1525 SE 59th STREET, Ocala, FL, 34480 | $2,780,700

Location, Style, Attention to Detail, and Masterful Construction. Beautiful scrollwork on wrought iron double doors welcomes you into this magnificent two-story Mediterranean-style estate sitting on 2. 7+/- acres. Located in a desirable and convenient part of Ocala, this home has everything your heart desires. Upon entering the front doors, you enter a grand living room with a 26-foot ceiling and a massive custom fireplace. Three French doors open to a lovely patio with massive Corinthian-style columns.
The owner’s suite is off the living room, with a sitting area, dual closets, and the luxurious bath boasts a double-entry walk-through style shower, garden tub, & double vanities. Marble vanity tops, shower, & bathroom floors. On this side of the house, you will also find a beautiful partial bath in black marble that looks glamorous. A large office/den with custom black cabinets is just off the master. This room could be used for a variety of purposes (exercise, hobby, craft room, etc. ).
On the opposite side of the house, you will find 2 oversized bedrooms, each with a walk-in closet & private bath. All bathrooms have granite countertops & premium fixtures. The kitchen highlights beautiful custom-made cabinets with intricate detail. Centered is a large island. All appliances are stainless steel, including the 5-burner gas stove. The travertine floor complements the cabinets and granite in the kitchen. Kitchen also hosts a morning room & sit-in bar between the family room & kitchen. A spacious walk-in pantry is adjacent to the kitchen, with floor-to-ceiling shelves. Wet bar with a wine fridge & ice maker. Nearby is the elegant dining room with a unique groin vaulted ceiling.

A wall of French doors opens to another spacious patio & drenches the family room with light. Just beyond the family room is a playroom to delight! There is an incredibly huge bay window & double-door storage closet. The laundry room is conveniently located next to the 3-car garage & is equipped with a large sink, bench with storage underneath, & hooks to keep everything organized. The two bedrooms have plush, off-white carpet. Bathrooms are premium tile or marble. All other floors downstairs are dark, rich hand-scraped hardwood. There are plenty of storage rooms downstairs, including a closet in the hallway near the laundry room and a “mechanical" room that holds a tankless water heater and water softener. An additional room under the stairs has a cork floor and an unobstructed view scroll door.

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. The wood floor continues up here, and the walls are warm cocoa. There is a bar area with custom cabinets, an ice maker, and an impressive bar-style glass-door refrigerator. Deep, deep brown granite dresses the countertops with a custom edge. An inviting guest bedroom and full bath with chocolate Italian tile round out the upstairs. Both rooms open onto a large balcony.

The exterior of the home is stucco with a barrel tile roof. Additional washer/dryer hook-up in the garage. Gated entry, burglar alarm, sprinkler system, and custom tree house are additional extras.

Neighboring custom homes and in-law quarters on adjoining acres are available, making this ideal for multi-families looking for space and privacy.

Features

  • Rooms: 3
  • Bedrooms: 4
  • Baths: 5 full
  • Laundry: Inside, Laundry Room
  • Style: Custom
  • Year Built: 2009
  • Garage: 3-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 6,402
  • Acreage: 2.73
  • Est. Taxes: $12,786
  • Lot Desc: Cleared, In County, Landscaped, Level
  • Elem. School: Shady Hill Elementary School
  • Middle School: Belleview Middle School
  • High School: Belleview High School
  • Appliances: Convection Oven, Dishwasher, Microwave, Range, Refrigerator
  • MLS#: OM668167
  • Days on Market: 161 days
  • Website: https://www.raveis.com
    /eprop/OM668167/1525se59thstreet_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 5/21/2024 12:39:34 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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1525 SE 59th STREET, Ocala, FL, 34480

$2,780,700

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 $2,224,560 $2,224,560 $2,224,560
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.875% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.903% 7.014% 7.041%
Monthly Tax Payment $1,066 $1,066 $1,066
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $15,175 $14,614 $19,840
Total Monthly Payment $16,366 $15,805 $21,031

* 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.