5676 State Highway 2 W - Sports and Entertainment FOR SALE


Defuniak Springs, FL 32433
$3,200,000 USD
850-685-3408
5676 State Highway 2 W, Defuniak Springs, FL for Sale
$3,200,000 USD
Sports and Entertainment - FOR SALE
1/32
null | Request Cap Rate

5676 State Highway 2 W
Defuniak Springs, FL 32433


OVERVIEW

Horse lovers and equine professionals will covet this working ranch that rivals any facilities elsewhere. It boasts a world-class equestrian facility, purposely designed for training, boarding and breeding horses, or perhaps for enjoying as a private retreat for the new owner and horses. The pristine 42-acre property includes a beautiful home, three barns and several wells. It has seven fenced paddocks with prime Argentine Bahia grass and automated watering systems. Serious riders will appreciate the lighted outdoor riding arena with footing designed for performance horses. The 4,800-sq.-ft. modern horse barn can withstand winds up to 140 mph. It has twelve 14x14 stalls, each with its own center drain and individual high-performance ceiling fans, custom slip-resistant rubber mats that aid in cleanliness and fly control system. The air-conditioned tack room is equipped with a washer/dryer and refrigerator, and has hot and cold water and a half bath. The 4,840-sq.-ft. equipment/storage barn includes three oversized garage spaces and a workshop. The third barn is 6,850 square feet with concrete flooring, great for storage for hay, shavings and trailers. An industrial diesel generator and a high-pressure agricultural well ensure the ranch is totally self-sustaining. After a busy day, the well-appointed home offers a relaxing haven with three spacious beds, three baths and two large living areas, both with cozy feature fireplaces. Tile flooring provides a seamless flow into the open gourmet kitchen, which has granite countertops and a host of cabinets and appliances. The master suite is particularly spacious and has a lavishly appointed bathroom with a deep jetted tub, walk-in shower and twin vanities. When you could go for a dip in a pool, the huge screened patio has a kidney-shaped pool and a hot tub for soothing aching muscles. It’s surrounded by far-reaching views of the surrounding paddocks and mature native trees. Combining a dream home and lifestyle with the possibility of a working equestrian business, this is a unique opportunity to change direction and secure the good life. Located close to I-10, this dream facility is convenient for many A-rated equestrian events as well as South Walton beaches and the Destin-Fort Walton Airport.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$258 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Ranch With Home And Equestrian Facilities

PROPERTY TYPE

Sports and Entertainment

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

42 AC

LAND SF

1,829,520 SF

ZONING

AG

APN/PARCEL ID

35-5N-20-30000-006-0000

ASK ABOUT THIS PROPERTY

Lisa LaFlureScenic Sotheby's International RealtyMore Info
850-685-3408

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Lisa LaFlureScenic Sotheby's International RealtyMore Info
850-685-3408

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.