8505 Northwest 118th Terrace

Ocala, FL 34482

$945,000
Price
3
Beds
2
Baths
1
1/2 Bath
2,977 Sq. Ft.
/ Sq. Ft.
2,977
Sq. Ft.
per Sq. Ft.

Description

Discover your dream country retreat/mini-farm with this charming 3.18-acre farm in the heart of NW Ocala! Perfectly situated close to the World Equestrian Center, HITS, and a variety of shopping and dining options, this property offers both convenience and tranquility. The beautifully maintained home features 3 spacious bedrooms and 2.5 baths, ideal for comfortable living. 2017 new metal roof, interior remodel and expansion, 25 KW house generator, newer appliances - there are too many updates and...Discover your dream country retreat/mini-farm with this charming 3.18-acre farm in the heart of NW Ocala! Perfectly situated close to the World Equestrian Center, HITS, and a variety of shopping and dining options, this property offers both convenience and tranquility. The beautifully maintained home features 3 spacious bedrooms and 2.5 baths, ideal for comfortable living. 2017 new metal roof, interior remodel and expansion, 25 KW house generator, newer appliances - there are too many updates and upgrades to list here. Please review the property flyer attached for details. Equestrian enthusiasts will appreciate the well-equipped 3-stall barn with tack/feed room, ready to accommodate your horses and gear. 3 large fenced and cross-fenced pastures. Fenced back yard for your pets. Embrace the best of rural living with easy access to top-notch equestrian facilities and all the amenities you need. Located on a paved cul-de-sac in the desirable NW equine community of Timberlake with community riding trails. House sits back off the road with a winding drive lined by oaks leading up to a newer paver circular drive. Beautiful oaks and hickory trees throughout the property. Have morning coffee or evening wine or cocktails on the upper rear deck looking out at the back pasture and barn or watch the wonderful variety of birds from the front patio. X Flood Zone. For the equestrian or someone that enjoys a little space, this is one of the best locations in NW Ocala. Minutes from HITS and 8 miles to World Equestrian Center; 7-8 miles to grocery & restaurants; 3 feed/hay stores within a couple miles and approx 11 miles to Interstate 75. Drive NW about 12 miles to Williston for even more stores and restaurants. CenturyLink landline and DSL internet. Starlink and other satellite internet services available, plus Verizon Home Internet. Don’t miss this unique opportunity to own a slice of Ocala paradise!
  1. Listed by Katharine Snider • THE KESWICK GROUP LLC

Property Details for 8505 Northwest 118th Terrace

Architectural Style
Cape Cod
Subdivision Name
MCCULLY S SUB FIRST ADD
Township
14
Garage Spaces
2
View
Trees/Woods
Waterfront
No
Furnished
Unfurnished
LISTING UPDATED: 11/17/2024 04:44 PM

Property Details for 8505 Northwest 118th Terrace

StatusActive
MLS #OM683394
Days on Market117
Taxes$3,980 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Farm
Year Built1986
Lot Size3.18 AC
CountyMarion County

