$200,000
$214,900
6.9%For more information regarding the value of a property, please contact us for a free consultation.
2.16 Acres Lot
SOLD DATE : 12/28/2020
Key Details
Sold Price $200,000
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Subdivision Jumbolair Aviation Estate
MLS Listing ID A4448149
Sold Date 12/28/20
Construction Status Inspections
HOA Fees $388/mo
HOA Y/N Yes
Annual Tax Amount $2,102
Lot Size 2.160 Acres
Acres 2.16
Lot Dimensions 398x235
Property Description
Forget Flying Commercial, Fly from your back door! Welcome to the largest and most exclusive aviation community in the world, Jumbolair. 7550 x 200 paved runway with GPS approach, and 3640 x 100 grass runway. 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, Mr. 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 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 community will exceed your expectations.
Location
State FL
County Marion
Community Jumbolair Aviation Estate
Zoning A1
Exterior
Community Features Deed Restrictions, Gated, Horses Allowed
Utilities Available Electricity Available
Amenities Available Airport/Runway
Building
Lot Size Range 2 to less than 5
Sewer Septic Needed
Water Well Required
Construction Status Inspections
Others
Pets Allowed Breed Restrictions, Yes
Ownership Fee Simple
Monthly Total Fees $388
Acceptable Financing Cash, Conventional
Membership Fee Required Required
Listing Terms Cash, Conventional
Special Listing Condition None
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