8505 NW 118th Terrace
OCALA, FL 34482
- 3 beds
- 3 baths
- 2,977 sqft
- ~3 acre lot
- $297 per sqft
- 1986 build
- – on site
Reduced! Discover your move-in ready 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, dining & feed stores. This property offers both convenience and tranquility. You must visit and tour the property to appreciate all it offers and the upgrades. Located on a paved cul-de-sac in the desirable NW equine community of Timberlake with riding trails throughout the community. No HOA. This 2017 renovated & updated beautifully maintained home features 3 spacious bedrooms, 2.5 baths & 2 fireplaces (wood burning & gas), plus tons of storage & 2 car garage, ideal for comfortable living. Large first floor master bedroom with ensuite bath with 2 walk-in closets plus an extra closet. New eat in kitchen includes new cabinetry, tile, electric, plumbing fixtures & appliances & walk-in cupboard. Duel fuel convection oven. Ceiling fans throughout house. Engineered wood floors downstairs & laminate upstairs. Bathroom remodels include jacuzzi tub upstairs & soaking tub in master bath, new cabinetry, tile work, fixtures & lighting. Upstairs balcony with commercial grade TPO roof/flooring accessed by both bedrooms. New well fixtures. 2017 new champagne 40-year metal roof, 12,000 KW house generator along with owned 250-gal propane tank & 120-gal propane tank that services the Duel-Fuel Stove & gas fireplace. Circular paver driveway. Equestrian enthusiasts will appreciate the well-equipped 3-stall center isle 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. House sits back off the road with a paved winding drive lined by oaks leading up to a 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. Totally in X Flood Zone. For the equestrian or someone that enjoys a little space without a lot of maintenance & upkeep, 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!
Last checked:
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Checking…
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Last updated Apr 12, 2025
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MLS# OM683394 —
The Building
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Year Built:1986
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New Construction:false
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Architectural Style:Cape Cod
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Construction Materials:Block
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Levels:Two
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Roof:Metal
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Foundation Details:Slab
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Window Features:Double Pane Windows
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Patio And Porch Features:Deck
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Security Features:Smoke Detector(s)
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Building Area Total:3595
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Building Area Units:Square Feet
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Building Area Source:Public Records
Interior
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Interior Features:Cathedral Ceiling(s)
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Furnished:Unfurnished
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Flooring:Engineered Hardwood
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Additional Rooms:Attic
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Fireplace:true
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Fireplace Features:Gas
Room Dimensions
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Living Area:2977
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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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.
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Latitude:29.276739
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Longitude:-82.314272
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Coordinates:-82.314272, 29.276739
The Property
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Parcel Number:1243005000
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Property Type:Residential
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Property Subtype:Farm
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Property Condition:Completed
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Lot Features:Cul-De-Sac
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Lot Size Acres:3.18
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Lot Size Area:3.18
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Lot Size SqFt:138521
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Lot Size Dimensions:224 x 619
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Lot Size Units:Acres
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Total Acres:2 to less than 5
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Zoning:A1
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Current Use:Horses
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Direction Faces:West
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View:Trees/Woods
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View:true
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Exterior Features:French Doors
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Fencing:Board
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# of Paddocks Pastures:3
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Vegetation:Oak Trees
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Water Source:Well
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Road Responsibility:Public Maintained Road
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Road Surface Type:Paved
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Road Frontage Type:Street Dead-End
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Flood Zone Code:X
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Additional Parcels:false
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Homestead:true
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Lease Restrictions:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (603) 493-5587
- Office phone:
- (603) 493-5587
Taxes
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Tax Year:2023
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Tax Lot:5
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Tax Block:None
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Tax Legal Description:SEC 16 TWP 14 RGE 20 PLAT BOOK U PAGE 096 MCCULLY S SUB FIRST ADD LOT 5
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Tax Book Number:U/096
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Tax Annual Amount:$3,979.72
Beds
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Bedrooms Total:3
Baths
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Total Baths:2.5
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Total Baths:3
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Full Baths:2
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Half Baths:1
The Listing
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Virtual Tour URL Unbranded:https://www.zillow.com/view-imx/032f3f27-7a3e-41ef-b90c-99b809a67291?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
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Special Listing Conditions:None
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Home Warranty:false
Heating & Cooling
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Heating:Electric
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:BB/HS Internet Available
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Sewer:Septic Tank
Appliances
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Appliances:Convection Oven
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Laundry Features:Electric Dryer Hookup
Schools
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Elementary School:Fessenden Elementary School
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Middle Or Junior School:Liberty Middle School
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High School:West Port High School
The Community
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Subdivision Name:MCCULLY S SUB FIRST ADD
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Senior Community:false
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Community Features:Horses Allowed
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Waterview:false
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Water Access:false
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Waterfront:false
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Pool Private:false
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Pets Allowed:Cats OK
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Association:false
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Association Fee Requirement:None
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Ownership:Fee Simple
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Association Approval Required:false
Parking
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Garage:true
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Attached Garage:true
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Garage Spaces:2
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Garage Dimensions:22x22
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Carport:false
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Covered Spaces:2
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Open Parking:true
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Parking Features:Circular Driveway
Extra Units
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Other Structures:Shed(s)
Monthly cost estimate

Asking price
$885,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,738
|
Taxes | $331 |
Insurance | $243 |
Utilities | $204 See report |
Total | $5,516/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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2/1/25
Feb 1, 2025
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Price Changed | STELLAR_MLS | $885,000 | -6.3% |
8/30/24
Aug 30, 2024
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Listed / Active | STELLAR_MLS | $945,000 | 122.4% (6.7% / YR) |
4/18/06
Apr 18, 2006
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STELLAR_MLS | $425,000 |