This equestrian estate is a true year-round facility spanning 10 stunning, functional acres. This farm has received many recent new improvements. (Please see Supplemental Information).The 22-stall iconic courtyard barn includes a 4-bed, 3-bathroom apartment, 2 tack rooms, kitchen, office, feed room and 6 wash stalls - all stalls with fans, mats and fly spray. Ride rain or shine with new JTWG Premier indoor & outdoor arenas (180'x150'), new round pen and a grand prix field. New impact windows throughout. Whole-farm generator, oversized whole-farm R.O. water system, new irrigation, and paved trailer area. A large storage barn and huge A/C hay facility add serious utility. The 4-bed, 4 bath home with pool is centrally located. A serious investment property -Income potential $300k See more.. PROPERTY OVERVIEW<br />Asking Price: $5,200,000<br />Parcel Size: 10.02 Acres (White Fences, Deer Run Subdivision)<br />Zoning: AR (Agricultural Residential)<br />Property Use Code: 6800 - AG Classification Equestrian<br />RESIDENTIAL<br />4-Bedroom Apartment (Above Barn)<br />Year Built: 2003<br />Square Feet Under Air: 2,052 SF (Apartment only)<br />Total Square Footage: 13,684 SF (barn included)<br />3 Full Bathrooms<br />Impact windows<br />4-Bedroom House (Ranch Style)<br />Year Built: 1985<br />Square Feet Under Air: 2,546 SF<br />Total Square Footage: 2,762 SF<br />Renovated: 2025<br />3 Full Bathrooms<br />Completely Rebuilt Swimming Pool (2025)<br />Freshly Painted Exterior (2025)<br />All New Impact Windows (2024)<br />EQUESTRIAN FACILITIES<br />22-Stall Barn Includes:<br />6 Wash Stalls<br />2 Tack Rooms<br />Office, 2 Half Bathrooms<br />Kitchen<br />4-Bedroom, 3-Bathroom Apartment Above Barn<br />Hurricane Impact Shutters for stalls<br />Impact Windows<br />New Fire Alarm (2025)<br />Arenas & Riding Areas:<br />New Outdoor Arena: 150' x 180' JTWG Premier (2024)<br />Indoor Arena: JTWG Premier Surface (2024)<br />New Round Pen: Newly Installed (2024<br />0.8-Acre Jump Field (Grass)<br />Storage & Utilities:<br />75' x 40' Pole Barn (Shavings, Equipment, or Temporary Stalls)<br />40' x 30' Air-Conditioned Hay Storage + Workshop (+1,700 SF Under Air)<br />Whole-Farm Generator (2024)<br />Trailer Parking with Hardstanding<br />Paddocks:<br />12 Fenced Paddocks with Room for Expansion<br />INFRASTRUCTURE UPGRADES (2024-2025)<br />New Whole-Farm Irrigation System:<br />Pump, Control Panel, Pipework, Heads<br />Upgraded Reverse Osmosis System:<br />Both Pumps Replaced<br />Over-engineered system for size of farm<br />Other Upgrades:<br />Freshly Painted Exteriors Throughout<br />Lights Converted to LED<br />Impact windows throughout the property<br />New Fire Alarm System<br />Extensive Fencing Replacements<br />Revised hardscaping throughout<br />INCOME PRODUCTION<br />Business Report and Redacted Leases Available<br />Pro Forma (Full Occupancy Estimates):<br />Conservative Estimate: $224,400<br />High-End Potential with Rentals & Add-Ons: $300,000+<br />CAP RATE ANALYSIS (Based on $5.1M Asking Price):<br />Conservative NOI: $164,000 ’ Cap Rate: 3.21%<br />Pro Forma NOI: $240,000 ’ Cap Rate: 4.7% - 4.9%<br />TAX ADVANTAGES<br />AG Zoning: Eligible for Agricultural Exemption (Lower Ad Valorem Taxes)<br />Depreciation: Applicable to Residential & Income-Producing Structures<br />SUMMARY HIGHLIGHTS<br />Fully Modernized, Turnkey Equestrian Investment<br />Designed for multiple equestrian disciplines<br />Covered Arena for Year-Round Use and Rental Income<br />Ideal for Investor, Professional Rider, or Owner-Operator<br />Exceptional Income Potential in Established Gated Community<br />Located in gated White Fences; White Fences residents can use Deer Run through road meaning a short 10 minute drive to Wellington International Showgrounds<br />Surrounded by Miles of Quiet, Horse-Friendly Trails
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Last Updated: . Source: BMLS
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Listing Agent: Kirsten Kopp (#276541309)
Listing Office: Kirsten Kopp Real Estate (#276670108)
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