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About this home
25723 Bareva Rd is a home Weeki Wachee. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Rare opportunity to acquire a true large scale equestrian property in the heart of Weeki Wachee. Situated on 40 acres in the highly desirable Royal Highlands, this 16-stall facility offers a level of infrastructure, functionality, and location that is increasingly difficult to find in Hernando County. At the center of the property is a substantial MD BarnMaster barn with a metal roof built for durability, safety, and long-term use. The barn includes 16 stalls, multiple tack and feed rooms, washrooms, lighting, and a layout designed for daily operation. Additional equestrian improvements include: 4 4x40 paddocks with Ramm fencing, a 200 ft-diameter riding area, a 60 ft-diameter round pen, a Eurociser, and a track around the perimeter of the property, along with a fully fenced perimeter. Also included in the sale are 4 buildable half-acre lots on the exterior of the property. These are selling for $25,000-$35,000 each and will be included in the sale of the 40 acres. The property is 95% high and dry, with only 2 acres having a little flood zone. The residential component includes 6 park model homes in the middle of the property. Each park model home is a 1-bed 1-bath unit that comes with a front deck, electricity, and water. Each unit has high-end luxury vinyl flooring, a bathroom, a kitchen, fans, and closet space. This allows for staff housing, rental income, or on-site management, with the option to build a custom primary residence. Next to the main barn, your dream home awaits. The foundation for a 4,200 sq ft home has been poured and is ready for completion. The plans for this custom home and the survey come with the property. The property is conveniently situated just minutes from Weeki Wachee Natural Springs, the Gulf of Mexico, professional golf courses, hospitals, schools, shopping options, movie theaters, and restaurants, all within a quick 10-15 minute drive of multiple hiking trails. Live a quiet life with no HOA and all your wants and needs just minutes away! In addition to its current use as a working equestrian facility, the property offers long-term flexibility. With the existing plat, there may be potential for additional homesites, subject to county approval, creating further opportunity for future use or investment. Large properties of this scale and capability are rare in this location. This offering presents an opportunity for a trainer, investor, or owner-occupant to operate an income-producing equestrian business, create a private estate, or capitalize on future potential. Don’t miss the opportunity to make it yours.
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
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Price
$1,399,000
Time on market
180 days
Monthly payment
About $8,033/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $447 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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