Building Information for 8505 Northwest 118th Terrace

Building Size-Lot Size3.18 AC

Property Information for 8505 Northwest 118th Terrace

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 3595.0
  • Building Area Units: Square Feet
  • Community Features: Horses Allowed
  • Direction Faces: West
  • Directions: Hwy 27 to North on 121st Avenue. Right on 86th Street which turns almost immediately into NW 118th Terrance. Farm is 4th on left. Gate is manual. Please make sure gate is closed at all times. Dogs and horse on property.
  • Elementary School: Fessenden Elementary School
  • Middle Or Junior School: Liberty Middle School
  • High School: West Port High School
  • Other Equipment: Generator, Satellite Dish
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 8505
  • Street Direction Prefix: NW
  • Street Name: 118TH
  • Street Suffix: TERRACE
  • State: FL
  • City: OCALA
Parking
  • Attached Garage: Yes
  • Available For Lease: Yes
  • Carport: No
  • Garage Dimensions: 22x22
  • Garage: Yes
  • Parking Features: Circular Driveway, Garage Door Opener, Garage Faces Side
Taxes and HOA Information
  • Association Approval Required: No
  • Association Fee Requirement: None
  • Association: No
  • CDD: No
  • Tax Block: None
  • Tax Book Number: U/096
  • Tax Legal Description: SEC 16 TWP 14 RGE 20 PLAT BOOK U PAGE 096 MCCULLY S SUB FIRST ADD LOT 5
  • Tax Lot: 5
  • Tax Year: 2023
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: Cul-De-Sac, Farm, Street Dead-End, Street Paved, Zoned for Horses
  • Lot Size Dimensions: 224x619
  • Parcel Number: 1243-005-000
  • Total Acreage: 2 to less than 5
  • Water Access: No
  • Water Extras: No
  • Zoning: A1
  • Zoning Compatible: Yes
  • Living Area: 2977
  • Lot Dimensions: 224x619
Property and Assessments
  • Year Built Numeric: 1986
  • Flood Zone Code: X
  • Home Warranty: No
  • Homestead: Yes
  • New Construction: No
  • Number Of Lots: 1
  • Property Condition: Completed
  • Public Survey Range: 20
  • Public Survey Section: 16
  • Dock YN: No
Utilities
  • Sewer: Septic Tank
  • Utilities: BB/HS Internet Available, Electricity Connected, Fiber Optics, Phone Available, Propane, Street Lights
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Stone, Stucco, Vinyl Siding, Wood Frame
  • Exterior Features: French Doors, Lighting, Rain Gutters, Storage
  • Fencing: Board, Cross Fenced, Fenced
  • Foundation Details: Slab
  • Levels: Two
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Front Porch, Patio
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Metal
  • Security Features: Smoke Detector(s)
  • Vegetation: Oak Trees, Trees/Landscaped
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 3
  • Bathrooms Full: 2
  • Additional Rooms: Attic, Family Room, Inside Utility
  • Appliances: Convection Oven, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator, Water Filtration System, Water Softener
  • Cooling: Central Air, Mini-Split Unit(s)
  • Fireplace Features: Gas, Wood Burning
  • Fireplace: Yes
  • Flooring: Engineered Hardwood, Porcelain Tile
  • Heating: Electric, Heat Pump, Zoned
  • Interior Features: Cathedral Ceiling(s), Ceiling Fans(s), Chair Rail, Crown Molding, Eating Space In Kitchen, Primary Bedroom Main Floor, Stone Counters, Thermostat, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 3.0
  • Water View: No
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Insulated Windows, Low Emissivity Windows, Shades, Tinted Windows, Window Treatments
  • Bathrooms Half: 1
Room 1
  • Room Features 1: Ceiling Fan(s), Wet Bar
  • Room Flooring 1: Engineered Hardwood
  • Room Level 1: First
  • Room Type 1: Living Room
Room 2
  • Room Features 2: Closet Pantry, Granite Counters
  • Room Flooring 2: Porcelain Tile
  • Room Level 2: First
  • Room Type 2: Kitchen
Room 3
  • Room Features 3: Ceiling Fan(s)
  • Room Flooring 3: Engineered Hardwood
  • Room Level 3: First
  • Room Type 3: Primary Bedroom
Rental
Rental Information
  • Minimum Lease Period: 0
  • Pets Allowed: Cats OK, Dogs OK

Property History for 8505 Northwest 118th Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8505 Northwest 118th Terrace

Taxable ValueLand$94,605Additions$177,429Total$272,034
Tax Record2023$3,980 ($332 / month)
Home Facts
Beds3Baths2.5Total Finished SqFt2,977 SqFtAbove Grade Finished SqFt2,977 SqFtStories2Lot Size138,521 SqFtStyleSingle Family ResidenceYear Built1986Year Renovated2012ZoningA1CountyMARIONAPN1243-005-000Fireplace TypeHas Fireplace

Schools near 8505 Northwest 118th Terrace

This home is within Marion.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Fessenden Elementary School
PublicPK to 5

North Marion Middle School
Public6 to 8

West Port High School
Public9 to 12

Marion Youth Academy
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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8505 Northwest 118th Terrace is a single family home for sale in Ocala, FL 34482. This property was listed for sale on August 30, 2024 by THE KESWICK GROUP LLC, it's currently listed at $945,000. It has been on the market for a total of 117 days and was last sold on April 18, 2006. This listing's school district is Marion. Nearby schools include Fessenden Elementary School, North Marion Middle School and West Port High School. 8505 Northwest 118th Terrace is a 3-bed, 2.5-bath, 2,977 sqft single family home built in 1986.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of THE KESWICK GROUP LLC

Based on information from one of the following Multiple Listing Services: Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.