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$1,900,000 -$300,000 (-13.64%) Price Reduced
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Property Description
Once in a lifetime opportunity! This beautiful 16.08 acre working farm is ready for the next owner!! This ready-to-operate farm comes complete with many equine facilities. It used to be the training center for UF dressage team! Let's begin with the entrance to the farm. It has two entrances: the private entrance is used for regular vehicles. It features an iron gate with stone pillars and mature beautiful palm trees to greet you as you enter the property. You then drive down the winding driveway lined with double-fenced paddocks and large oak trees for shade to access the main home and guest house. A second larger entrance can be used by tractors, trailers, RV and other large vehicles. The main house is centrally-located in the middle of the 16 acres. It is a beautiful old Spanish-style 2-bedroom 2-bathroom house. The roof was replaced with metal roof in 2006. Upon entering the home, you have a spacious screened-in front porch for those nice front-porch evenings to relax and enjoy the view. The home also boasts a large kitchen featuring an in-wall grill, a large commercial grade gas stove with double ovens, pizza oven and several burners for cooking and entertaining. The kitchen dining area also has a wooden fireplace. The owners' suite has a large walk-in closet, but the best part is a wooden fireplace that can be used for those crisp nights. The owners' suite bathroom comes with a comfortable jacuzzi tub-shower combo. The second bedroom has a wet bar with sink and small refrigerator. The guest bathroom has a large walk-in shower. The sunken living room has a breakfast nook off to the side facing the beautiful old oak trees and the farm. The side yard is fully fenced for the furry family members. The backyard comes with a large inground swimming pool with pool heater, completely fenced-in with a locking gate. The property also has 2 additional home sites available. The guest home is a 1-bedroom 1-bathroom house, in need of a full rehab with roof replacement and trusses, and the third and vacant site is ready for new build or mobile home. The utilities available on the property include 2 wells and 6 septic tanks (3 home sites and 3 RV sites by the barn). 3 barns with a total of 17 stalls can welcome the horses. 2 barns are 13-14 blocks tall (required for quarantine), and paddocks are spaced so that quarantine is also possible outside. The main barn features 8 regular-size stalls, an oversized 18x20 special-use stall and a large tack room/office. A wash-rack with hot water is available for the horses, as well as a washer and dryer hook-up to wash the blankets and more. A smaller barn features 6 regular-size stalls, and 2 stalls are available in one paddock. There is plenty of storage for feed and a pole barn for equipment storage. Equine training facilities include an Olympic-size dressage arena complete with mirrors, a 20m x 50m practice arena, and a large 40m x 60m jumper practice area, as well as a 60ft round pen, and 3 RV hook ups at the barns with water, sewer, and electricity. All paddocks and arenas have water features available for animal watering. The exterior perimeter of the farm has a double-fenced beautiful tree-lined canopy cool-down horse path that lines the perimeter of the farm. This property was previously used for training (UF dressage team as mentioned above), dressage, clinics supervised by international dressage judges, boarding and more, and it is less than a mile to the competition center at Majestic Oaks!
Full Property Details
Full Property Details for 4540 W Hwy 318
General
- Price: $1,900,000
- Taxes: $3,546 (2024)
- Status: Active
- Type: Farms/Ranches
- Source: MidFloridaRegionalMLS
- MLS ID: OM713261
- Updated: 1/13/2026
- Added to Site: 68 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 4
- Interior Features: Wet Bar
- Fireplace: Yes
- Fireplace(s): Stone
- Appliances: Electric Water Heater, Exhaust Fan, Indoor Grill, Range, Range Hood, Refrigerator
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Laundry Room
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Gunite, Heated, In Ground
Exterior
- Exterior Features: Dog Run
- Deck/Patio: Front Porch, Screened
- Porch/Patio/Deck: Front Porch, Screened
Location
- Area: 32113 - Citra
- County: Marion
- Development Name: 32113 - Citra
- Subdivision: NONE
- Driving Directions: From I-75 to Exit 368 go east on Hwy 318 crossing over 441 total of 4 miles property is on the right hand side of hwy 318. Directly across from the old Ocala Jai alai building. Enter through the 1st gate with the "H" on it at the palm trees.
- Direction Faces: Northwest
Community
- Community Name: 32113 - Citra
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Tank
- Water: Well
- Utility Description: Electricity Connected, Private
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Exterior Const.: Block
- Roof: Metal
- Stories/Levels: One
- Square Feet: 1,872
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Horses, Livestock
- Year Built: 1984
Additional Structures
- Other Structures: Additional Single Family Home, Barn(s), Finished RV Port, Guest House, Shed(s), Workshop
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 16.08
- Lot Size (Sq. Ft.): 700,445
- Lot Size: 16.08
- Frontage: Highway
- Street/Road Desc.: Asphalt
- Fencing (Description): Board, Fenced, Wire
Financial Considerations
- Tax Amount: $3,546
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SEC 34 TWP 12 RGE 21 COM AT THE NW COR OF SEC 34 TH E 10 CHS MOL TO NE COR OF NW 1/4 OF NW 1/4 OF NW 1/4 TH CONT E ALONG N BNDY INTO THE THOMAS CLARK GRANT TO THE CENTERLINE OF 120 FT VAC ACL RR TH SLY TO THE INTERSECTION OF THOMAS CLARK GRANT LINE T H NWLY TO THE W BNDY OF VAC ACL RR TH S TO THE S BNDY OF N 1/2 OF NW 1/4 TH W ALONG THE S BNDY TO A PT THAT IS S OF THE POB TH N TO THE POB & COM NW COR N 89-35-51 E 662 FT S 00-08-03 W 33 FT S 00-08-03 W 629.12 FT N 89-39-47 E 593.53 FT TO POB N 89 - 39-47 E 70 FT S 00-00-15 E 662.86 FT S 89-43-56 W 70 FT N 00-00-15 W 662.76 FT TO POB EXC THAT PA
- Flood Zone Info: X
- APN: 329400000
- Property ID: 329400000
Listed by Dalton Wade Inc
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Schools
Schools serving 4540 W Hwy 318
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
Reddick-Collier Elementary School 4595 West Highway 316, Reddick, FL 32686 | PK-5 | 2.8 mi |
North Marion Middle School 2085 West Highway 329, Citra, FL 32113 | 6-8 | 5.8 mi |
North Marion High School 151 West Highway 329, Citra, FL 32113 | 9-12 | 6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4540 W Hwy 318
Date
Details
Price
Change
Source
1/13/2026
Price Reduced
$1,900,000
-13.64%
MLS
12/20/2025
Price Reduced
$2,200,000
-12%
MLS
11/11/2025
Listed
$2,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4540 W Hwy 318
4540 W Highway 318, Citra, FL 32113 (MLS# OM713261) is a Farms/Ranches property with 2 bedrooms and 2 full bathrooms. 4540 W Highway 318 is currently listed for $1,900,000 and was received on November 11, 2025. Want to learn more about 4540 W Highway 318? Do you have questions about finding other Farms/Ranches real estate for sale in Citra? You can browse all Citra real estate or contact a Coldwell Banker agent to request more information.

