130-acre Marion horse farm sold for nearly $3 million

A 130-acre horse farm in northwest Marion County was just sold for nearly $3 million.

The multi-acre property located at 13418 NW Highway 225 in Reddick was sold by Robert Davidson as representative of the estate of the late Bruce Davidson for $2,958,471.40 to William Bello and the Bello Family Trust on Thursday, March 20.

According to Marion County property records, the late Davidson purchased Chandelle Farm, Inc. in 2001 for $850,000. Its sale 20 years later represents a 350% increase in price between sales.

The property features a 4-bedroom, 3-bathroom home built in 1974 and a 3-bedroom, 2-bathroom manufactured home built in 1988.

Additionally, the farm includes 2 training barns, a stallion barn with five stalls, and a brood mare barn with 12 stalls. There are additional accommodations in the barns.

According to records, the property is currently zoned agricultural (A-1).

The sale of another large property in Marion County comes amidst several similar sales in the past few months:

1. A multi-acre horse farm in northwest Ocala sold for $3.6 million.
2. A 186-acre horse ranch in northeast Marion County was sold for $3 million
3. A 39-acre horse farm in northwest Ocala sold for $2.4 million
4. A 25-acre horse rehabilitation center sold for $2.7 million
5. A 21.84-acre horse farm in northwest Ocala sold for $2.8 million,
6. A 100-acre farm in northwest Ocala sold for $6.4 million
7. A 38.65-acre farm in northwest Ocala sold for $3,665,000
8. A nearly 47-acre farm in northwest Ocala sold for $4,400,000

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