Stunning location just 10 minutes west of Water Valley. This beautiful 150-acre fenced and gated property offers a rare blend of open pasture, spacious yard, and dense forest with meandering creeks, creating an ideal setting for nature lovers and horse enthusiasts alike. Approximately 50 acres are dedicated to hay and pasture, while the balance is mature forest, offering privacy and recreational opportunities. Set up for a few horses with corrals and a round-pen, the property includes a massive 100 x 75 indoor riding arena with a full-length 16 side storage area along the east side perfect for equipment, tack, and feed. The unique 2,571 square foot walkout bungalow features vaulted ceilings and warm fir finishing throughout. The open-concept main living space includes a wood-burning stove, a huge kitchen ideal for gatherings, and a cozy family room perfect for relaxing. The spacious primary suite is located just off the living area and boasts a luxurious ensuite with a freestanding tub, dual vanities, water closet, brand new shower, wet sauna, and an expansive walk-in closet with custom cabinetry. The main floor also includes a second living area, flex space that was previously a second kitchen and a convenient laundry room complete with a full bathroom, utility sink, and a shower that is also handy as a dog wash station. The bright and spacious lower walkout level includes a large living and recreation room, a full second kitchen, two generous bedrooms, a newly finished four-piece bath, another laundry station, plenty of storage, and a beautiful office with built-in cabinetry ideal for working from home. A great space for multi-generational living. Additional features include a heated triple attached garage, 30'x65' tarp storage building, back up natural gas generator, two greenhouses for gardening, wood boiler system for the house in-floor heat and a massive west-facing deck to enjoy summer evenings. This exceptional property must be seen to be truly appreciated. Book your showing today!