13471 NW Highway 225, Reddick, FL, 32686 | $2,795,000

Under contract-accepting backup offers. THIS IS AN AMAZING NEW PRICE FOR THIS PROPERTY!!
Possible Owner Financing*
Welcome to this 25+acre Equestrian Estate off the end of Millionaire's Row in Marion County's Horse Capital of the World. The 11 stall center aisle block barn is ready for your show horses with new paint, new stall doors, new beautiful barn doors with matching stall window shutters and all new rubber pavers. There's an inside wash stall, grooming stall, new half bath, new shower, new septic, tackroom, feed room and office with new tongue and groove ceilings. New barn driveway is shared with a brand new 30x50 shop with roll up doors, great for storing your tractor, trailer, jumps, hay, etc. There are a few huge pastures with lush grass, two auto waterers, a run in shed and plenty of room to add an arena. Across the pond with fountain is the 5, 800 sq ft two story brick residence with 5 bedrooms, 4 full and 2 half baths, with first floor primary bedroom. A grand entrance with open foyer and wooden staircase. First floor primary with two walk in closets with built ins, soaking tub, large shower and his and her vanities. A chef's kitchen with granite countertops, two walk in pantries, eat in kitchen, island and bar seating. Huge lanai accessed through multiple rooms by french doors looks out on the saltwater pool with water feature and solar heating. This is a beautifully constructed home with high ceilings, thick intricate crown molding and ceiling medallions, textured walls and a stone fireplace. A truly elegant home and peaceful setting surrounded by horse farms. Less than 10 minutes to the WEC Jockey Club, 15 minutes to HITS and 20 minutes to the famous World Equestrian Center. This property sits in the highly desired NW quadrant and has so much to offer.

Features

  • Rooms: 3
  • Bedrooms: 5
  • Baths: 4 full / 2 half
  • Year Built: 2002
  • Garage: 2-car
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 5,792
  • Acreage: 25.43
  • Est. Taxes: $404
  • Lot Desc: Farm, Pasture
  • View: Water
  • Pool: Gunite, Heated, In Ground, Solar Heat
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • MLS#: OM662341
  • Days on Market: 244 days
  • Website: https://www.raveis.com
    /eprop/OM662341/13471nwhighway225_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 5/21/2024 11:02:12 PM)
Listing courtesy of KELLER WILLIAMS CORNERSTONE RE   Phone: 352-369-4044

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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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13471 NW Highway 225, Reddick, FL, 32686

$2,795,000

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 $2,236,000 $2,236,000 $2,236,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.875% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.851% 7.002% 6.956%
Monthly Tax Payment $34 $34 $34
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $15,064 $14,689 $19,787
Total Monthly Payment $15,223 $14,848 $19,946

* 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.