39-Acre North Florida Equestrian Estate Sold by CBC Saunders Real Estate

FOR IMMEDIATE RELEASE (LAKELAND, FL May, 23 2011) –

Recently sold by Coldwell Banker Commercial Saunders Real Estate is the 38.92 +/- acre equestrian estate, known as Hacienda de la Mancha.

Real estate associates who handled the deal are Clay Taylor, ALCand David Hitchcock.

The seller is a large financial institution and the buyers are David and Jill Hopcroft. The property sold for $750,000 and was on the market for approximately six months.

Buyer, David Hopcroft states, “We felt that now was the right time to purchase because indicators seem to show that the market has bottomed out. Now is the smart time to buy. Great deals can offer large upside profit in the future for those who buy at the right time.”

The 38.92 +/- acres will be used by the buyer as a single family residence and horse farm.The property includes riding trails, covered arena, round pen, dressage riding ring and clubhouse with kitchen.

Located in a serene, sparsely populated, rural, west Summerfield area of Marion County, near Ocala, Florida, it is in the middle of known horse country and well suited for the equestrian lifestyle.

About Coldwell Banker Commercial Saunders Real Estate 
Brokering nearly $1 Billion in sales from 1996 to 2010 and over $750 Million in sales from 2004 to 2010, the Company is highly regarded as an authority on all types of Florida land. The Saunders team of notable land real estate professionals offers advisory and transactional services through its home office in Lakeland, FL and its network of Coldwell Banker Commercial affiliate offices nationwide and worldwide.

CBC Saunders Real Estate offers a broad range of servicesto meet the real estate needs of landowners. Through long-held relationships with key government and industry decision makers, the firm provides consulting on government issues both locally and on state and national levels to assure maximum return on investments. For more information, please visitwww.saundersrealestate.com.