Price Reduction - Views - New Construction
Address
5360 SE 159 LANE, SUMMERFIELD, FL
Price
$ 785,000
Property Attributes
  • MLS#OM677883
  • TypeLand
  • CountyMARION
  • CitySUMMERFIELD
  • AreaSummerfield
  • NeighborhoodSilverleaf Hills
  • Zip34491
  • Style
  • Taxes$ 61
  • Price$ 785,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size16.31 Acres
Data Source:
Stellar MLS
Property Description

Build your dream home, horse ranch, in the same neighborhood as the 2024 Kentucky Derby winner! NEW 200 AMP electric service WITH 50 AMP RV hookup. New 3HP well and all new 4 board fencing. Embark on a unique equestrian adventure with this unparalleled opportunity to acquire a majestic plot within the newly-established Silverleaf Hills - a pristine, gated Equestrian Community that breathes sophistication and functionality for horse lovers, your dream equestrian lifestyle is within arm’s reach. Silverleaf Hills, gracefully unfolding over 765 acres, with riding bridle trails and deeded access throughout the whole community, unveils an enchanting canvas of rolling hills, crystalline spring-fed lakes, and mesmerizing views that serve as the backdrop for your equestrian endeavors. The community boasts secure gated access, meticulously paved streets, underground utilities, and sensible deed restrictions, encapsulating a harmonious blend of beauty and convenience. Your prospective 2/3 cleared property is attentively fully fenced and cross-fenced with secure no-climb and handsome 4-board fencing, providing a safe haven for your equine companions. The interior boasts three generously-sized 80'x200' arena-sized paddocks, each meticulously designed with equine no-climb and 4-board fencing to facilitate your horse's free movement and exercise. Enjoy the luxury of immediate access to crystal-clear water, courtesy of a newly-installed high-output 3HP well. The property invites you to immerse yourself in the delightful embrace of nature with majestic Granddaddy Oaks sprinkled across the landscape, while the community allows for the construction of barns prior to residences, truly reflecting its equestrian-centric vision. Positioned strategically, Silverleaf Hills offers swift connectivity to equestrian landmarks, being a mere 25-minute drive from the World Equestrian Center in Ocala, 10 minutes from the revered Florida Horse Park, and conveniently adjacent to The Villages, Florida. With entrances accessible from both US 301 and Hwy 42 and nearly 700 feet of paved road frontage, the property promises ease of access for its future owners. Within this extraordinary community, observe the rise of elegant custom homes, each echoing a narrative of luxury and style, with several currently under construction. Engage in tranquil horse rides with over the whole property's bridle path easements dedicated for your riding delight, and revel in a setting where every detail is meticulously crafted, reflecting a commitment to excellence in equestrian living. This must-see property is not just a piece of land; it is a gateway to a refined equestrian lifestyle where your vision of a perfect equestrian home can come to life amidst a community that shares your passion and sophistication. Seize this opportunity to craft a legacy of equestrian excellence at Silverleaf Hills.

Price History
5/2/2024 Listed $795,000
6/3/2024 2% - $785,000

General Features

Sewer Septic Needed
Utilities Electricity Available,Private,Water Available
Zoning A1
HOA 538
Association Fee Includes Escrow Reserves Fund,Maintenance Grounds,Private Road
Security Features Gated Community
Pets Allowed Yes
View Garden,Trees/Woods
Tax Year 2023
Current Use Cattle,Horses
Percent Ownership Fee Simple
Community Features Deed Restrictions,Gated Community - No Guard,Golf Carts OK,Horses Allowed
Assoc Fee Paid Per Quarterly
County Marion
Property Type Land
Association Amenities Gated,Maintenance,Other,Trail(s)
HOA / Comm Assn Yes
Subdivision Name SILVERLEAF HILLS
Facing Direction North
Status Active
Directions From Ocala,head South on US 301/US 441 to Belleview,slight right onto US 301. Property is on the right,double dark green gates just after 15400 US 301.
ModificationTimestamp 2024-06-01T18:29:18.933Z
City SUMMERFIELD
Buyer Agent Compensation 3.5%
Association Name Parklane Real Estate Services,Dora Steed
View Y/N Yes
MLS Area 34491 - Summerfield
Lot Size Units Acres
Lot Size Square Feet 710464
Waterfront Y/N No
Tax Annual Amount 61.7
Additional Parcels Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/stellar/OM677883
Days on Market 30
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Legal Description SEC 25 TWP 17 RGE 22 BCC EASEMENT BOOK 1 PAGE 24 MAP BOOK 002 PAGE 312 SILVERLEAF HILLS TRACT 33 DESC AS FOLLOWS: BEGIN AT THE N 1/4 COR OF SEC 25,TWP 17 S,RGE 22 E; TH N 00-02-20 E ALG THE W BDY OF
Water Access Y/N No
Monthly HOA Amount 179.33
Water View Y/N No
Flood Zone Code X

Exterior Features

Vegetation Oak Trees,Trees
Fencing Board,Cross Fenced,Other
Lot Features Buildable,Farm,In County,Pasture,Zoned for Horses
Water Source Well
Lot Size Area 16.31
Lot Dimensions 661 x 1075
Lot Size Acres 16.31
Road Surface Type Paved,Asphalt
Road Frontage Type Street Paved,Private Road
Number of Lots 1
Road Responsibility Private Maintained Road
Horse Amenities Other

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 34491

Price
AVG $530K
$790K
Taxes
AVG $1,306
$61
Visits
AVG 553
310
Data Provided by Inside Real Estate®

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