Incredible opportunity to own a fully operational, income-generating equestrian and event facility on 138 acres, just 32 minutes W of Red Deer on paved Hwy 11. Priced well below Appraised and Replacement value, this property features a 25,000 sq ft Steel Engineered heated Arena.  Newly built in 2015, you will be hard-pressed to find bigger than this 100ft WIDEx 250 LONG ! You could turn it into a HOCKEY RINK or INDUSTRIAL BLDING if you chose to! With 105 acres of Hay land, you don't have to out-source your hay, steel pipe paddocks for approx. 65 horses, there are multiple revenue streams from boarding, training, clinics, cattle and horse events, making this an easy, affordable lifestyle to enjoy, with staff currently in place! Infrastructure includes a Radiant heated barn, just built in 2022-with 12 Hi-Hog stalls, auto-waterers in each stall & a 14ft Lean-too, a 40x80 ft Hay/Equipment shed, two water wells, two septic systems, a Viewing lounge with kitchen. The upper Mezzanine is already plumbed with 6 Bthrms & a Kitchen. The 2013 - 4 Bdrm/ 2-Bth modular home & ALL essential horse equipment to operate the facility is included OR can be excluded for a reduced price if you prefer to keep it private, change businesses and/or build your DREAM HOME!Stunning mountain views, PAVED access on 2 sides, major Hwy Twinning upgrades scheduled and a mere 30 min drive to HWY 2 Corridor, this is a strategic long-term investment. A rare, ready-to-go opportunity for business and an affordable lifestyle!