Potential $300,000 revenue-generating horse facility with rental stalls and a home situated on 40 acres! Over $570,000 of improvements have been made, making this an amazing business opportunity for horse enthusiasts, trainers, or boarding operations. This exceptional property includes a 31-stall barn with an indoor riding arena, tack room, bathroom, laundry room, in floor radiant heat, and plenty of space for equipment. Pastures have new winter waterers. An additional hay barn, full of hay, is included. The ranch-style 3 bedroom home offers an open-concept layout with vaulted ceilings and a walkout basement, providing comfortable living or great rental opportunity. Carpet on the stairs will be replaced. See additional documents for cash flow analysis, improvements, and included equipment.
Active-no offer
$2,600,000
5678 Morrison Rd, De Pere, WI 54115
3beds
2,128sqft
Est.:
Single Family Residence
Built in 2002
40 Acres Lot
$2,628,400 Zestimate®
$1,222/sqft
$-- HOA
What's special
Tack roomWalkout basementVaulted ceilingsIn floor radiant heatLaundry roomOpen-concept layoutIndoor riding arena
- 7 hours |
- 335 |
- 8 |
Zillow last checked: 8 hours ago
Listing updated: 15 hours ago
Listed by:
Ben M Bartolazzi Office:920-770-4015,
Ben Bartolazzi Real Estate, Inc
Source: RANW,MLS#: 50319070
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Bedroom 1
- Level: Main
- Dimensions: 19x14
Bedroom 2
- Level: Main
- Dimensions: 13x11
Bedroom 3
- Level: Main
- Dimensions: 11x11
Dining room
- Level: Main
- Dimensions: 13x11
Kitchen
- Level: Main
- Dimensions: 15x11
Living room
- Level: Main
- Dimensions: 26x18
Other
- Description: Laundry
- Level: Main
- Dimensions: 9x8
Heating
- Forced Air
Cooling
- Forced Air, Central Air
Features
- At Least 1 Bathtub, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Walk-in Shower
- Windows: Skylight(s)
- Basement: Full,Sump Pump
- Number of fireplaces: 1
- Fireplace features: Wood Burning, One
Interior area
- Total interior livable area: 2,128 sqft
- Finished area above ground: 2,128
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached, Basement
- Attached garage spaces: 2
Accessibility
- Accessibility features: 1st Floor Bedroom, 1st Floor Full Bath, Laundry 1st Floor, Open Floor Plan
Features
- Patio & porch: Deck
Lot
- Size: 40 Acres
- Features: Horses Allowed
Details
- Parcel number: R402
- Zoning: Agricultural,Residential
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Poured Concrete
Condition
- New construction: No
- Year built: 2002
Utilities & green energy
- Sewer: Mound Septic
- Water: Well
Community & HOA
Location
- Region: De Pere
Financial & listing details
- Price per square foot: $1,222/sqft
- Tax assessed value: $1,004,500
- Annual tax amount: $10,986
- Date on market: 12/10/2025
- Inclusions: LS Tractor, hay barn, lean tos, waterers, Hay feeders, manure spreader, water trailer, hay ride wagon, arena drag, see attached documents for more.
- Exclusions: Sellers personal property
Estimated market value
$2,628,400
$2.50M - $2.76M
$2,634/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/10/2025 | Listed for sale | $2,600,000+44.8%$1,222/sqft |
Source: | ||
| 5/31/2022 | Sold | $1,795,000-18.4%$844/sqft |
Source: RANW #50250060 Report a problem | ||
| 4/8/2022 | Pending sale | $2,199,500$1,034/sqft |
Source: RANW #50250060 Report a problem | ||
| 4/3/2022 | Contingent | $2,199,500$1,034/sqft |
Source: | ||
| 10/22/2021 | Listed for sale | $2,199,500$1,034/sqft |
Source: RANW #50250060 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $12,200 +30.6% | $1,004,500 +58.2% |
| 2023 | $9,345 +6.8% | $634,800 +0.9% |
| 2022 | $8,748 -6.2% | $629,400 +0.1% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$13,722/mo
Principal & interest
$10082
Property taxes
$2730
Home insurance
$910
Climate risks
Neighborhood: 54115
Nearby schools
GreatSchools rating
- 7/10Susie C Altmayer Elementary SchoolGrades: PK-4Distance: 4.7 mi
- 9/10De Pere Middle SchoolGrades: 7-8Distance: 5.4 mi
- 9/10De Pere High SchoolGrades: 9-12Distance: 5.7 mi
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