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Located on scenic Highway 40 in Dunnellon, outside of Ocala, this 190+ acre property offers potential for those looking to take advantage of this property's coveted location and natural setting. At the middle of the acreage rests the property's residence, with a stunning 3-bedroom, 2. 5-bath ranch-style home. A large, covered porch at the front of the home provides a stunning and welcoming entrance. Stepping inside, the tasteful interiors of the home feature an open floor plan with high 12' ceilings, crown molding, and ceramic wood-look tile throughout. The main living area is generously spacious, with built-in bookshelves and a floor-to-ceiling brick wood-burning fireplace. Directly overlooking the living area is the gourmet kitchen that comes with custom wood glass-front cabinets with lighting, ample counter space, stainless steel appliances, stainless steel vent hood, center island, and breakfast bar with brick accents that match the fireplace. All bedrooms are spacious and bright, but the master suite is a true oasis with a walk-in closet and a private en-suite with glass-door shower, garden tub, and dual vanities. The home also includes a well-situated private home office and additional game room with unlimited potential that has doors that lead to the back patio. To round off the home's many features there is a large indoor laundry room and additional hallway cabinetry for storage. A set of French doors located in the main living area leads out onto the stunning covered patio which showcases matching ceramic tile flooring, wood-paneled ceilings, ceiling fans, and an inviting wood-burning fireplace. This space has plenty of potential for future inclusions, as it also has been plumbed and wired for an outdoor kitchen. The property features over 3, 000 ft. of road frontage along Highway 40, with roughly 29-acres cleared along the highway. Customize this property into your legacy family farm. This Florida landscape has ample deer, turkey and other wildlife and is a Certified Quail plantation. There is also a large equipment barn on property with ample space for toys, tractors and more. Just 3/4 of a mile from the headspring of the Rainbow River State Park, this property is a jewel just 10 miles from the renowned World Equestrian Center in Ocala. If you're looking for your slice of Central Florida countryside with ample opportunity for further customization and development, this is a great investment to consider.
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William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,120,000 | $3,120,000 | $3,120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.751% | 6.666% |
Monthly Tax Payment | $58 | $58 | $58 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $18,957 | $19,978 | $27,179 |
Total Monthly Payment | $19,140 | $20,161 | $27,362 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.