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Sold for $1,400,000
  • $1,400,000

    11407 N Magnolia Ave, Ocala, FL 34475

    3beds
    3,012sqft
    Farm
    Built in 2001
    12 Acres Lot
    $1,397,600 Zestimate®
    $465/sqft
    $3,001 Estimated rent

    Home value

    $1,397,600

    $1.29M - $1.51M

    $3,001/mo

    Zestimate® history
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    What's special

    Newly finished homeMudroom with half bathImpressive open layoutDining areaAll new appliances
    One or more photo(s) has been virtually staged. Back On The Market and Major Price Adjustment. Our loss is your gain, you won't find another home like this newly finished home with all new appliances . All permits have been closed and it is ready for its new owners. This amazing farm is located in a no flood zone area and part of the Cardinal Hill, Cherokee River subdivision. This highly sought after area is popular with its expansive bridle paths and trail system throughout the 300+ acres exclusively for equestrians, and, no HOA! The Heart of this home lies an exclusive Kitchen that is a chef’s dream. Equipped with a state-of-the-art features that are unlike anything you’ve ever encountered, be prepared to be amazed. This home designed for modern lifestyles features an impressive open layout that includes dedicated office/library and dining area. Enhancing the homes functionality is a stylish Butler’s Pantry, perfect for keeping your kitchen clutter free when entertaining. Another added feature is a Mudroom with half bath and Laundry with separate outside entry, this also seamlessly joins the 2 car garage that is climate controlled and permitted to be extra living area if new owner wishes to finish. The 12 acres of high and dry land has new perimeter fencing with no -climb and also a new dedicated entrance to your future barn, Site with pad has already been laser graded, and electric is nearby. Set privately to the rear of the property, lets not forget and often left out on farm properties is the 130 x 260 new professionally installed arena, you will never miss a day of riding or training due to puddles! The footing is natural with a base to build upon that will suit any discipline. With these and too many more to list outstanding amenities, this home perfectly balances elegance and practicality, making it an ideal choice for those seeking luxury and functional living and lifestyle here in Ocala Florida! Put this home on the top of your list to come see , you won’t be disappointed .

    Zillow last checked:

    Listing updated:

    Listed by:

    Pamela Allen 352-502-6160,

    HORSE CAPITAL HOMES AND FARMS 352-502-6160

    Bought with:

    Carrie Meo, 3590723

    BHHS FLORIDA PROPERTIES GROUP

    Source: Stellar MLS,MLS#: OM714298MLS LogoOriginating MLS: Ocala - Marion

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Den/Library/Office, Garage Apartment, Utility Room
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: First
    • Area: 240 Square Feet
    • Dimensions: 15x16
    Kitchen
    • Level: First
    • Area: 288 Square Feet
    • Dimensions: 12x24
    Living room
    • Level: First
    • Area: 483 Square Feet
    • Dimensions: 23x21
    Heating
    • Electric, Heat Pump, Zoned
    Cooling
    • Central Air, Ductless
    Appliances
    • Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator, Water Softener, Wine Refrigerator
    • Laundry: Inside, Laundry Room
    Features
    • Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
    • Flooring: Carpet, Tile, Hardwood
    • Doors: French Doors
    • Windows: Skylight(s)
    • Has fireplace: Yes
    • Fireplace features: Circulating, Electric, Living Room
    Interior area
    • Total structure area: 3,012
    • Total interior livable area: 3,012 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: Accessible Approach with Ramp
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Lighting, Private Entrance, Private Mailbox, Rain Gutters, Sidewalk, Storage
    • Fencing: Board,Wire
    Lot
    • Size: 12 Acres
    • Features: Cleared, Farm, Level, Oversized Lot, Pasture, Zoned for Horses
    • Residential vegetation: Oak Trees
    Details
    • Additional structures: Other, Shed(s)
    • Parcel number: 0848005001
    • Zoning: A1
    • Special conditions: None
    • Horse amenities: Arena

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Custom
    • Property subtype: Farm
    Materials
    • Block, Stucco
    • Foundation: Slab
    • Roof: Metal
    Condition
    • Completed
    • New construction: No
    • Year built: 2001
    Details
    • Builder name: Triple Crown

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Electricity Connected, Underground Utilities

    Community & HOA

    Community
    • Security: Security Gate, Security Lights, Smoke Detector(s)
    • Pet fee: $0 monthly
    • Subdivision: CARDINAL HILL COMPLEX
    HOA
    • Has HOA: No
    Location
    • Region: Ocala

    Financial & listing details

    • Price per square foot: $465/sqft
    • Tax assessed value: $739,597
    • Annual tax amount: $5,120
    • Date on market: 11/29/2025
    • Cumulative days on market: 130 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/29/2026Sold$1,400,000-11.7%$465/sqft
    Source: Stellar MLS #OM714298 Report a problem
    5/4/2026Pending sale$1,585,000$526/sqft
    Source: Stellar MLS #OM714298 Report a problem
    3/14/2026Listed for sale$1,585,000-29.6%$526/sqft
    Source: Stellar MLS #OM714298 Report a problem
    2/16/2026Listing removed$2,250,000$747/sqft
    Source: Stellar MLS #OM714298 Report a problem
    2/3/2026Price change$2,250,000-10%$747/sqft
    Source: Stellar MLS #OM714298 Report a problem
    11/29/2025Listed for sale$2,500,000+212.5%$830/sqft
    Source: Stellar MLS #OM714298 Report a problem
    7/12/2024Sold$800,000-10.6%$266/sqft
    Source: Stellar MLS #OM679021 Report a problem
    6/5/2024Pending sale$895,000$297/sqft
    Source: Stellar MLS #OM679021 Report a problem
    5/21/2024Listed for sale$895,000+147.2%$297/sqft
    Source: Stellar MLS #OM679021 Report a problem
    5/30/2003Sold$362,000+370.7%$120/sqft
    Source: Public Record Report a problem
    5/31/2002Sold$76,900$26/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,238 +2.3%$354,800 +3%
    2023$5,121 +2.7%$344,466 +3%
    2022$4,988 -0.1%$334,433 +3%
    2021$4,995 +0.7%$324,692 +1.4%
    2020$4,958 +1.4%$320,209 +2.3%
    2019$4,891 $313,010 +1.9%
    2018$4,891 +7.8%$307,174 +2.1%
    2017$4,536 +0.5%$300,856 +2.1%
    2016$4,514 $294,668 +0.7%
    2015$4,514 +6.3%$292,620 +0.8%
    2014$4,247 +2.9%$290,298 +1.6%
    2013$4,128 +2.1%$285,781 +1.7%
    2012$4,045 -5.9%$281,004 -5.3%
    2011$4,298 -4%$296,703 -4.2%
    2010$4,476 -6.6%$309,803 -8.7%
    2009$4,790 +1.9%$339,176 +0.1%
    2008$4,702 -0.7%$338,838 +3.4%
    2007$4,736 -7.1%$327,702 +2.5%
    2006$5,101 -2.6%$319,710 +3%
    2005$5,238 $310,399 +3%
    2004$5,238 +114.2%$301,360 +17.6%
    2002$2,445 $256,286
    Find assessor info on the county website

    Neighborhood: 34475

    Nearby schools

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    Estimated market value
    $1,397,600
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,397,600