38201 Range Road 262 Rural Red Deer County, Alberta T4N 5E2

$1,695,000

This paradise property is a horse lovers dream. Whether you are looking for a place to have your horses or if you want to run a horse business this property has everything you are looking for. This outstanding Equestrian facility is located on very scenic 155 +/- acres just minutes from Red Deer.The 40’x64’ four bay shop/garage has a 3-bedroom 3 bathroom living space above. With 2574 +/- sq feet of living space there is plenty of room for all your needs. Spacious rooms with an open concept and extra bonus rooms for a gym or office. The living space boasts big windows allowing you a gorgeous view overlooking the property. Currently the space is operating as two separate apartments each with their own deck and entry. Seller has plans and quotes for the completion of the kitchen but have opted to allow the potential buyer input to the final finishing touches to their liking. The shop also has a 342 +/- square foot loft above the working area. It has an open area ready to create the space you want along with a 3-piece bathroom. Outside buildings include: Indoor Arena: 80'x160'x17.5' with 16'x14' & 14'x12' overhead doors heated with 3 Tube Heaters. Arena has GGT footing providing stability and shock absorption. This footing will not "pack", and magnesium has been added to virtually eliminate all dust problems. The Stable is 40'x58'x11.5' with R30 insulation factor and a 10'x10' overhead door with 4 Box Stalls, 8 Tack-up Stalls, 2 Wash Bays, 3 Holding Bays, & 2 Tack Rooms. The Arena and Stable is 16,200+/- sq ft with a mezzanine area above the horse stalls overlooking the indoor riding arena. The mezzanine needs to be finished yet adhering to fire prevention guidelines from the County before it can be open for public use. Currently the facility may be used for private ownership use. (More details available upon request).Site services include: 200 Amp power service, New 540 ft well drilled in 2022, 16 GPM and Propane serviced, 1000- & 500-gallon tanks owned.There is also a 34’x52’ hay storage shed and a 24’x48’ shavings shaving storage shed. The 125’x250’ outdoor riding arena is enclosed with permanent steel fencing built with 10” slope and 6” gravel base with drainage in mind allowing usability all year round. The sand footing is well groomed and maintained. The round pen is also included. There are 18 grassy paddocks ranging in size from 1 to 5 acres each with access to automatic waterers and a shelter along with three larger fenced pastures for bigger groups of horses. Paddocks range in size allowing three types of boarding - Larger Group ($350), Semi-private ($310) and Private ($475) and the annual fill rate is 99.0%. The County permit allows 50 boarded horses.The property boasts many scenic trails throughout with a short 1 km ride to the Red Deer Valley. This Beautiful property is horse ready and currently generating approximately $14,675 +/- per month with privately boarded horses plus additional owners breeding horses. (id:33281)

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https://www.realtor.ca/real-estate/25226132/38201-range-road-262-rural-red-deer-county