14840 W HIGHWAY 40, Ocala, FL, 34481 | $9,750,000

This exquisite 244. 23 +/- acre horse training facility offers a turnkey equestrian experience! Located in NW Marion County, only 10 miles from the World Equestrian Center and 10 miles to OBS Sales.
The training facility is complete with 6 Barns- 198 Stalls consisting of a (2) 40-stall center aisle barns, a 38-stall shed row barn, a 24-stall shed row barn, a 30-stall shed row barn, and a 26-stall shed row barn. This property would work for any discipline.
Opportunity to train your horses on either dirt or turf surfaces. 1 +/-mile irrigated dirt racetrack, plus there is a 7/8 mile +/- turf track. Enjoy watching your horses from the viewing stand.
Watching Park Farm, horse property, is a horse trainer’s dream with all the amenities needed for your equestrian operation. Amenities on the farm include an Equestrian swimming pool with a deck and PVC fenced exterior for safety, (7) European walkers, (12) round pens, (3) riding arenas, (42) lush green paddocks, automatic waterers, an office, (2) workshops/storage buildings, a gated entrance, underground piping for water/sewer lines, and ornamental landscaping.
The property is fenced and cross-fenced with 4 and 5-board fencing. The property has beautiful building sites to build your dream home overlooking the farm.
The equestrian facilities are top-notch, with all the amenities needed for top-quality thoroughbred or the breed of your choice equestrian training operations. The farm has a rich history of graduates, which includes 1 horse of the year, 7 Eclipse champions, 2 Kentucky Derby winners, 3 Preakness winners, 1 Belmont winner, 9 Breeders Cup winners, 43 individual Grade 1 winners, and a vast number of Grade 2 & Grade 3 winners.

Features

  • Baths: 1 full
  • Laundry: None
  • Style: Other
  • Year Built: 2005
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,008
  • Acreage: 244.23
  • Est. Taxes: $11,072
  • Elem. School: Dunnellon Elementary School
  • Middle School: Dunnellon Middle School
  • High School: Dunnellon High School
  • Appliances: None
  • MLS#: OM660011
  • Days on Market: 128 days
  • Website: https://www.raveis.com
    /eprop/OM660011/14840whighway40_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 5/15/2024 7:32:09 PM)

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NMLS Mortgage Loan Originator ID 1020051

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14840 W HIGHWAY 40, Ocala, FL, 34481

$9,750,000

Mark A. Stanley

Sales Associate

William Raveis Real Estate

Phone: 508.280.2184

Mark.Stanley@Raveis.com

Frank Merola

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 508.740.5922

Frank.Merola@raveis.com

NMLS Mortgage Loan Originator ID 1020051

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $7,800,000 $7,800,000 $7,800,000
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 $923 $923 $923
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $52,550 $50,591 $69,023
Total Monthly Payment $53,598 $51,639 $70,071

* 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.