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$1,195,000 Just Listed
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Property Description
One or more photo(s) has been virtually staged. Welcome to a rare opportunity to own a privately positioned, turnkey mini-farm approximately 20 minutes from the World Equestrian Center, offering a refined blend of modern farmhouse design and functional equestrian living on 4.23 fully fenced acres. Designed for both everyday living and weekend escape, this property offers a rare sense of space, functionality, and comfort in one complete setting. Set behind an estate-style gated entrance with a concrete drive on a quiet cul-de-sac, the property is thoughtfully laid out for both privacy and usability. The land features two paddocks, 3-board fencing, and water is run to multiple areas, creating an efficient and practical setup for everyday use, with clear sightlines from the home to the paddocks. A standout feature is the concrete block barn with a 2023 roof, offering four horse stalls with water, a detached three-car garage, and covered space for equipment, trailers, or storage. The residence showcases a modern farmhouse design with an expansive wraparound covered porch spanning approximately 1,100 square feet, ideal for outdoor living. Inside, a grand two-story foyer with custom iron railing and farmhouse trim creates an immediate sense of scale and character, complemented by 10-foot ceilings on both the main and upper levels. The kitchen, fully installed in 2025, features a high-end chef's layout with quartz countertops, a large island, farmhouse sink, and premium 36-inch French door range and refrigerator. Real wood cabinetry provides durability and timeless appeal, complemented by a beverage bar with a dedicated beverage refrigerator, ideal for entertaining. The open layout flows into the main living area, anchored by a stone fireplace. Flooring includes LVP throughout the main level, with LVP and tile upstairs, offering both durability and ease of maintenance. Key improvements include a roof replacement in 2023, two HVAC systems replaced in 2025, water heaters updated in 2025 and 2026, and Energy Star windows installed in 2025 with a lifetime fully transferable warranty, including glass breakage. The property also includes a buried 500-gallon propane tank, along with smart features such as Ecobee thermostats and lighting controls. In addition to its privacy and equestrian functionality, the property is centrally located with convenient access to medical facilities, dining, and government services, offering a balance of seclusion and accessibility. This property delivers a rare combination of privacy, usability, and location, making it an exceptional opportunity in today's market.
Full Property Details
Full Property Details for 5440 NE 31st Terrace
General
- Price: $1,195,000
- HOA FEE: $27/month
- HOA FEE FREQ.: Annually
- Taxes: $4,508 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: O6402756
- Updated: 5/11/2026
- Added to Site: 3 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 3
- Interior Features: Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, Open Floorplan, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
- Fireplace: Yes
- Fireplace(s): Insert, Wood Burning
- Appliances: Bar Fridge, Convection Oven, Dishwasher, Electric Water Heater, Ice Maker, Refrigerator
- Furnishings: Unfurnished
- Flooring: Luxury Vinyl, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
Additional Information
- Security/Safety: Security Gate, Smoke Detector(s)
Exterior
- Exterior Features: Private Yard
Parking
- Garage: Yes
- Garage Spaces: 3
- Carports: Yes
- Carport: 1
- Carport Spaces: 1
- Covered Spaces: 4
- Parking Features: Oversized
Location
- Area: 34479 - Ocala
- County: Marion
- Development Name: 34479 - Ocala
- Subdivision: CROSSTIE RANCHES
- Driving Directions: NE 36th Ave North from Silver Springs BV. Turn left on NE 56th ST. Go to Stop Sign turn left on NE 31st Terrace, Homes driveway exits back of cut de sac. This driveway will lead to 2 gates. Proceed to the Gate on the right.
- Direction Faces: North
School Information
- Elementary School: Ocala Springs Elem. School
- Middle School: Howard Middle School
- High School: Vanguard High School
Community
- Community Name: 34479 - Ocala
- Community Features: None
- Association: Yes
- Assoc. Name: Stephen Williams
- Assoc. Fees Include: Private Road
- Number of Pets: 4
- Pet Restrictions: PER HOA, 1 dog per acre.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric, Heat Pump
Utilities
- Sewer: Septic Tank
- Water: Well
- Utility Description: Cable TV Available, Electricity Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
Structural Information
- Exterior Const.: Block, Concrete
- Roof: Shingle
- Windows: Blinds, Double Pane Windows, ENERGY STAR Qualified Windows, Low-Emissivity Windows
- Stories/Levels: Two
- Square Feet: 3,269
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Cattle, Poultry, Citrus, Horses
- Year Built: 2002
Additional Structures
- Other Structures: Barn(s)
Lot Features
- Lot Size (Acres): 4.23
- Lot Size (Sq. Ft.): 184,259
- Lot Size: 4.23
- Lot Dimensions: 285 x 646
- Street/Road Desc.: Asphalt
- Fencing (Description): Board, Wire
Financial Considerations
- Association Fee: $325
- Assoc Fee Freq.: Annually
- Assoc Fee Desc.: Required
- Tax Amount: $4,508.92
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SEC 27 TWP 14 RGE 22 PLAT BOOK 005 PAGE 061 CROSS TIE RANCHES LOT 20
- Flood Zone Info: X
- APN: 1490600020
- Property ID: 1490600020
- Block/Lot/Section: NA
Listed by Magnolia & Main Realty Advisors Llc
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Schools
Schools serving 5440 NE 31st Terrace
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
Ocala Springs Elementary School 5757 Northeast 40th Avenue Road, Ocala, FL 34479 | PK-5 | 0.8 mi |
Howard Middle School 1655 Nw 10th St, Ocala, FL 34475 | 6-8 | 4.7 mi |
Vanguard High School 7 Northwest 28th Street, Ocala, FL 34475 | 9-12 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5440 NE 31st Terrace
Date
Details
Price
Change
Source
5/11/2026
Listed
$1,195,000
497.5%
MLS
6/10/2011
Sold
$200,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5440 NE 31st Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,509
6%
$299,074
3%
2024
$4,240
2%
$290,645
3%
2023
$4,138
3%
$282,180
6%
2021
$4,027
—
$265,982
-3%
2022
$4,024
—
$273,961
4%
2021
$4,027
8%
$262,310
4%
2018
$3,721
2%
$251,632
2%
2017
$3,653
1%
$246,456
2%
2016
$3,601
-1%
$241,387
1%
2015
$3,631
-8%
$239,709
-7%
2019
$3,940
15%
$256,413
8%
2014
$3,416
—
$237,807
-1%
2013
$3,405
—
$239,542
—
Disclaimer: Historical tax 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 5440 NE 31st Terrace
5440 NE 31st Terrace, Ocala, FL 34479 (MLS# O6402756) is a Single Family property with 3 bedrooms and 3 full bathrooms. 5440 NE 31st Terrace is currently listed for $1,195,000 and was received on May 11, 2026. Want to learn more about 5440 NE 31st Terrace? Do you have questions about finding other Single Family real estate for sale in Ocala? You can browse all Ocala real estate or contact a Coldwell Banker agent to request more information.

