
View
Yes
Pets Allowed
Yes
Pool
Yes
55+/Senior Community
No

Listings courtesy of Stellar MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Facet Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS. 

Based on information submitted to the MLS GRID as of 8:44 PM UTC on 10/7/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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