View Full Version : Padua just out side of The Villages where you get more home for your money!
Indy-Guy
05-10-2009, 09:33 AM
I have driven North of 42 on 301 many times and admired Padua Horse farm on the West side of the road. Padua is less than a mile North of 42 on 301. The other day I told my wife I would do a search and see what I could find out about this beauitful farm. Well to my surprise it is for sale for a mere 35 million. Yes million with an M. Remember it is a buyers market.
Take a look at the site below and be sure and watch the video.
Yes you can get more home for you dollar just outside of The Villages.
http://www.joanpletcher.com/listing-Padua+Stables++Ocala+Horse+Farm-53.html
Campbell soup
05-10-2009, 10:18 AM
35 million divided by 75000 TV residents = is only about a 500 bucks a person...maybe we should all pitch in...lol....oh wait ! I forgot about the taxes wages etc. Never mind bad idea.
Becky
05-10-2009, 01:23 PM
Sent this on to my daughter and SIL. She is a veterinarian and her hubby is a horse trainer. This would be perfect for them! Slight problem with too many 0's on the end of what they're asking though! Like about 3 too many 0's! Think the owners would do a land contract? :laugh::laugh:
Becky
MMC24
05-10-2009, 04:25 PM
Good of luck with that sale. Nice piece of property but the asking price is way out there.
Villages Kahuna
05-10-2009, 05:45 PM
Padua Stables is a well-known thoroughbred racing stable. Until the Ocala operation closed a couple of years ago, it was very successful in breeding and training winning horses. Padua was a partner in the ownership of 2007 Horse of the Year and Breeders’ Cup winner Curlin and 2007 Haskell Invitational winner Any Given Saturday. The stables are owned by a wealthy Indian businessman, Satish Sanan and his wife Anne.
His bio shows that Sanan is President and CEO of Zavata Inc. The company is a significant worldwide competitor in business process outsourcing. The company focuses on providing technology-based information processing to healthcare, insurance, government and commercial Industries. Sanan is a highly regarded and established entrepreneur, who founded his first company, IMRglobal in 1988. He grew that company from its modest beginnings into a major, international IT services and consulting firm. Sanan took IMRglobal public in 1996, continued to grow IMR to employ over 3,000 employees, and sold the company in 2001 to the giant information processing company CGI Group, Inc. He then remained in the information processing business by founding Zavata. Sanan and his wife live in Clearwater and also in a huge new home he built on his new farm near Lexington. Zavata's headquarters are in Orlando.
The story I heard was that Sanan wanted to build a half dozen or so luxury homes for use by his friends and clients of the farm. The homes were to be sited well back on the property, far from view from CR 301. After a long period of negotiation with the City of Ocala and Marion County, the owner's request was denied. I suppose the public record would show why--I don't know.
Very shortly after his unsuccessful attempt to subdivide the property to accomplish his objective, Sanan announced to the city and county that he would be moving his thoroughbred operations from Ocala to the Lexington, KY area. The effect of the move was a major reduction in tax revenues to both the city and county.
Shortly thereafter, Sanan announced that he had purchased the historic Bluegrass Heights Farm near Lexington from the well-known Kentucky thoroughbred breeder and trainer, “Colonel” Horace Davis III. The farm adjoins the famous Three Chimneys’ Farm and will be managed by and become an operational division of Three Chimneys. Three Chimneys has produced two Kentucky Derby winners.
So there you go. Who knows whether Sanan simply wanted to move closer to the epicenter of thoroughbred racing near Lexington, or whether he was just miffed at the local authorities for interfering with his desires for his property. Either way, it's pretty clear that he can afford it.
clyd709
05-10-2009, 05:52 PM
Several years ago I heard that Padua Stables was owned by Reba McIntyre Don't know for sure it may only have been a rumour. Has anyone else heard about it
Frangyomory
05-10-2009, 06:52 PM
It has been for sale for some time. One of the sons lived there by himself for a while. Don't know if he is still there. Just happens that the gal who comes to clean our house also did their cleaning. She said they were very nice people but she didn't know the full reason why they were selling.
Now if we all put our money together we MIGHT get the down payment!! LOL!!!!!:jester:
Indy-Guy
08-24-2009, 10:36 AM
I have driven North of 42 on 301 many times and admired Padua Horse farm on the West side of the road. Padua is less than a mile North of 42 on 301. The other day I told my wife I would do a search and see what I could find out about this beauitful farm. Well to my surprise it is for sale for a mere 35 million. Yes million with an M. Remember it is a buyers market.
Take a look at the site below and be sure and watch the video.
Yes you can get more home for you dollar just outside of The Villages.
http://www.joanpletcher.com/listing-Padua+Stables++Ocala+Horse+Farm-53.html
Looks like it is still on the market. I would have thought someone in The Villages would have just ran over and purchased.
Or perhaps some of you that have just found The Villages would be interested.
Just remember if you purchase you have to have a Talk Of The Villages lunchen there after you move in
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