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721 Gowan Rd
LaFayette GA 30728 US

$835,000

Pending Listing ID 1300598
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5 bed
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5,636 sqft
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6.00 Bath (5 Full Bath , 1 Half Bath)
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Built in 2013
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Lot: 15.19 acre
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Farm

$835,000

Pending Listing ID 1300598
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721 Gowan Rd Welcome to your new home! This is a unique opportunity to own a slice of heaven with a great potential to build a large working income. Multiple buildings and a very large home give this property several optionsthat most other homes cannot offer. At the heart of the entire operation is an outstanding, massive indoor covered show arena, with viewing and judging levels. This facility was used to breed and develop Arabian stallionsand all of the facilities support that level of finish and care. The arena ties into the adjoining stall areas (European fronts), which have fans, lighting and open-ended walk-throughs. This connects in turn to the two story entertaining area, which has a commercial kitchen and well finished Great Room. This was designed to impress visitors to the facility, so the tall ceiling and soaring windows make a stunning impression. The upstairs is broken up into office rooms and storage of differing sizes. Bathrooms are scattered across both levels of this complex, and there is also a 3rd level for yet more storage. There are several nearby barns that offer more stalls, more storage and a proper breeding area as well. This is currently a working horse property, with approx 15 acres in use for riding and grazing. There is also an adjoining 60+ acres currently leased annually. Many of the stalls are leased monthly. There is a large pond on the property, and several fields and paths for riders to enjoy. Quiet, peaceful pastures are drawing in riders from nearby areas to use on a regular basis. The home has several recent upgrades outside, and some renovations inside as well. It is a 5 Bedroom, 5-1/2 Bath home with 3 stories and plenty of room to spread out and expand. Unfinished basement has lots of potential for future needs. Main level has several bedrooms and bathrooms for guests, and a sun room overlooking the main barn and riding area. All main rooms are over-sized, for handling large groups of guests. Upstairs has more bedrooms and large entertaining areas as well. Garage doors on the lower and main level make it convenient to unload and store necessities. The overall appeal of this property is the ability to grow an existing horse property into a much larger operation. The current owner has been steadily building up clients since purchasing, but there is tremendous potential to fill the stalls and make this a well-paying operation. The covered show arena is very hard to find on most working farms today. The biggest possibility that may exist is the option of expanding this into a working horse farm that caters to wedding or other special events. Massive amounts of nearby parking join the 4-unit efficiency complex just below the barn, which gives the option of keeping guests overnight. There are several concreted or graveled outdoor areas that would be great for receptions, photo events and other activities. Come tour this unique property today and see the potential that you could create with this much of everything!

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Property Features

  • Facts
  • Built in: 2013
  • Lot Size: 15.19 acre
  • Property Type: Residential
  • Property Sub-type: Farm
  • Features
  • Full Bathrooms: 5
  • 1/2 Bathrooms: 1
  • Cooling System: Central A/C
  • Exterior Finish: Brick
  • Floor Covering: Carpet, Hardwood
  • Parking Type: Garage - Attached, Off Street
  • Roof Type: Composition Shingle
  • View Type: Lake
  • Heating Fuels: Electric
  • Heating Systems: Fireplace
  • Additional Features
  • Deck
  • Fireplace
  • Patio
  • Pond

School Information

  • School
  • Naomi Elementary(Elementary)
  • LaFayette High(High)
  • LaFayette Middle(Middle)
Listing Changed: 4/27/2021 1:23:03 AM GMT
Source Updated Date: 5/10/2021 6:30:04 AM GMT

Courtesy of: Deanna Lindsey, Keller Williams Realty

Listing Source - ListHub

Copyright © 2021 Greater Chattanooga Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.