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    Working Horse Farm with Arenas Title is generated by Realmo AI

    15151 & 15101 NW 162ND TERRACE, Williston, FL 32696

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    For Sale
    $3,400,000

    Craftsman, Farm - WILLISTON, FL

    Type:Farm
    Property size:
    3,627 SF
    Lot size:
    23.25 Acres
    Price / SF:
    $937/SF
    Added:
    Jan 23, 2026
    Days on Market:
    115
    Last Refresh:
    May 18 at 9:06 am

    Property Features for 15151 & 15101 NW 162ND TERRACE

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Zoning
    A1
    Bedrooms
    6
    Bathrooms
    5
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Living Room
    Security features
    Fire Alarm, Security Gate, Security Lighting
    Pool private
    1
    Interior features
    Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Thermostat, Window Treatments
    Exterior features
    Fencing, Lighting, Storage, Pool, Security Lights
    Fencing
    Fenced, Gate
    Fireplace
    1
    Appliances
    Dishwasher, Dryer, Range, Refrigerator, Washer
    Standard status
    Active
    APN
    05728-000-02
    Size
    3,627 SF
    Lot size
    23.25 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    6213.78

    Utilities

    Heating system
    Central, Fireplace(s)
    Cooling system
    Central Air

    Building Details

    Year built
    1998
    Flooring type
    Laminate, Tile
    Building materials
    HardiPlank Type
    Roof type
    Shingle
    Architectural style
    Craftsman
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Pamela Allen
    Pamela Allen

    Listing agent Pamela Allen License #3260112

    Listing office HORSE CAPITAL HOMES AND FARMS 15964 nw 10th circle, CITRA, FL

    Listing date Jan 23, 2026

    MLS# OM717276 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Fully functioning horse farm/training facility in NW Marion County, close to World Equestrian Center and HITS.
    • Two residences: a main 3‑3 pool home and a 3‑2 guest cottage, offering flexibility.
    • Two well‑equipped center aisle barns, with run‑outs on Barn 2.
    • Equestrian facilities include a covered arena with mirrors and an outdoor Wordley Martin arena (250x150).
    • Includes garage with studio apartment, 3‑bay workshop, covered trailer parking, and 4 RV hook ups.
    • Rolling acreage with mature trees, paddocks, and pastures, combining beauty and usability.

    Overview

    This working horse farm and training facility is located in NW Marion County, offering convenient access to the World Equestrian Center (20 minutes), HITS (7 minutes), and Barnstaple & Sweet Dixie (10 minutes). The property includes two residences: a main pool home (3-3) and a guest cottage (3-2), providing flexibility for owners, trainers, staff, or income generation. Two well-equipped center aisle barns, with Barn 2 featuring run-outs, support a variety of equestrian activities. The 23.25-acre farm features rolling acreage, mature trees, paddocks, and pastures. Equestrian facilities include a covered arena with mirrors, a 250x150 outdoor Wordley Martin arena, and a cross-country schooling field with a water complex, ditch, and banks. The layout is designed to support an active and efficient horse operation. Additional features include a garage with a studio apartment, a 3-bay workshop, covered trailer parking, shavings storage, a round pen, 4 RV hook-ups, and 2 commercial Speed Queen barn washing machines. The property consists of two parcels being sold together. It is zoned A1. The main residence is 3,627 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Suggested Use

    Restaurant Law Firm Big Box & Wholesale Store Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Williston
    County
    Levy
    State
    Florida
    Longitude
    -82.3925704
    Latitude
    29.3629041

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    FAQs

    What type of property is this?
    Horse & equestrian property - Turnkey equestrian property with two residences and professional-grade facilities.
    Where is this horse & equestrian property located?
    The property is located at 15151 & 15101 NW 162ND TERRACE Williston, FL.
    What is the asking price?
    The asking price for this property is $3,400,000.
    What are key features of this property?
    This property features: Fully functioning horse farm/training facility in NW Marion County, close to World Equestrian Center and HITS.; Two residences: a main 3‑3 pool home and a 3‑2 guest cottage, offering flexibility.; Two well‑equipped center aisle barns, with run‑outs on Barn 2.
    (352) 502-6160
    We can help!
    Listing Contact
    Pamela Allen
    Pamela Allen
    Real Estate License ID: 3260112
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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