52 acre parcel in city limits, commanding view of Oldman River valley and City of Lethbridge, 1842 sq ft walkout bungalow, on machine terraced 3 acre building site. Area structure plan in place, 300 yards of University Drive frontage, potential for 15+ river valley view lots. SW flavoured house surrounded by mature spruce trees. East side has large windows lighting your large country kitchen (hickory cabinets), living room & master BR. Patio doors from kitchen & master BR lead to two cedar decks overlooking two terraces & river valley. 5 BRs & 4 full bathrooms, huge FR, craft room & den.$50,000 of improvements last three years; floors redone (fir & oak up, porcelain tile down), bathrooms renovated, fresh paint whole house, hot water tanks & septic tank. Exterior stucco, metal roof and metal clad windows. Property cross fenced for small horse boarding operation, capacity for 20+ horses. 1066 sq ft shop has walkout basement, two stables & 6 tack boxes. Upper flr has shop and storage (potential garden suite). 200,000 gallon pond cleaned in 2020. Paddocks & lighted outdoor riding arena on lower terrace. Engineering report completed, set back lines delineated. Vendor financing available, min $1 million down, balance in 4 annual installments at 2%. This is a rare opportunity to own a very unique property that will not come up for sale often.