Address
0 NE 14TH TERRACE #Lot B-8 Ocala, FL
Price
$ 349,900
Property Attributes
  • MLS#A4448130
  • TypeLand
  • CountyMARION
  • CityOcala
  • AreaOcala
  • NeighborhoodJumbolair Aviation Estate
  • Zip34479
  • StyleResidential
  • Taxes1277
  • Price$ 349,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2.1 Acres
Listing Provided Courtesy Of:
PREMIER SOTHEBYS INTL REALTY
Property Description

Welcome to the largest and most exclusive aviation community in the world, Jumbolair. Originally owned by Muriel Vanderbilt Adams, an American socialite and great-great-granddaughter of railroad and shipping magnate Cornelius Vanderbilt. Muriel Vanderbilt owned 80 acres surrounding the mansion where she bred thoroughbreds in the 1960s and '70s. The property was the birthplace of Eclipse champion and U.S. Racing Hall of Fame inductee Desert Vixen. However, the legend of Jumbolair really began in 1980 with the eccentricity of Arthur Jones, inventor of Nautilus exercise equipment, when he and his wife Terri purchased the estate and an additional 450 acres. They added the runway and the warehouse facilities. In 1989, Terri took over and helped develop the aviation community. An accomplished pilot type rated in everything from a Citation to a 747. Her plans for the community were born out of her love for aviation. In 2013, Frank Merschman acquired the property, took the remaining aviation estate lots off the market and ended the B&B. He built his own estate and kept the property private, except for an occasional event where owners of exotic cars could use the runway as a drag strip. Situated in Ocala, FL, Jumbolair's rolling hills and sprawling oaks seem in direct contrast to its large 7,550-foot runway. The homesites have separate roads and taxiways. This private, gated community will exceed your expectations with its lush landscaping and abundant natural beauty.

Price History
10/7/2019 Listed $349,900

General Features

Association Amenities Airport/Runway
Association Y/N Yes
Community Features Deed Restrictions, Gated Community, Horses Allowed
HOA Fee 388.00
HOA Fee Frequency Monthly
MLS Area 34479 - Ocala
Monthly HOA Amount 388.00
Pet Restrictions Confirm with HOA
Pets Allowed Breed Restrictions
Property SubType Residential
Property Type Land
Special Listing Conditions None
Status Active
Subdivision Name JUMBOLAIR AVIATION ESTATE
Terms Cash, Conventional
Township 14
Unit Number Lot B-8
Zoning A1

Interior Features

Utilities Electricity Available

Exterior Features

Front Footage 235
Lot Dimensions 388x235
Lot Size Acres 2.10
Lot Size Square Feet 91476
Sewer Septic Needed

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 34479

Price
AVG $270K
$350K
Taxes
AVG $818
$1,277
Visits
AVG 5
6

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