A custom estate that was originally built as a personal residence for the creator of the Bel-Lago community has changed hands for $2.1 million, marking a significant appreciation in value for the property over the last several years.
David and Kristina Devol purchased the home from Timothy and Vicki Yeatman for $2,100,000 on Tuesday, March 17, according to a deed file with the Marion County Clerk of Courts. The home is situated on 1.40 acres of land that is dotted with fruit-bearing citrus trees and live oaks.
The sale price of $2.1 million represents a substantial jump from 2022, when the home sold for $1.27 million. In 2021, it was purchased for $825,500.
The home was originally constructed as the personal residence for Peter Rosbeck, whose family has spent decades building custom homes in Cape Cod, Nantucket, and Martha’s Vineyard. Rosbeck discovered the property, which was formerly the Blue Bird Farm, while he was looking to build a thoroughbred horse farm in Ocala.
The residence spans more than 4,000 square feet of living space and features a total of 3 bedrooms and 2.5 bathrooms. The home is filled with arched impact-rated glass doors, Travertine and white oak hardwood flooring, and rustic wooden beams. It also features high ceilings with coffered and tray detailing and a private internal courtyard with a fountain.
In addition to the main home, a detached, 500-square-foot suite with a kitchenette, is currently being used as a private home theater…