4031 SE 20TH Street RARE FIND IN THE HEART OF THE CITY! This exceptional 5-acre agricultural-zoned property provides a once-in-a-lifetime opportunity to own a private retreat just minutes from everything Ocala has to provide - all within the highly desirable 34471 zip code! The classic red brick main home boasts incredible curb appeal with a charming front porch, perfect for morning coffee. Featuring great bones throughout, this home is ready for your vision and renovation to bring it back to its full glory. Some updates are already done, including a new AC, new hot water heater, new water softener, and an updated electrical panel. That gives you a head start on the big-ticket items before you begin cosmetic work. A detached 1 bedroom, 1 bath guest home complete with kitchen and living room sits on the property - ideal for living in comfortably while you renovate the main house. Once renovations are complete, this flexible space is perfect as an Airbnb/rental income opportunity or a mother-in-law suite. ?? Additional features include a barn, cross-fenced paddock areas, and chain-link fencing surrounding the home - perfect for horses, livestock, or hobby farming right in the city! Enjoy peace of mind with a gated entry featuring an electric keypad gate for added privacy and security. A spacious two-car detached garage provides ample storage and workspace. Zoned for Osceola Middle School and Forest High School - both excellent options in a sought-after school district. Whether you're an investor, multi-generational family, hobby farmer, or someone dreaming of country living in the city, this property checks every box. Bring your renovation ideas and make this one-of-a-kind estate your own!