Single Family Residence at 7137 & 7141 S MAGNOLIA AVE, OCALA
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$1,425,000

7137 & 7141 S MAGNOLIA AVE
OCALA, FL 34476
Listed by Tasha Osbourne · GOLDEN OCALA REAL ESTATE INC
Bedrooms
9
Bathrooms
5.5
Living area
5,685 sqft
Year built
2000

About this home

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.

Highlights

Private poolFireplace

Property details

MLS
Stellar MLS
MLS #
MFROM719407
Property type
Single Family Residence
Subdivision
AG NON-SUB
Status
Active
Days on market
228
On market date
February 27, 2026
Stories
N/A
Total bathrooms
5.5
Garage spaces
4
Parking spaces
N/A
Lot size
7.5 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
SHADY HILL ELEMENTARY SCHOOL
0.89 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
606
Student:teacher ratio
16.4:1
District
MARION
MiddleCharter
OCALI CHARTER MIDDLE SCHOOL
4.08 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
201
Student:teacher ratio
15.5:1
District
MARION
High
BELLEVIEW HIGH SCHOOL
3.81 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,724
Student:teacher ratio
23.3:1
District
MARION

Walkability

Blended score for OCALA's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

39
Car-dependent
out of 100
EPA National Walkability Index
8.2 / 20 -- Below average walkable
Google Places amenity density
35 / 100
Restaurants & cafes8
Grocery stores1
Parks1
Schools1
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in OCALA, from live MLS data.

On the market 228 days -- 129 more days than OCALA's current average of 99 days.
For reference, the median list price across 5,208 active listings in OCALA right now is $249,869.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$8,732/mo
$285,000 down
$1,140,000 loan
Principal & interest$7,394
Property tax (est.)$1,188
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 11 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.