Classic Mile Park training facility on the market for $37 million

The Classic Mile Park training facility near Ocala, Fla., has been put on the real estate market for $37 million, according to a statement from Premier Sotheby’s International Realty.

According to the real estate agency, Classic Mile is the largest listed equestrian property in Florida, positioned on 703 acres with 20 barns and 700 stalls plus 122 paddocks and 17 round paddocks. Additionally, it has a three-eighths dirt road and a one-mile dirt road. Also on the property is an office with a two-bedroom apartment, a main house with a private six-stall barn, and five additional staff residences.

Originally owned by Fred Hooper, a well-known breeder in Thoroughbred racing, the property was purchased in 1985 by Domenic Martelli, a New Jersey real estate developer. An experienced rider, he originally planned a racecourse for the land, but instead it was turned into one of the region’s first public training centers and the site of his personal residence.

Many well-known Thoroughbreds have trained at the facility and published training at the track continued to take place this month. The facility is popular with riders for its training tracks and paddocks.

Located near the World Equestrian Center, Ocala International Airport and area golf courses, the land offers ample opportunity for development, Premier Sotheby’s International Realty said.

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