1485 & 1525 SE 59TH STREET, Ocala, FL, 34480 | $7,275,700

Set behind a private gate on 9+ acres sits this stunning family estate designed with style & elegance. Complete with two magnificent homes, a detached 3-car garage, and a guest home above. The first residence has 3 en-suite bedrooms, 3 full and 2 partial baths with 8, 295 SF living area. Upon entering, you will be welcomed by an impressive entrance with soaring groin-vaulted ceilings & designer lighting. The 30 X 70 oversized display room with center fireplace, built-ins, & recessed lighting to display your trophies or memorabilia. Adjoining room features built-ins for displaying additional memorabilia. The spacious executive office has solid African Padauk doors, cabinets, coffered ceilings, & a generous sitting area. Bonus room is currently used as an office/copy room. Family room & kitchen area are open to formal dining room. Gourmet chef’s kitchen is outfitted with quality custom cabinetry, top-of-the-line appliances, a center island, & granite countertops; 2 raised islands on each end for extra counter space & seating. Scullery area with cabinets, microwave, oven, dishwasher, large sink, & pantry perfect for additional storage, workspace, & prep area. Primary bedroom exudes warmth & luxury with a luxurious bathroom, dual vanities, jetted tub overlooking the beautiful grounds. The level of custom finishes throughout the estate set this property apart from the competition. Swimming pool, Jacuzzi tub, plus an outdoor kitchen with a built-in BBQ ideally situated to enjoy the serene resort-style pool area. Private underground soundproof 50-foot firing range, barrel tile roof, and crown molding.

Oversized 3 car garage with two side entry doors and half a bath. The upstairs guest house is 1, 550 SF and features a 2-bedroom 1 bath with an open kitchen-living.

Second residence features style, attention to detail, and masterful construction. Magnificent 2-story Mediterranean-style home with 6, 402 SF of living area. Upon entering the front doors, you enter a grand living room with a 26’ ceiling and custom fireplace. 3 Sets of French Doors open to a lovely patio. Owner’s suite is off the living room, with a sitting area & dual closets. Master bath boasts double-entry walk-through style shower, garden tub, and double vanities. Marble vanity tops, shower, and bathroom floors. Large office/den with custom cabinets is just off the master. Playroom or additional office-this room could be used for many purposes (exercise, hobby, craft room, etc. ). On the opposite side of the house, you will find 2 oversized bedrooms, each with walk-in closets and a private bath. Kitchen highlights beautiful custom-made wood cabinets. All appliances are stainless steel, including the 5-burner gas stove. A spacious walk-in pantry is adjacent to the kitchen, with floor-to-ceiling shelves. A wet bar with a wine fridge and ice maker is just down the hall. Nearby is the elegant dining room with a unique groin vault ceiling. A wall of French doors opens to another huge patio and drenches the family room with light. The laundry room is conveniently located next to the 3-car garage. A custom design, hand-made railing adorns the stairs. An enormous "bonus" room awaits upstairs. This room could efficiently serve as a theater, man cave, or extra private living space. There is a bar area with custom cabinets, an ice maker, and an impressive bar-style glass-door refrigerator. An inviting guest bedroom and full bath with chocolate Italian tile round out the upstairs.

Features

  • Bedrooms: 3
  • Baths: 5 full / 2 half
  • Laundry: Inside, Laundry Room
  • Style: Custom
  • Year Built: 2007
  • Garage: 2-car Circular Driveway, Driveway, Garage Door Opener
  • Heating: Central, Heat Pump
  • Cooling: Central Air, Zoned
  • Approx Sq. Feet: 8,267
  • Acreage: 9.53
  • Est. Taxes: $21,483
  • Lot Desc: Cleared, In County, Level, Oversized Lot, Street Paved, Zoned for Horses
  • Elem. School: Shady Hill Elementary School
  • Middle School: Belleview Middle School
  • High School: Belleview High School
  • Pool: Deck, Gunite, In Ground
  • Appliances: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Microwave, Range Hood, Refrigerator
  • MLS#: OM658537
  • Days on Market: 175 days
  • Website: https://www.raveis.com
    /eprop/OM658537/1485and1525se59thstreet_ocala_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 5/16/2024 5:06:18 AM)
Listing courtesy of JOAN PLETCHER   Phone: 352-804-8989

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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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1485 & 1525 SE 59TH STREET, Ocala, FL, 34480

$7,275,700

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 $5,820,560 $5,820,560 $5,820,560
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.750% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.838% 6.851% 6.915%
Monthly Tax Payment $1,790 $1,790 $1,790
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $39,214 $37,752 $51,507
Total Monthly Payment $41,129 $39,667 $53,422

* 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.