Price Reduction - Waterfront - Golf Course
Address
5540 Se 157th Street Road, SUMMERFIELD, FL
Price
$ 3,500,000
Property Attributes
- MLS#OM704718
- TypeSingle Family
- Listing Status Active
- CountyMarion
- CitySUMMERFIELD
- AreaSummerfield
- NeighborhoodSILVERLEAF HILLS
- Zip34491
- StyleSingle Family Residence
- Year Built1992
- Taxes$ 3490
- Price$ 3,500,000
- Bedrooms0
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage504
- Lot Size33.12 Acres
Data Source:
Stellar MLS
Property Description
Exceptional 33+ Acre Equestrian Estate in Silverleaf Hills. This remarkable 33+ acre farm offers one of the most beautiful elevations in Marion County, with rolling terrain, majestic mature oaks and picturesque views overlooking a lake. Located within Silverleaf Hills Equestrian Estates, a newly developed gated community encompassing more than 768 acres, and is across the street to the Kentucky Derby winning training operation of McPeek Racing race track. Positioned near the heart of the community at one of its highest elevations, the property offers multiple premier homesites with expansive views and the opportunity to bring your own builder and create a truly exceptional private equestrian estate. The farm was developed with commercial quality infrastructure and thoughtfully designed for efficient use as a breeding, training, show or private equestrian facility. Underground drainage systems, improved roads and carefully planned circulation provide durability and ease of operation throughout the property. The farm consists of two parcels totaling 33+ acres, including a 23.06-acre primary equestrian parcel featuring two impressive Kentucky style block center aisle barns known as “The Twins.” Each barn encompasses approximately 8,100 square feet, providing more than 16,200 square feet of substantial block barn construction combined. The two barns mirror one another across a beautiful Magnolia-lined viewing lane and together offer 42 stalls, including two double foaling stalls. Each barn features 12' x 12' stalls, LED lighting, rubber mats, wood-lined lower walls and fly systems, along with multiple tack rooms, laundry facilities, office space, break rooms, feed rooms, storage rooms and two breeding stocks. A circular drive with a dedicated unloading side ramp provides convenient access for large trucks and horse trailers. The equestrian improvements continue with 22 paddocks, including 19 covered paddocks featuring oversized three-sided steel shelters constructed on concrete/clay bases, five-board and no-climb fencing and automatic waterers. Additional amenities outdoor round pen and six-horse hot walker housed beneath a covered structure. The property is further enhanced by an oversized well, 50-amp RV hookup with its own dedicated septic system, mature landscaping and multiple exceptional future building sites. Whether envisioned as a premier breeding farm, show facility, training operation or luxury private equestrian estate, this property offers an extraordinary combination of established infrastructure, elevation, views and flexibility in one of Marion County's most distinctive equestrian communities. Over 16,200 square feet of block barn construction, 42 stalls, 22 paddocks and premier equestrian infrastructure are already in place bring your own builder and create the ultimate Marion County equestrian estate.
