Listing provided courtesy of GOLDEN OCALA REAL ESTATE INCas Distributed by MLSGrid- MLS# MFROM719407MLS Provider

7137 & 7141 S MAGNOLIA AVENUEOCALA, FL 34476

Single Family · 9 Beds · 5 Full Baths · 1 Half Bath · 5,685 Sq. ft. | 7.50 Acres
$1,550,000 Active

7137 & 7141 S MAGNOLIA AVENUE Overview

Time on Site:
123 days
Visits:
0

Now reintroduced to the market with thoughtful improvements, including the addition of a driveway for enhanced access, this exceptional multi-residence/multi-generational estate offering 2 homes an even more compelling opportunity on just over 7 picturesque acres surrounded by established farms. Ideally located off Hwy 475, just minutes to the Florida Horse Park, nearby riding trails, downtown Ocala’s dining, medical, and shopping, and less than 20 minutes to the World Equestrian Center. The main Cape Cod-style residence offers 5 bedrooms, 3 bathrooms, and 3,423 living square feet. Designed with abundant natural light and soaring cathedral ceilings, the home captures beautiful views of the surrounding acreage from nearly every room. Recent updates include a 2023 roof and a renovated kitchen featuring quartz countertops and newer appliances. Interior highlights include a gas fireplace in the living room, formal dining area, eat-in kitchen, flexible sitting room, and expansive covered porches ideal for enjoying the peaceful setting. The second residence offers 4 bedrooms, 2 bathrooms, and 2,262 living square feet with an open-concept layout. Features include a private pool, garage, executive office, updated kitchen with quartz countertops, and a remodeled primary bath with spa-like finishes. Roof replaced in 2021. UV water purification system installed. Ideal for extended family, guests, or income-producing opportunities. The fully fenced property includes a 2-stall barn with tack room, feed area, storage/workshop space, and open pasture. Both homes are equipped with new water softener systems. A rare opportunity to own a dual-residence farm property in one of Ocala’s most convenient yet private locations. Versatile, functional, and ready for equestrian or multi-generational living.

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7137 & 7141 S MAGNOLIA AVENUE Facts & Features

  • Type Single Family
  • Sq. ft. 5,685
  • Price/Sq.ft. $273
  • Lot 7.50 Acres

Details

General

Association/HOA

  • Association: No

Building Information

  • New Construction: No
  • Year Built: 2000

Location/Region

  • Country: US
  • County Or Parish: Marion
  • MLS Area Major: 34476 - Ocala
  • Subdivision Name: AG NON-SUB
  • Township: 16S

Tax Information

  • Tax Annual Amount: 4084.63
  • Tax Year: 2025

General Information

  • Furnished: Unfurnished
  • Listing Terms: Cash,Conventional
  • Ownership: Fee Simple
  • Parcel Number: 36342-006-01
  • Pets Allowed: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None
  • Zoning: A1

Interior

Parking Information

  • Garage Spaces: 4
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 5
  • Bathrooms Half: 1
  • Bathrooms Total: 6
  • Bedrooms Total: 9

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 8101
  • Building Area Units: Square Feet

General Information

  • Appliances: Cooktop,Dishwasher,Dryer,Electric Water Heater,Microwave,Range,Refrigerator,Washer
  • Cooling: Central Air
  • Fireplace Features: Gas,Living Room
  • Fireplace: Yes
  • Flooring: Carpet,Laminate,Tile,Wood
  • Foundation Details: Slab
  • Heating: Central
  • Interior 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),Window Treatments
  • Laundry Features: Inside,Laundry Room
  • Levels: One
  • Living Area: 5685
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Other Equipment: Irrigation Equipment
  • Security Features: Smoke Detector(s)
  • Stories Total: 1
  • Window Features: Blinds,Drapes,Window Treatments

Exterior

Parking Information

  • Parking Features: Driveway,Garage Faces Rear

Lot Information

  • Additional Parcels Description: 36342-006-02
  • Additional Parcels: Yes
  • Lot Features: Farm,Level,Pasture,Paved,Zoned for Horses
  • Lot Size Acres: 7.5
  • Lot Size Square Feet: 348916
  • Number Of Lots: 2
  • Road Surface Type: Paved
  • Vegetation: Mature Landscaping,Trees/Landscaped
  • Water Source: Well

Waterfront/View

  • View: Park/Greenbelt,Trees/Woods
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Cape Cod,Florida
  • Attached Garage: Yes
  • Construction Materials: Block,Concrete,Vinyl Siding
  • Direction Faces: West
  • Patio And Porch Features: Front Porch,Rear Porch,Screened
  • Roof: Shingle

General Information

  • Carport Spaces: 1
  • Carport: Yes
  • Exterior Features: Private Mailbox,Sliding Doors,Storage
  • Fencing: Cross Fenced,Wood
  • Other Structures: Additional Single Family Home,Barn(s),Guest House,Other,Workshop
  • Pool Features: Gunite,In Ground
  • Pool Private: Yes
  • Sewer: Septic Tank
  • Utilities: BB/HS Internet Available,Electricity Connected,Propane,Sewer Connected,Water Connected

Room Information

Room: Kitchen

  • Level: First
  • Dimensions: 13x16
  • Length: 16
  • Width: 13

Room: Living Room

  • Level: First
  • Dimensions: 30x28
  • Length: 28
  • Width: 30

Room: Primary Bedroom

  • Level: First
  • Dimensions: 14x20
  • Length: 20
  • Width: 14

7137 & 7141 S MAGNOLIA AVENUE Neighborhood

Community

34476 (OCALA) Demographics

60
Median Age
614
Population Density (per sq. mile)
37%
College Educated
$52,827
Estimated Median Income
9,585
Estimated Total Home Owners
1,020
Estimated Total Renters
90% / 10%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

7137 & 7141 S MAGNOLIA AVENUE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

7137 & 7141 S MAGNOLIA AVENUE Market Data

Based on the last 30 days in this zip code

$361,652
Average List Price
$182
Average Price per Square Foot
79
Properties Sold
107
Average Days on Market
605
Properties for Sale
Calculations provided by Reliance Network

7137 & 7141 S MAGNOLIA AVENUE History

Date Event Value Agent
4/21/2026Source: My Florida Regional MLS Price Reduction
$1,550,000 -8.6%
2/27/2026Source: My Florida Regional MLS Added to Database
February 27, 2026