- 9 beds
- 7 baths
- 4,363 sqft
7137 & 7141 S Magnolia AvenueOcala, FL, 34476
- Price per sqft
- $246
- Days on market
- 253
- Listed
- Feb 27
- Last reduction
- −$26,000
- Oct 26, 2026
About this property
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.
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Projected rental revenue and ownership costs
Property details
- Property type
- Single Family Residence
- Street address
- 7137 & 7141 S Magnolia Avenue
- City
- Ocala
- State
- FL
- ZIP code
- 34476
- Year built
- 2000
- New construction
- No
- Faces
- West
- Rooms
- 3
- Building stories
- 1
- Living area
- 5,685 sqft
- Total building area
- 8,101 sqft
- Architectural style
- Cape Cod
- Levels
- One
Price & sale history
Asking price reduced by $296,000 (17.5%) since first listed.
| Date | Event | Price | Change from previous recorded asking price |
|---|---|---|---|
| Price reducedMLS #OM719407 | $1,399,000Change: −1.8%−$26,000 | −1.8%−$26,000 | |
| Price reducedMLS #OM719407 | $1,425,000Change: −15.9%−$270,000 | −15.9%−$270,000 | |
| Listed for saleMLS #OM719407 | $1,695,000 | Not applicable |
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