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Situated in the heart of Ocala, Florida - the "Horse Capital of the World" - the Kingwood Foxden property boasts a rich history and stunning natural beauty. Originally part of the renowned Hooper Farm, the Hooper estate was home to a Kentucky Derby winner and has been meticulously maintained over the decades.
This versatile farm will lend itself beautifully to any equestrian discipline and currently operates as a top breeding and training facility for Warmblood horses.
This is a proposed division of agricultural acreage being marketed subject to county approval.
Spanning 90 acres, this farm is located less than 4 minutes from the World Equestrian Center. As you approach the property, you're greeted by a grand gated entrance flanked by stone columns and ornamental landscaping. A driveway, lined with majestic oak trees, leads you to the impressive collection of equestrian amenities .
The main residence is a one-story, 4, 923 square foot home that has been renovated over the years, boasting high-end finishes and modern amenities. In addition to the main house is a 1, 572 square foot manager's residence and a charming 960 square foot cottage/farm office, all of which are in excellent condition.
The property's equestrian infrastructure is truly remarkable, featuring a 24-stall training barn with apartment and two large tack rooms, an 11-stall stallion barn, and a 24-stall shed-row barn with apartment and office, totaling over 27, 000 square feet of barn space. Additionally, the farm includes a state-of-the-art 80' x 240' covered arena with kick walls and mirrors constructed in 2022, as well as a 100' x 200' outdoor arena built in 2021.
Beyond the impressive facilities, the Kingwood Foxden property offers extensive site improvements, including over 30, 000 linear feet of 3- and 4-board fencing, 30 paddocks, and 3 large pastures. An old racetrack on the property provides a dedicated space for exercising and training horses.
With its extensive highway frontage, the Kingwood Foxden property also offers a rare opportunity for flexible ownership.
With its prime location on State Highway 40, the same highway that leads to the World Equestrian Center, and its well-maintained internal paved roads, the Kingwood Foxden property offers unparalleled convenience and accessibility. This exceptional equestrian estate, steeped in history and surrounded by natural beauty, is a true gem in the heart of Ocala's thriving horse community.
In the event your client has 1031 exchange money the property in lies in the federally designated Opportunity Zone.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $7,400,000 | $7,400,000 | $7,400,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.223% | 6.164% |
| Monthly Tax Payment | $1,616 | $1,616 | $1,616 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $43,184 | $44,963 | $62,445 |
| Total Monthly Payment | $44,925 | $46,704 | $64,186 |
* 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.