5540 SE 157TH STREET ROAD, SUMMERFIELD, FL, 34491
Active401 days on marketListed Jul 1, 2025MLS #OM704718
About this home
5540 SE 157TH STREET ROAD
This 61 + acre farm features one of the most beautiful elevations in all of Marion County! Are you dreaming of a life surrounded by nature, luxury, and top-tier equestrian facilities? Imagine waking up to the serene sounds of sandhill cranes and the sight of rolling hills adorned with numerous majestic oak trees overlooking your own private spring-fed lake, providing a tranquil canvas for your equestrian dream farm. Silverleaf Hills Equestrian Estates, a newly developed, gated community spanning over 768+ acres of breathtaking beauty and this farm is the 2nd largest in the community, adjacent to the Kentucky Derby winning training center McPeek Racing. Nestled in the heart of the community with one of the highest elevations for amazing picturesque views and several premier building sites designed for efficiency and elegance. First-Class Construction: This farm was built with commercial quality infrastructure including roads with underground drainage systems around your primary parcel, ensuring durability and ease of management for your equine operations perfectly laid out for breeding and or show farm use. Three Parcels totaling 51+ acres: 28.55 lake and pastures, 23.06 with 2 barns and 22 paddocks. covered walker and round pen. "The Twins" - TWO Classic Kentucky style Block Center Aisle Barns with 22 12x12 stalls each for a total of 42 (2 double foaling stalls), newly equipped with LED lighting and have rubber mats and wooden lower walls. The barns mirror each other between a Magnolia lined viewing lane, Multiple tack rooms, a laundry room, office spaces, a break and feed rooms, 2 breeding stocks and storage rooms and each barn equipped with fly systems. The circle drive with unloading side ramp for all rigs makes easy access . Features 19 covered paddocks with oversized three sided shelters built with steel and on concrete/clay base, with 5 board and no climb fencing and auto waters. 100 x 200 outdoor arena, round pen and a 6-horse walker within a covered building. Oversized well and 50 amp RV hookup with its down dedicated septic. Bring your own builder and create the ultimate Equestrian masterpiece.
Facts & features
The home at a glance
0
Bedrooms
1
Bathrooms
504
Sqft
61.67 ac
Lot size
1992
Year built
One
Levels
$8,790
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$26,810 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$26,810/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Summerfield actives
$8,790 vs $189
Days on market
401 vs 51 typical
Where $8,790/sqft sits among the 349 Summerfield actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Summerfield
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Summerfield. See the full Summerfield guide →
SUMMERFIELD 34491 — neighborhood snapshot
Population
32,369
Median age
54.4
Median income
$65,900
Median home value
$253,100
Avg household
2.3
Households w/ children
2,632
For the school run
Marion County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Summerfield market
$279K → $276K
Summerfield median sold, yr/yr
96.8%
Sale-to-list ratio (12 mo)
172 of 349
Summerfield actives have cut their price
Median sold price, Summerfield, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 1511% above the SUMMERFIELD 34491 median. See the full Summerfield market guide →
Paper trail
This home's history
Reality check
What actually sold near 5540 SE 157TH STREET ROAD
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$425,000
5401 SE 162ND STREET UNIT 32 · same community
2 bd · 2 ba · 1,404 sqft · $303/sqft · 582 DOM
Sold · Mar ’26$875,000
6615 SE 158TH PLACE UNIT 6 · same community
4 bd · 3 ba · 3,131 sqft · $279/sqft · 0 DOM
Sold · Sep ’25$65,000
5085 SE 145TH PLACE
1 bd · 1 ba · 576 sqft · $113/sqft · 0 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 5540 SE 157TH STREET ROAD — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5540 SE 157TH STREET ROAD — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
5540 SE 157TH STREET ROAD FAQs
What would the monthly payment be for 5540 SE 157TH STREET ROAD?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $26,810/mo — principal and interest, the actual property-tax bill, the $794/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 5540 SE 157TH STREET ROAD?+
The association fee works out to $794 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 5540 SE 157TH STREET ROAD?+
The most recent tax bill on record (2024) was $3,490. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 5540 SE 157TH STREET ROAD?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Summerfield?+
At $4,430,000, this home is listed about 1428% above the Summerfield median of $289,900. The market section on this page shows how the area is trending.
Which schools are assigned to 5540 SE 157TH STREET ROAD?+
Lake Weir Middle School (middle), Harbour View Elementary School (elementary), Lake Weir High School (high) — Marion County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Positioned at the premium end
$4,430,000 runs 1511% above the SUMMERFIELD 34491 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Know the monthly fee
The association fee is $794/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Time on market is leverage
401 days on market against a Summerfield median of 51 — sellers in this position are usually ready to negotiate.
05The price has already moved
Listed at $7,295,000, now $4,430,000 — a $2.9M cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of COMPASS FLORIDA LLC · Chandler Marks, PA. MLS #OM704718.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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