5540 SE 157th Street Road, photo 1
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Overview

0 bd1 ba504 sqftSingle Family
TypeSingle Family
HOA$2,382/qtr
Built1992
Lot1,442,707 sqft
Living area504 sqft
Price / sqft$6,339

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)CourtyardGated Community - No GuardGolf Carts OKHorses Allowed

5540 SE 157th Street Road is a 1992-built home in Silverleaf Hills, Summerfield. Listed at $3,195,000 (about $6,339/sqft), 390 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $2,382 quarterly.

From the listing

This remarkable 33+ acre farm offers one of the most beautiful elevations in Marion County, with rolling terrain, majestic mature oaks and picturesque views overlooking a lake. Located within Silverleaf Hills Equestrian Estates, a newly developed gated community encompassing more than 768 acres, and is across the street to the Kentucky Derby winning training operation of McPeek Racing race track. Positioned near the heart of the community at one of its highest elevations, the property offers multiple premier homesites with expansive views and the opportunity to bring your own builder and create a truly exceptional private equestrian estate. The farm was developed with commercial quality infrastructure and thoughtfully designed for efficient use as a breeding, training, show or private equestrian facility. Underground drainage systems, improved roads and carefully planned circulation provide durability and ease of operation throughout the property. The farm consists of two parcels totaling 33+ acres, including a 23.06-acre primary equestrian parcel featuring two impressive Kentucky style block center aisle barns known as “The Twins.” Each barn encompasses approximately 8,100 square feet, providing more than 16,200 square feet of substantial block barn construction combined. The two barns mirror one another across a beautiful Magnolia-lined viewing lane and together offer 42 stalls, including two double foaling stalls. Each barn features 12' x 12' stalls, LED lighting, rubber mats, wood-lined lower walls and fly systems, along with multiple tack rooms, laundry facilities, office space, break rooms, feed rooms, storage rooms and two breeding stocks. A circular drive with a dedicated unloading side ramp provides convenient access for large trucks and horse trailers. The equestrian improvements continue with 22 paddocks, including 19 covered paddocks featuring oversized three-sided steel shelters constructed on concrete/clay bases, five-board and no-climb fencing and automatic waterers. Additional amenities outdoor round pen and six-horse hot walker housed beneath a covered structure. The property is further enhanced by an oversized well, 50-amp RV hookup with its own dedicated septic system, mature landscaping and multiple exceptional future building sites. Whether envisioned as a premier breeding farm, show facility, training operation or luxury private equestrian estate, this property offers an extraordinary combination of established infrastructure, elevation, views and flexibility in one of Marion County's most distinctive equestrian communities. Over 16,200 square feet of block barn construction, 42 stalls, 22 paddocks and premier equestrian infrastructure are already in place bring your own builder and create the ultimate Marion County equestrian estate.

The essentials

Built
1992
Price / sqft
$6,339
On market
465 days
Annual tax
$3,490
HOA
$2,382/qtr
Flood zone
X · Low risk
Lot
1,442,707 sqft
Type
Single Family Residence

At a glance

Single family
Built 1992
Waterfront
Lake Front
33.12 acres
Lot size
504 sqft
Living area

Payment

Est. monthly payment
$19,345/mo
Down payment (20%)
$639,000
Property taxes
$291/mo
HOA
$2,382/qtr
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1992
Lot
1,442,707 sqft
Cooling
Wall/Window Unit(s)
Heating
Ductless
Parking
-
Waterfront
Lake Front
Days on Market
465
Ceiling Fans(s)
Courtyard
Gated Community - No Guard
Golf Carts OK
Horses Allowed
Flood Zone X
Annual Tax (2024)
$3,490
Parcel #
4764-25-000

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Silverleaf Hills
County
Marion
MLS Area
34491 - Summerfield
Lot Size
1,442,707 sqft
FarmPastureRolling SlopePavedZoned for Horses
HOA
$2,382/qtr
Parklane

Price history

Date
Event
Price
9/26/2026
Price change
Source: Stellar MLS #OM704718
$3,195,000-5.9%
$6,339/sqft
-
Price change
Source: Stellar MLS #OM704718
$3,395,000-53.5%
$6,736/sqft
7/1/2025
Listed for sale
Source: Stellar MLS #OM704718
$7,295,000
$14,474/sqft

Neighborhood

5540 SE 157th Street Road
Summerfield, FL, 34491 · 34491 - Summerfield

Market insights

Offer Insights

Choose an offer strength

List price: $3,195,000
$3.14M – $3.19M
98.1% – 100% of listTops out right at the list price
80% of listList price
171 of the last 341 home closings in 34491 landed at this number or higher (50%). The median one sat 56 days before it went under contract, and this one is on day 465 after a $4,100,000 cut.

Sample: 341 closed home sales in 34491 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$19,346/mo
Principal & interest$16,663
Property taxes$291
Insurance$1,598
HOA$794
Down payment20% · $639,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA is the fee reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$3,195,000

$6,339 per sq ft

Size

504 sq ft

Time on market

465 days

Year built

1992

Monthly payment

About $19,345/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $3,490 annual tax bill, insurance, and the $2,382/qtr HOA fee.

HOA fee

$2,382/qtr

Managed by Parklane.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered byCOMPASS FLORIDA LLCListing agent: Chandler Marks, PAListing data from Stellar MLS, MLS# OM704718.

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