Listing provided courtesy of COMPASS FLORIDA LLCas Distributed by MLSGrid- MLS# MFROM710941MLS Provider

5540 SE 157TH STREET ROAD #(Option 1)SUMMERFIELD, FL 34491

Single Family · 1 Full Bath · 540 Sq. ft. | 23.06 Acres
$3,295,000 Active

5540 SE 157TH STREET ROAD #(Option 1) Overview

Time on Site:
250 days
Visits:
5

This 23 + acre farm features one of the most beautiful elevations in all of Marion County! Bring your horses and cows! Are you dreaming of a life surrounded by nature, luxury, and top-tier equestrian facilities? Imagine waking up to the serene sounds of sandhill cranes and the sight of rolling hills adorned with numerous majestic oak trees providing a tranquil canvas for your equestrian dream farm. Silverleaf Hills, a newly developed, gated community spanning over 768+ acres of breathtaking beauty and next door to Kentucky Derby wining training center McPeek Racing. Nestled in the heart of the community with amazing picturesque views and premier building sites designed for efficiency and elegance. First-Class Construction: This farm was built with commercial quality infrastructure including roads with underground drainage systems around your primary parcel, ensuring durability and ease of management for your equine operations. TwPar Featuring 23.06 with 2 barns and 22 paddocks, covered walker and round pen. The Twins - TWO Classic Kentucky style Block Center Aisle Barns with 22 12x12 stalls each for a total of 42 (2 double foaling stalls), newly equipped with LED lighting and have rubber mats and wooden lower walls. The barns mirror each other between a Magnolia lined viewing lane, Multiple tack rooms, a laundry room, office spaces, a break and feed rooms, 2 breeding stocks and storage rooms and each barn equipped with fly systems. The circle drive with unloading side ramp for all size and semi rigs easy access . Features 19 covered paddocks with oversized three sided shelters built with steel and on concrete/clay base, with 5 board and no climb fencing and auto waters, round pen and a 6-horse walker within a covered building. Oversized well and 50 amp RV hookup with its own dedicated septic. Bring your own builder and create the ultimate Equestrian masterpiece with spectacular primary sites along with several sites for guest houses and cottages. Nearby to Publix, Costco and dozens of restaurants! Adjacent acreage opportunities may also be available, creating the potential for an expanded estate, equestrian facility, or multi-parcel family compound available to combine up to 61 + acres total!

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5540 SE 157TH STREET ROAD #(Option 1) Facts & Features

  • Type Single Family
  • Sq. ft. 540
  • Price/Sq.ft. $6,102
  • Lot 23.06 Acres

Details

General

Association/HOA

  • Association Amenities: Trail(s)
  • Association Fee: 1130
  • Association Fee Frequency: Quarterly
  • Association Name: Parklane
  • Association: Yes

Building Information

  • New Construction: No
  • Year Built: 1992

Location/Region

  • Country: US
  • County Or Parish: Marion
  • MLS Area Major: 34491 - Summerfield
  • Subdivision Name: SILVERLEAF HILLS
  • Township: 17S

Community/Development

  • Community Features: Community Mailbox,Deed Restrictions,Gated Community - No Guard,Golf Carts OK,Horses Allowed

Tax Information

  • Tax Annual Amount: 3490.38
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 4764-39-000
  • Pets Allowed: Yes
  • Property Sub Type: Farm
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None
  • Zoning: A1

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 0

Building Interior

  • Building Area Source: Estimated
  • Building Area Total: 540
  • Building Area Units: Square Feet

General Information

  • Appliances: None
  • Cooling: Wall/Window Unit(s)
  • Fireplace: No
  • Flooring: Tile,Vinyl
  • Foundation Details: Slab
  • Heating: Ductless
  • Interior Features: Ninguno
  • Laundry Features: Laundry Room
  • Levels: One
  • Living Area: 540
  • Living Area Source: Estimated
  • Living Area Units: Square Feet
  • Spa: No

Unit Information

  • Unit Number: (Option 1)

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 23.06
  • Lot Size Dimensions: 948x1060
  • Lot Size Square Feet: 1004493
  • Number Of Lots: 1
  • Road Surface Type: Asphalt
  • Vegetation: Mature Landscaping,Oak Trees,Trees/Landscaped
  • Water Source: Well

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick,Stucco
  • Direction Faces: East
  • Roof: Shingle

General Information

  • Carport: No
  • Exterior Features: Courtyard
  • Fencing: Board,Wire,Wood
  • Horse Amenities: Round Pen,Stable(s)
  • Other Structures: Barn(s)
  • Pool Private: No
  • Sewer: Septic Tank
  • Utilities: BB/HS Internet Available

Room Information

Room: Kitchen

  • Level: First
  • Dimensions: 12x15
  • Length: 15
  • Width: 12

Room: Studio

  • Level: First
  • Dimensions: 12x15
  • Length: 15
  • Width: 12

5540 SE 157TH STREET ROAD #(Option 1) Neighborhood

Community

34491 (SUMMERFIELD) Demographics

56
Median Age
664
Population Density (per sq. mile)
28%
College Educated
$48,187
Estimated Median Income
11,039
Estimated Total Home Owners
1,699
Estimated Total Renters
87% / 13%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5540 SE 157TH STREET ROAD #(Option 1) Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5540 SE 157TH STREET ROAD #(Option 1) Market Data

Based on the last 30 days in this zip code

$349,056
Average List Price
$210
Average Price per Square Foot
72
Properties Sold
119
Average Days on Market
493
Properties for Sale
Calculations provided by Reliance Network

5540 SE 157TH STREET ROAD #(Option 1) History

Date Event Value Agent
5/21/2026Source: My Florida Regional MLS Price Reduction
$3,295,000 -5.7%
4/30/2026Source: My Florida Regional MLS Price Reduction
$3,495,000 -5.4%
3/19/2026Source: My Florida Regional MLS Price Reduction
$3,695,000 -7.6%
3/5/2026Source: My Florida Regional MLS Price Increase
$4,000,000 0.1%
2/10/2026Source: My Florida Regional MLS Price Reduction
$3,995,000 -11.1%
1/28/2026Source: My Florida Regional MLS Price Reduction
$4,495,000 -4.3%
12/26/2025Source: My Florida Regional MLS Price Reduction
$4,695,000 -3.2%
12/2/2025Source: My Florida Regional MLS Price Reduction
$4,850,000 -2.0%
10/30/2025Source: My Florida Regional MLS Price Reduction
$4,950,000 -7.9%
10/18/2025Source: My Florida Regional MLS Added to Database
October 18, 2025