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Land with Home for Sale in Ocala, Florida

7137 & 7141 S Magnolia Ave, Ocala, FL 34476

$1,425,000
7.5 acres
Active sale
$125k drop
Est $8,156/mo

Two residences, fenced acreage, a private pool, and a 2-stall barn are included in the offering at 7137 & 7141 S Magnolia Avenue. Located off Highway 475 among established horse farms, the property provides convenient access to the Florida Horse Park, nearby riding trails, downtown Ocala, shopping, and medical facilities. PRIMARY RESIDENCE: The Cape Cod-style home offers 3,423 square feet of living space with 5 bedrooms, 4 bathrooms, and a 2-car garage. Cathedral ceilings and abundant natural light complement views of the surrounding acreage. Improvements include a 2023 roof and an updated kitchen with quartz countertops and 2024 appliances. Additional features include a wood-burning fireplace, formal dining room, eat-in kitchen, flexible sitting area, second-floor bonus room with a full bathroom, and expansive covered porches. SECONDARY RESIDENCE: The second home offers 2,262 square feet of living space with 4 bedrooms, 2 bathrooms, a garage, and a private swimming pool. Its open-concept layout includes an executive office, an updated kitchen with quartz countertops, and a remodeled primary bathroom. Additional improvements include a 2021 roof and a UV water purification system. BARN & ADDITIONAL IMPROVEMENTS: The property includes a 2-stall barn with a tack room, feed area, and storage/workshop space. Both residences have new water softener systems. LAND & ACCESS: The fully fenced acreage includes open pasture and space surrounding both residences. A recently added driveway and updated fencing provide separate access to the third home at the end of the cul-de-sac, which is not included in this offering. The property has no HOA. Together, the two homes offer 9 bedrooms, 6 bathrooms, and 5,685 square feet of living space, complemented by the pool, barn, pasture, and covered outdoor living areas.

5,685
Sq feet
9
Beds
5
Full baths
1
1/2 bath
2000
Built

Location

Street address
7137 & 7141 S Magnolia Ave
Zip code
34476
Community
Ag Non-Sub
Elevation
88 feet
Coordinates
29.1148, -82.1311

Directions

Continue onto S Magnolia Ave/St 475, Turn Left to aprox. end of road to see both homes on the right hand side.

Property details

Acreage
7.5 acres
Zoning
A1
MLS #
MFRMLS OM719407
Posted

Property taxes

2025
$4,085

Parcels

  • 36342-006-01

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

View
Park
Features
Cattle, Chicken, Farm, Horse, Level, Livestock, Pasture, Paved, Zoned For Horses

Exterior

Parking
Driveway, Garage
Fencing
Cross Fenced
Pool
Porch
Structures
Guest House, Storage
Features
Private Mailbox

Structure

Style
Cape Cod
Stories
1
Water
Well
Sewer
Septic Tank
Heating
Central
Cooling
Central Air
Materials
Block, Concrete, Vinyl Siding
Roof
Shingle
Windows
Blinds, Drapes, Window Treatments

Interior

Room Count
3
Rooms
Bathroom x 6, Bedroom x 9
Flooring
Carpet, Laminate, Tile, Wood
Fireplaces
Yes
Appliances
Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Features
Cathedral Ceiling(s), Ceiling Fans(s), Eat-In Kitchen, High Ceilings, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)

Property utilities

CategoryTypeStatus
GasPropaneConnected

Listing history

DateEventPriceChangeSource
Oct 9, 2026Price drop$1,425,000$125,000 -8.1%MFRMLS
Apr 22, 2026Price drop$1,550,000$145,000 -8.6%MFRMLS
Feb 28, 2026New listing$1,695,000—MFRMLS
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This 7.5-acre property is located at 7137 & 7141 S Magnolia Ave in Ocala, FL 34476. The property is available for sale, priced at $1,425,000. It has a 5,685 square foot 9-bedroom, 5.5-bath house built in 2000.

Listed by Golden Ocala Real Estate, (352) 369-6969

Checked 2 hours agoUpdated Source

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