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Income Producing Equine Operation in the Heart of Happy Valley

Sold - $1,500,000.00

140 Eastwood Farm Lane Bellefonte, PA 16823

Property Summary
65+ Acre Horse Farm in a beautiful setting and ideal location minutes from State College & Penn State University with very easy access to the airport and I-80/I-99. Situated between Bellefonte and State College, this property is in a great location with respect to future growth in the Centre Region. 40 acres of productive hayfields allow for a self-sustaining horse operation. There are two barns with a total of 32 horse stalls. One has an attached 60X200 shadow-free riding ring, plus workshop and equipment storage and office space. There are two solid homes. One is a 1970 2-story, 3 bedroom, 2 bath home with a natural stone fireplace and an attached garage. The second home is a 2004 manufactured ranch with 3 beds + 2 baths with the potential for a separate apartment in the basement. Both homes have nice settings and views. There is a 200X400 exterior all-weather surface riding ring. 

Home Features
The 2 story home includes 2 bedrooms, 2 full baths, office, kitchen, and open dining & great room featuring a custom fireplace w/ pellet stove insert. 1 stall garage attached. It has lots of natural light and a southern exposure.

The 2nd home overlooking Eastwood Farms is a 2004 Redman manufactured home on a Superior Walls foundation. Well maintained, new metal roof (Nov. 2020), 3 beds, 2 full baths, beautiful kitchen open to the living room, large deck for entertaining and enjoying Bellefonte's countryside. Full, unfinished basement w/ separate access and roughed-in plumbing has great potential for finishing for a second separate living unit or for an office.

Land Features
Approx. 40 acres of tillable ground. The majority of the tillable acreage is relatively level to gently sloping. There's enough tillable acreage to provide hay for all of the horses you would be boarding. In addition, there are 20 acres of fenced pasture.

Horse Facility Features
The newer barn was built in the early 1970s: 16 stalls in a 34X160 section that includes 2 tack rooms, a wash stall, a grooming stall, 2 storage rooms- one w/ laundry, feed room & bathroom. Balance of barn is the 60X200 indoor riding area lighted for shadow-free riding and equipment storage and shop area.

Older 2 story bank barn: 16 stalls in lower level with additional 2 grooming stalls, wash stall, tack room, and feed room. The upper level is traditional hay storage.

The outdoor riding ring is 200X400 of all-weather surface situated between Siebert Rd and the newer horse barn.

Property Records

  • Code Number: 12-003-,092A,0000-
  • Exterior: Vinyl
  • Zoning: Agriculture
  • Style: 1 1/2 Story & Manufactured Ranch
  • Age: Main Home: 1970 2nd Home: 2004
  • Garage: 1 Attached
  • Sewer: On Site/Septic
  • Water: Well
  • Schools: Bellefonte Area School District
  • Acres: Tillable: 40
    Fenced Pasture: 20+/-
    Site: 5
    Total: 65
  • Township: Benner
  • Taxes: City/Township: $617
    School: $3,187
    Total: $3,804
  • Covenants: None
  • Mineral Rights Included: Yes