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For sale
  • Price cut: $200K (9/26)
    $3,195,000

    5540 SE 157TH STREET ROAD, SUMMERFIELD, FL 34491

    0beds
    504sqft
    : 
    $22,254/mo
    Get pre-qualified
    Single Family Residence
    Built in 1992
    33.12 Acres Lot
    $-- Zestimate®
    $6,339/sqft
    $794/mo HOA

    What's special

    Multiple tack roomsTwo breeding stocksOffice spaceBeautiful magnolia-lined viewing laneBreak roomsAutomatic waterersFeed rooms
    This remarkable 33+ acre farm offers one of the most beautiful elevations in Marion County, with rolling terrain, majestic mature oaks and picturesque views overlooking a lake. Located within Silverleaf Hills Equestrian Estates, a newly developed gated community encompassing more than 768 acres, and is across the street to the Kentucky Derby winning training operation of McPeek Racing race track. Positioned near the heart of the community at one of its highest elevations, the property offers multiple premier homesites with expansive views and the opportunity to bring your own builder and create a truly exceptional private equestrian estate. The farm was developed with commercial quality infrastructure and thoughtfully designed for efficient use as a breeding, training, show or private equestrian facility. Underground drainage systems, improved roads and carefully planned circulation provide durability and ease of operation throughout the property. The farm consists of two parcels totaling 33+ acres, including a 23.06-acre primary equestrian parcel featuring two impressive Kentucky style block center aisle barns known as “The Twins.” Each barn encompasses approximately 8,100 square feet, providing more than 16,200 square feet of substantial block barn construction combined. The two barns mirror one another across a beautiful Magnolia-lined viewing lane and together offer 42 stalls, including two double foaling stalls. Each barn features 12' x 12' stalls, LED lighting, rubber mats, wood-lined lower walls and fly systems, along with multiple tack rooms, laundry facilities, office space, break rooms, feed rooms, storage rooms and two breeding stocks. A circular drive with a dedicated unloading side ramp provides convenient access for large trucks and horse trailers. The equestrian improvements continue with 22 paddocks, including 19 covered paddocks featuring oversized three-sided steel shelters constructed on concrete/clay bases, five-board and no-climb fencing and automatic waterers. Additional amenities outdoor round pen and six-horse hot walker housed beneath a covered structure. The property is further enhanced by an oversized well, 50-amp RV hookup with its own dedicated septic system, mature landscaping and multiple exceptional future building sites. Whether envisioned as a premier breeding farm, show facility, training operation or luxury private equestrian estate, this property offers an extraordinary combination of established infrastructure, elevation, views and flexibility in one of Marion County's most distinctive equestrian communities. Over 16,200 square feet of block barn construction, 42 stalls, 22 paddocks and premier equestrian infrastructure are already in place bring your own builder and create the ultimate Marion County equestrian estate.
    149 days
    159
    6

    Zillow last checked:

    Listing updated:

    Listed by:

    Chandler Marks, PA 239-980-0272,

    COMPASS FLORIDA LLC 407-203-9441

    Source: Stellar MLS,MLS#: OM704718MLS LogoOriginating MLS: Orlando Regional

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 0
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: Utility Room, Storage Rooms
      Kitchen
      • Features: Tile Counters
      • Level: First
      • Area: 180 Square Feet
      • Dimensions: 12x15
      Other
      • Level: First
      • Area: 180 Square Feet
      • Dimensions: 12x15
      Heating
      • Wall Units / Window Unit
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Included: None
      • Laundry: Laundry Room
      Features
      • Ceiling Fan(s)
      • Flooring: Tile, Vinyl
      • Has fireplace: No
      Interior area
      • Total structure area: 504
      • Total interior livable area: 504 sqft
      Video & virtual tour

      Property

      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Courtyard
      • Fencing: Board,Fenced,Wood
      • Has view: Yes
      • View description: Trees/Woods, Water, Lake
      • Has water view: Yes
      • Water view: Water,Lake
      • Waterfront features: Lake Front, Lake Privileges
      Lot
      • Size: 33.12 Acres
      • Features: Farm, Pasture, Rolling Slope, Zoned for Horses
      • Residential vegetation: Mature Landscaping, Oak Trees, Trees/Landscaped
      Details
      • Additional structures: Barn(s)
      • Additional parcels included: 4764-039-000
      • Parcel number: 476425000
      • Zoning: A1
      • Special conditions: None
      • Horse amenities: Arena, Riding Ring, Stable(s)

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Block, Stucco
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1992

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: BB/HS Internet Available, Underground Utilities

      Community & HOA

      Community
      • Features: Gated Community - No Guard, Golf Carts OK, Horses Allowed
      • Pet fee: $0 monthly
      • Subdivision: SILVERLEAF HILLS
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Structure, Manager, Private Road
      • HOA fee: $794 monthly
      • HOA name: Parklane
      Location
      • Region: Summerfield

      Financial & listing details

      • Price per square foot: $6,339/sqft
      • Tax assessed value: $880,738
      • Annual tax amount: $3,490
      • Date on market: 7/1/2025
      • Cumulative days on market: 403 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Road surface type: Paved, Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/26/2026Price change$3,195,000-5.9%$6,339/sqft
        Source: Stellar MLS #OM704718 Report a problem
        9/11/2026Price change$3,395,000-3%$6,736/sqft
        Source: Stellar MLS #OM704718 Report a problem
        8/27/2026Price change$3,500,000-21%$6,944/sqft
        Source: Stellar MLS #OM704718 Report a problem
        7/7/2026Price change$4,430,000-1.4%$8,790/sqft
        Source: Stellar MLS #OM704718 Report a problem
        5/21/2026Price change$4,495,000-10%$8,919/sqft
        Source: Stellar MLS #OM704718 Report a problem
        5/12/2026Listed for sale$4,995,000$9,911/sqft
        Source: Stellar MLS #OM704718 Report a problem
        4/1/2026Listing removed$4,995,000$9,911/sqft
        Source: Stellar MLS #OM704718 Report a problem
        2/11/2026Price change$4,995,000-9.1%$9,911/sqft
        Source: Stellar MLS #OM704718 Report a problem
        1/28/2026Price change$5,495,000-7.6%$10,903/sqft
        Source: Stellar MLS #OM704718 Report a problem
        12/2/2025Price change$5,950,000-7%$11,806/sqft
        Source: Stellar MLS #OM704718 Report a problem
        11/6/2025Price change$6,395,000-1.6%$12,688/sqft
        Source: Stellar MLS #OM704718 Report a problem
        9/9/2025Price change$6,500,000-10.9%$12,897/sqft
        Source: Stellar MLS #OM704718 Report a problem
        7/1/2025Listed for sale$7,295,000$14,474/sqft
        Source: Stellar MLS #OM704718 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,598 +3.1%$204,406 +9.8%
        2024$3,490 +21.9%$186,195 +9.7%
        2023$2,864 -0.9%$169,755 -0.5%
        2022$2,890 -65.7%$170,529 -65.9%
        2021$8,427 $500,454 +73.5%
        2020-- $288,421
        Find assessor info on the county website

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 34491

        Getting around

        0 / 100
        Car-Dependent
        16 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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