20540 SW 5TH PLACE at

20540 SW 5TH PLACE

For sale Days on market 91

$795,000

$596/sq ft

$55,000
Price Decreased

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Overview

Bedroom

Bath

Year Built

1997

Garage

Sqft

1334

Property Type

Farm

Property Description

Overlooking 19+ acres to the North end of Dunnellon, this versatile farm offers a great combination of privacy and potential– all with no HOA restrictions! Conveniently located just around the corner from US 41 and a short drive from both the World Equestrian Center, HITS, and Ocala’s variety of shopping and dining options, this farm is perfectly positioned to get the most out of Central Florida’s exciting equestrian lifestyle. Designed for both efficiency and flexibility, the property features a 12-stall center-aisle barn complete with feed and tack rooms, 5 pastures/paddocks, and lush bahia grass fields that were previously used for hay production. Whether your focus is training, boarding, or passive seasonal rental income, the farm is well suited for a variety of uses, skill-levels, and disciplines with ample opportunity to further customize if desired. Two residences are currently established on property: The main home is a 3-bedroom, 2-bath block home with over 1,300 sqft of space. Updates to this home include a new roof in 2024 and new HVAC in 2022. The secondary home is a 3-bedroom, 2-bathroom mobile home built in 2015, offering plenty of flexibility for guests, in-laws, or potential rental income. This would be a great option for those looking to take advantage of the local equestrian and outdoor tourism with an AirBnb or VRBO with Rainbow Springs State Park, the Rainbow River, and the Goethe State Forest just minutes away. With no HOA, established infrastructure, and multiple opportunities for income through boarding, seasonal rentals, or Airbnb/VRBO potential, this is a rare opportunity to own a centrally located farm in one of Marion County’s most desirable equestrian corridors!

Property Details

MLS#

OM725007

Garage

Total Floor in Bldg

Address

20540 5TH SW

City

DUNNELLON

State/county

Zip/Postal Code

34431

Area

Farm Non-sub

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$3,332

Maint Fee

$--

Tax Year

2025

Dishwasher

Microwave

Range

Refrigerator

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