Commercial equestrian facility · Bend, Oregon

66240 Black Horse Ln

$2,900,00024.1 acresExclusive Farm Use (EFU)

List Price
$2,900,000
Acreage
24.1 acres
Indoor Arena
16,320 sq ft
Stall Barn
54 stalls · 20,640 sq ft
Water Rights
Approx. 15 acres
Residence
2 bed / 2 bath

The property

A purpose-built commercial horse training facility on 24.1 acres north of Bend, with water rights for approximately 15 acres. A covered arena, a 54-stall barn, extensive covered runs and turnouts, hay storage, and a modest on-site residence — assembled as a working operation rather than a country estate.

16,320 sq ft indoor arena

Purpose-built for year-round riding and training, with a clear-span timber-truss interior completed in 2018.

54-stall barn

A 20,640 sq ft center-aisle barn with rows of matted stalls, wash and tack areas, plus a club room and an office — each with a full bathroom and a kitchenette.

Turnout at scale

Twelve loafing sheds, four 1,536 sq ft lean-tos, and fenced pipe paddocks spread across the property for individual and group turnout.

Approximately 15 acres of water rights

The 24.1-acre property includes water rights for approximately 15 acres. County records classify 23.10 acres as Exclusive Farm Use ground, plus a 1.00-acre home site.

Income

Stall rental income

The barn is currently operated with one horse trainer on site paying $220 per stall per month, with roughly 20 stalls rented — a number that usually doubles in winter. With more than one trainer, the barn can operate at full capacity.

Current

$4,400

per stall / month

Stalls rented
≈ 20 stalls
Annually
≈ $52,800 / yr

Winter

$8,800

per stall / month

Stalls rented
≈ 40 stalls
Annually
≈ $105,600 / yr

Full capacity

$11,880

per stall / month

Stalls rented
54 stalls
Annually
≈ $142,560 / yr

Stall rental figures provided by the listing agent; buyer to verify current agreements and income.

Selected views

All 52 photos →
Aerial view with Cascade mountain viewsAerial view with Cascade mountain viewsAerial of the covered arena and barn16,320 sq ft indoor arena

Facility spec sheet

53,532 sq ft of improvements

StructureCountEachTotal sq ftBuilt
Indoor Arena116,32016,3202018
54-Stall Barn120,64020,6402018
Lean-To41,5366,1442018
Hay Cover15,4005,4002017
Loafing Shed93363,0242017
Loafing Shed31685042017
Well House15765762017
Residence19249241997
Full property details →

Arrange a showing

Tours of the barn, arena, and turnouts are by appointment.

Contact the listing agent