12520 NW 160th STREET, Reddick, FL, 32686 | $11,995,000

This magnificent property is located in the Farmland Preservation Area of NW Ocala's esteemed horse country - 27 minutes to WEC! With 413+ acres, this beautifully maintained farm has more than can be described in just a few words. A gorgeous oak lined paved drive leads into this beautifully-maintained training facility that includes one of the only 7/8 mile tracks in the area; the track is irrigated and includes a viewing stand. There are 6 barns including a 36-stall training barn, 18-stall training barn, plus 3 barns with 24 stalls each, and one 12-stall barn. The barns feature tack/feed rooms, hay and equipment storage, wash racks, tack rooms, bathrooms, an office/pharmacy, and much more. There is also a spa building with a cold water aqua treadmill and 2 stalls; also 2 Eurosizers, a Theraplate, round pens, and storage/maintenance/workshop buildings. Accommodations include the main home on the hill with beautiful views of the track below, a "bunk house" with 3 studio apartments, an additional 3 BR/3 BA manager's residence, living quarters in some barns, and a double wide mobile home.

Features

  • Rooms: 3
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Year Built: 1959
  • Garage: 2-car
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 4,581
  • Acreage: 413.15
  • Est. Taxes: $21,576
  • Lot Desc: In County, Pasture, Zoned for Horses
  • Pool: In Ground
  • Appliances: Range, Refrigerator
  • MLS#: OM635440
  • Days on Market: 764 days
  • Website: https://www.raveis.com
    /eprop/OM635440/12520nw160thstreet_reddick_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 4/16/2024 11:03:06 AM)
Listing courtesy of OCALA HORSE PROPERTIES, LLC   Phone: 352-620-0643

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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12520 NW 160th STREET, Reddick, FL, 32686

$11,995,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

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 $9,596,000 $9,596,000 $9,596,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 7.125% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.955% 7.228% 7.082%
Monthly Tax Payment $1,798 $1,798 $1,798
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $65,462 $64,650 $85,582
Total Monthly Payment $67,385 $66,573 $87,505

* 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.