This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/47
$1,165,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/47
Property Description
One or more photo(s) has been virtually staged. Rarely does a property have this much flexibility, privacy and move-in-ready value in one setting. Privately positioned behind a gated entrance on 4.23 fully fenced acres, this equestrian-ready Ocala estate combines a beautifully updated 3,269-square-foot home with a four-stall concrete-block barn, two paddocks, a detached three-car garage and covered trailer or equipment storage-approximately 20 minutes from the World Equestrian Center. From the moment you arrive, the property feels private, peaceful and purpose-built for a buyer who wants more than a house. The expansive wraparound porch offers nearly 1,100 square feet of outdoor living space, creating the perfect setting for morning coffee, quiet evenings, entertaining or simply enjoying the acreage around you. Inside, the home blends character with modern upgrades. Ten-foot ceilings on both levels, a dramatic two-story foyer, custom iron railing, a stone fireplace and multiple living areas create a warm, inviting layout with room to live, work and entertain comfortably. The 2025 chef-inspired kitchen is designed to be the heart of the home, featuring quartz countertops, a large island, solid-wood cabinetry, farmhouse sink, beverage bar and premium 36-inch appliances. Major improvements have already been completed, giving the next owner the benefit of reduced near-term maintenance and fewer costly surprises. Updates include a 2023 roof, two HVAC systems replaced in 2025, updated water heaters and Energy Star windows installed in 2025 with a transferable warranty. Outside, the equestrian-ready setup provides the infrastructure buyers often spend years trying to create. The four-stall concrete-block barn, fenced paddocks, water access and generous trailer or equipment space make the property well suited for horses, livestock, hobby use, vehicle storage or a home-based business. Properties that combine acreage, usable equestrian infrastructure, substantial garage space and a fully updated residence are increasingly difficult to find-especially this close to Ocala amenities and the World Equestrian Center. This is not simply a home on acreage. It is a lifestyle property that is ready for its next chapter.
Full Property Details
Full Property Details for 5440 NE 31st Terrace
General
- Price: $1,165,000
- HOA FEE: $27/month
- HOA FEE FREQ.: Annually
- Taxes: $4,508 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: O6402756
- Updated: 8/2/2026
- Added to Site: 111 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
Get Pre-Approved Today
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
7/08/2026
Price Reduced
$1,165,000
-2.51%
MLS
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 $1,165,000 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.

