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Off market
  • Price Unknown

    0 NE 16th Ter Ter Lot B-3, Ocala, FL 34479

    --beds
    0baths
    2.16Acres
    VacantLand
    Built in ----
    2.16 Acres Lot
    $-- Zestimate®
    $--/sqft
    $1,290 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,290/mo

    Zestimate® history
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    Owner options

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    $1,290/mo

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    Rent Zestimate®

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    $388/mo

    Est. payment

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    $388/mo

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    What's special

    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.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Originating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Electric

    Property

    Lot
    • Size: 2.16 Acres
    • Dimensions: 398x235
    Details
    • Zoning: A1

    Utilities & green energy

    • Sewer: Septic Needed
    • Water: Well Required
    • Utilities for property: Electricity Available

    Community & HOA

    Community
    • Subdivision: JUMBOLAIR AVIATION ESTATE
    HOA
    • Has HOA: Yes
    • Amenities included: Airport/Runway
    • HOA fee: $388 monthly
    Location
    • Region: Ocala

    Financial & listing details

    • Annual tax amount: $2,103
    • Listing terms: Cash, Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    12/28/2020Sold$200,000-6.9%
    Source: Stellar MLS #A4448149 Report a problem
    12/17/2020Pending sale$214,900
    Source: PREMIER SOTHEBYS INTL REALTY #A4448149 Report a problem
    9/17/2020Price change$214,900-4.4%
    Source: PREMIER SOTHEBYS INTL REALTY #A4448149 Report a problem
    3/21/2020Price change$224,900-25%
    Source: Premier Sotheby's International Realty #A4448149 Report a problem
    10/14/2019Listed for sale$299,900
    Source: Premier Sotheby's International Realty #A4448149 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 34479

    Nearby schools

    GreatSchools rating