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For sale
  • Price cut: $500K (5/21)
    $4,495,000

    5540 SE 157th Street Rd, Summerfield, FL 34491

    0beds
    504sqft
    : 
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    Single Family Residence
    Built in 1992
    61.67 Acres Lot
    $-- Zestimate®
    $8,919/sqft
    $794/mo HOA

    What's special

    Gated communityAuto watersMultiple tack roomsOffice spacesAmazing picturesque viewsRound penLaundry room
    This 61 + acre farm features one of the most beautiful elevations in all of Marion County! Are you dreaming of a life surrounded by nature, luxury, and top-tier equestrian facilities? Imagine waking up to the serene sounds of sandhill cranes and the sight of rolling hills adorned with numerous majestic oak trees overlooking your own private spring-fed lake, providing a tranquil canvas for your equestrian dream farm. Silverleaf Hills Equestrian Estates, a newly developed, gated community spanning over 768+ acres of breathtaking beauty and this farm is the 2nd largest in the community, adjacent to the Kentucky Derby winning training center McPeek Racing. Nestled in the heart of the community with one of the highest elevations for amazing picturesque views and several premier building sites designed for efficiency and elegance. First-Class Construction: This farm was built with commercial quality infrastructure including roads with underground drainage systems around your primary parcel, ensuring durability and ease of management for your equine operations perfectly laid out for breeding and or show farm use. Three Parcels totaling 51+ acres: 28.55 lake and pastures, 23.06 with 2 barns and 22 paddocks. covered walker and round pen. "The Twins" - TWO Classic Kentucky style Block Center Aisle Barns with 22 12x12 stalls each for a total of 42 (2 double foaling stalls), newly equipped with LED lighting and have rubber mats and wooden lower walls. The barns mirror each other between a Magnolia lined viewing lane, Multiple tack rooms, a laundry room, office spaces, a break and feed rooms, 2 breeding stocks and storage rooms and each barn equipped with fly systems. The circle drive with unloading side ramp for all rigs makes easy access . Features 19 covered paddocks with oversized three sided shelters built with steel and on concrete/clay base, with 5 board and no climb fencing and auto waters. 100 x 200 outdoor arena, round pen and a 6-horse walker within a covered building. Oversized well and 50 amp RV hookup with its down dedicated septic. Bring your own builder and create the ultimate Equestrian masterpiece.
    43 days
    |
    168
    |
    5
    |

    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

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      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: 61.67 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: $8,919/sqft
      • Tax assessed value: $881,295
      • Annual tax amount: $3,490
      • Date on market: 7/1/2025
      • Cumulative days on market: 305 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
        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
        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

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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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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