16500 NW 122 TERRACE, Reddick, FL, 32686 | $2,295,000

This incredible high and dry 20+ acre farm is private and quiet, affording you that peaceful and dedicated time to ride. However, jump in the truck and in 25 minutes you'll be at the renowned World Equestrian Center! World-class horse events, great food and drink, a growing number of restaurants and shops, RV parking and luxury accommodations for your out-of-town friends and family, and year-round festivities, can all be found at the WEC. Not only that, Ocala and its airport, Gainesville and its airport, and endless shopping and dining can all be reached in 30 minutes or less. On your farm you'll find 8 turn-out paddocks, an immaculate 9-stall, center-aisle barn with a half bath (plumbed for shower), tack room with separate entrance, and an RV hookup. There is an easement to barn for a separate entrance. This lovely home has had many upgrades, including the addition of a 3 car garage connected to the home via portico, new primary en suite bedroom, and a new 2023 roof. It is beautifully landscaped, and features stone accents, and stone pavers for the sidewalk entrance. The home has an open and airy floor plan, high ceilings, spacious kitchen with skylight, stone counters, all new stainless appliances, and pantry. The brand new primary bedroom suite features a gorgeous bath with barn door entry, walk-in glass shower, soaking tub, and double sink vanity. This farm is move-in ready and is perfect for any discipline.

Features

  • Rooms: 3
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Year Built: 2003
  • Garage: 3-car
  • Heating: Electric, Heat Pump, Zoned
  • Cooling: Central Air
  • Approx Sq. Feet: 2,589
  • Acreage: 20.04
  • Est. Taxes: $3,890
  • Lot Desc: Cleared, Farm, Greenbelt, In County, Landscaped, Level, Pasture
  • Appliances: Convection Oven, Cooktop, Dishwasher, Exhaust Fan, Freezer, Ice Maker, Range, Range Hood, Refrigerator
  • MLS#: OM675037
  • Days on Market: 15 days
  • Website: https://www.raveis.com
    /eprop/OM675037/16500nw122terrace_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 7:17:11 PM)
Listing courtesy of OCALA HORSE PROPERTIES, LLC   Phone: 352-615-8891

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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

Our Executive Mortgage Banker:

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16500 NW 122 TERRACE, Reddick, FL, 32686

$2,295,000

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 $1,836,000 $1,836,000 $1,836,000
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 $324 $324 $324
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $12,369 $12,061 $16,247
Total Monthly Payment $12,818 $12,510 $16,696

* 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.