Your choice: 5 or 10 mol acres, price listed is for one 4. 89 acre parcel with the home! The mol 10 acres option includes a second buildable homesite for family generational living. Within Marion county in the Ocala area, the horse capital of the world, sits the premier equine community 'Silver Hammock Preserve' a slice of paradise and tranquility away from the busy world.
As you approach this quiet nature preserve, aptly named Dogwood Grove, you will find a beautiful and luxurious home with a property that showcases a diversity of beautiful well established trees. Upon entry through the Brazilian walnut front door, this five bedroom, three bath home with office offers custom touches throughout. The entire home has polished concrete floors, skip trowel hand applied finish on walls, coffered ceiling, open kitchen and a triple split plan.
The upgraded kitchen features granite countertops and hickory cabinets providing spacious storage and a large pantry.
The large three car garage and the extra wide circular driveway provide ample parking space. The home features a spectacular outdoor living experience with a covered, luxurious lanai and pool. The peaceful setting is accentuated by a pergola and a spacious custom fire pit.
This 4. 89 acre Gentleman's farm includes the option to buy the adjacent lot for an additional home site, a barn or/ and a riding arena with plenty of turn out space if so desired. Currently there is a paddock with power and water, and 3 sheds in excellent condition that could be converted into a tackroom, and feed & hay storage if needed. Enjoy all that Florida has to offer in a home that combines nature, class and comfort. You will feel surrounded by nature & Florida's wildlife and yet just be minutes away from major stores, restaurants, medical facilities and all that downtown Ocala has to offer. The world famous Silver Springs Park and hiking trails are just 1 mile (walking distance ) from this property. Located 20 minutes from World Equestrian Center. Enjoy the Florida beaches. . . located ONLY 1hour to the city of Ormond Beach!!
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$1,595,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $1,276,000 | $1,276,000 | $1,276,000 |
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% | 6.989% | 6.936% |
Monthly Tax Payment | $437 | $437 | $437 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,597 | $8,382 | $11,291 |
Total Monthly Payment | $9,159 | $8,944 | $11,853 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.