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Sold for $3,450,000
  • $3,450,000

    11408 N Magnolia Ave, Ocala, FL 34475

    3beds
    2,548sqft
    Farm
    Built in 2018
    28.62 Acres Lot
    $3,598,600 Zestimate®
    $1,354/sqft
    $2,784 Estimated rent

    Home value

    $3,598,600

    $3.42M - $3.78M

    $2,784/mo

    Zestimate® history
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    What's special

    Discover the unparalleled luxury in this exquisite 2018 custom built Triple Crown home nestled on a sprawling 28 acre estate located in the Northern part of Marion County Florida. The meticulously designed farm within the well known equine subdivision of Cherokee River and Cardinal Hill will appeal to every equine enthusiast. The three bedroom, three-bath layout offers a harmonious blend of luxury and comfort. Step outside to a walled private garden, a tranquil retreat adorned with an array of fruit trees, shrubs and elegant landscaping. The Premier Stable boasts a block center aisle 13 stall barn with several oversized stalls. The Stable is equipped with the essential amenities, wash stalls, tack room, storage and feed as well as designated run outs for some of the stalls. This Stable also has a state of the art newly completed apartment with its own dedicated outdoor living space.Comprehensive Equestrian amenities also include a fenced grass arena, viewing Gazebo, Quarantine barn, and Round Pen. This exceptional property is not just a home; its a lifestyle. Offering the perfect blend of luxurious living, equestrian facilities, and natural beauty, its designed for those who seek tranquility and elegance. Embrace the opportunity to own this piece of paradise that can be sold turn-key. Also consider the 20 acre parcel also for sale that connects to it and join them for the epitome of all Equine Estates!

    Zillow last checked:

    Listing updated:

    Listed by:

    Pamela Allen 352-502-6160,

    HORSE CAPITAL HOMES AND FARMS 352-502-6160

    Bought with:

    George De Benedicty, 0371345

    PEGASUS REALTY & ASSOC INC

    Adrian Bell, III, 3332334

    PEGASUS REALTY & ASSOC INC

    Source: Stellar MLS,MLS#: OM669884MLS LogoOriginating MLS: Ocala - Marion

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: First
    • Dimensions: 20x18
    Kitchen
    • Level: First
    • Dimensions: 27x14
    Living room
    • Level: First
    • Dimensions: 21x19
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer, Wine Refrigerator
    • Laundry: Laundry Room
    Features
    • Cathedral Ceiling(s), Ceiling Fan(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Walk-In Closet(s)
    • Flooring: Tile
    • Doors: French Doors, Sliding Doors
    • Windows: Window Treatments
    • Has fireplace: Yes
    Interior area
    • Total structure area: 3,425
    • Total interior livable area: 2,548 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Courtyard, Irrigation System, Lighting, Sidewalk
    Lot
    • Size: 28.62 Acres
    • Features: Farm, Pasture, Zoned for Horses
    Details
    • Additional structures: Barn(s), Gazebo, Workshop
    • Parcel number: 0848004004
    • Zoning: A1
    • Special conditions: None
    • Horse amenities: Round Pen

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Farm
    Materials
    • Block, Stucco
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 2018

    Utilities & green energy

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

    Community & HOA

    Community
    • Security: Security System, Smoke Detector(s)
    • Pet fee: $0 monthly
    • Subdivision: CHEROKEE RIVER RANCH ESTATE
    HOA
    • Has HOA: Yes
    Location
    • Region: Ocala

    Financial & listing details

    • Price per square foot: $1,354/sqft
    • Tax assessed value: $1,330,192
    • Annual tax amount: $7,758
    • Date on market: 12/27/2023
    • Cumulative days on market: 72 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/1/2026Listing removed$3,900,000$1,531/sqft
    Source: Stellar MLS #OM713584 Report a problem
    3/19/2026Price change$3,900,000-13.3%$1,531/sqft
    Source: Stellar MLS #OM713584 Report a problem
    1/31/2026Pending sale$4,500,000$1,766/sqft
    Source: Stellar MLS #OM713584 Report a problem
    11/15/2025Listed for sale$4,500,000+30.4%$1,766/sqft
    Source: Stellar MLS #OM713584 Report a problem
    4/2/2024Sold$3,450,000-23.3%$1,354/sqft
    Source: Stellar MLS #OM669884 Report a problem
    3/9/2024Pending sale$4,500,000$1,766/sqft
    Source: Stellar MLS #OM669884 Report a problem
    12/27/2023Listed for sale$4,500,000+80%$1,766/sqft
    Source: Stellar MLS #OM669884 Report a problem
    7/1/2020Listing removed$2,500,000$981/sqft
    Source: KELLER WILLIAMS CORNERSTONE RE #OM603812 Report a problem
    5/20/2020Listed for sale$2,500,000-10.7%$981/sqft
    Source: KELLER WILLIAMS CORNERSTONE RE #OM603812 Report a problem
    3/22/2020Listing removed$2,800,000$1,099/sqft
    Source: KELLER WILLIAMS CORNERSTONE RE #OM567872 Report a problem
    12/21/2019Listed for sale$2,800,000+300%$1,099/sqft
    Source: KELLER WILLIAMS CORNERSTONE REAL ESTATE #567872 Report a problem
    8/24/2016Sold$700,000-9.7%$275/sqft
    Source: Public Record Report a problem
    7/7/2016Pending sale$775,000$304/sqft
    Source: SHOWCASE PROPERTIES OF CENTRAL FL #427396 Report a problem
    11/25/2015Price change$775,000-7.7%$304/sqft
    Source: SHOWCASE PROPERTIES OF CENTRAL FL #427396 Report a problem
    9/28/2015Listed for sale$840,000+86.7%$330/sqft
    Source: SHOWCASE PROPERTIES OF CENTRAL FL Report a problem
    4/16/2012Sold$450,000-10%$177/sqft
    Source: Public Record Report a problem
    7/21/2004Sold$500,000$196/sqft
    Source: Stellar MLS #OM146794 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$9,211 +18.7%$476,222 +9.8%
    2023$7,759 +8.6%$433,805 +10.3%
    2022$7,147 +9.1%$393,301 +9.9%
    2021$6,551 -3.1%$357,948 -2.9%
    2020$6,758 +1.8%$368,584 +3.1%
    2019$6,640 $357,559 +52.7%
    2018$6,640 +51.8%$234,171 +0.5%
    2017$4,373 -2.7%$233,040 +6.3%
    2016$4,496 $219,186 -0.2%
    2015$4,496 +12.3%$219,523 +9.7%
    2014$4,003 +3.2%$200,195 +2.7%
    2013$3,881 -49.9%$194,998 -57.8%
    2012$7,751 +147.4%$462,385 +129.9%
    2011$3,134 -5.7%$201,121 -6.2%
    2010$3,323 -2.7%$214,464 -64.7%
    2009$3,414 +1.5%$607,306 -4.1%
    2008$3,364 -11.6%$632,986 -2.7%
    2007$3,804 -7.8%$650,679 +0.3%
    2006$4,125 -1.4%$648,861 +21.2%
    2005$4,183 $535,253 +6.1%
    2004$4,183 $504,600
    Find assessor info on the county website

    Neighborhood: 34475

    Nearby schools

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    Estimated market value
    $3,598,600
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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
    $3,598,600