7137 & 7141 S MAGNOLIA AVENUE, Ocala, FL 34476

• 9 beds |
• 6 baths |
• 5,685 sqft

Property Description

Now reintroduced to the market with thoughtful improvements, including the addition of a new private driveway for enhanced access and privacy, this exceptional multi-residence estate offers an even more compelling opportunity on just over 8 picturesque acres surrounded by established farms. Exceptional multi-residence estate situated on just over 8 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.

Listing Status:

Active

Date Added:

February 27, 2026

Data Last Updated:

March 4, 2026 at 9:22PM

Listing Office:

GOLDEN OCALA REAL ESTATE INC : 352-369-6969

Listing Agent:

Tasha Osbourne : 352-613-6613

MLS ID:

OM719407

Interior

• General: Cathedral Ceiling(s)Ceiling Fans(s)Eat-in KitchenHigh CeilingsPrimary Bedroom Main FloorSolid Wood CabinetsSplit BedroomStone CountersThermostatWalk-In Closet(s)Window Treatments
• Rooms: Bonus RoomBreakfast Room SeparateDen/Library/OfficeFamily RoomFlorida RoomFormal Dining Room SeparateInside UtilityInterior In-Law Suite w/Private EntryInterior In-Law Suite w/No Private EntryLoft
• Appliances: CooktopDishwasherDryerElectric Water HeaterMicrowaveRangeRefrigeratorWasher
• Laundry: InsideLaundry Room
• Flooring: CarpetLaminateTileWood
• A/C: Central Air
• Heating: Central
• Fireplace: GasLiving RoomFireplace

Exterior

• General: Private MailboxSliding DoorsStorage
• Style: Cape CodFlorida
• Other Structures: Additional Single Family HomeBarn(s)Guest HouseOtherWorkshopFront PorchRear PorchScreened
• Pool: GuniteIn Ground
• Parking: DrivewayGarage Faces Rear

Construction

• Roofing: Shingle
• Windows: BlindsDrapesWindow Treatments
• General: BlockConcreteVinyl SidingOneSlab

Location

• Road/Access: Paved
• Originating MLS: Stellar MLS
• County: Marion

Lot

• Zoning: A1SEC 08 TWP 16 RGE 22 COM AT THE NE COR OF S 1/2 OF NW 1/4 TH S 01-40-23 E 1328.14 FT TH CONT S 01-40-23 E 12.41 FT TH S 88-30-22 W 660.51 FT TO THE POB TH S 88-30-22 W 582.41 FT TH N 01-55-11 W 17.40 FT N 01-55-11 W 662.6 FT TH S 88-40-04 W 1421.88 F T TH N 01-39-02 W 20 FT TH N 88-40-04 E 2004.21 FT TH S 01-55-11 E 698.36 FT TO THE POB EXC COM AT THE NE COR OF S 1/2 OF NW 1/4 TH S 01-40-23 E 1328.14 FT TH CONT S 01-40-23 E 12.41 FT TH S 88-30-22 W 660.51 FT TH N 01-55-11 W 245.36 FT TO THE POB T H S 88-04-49 W 250 FT TH N 01-55-11 W 175 FT TH N 88-04-49 E 250 TH S 01-55-11 E 175 FT TO THE POB & EXC COM AT THE NE COR OF S 1/2 OF NW 1/4 TH S 01-40-23 E 1328.14 FT TH CONT S 01-40-23 E 12.41 FT TH S 88-30-22 W 886.51 FT TO THE POB TH CONT S36342-006-01
• View: Park/GreenbeltTrees/Woods
• Fencing: Cross FencedWood

Utilities

• Utilities: BB/HS Internet AvailableElectricity ConnectedPropaneSewer ConnectedWater Connected
• Water: Well
• Sewer: Septic Tank

Financial

• Source: Stellar MLS
• Ownership: Fee Simple