A fully operational, income-generating Equestrian & Event facility on 154 acres, priced below appraised value & well below replacement Value! Located on PAVED Hwy 11, just 32 minutes West of Red Deer  on PAVEMENT, this turn-key property includes 120 acres of productive HAY LAND & a 25,000 sq ft (100'x250'x20') engineered steel building, purpose-built in 2015. This fully insulated, heated arena features reinforced overhead doors to ensure alternative useage, a temperature-controlled wash bay, private tack room, HRV systems, radiant heaters, and large-scale ventilation—designed to handle commercial-level activity. This exceptional facility currently generates multiple streams of income from boarding, training, haul-in riders, riding clinics, Jumping, Western/Cattle events, 4H Beef & Horse activities and more. Infrastructure includes a 2022- heated 84’x36’ barn with 12 Hi-Hog stalls, complete with auto-waterers, a 2022- 80’x40x16’ hay/equipment shed, Steel Pipe paddocks with an approx 65 horse capacity, auto-waterers, fenced and cross-fenced for efficient management. The property is serviced by two water wells, two septic systems, natural gas to the arena & propane to the 2013- 1,520 Sqft 4 Bdrm/2 Bthrm Home and barn.  The Viewing lounge with kitchen & accessible bathrooms, enjoys in-floor heat & HRV to add comfort & functionality.  The 34’x100’ Upper Mezzanine is roughed-in for a kitchen, six bathrooms & two showers—ready for expansion into additional revenue space. Residential option includes a 2013 - 1,520 4 Bedroom modular home or removable to lower the price, with a builder ready to BUILD YOUR CUSTOM DREAM HOME!  Paved access on two sides, Mountain views, with major highway infrastructure (Hwy 11 twinning) underway, this strategically located property has a massive growth potential. ALL essential equipment for continued operations is included but can also be excluded for a reduced price. Whether you want to expand, invest, or own privately with some business income on the side, this property delivers value, infrastructure & opportunity—well BELOW appraised Market Value!