| Price History | |
|---|---|
| 2/10/2026 | Listed $5,495,000 |
| 2/11/2026 | 9$4,995,000 |
| 5/21/2026 | 10$4,495,000 |
| 7/7/2026 | 1$4,430,000 |
| 8/27/2026 | 21$3,500,000 |
General Features
| Sewer | Septic Tank |
|---|---|
| Heating | Wall Units / Window Unit |
| Cooling | Wall/Window Unit(s) |
| Utilities | BB/HS Internet Available,Underground Utilities |
| Roof | Shingle |
| Appliances | None |
| Zoning | A1 |
| HOA Fee | 2382 |
| Association Fee Includes | Maintenance Structure,Manager,Private Road |
| Construction Materials | Block,Stucco |
| Pets Allowed | Yes |
| Year Built | 1992 |
| View | Trees/Woods,Water |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2024 |
| Current Use | Horses |
| Ownership | Fee Simple |
| Waterfront Features | Lake Front |
| Community Features | Gated Community - No Guard,Golf Carts OK,Horses Allowed |
| Additional Parcels Description | 4764-039-000 |
| Assoc Fee Paid Per | Quarterly |
| County | Marion |
| New Construction | false |
| Property Type | Residential |
| Subdivision Name | SILVERLEAF HILLS |
| Facing Direction | East |
| Garage Y/N | false |
| Other Structures | Barn(s) |
| Total Rooms | 2 |
| Full Baths | 1 |
| Status | Active |
| Directions | Main entry gate off HWY 301 for Silverleaf Hills |
| City | SUMMERFIELD |
| Association Name | Parklane |
| Senior Community Y/N | false |
| MLS Area | 34491 - Summerfield |
| Lot Size Units | Acres |
| Lot Size Square Feet | 1442707 |
| Carport Y/N | false |
| Listing Terms | Cash,Conventional |
| Land Lease Y/N | false |
| Tax Annual Amount | 3490.38 |
| Additional Parcels Y/N | false |
| Lease Considered Y/N | true |
| Virtual Tour | https://www.youtube.com/watch?v=FtROvhFTkuo |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Occupancy Type | Owner |
| Tax Lot | 39 |
| Legal Description | SEC 24 TWP 17 RGE 22 BCC EASEMENT BOOK 1 PAGE 24 MAP BOOK 002 PAGE 312 SILVERLEAF HILLS TRACT 39 DESC AS FOLLOWS: COM AT THE SW COR OF THE SE 1/4 OF THE SE 1/4 OF SEC 24, TWP 17 S, RGE 22 E; TH N01-14-48 E ALG THE W BDY OF SAID SE 1/4 OF THE SE 1/4 O F SAID SEC 24, A DIST OF 766.35 FT TO THE POB; TH S85-01-06 W 581.46 FT TH N04-57-50 W 934.57 FT TH N85-09-12 E 1077.98 FT TO THE POINT OF CURVATURE OF A CURVE CONCAVE SELY, HAVING A RAD OF 400.00 FT AND A CENTRAL ANGLE OF 35-37-18 ; TH ELY ALG THE A RC OF SAID CURVE 248.69 FT (CHORD BEARING AND DIST OF S77-02-10 E 244.70 FT); TH S59-13-31 E 96.94 FT TH S36-01-12 W 1060.02 FT TH S85-01-06 W 112.81 FT TO THE POB. INGRESS/EGRESS EASEMENT LEGAL DESCRIPTIONS SEC A-1 DESC AS FOLLOWS: COM AT THE |
| Water View | Lake |
| Water Access Type | Lake |
| Minimum Lease | No Minimum |
| Water Access Y/N | true |
| Monthly HOA Amount | 794 |
| Additional Rooms | Inside Utility,Storage Rooms |
| Water View Y/N | true |
| Flood Zone Code | X |
| In Law Suite YN | false |
| Flood Zone Code X | Yes |
Interior Features
| Interior Amenities | Ceiling Fan(s) |
|---|---|
| Flooring | Tile,Vinyl |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Fireplace Y/N | false |
| Laundry Features | Laundry Room |
| LivingAreaSource | Owner |
| Total Baths | 1 |
Exterior Features
| Exterior Amenities | Courtyard |
|---|---|
| Vegetation | Mature Landscaping,Oak Trees,Trees/Landscaped |
| Fencing | Board,Fenced,Wood |
| Lot Features | Farm,Pasture,Rolling Slope,Zoned for Horses |
| Water Source | Well |
| Lot Size Area | 33.12 |
| Foundation Details | Slab |
| Spa | false |
| Building Area Total | 504 |
| Lot Size Acres | 33.12 |
| Road Surface Type | Paved,Asphalt |
| Private Pool | false |
| Waterfront Y/N | true |
| Road Frontage Type | Street Paved |
| Number of Lots | 2 |
| Horse Amenities | Arena,Riding Ring,Stable(s) |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 34491
Price
Taxes
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on September 11, 2026 1:33 AM UTC
he information contained herein has been provided by REALTORS® Association of Citrus County, Inc. This information is from sources deemed reliable but not guaranteed by REALTORS® Association of Citrus County, Inc. The information is for consumers' personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. The information contained in this web site is believed to be reliable but is not guaranteed.
