Set on 4.86 private acres with sweeping territorial views of Parrett Mountain, this exceptional horse and farm property offers a perfect blend of privacy, space, and convenience just minutes from both Sherwood and Newberg. A true contractor's dream, the property offers plenty of room for equipment, trailers, work vehicles, future outbuildings, workshops, or expanded agricultural use. The 4-bedroom, 3-bathroom home offers 2,469 square feet of updated living space, including a permitted 550 square foot ADU with a private exterior entrance that is ideal for multi-generational living, guests, rental income, or a home office. Inside, features a remodeled kitchen with quartz countertops, stainless steel appliances, and tile backsplash, along with newer paint, luxury vinyl plank flooring, and an open concept layout. The spacious living room features a cozy pellet stove and sliding doors leading to a large deck overlooking the scenic property. The primary suite includes a walk in closet, dual sink vanity, tile walk in shower, and soaking tub. Downstairs, the studio style ADU features a kitchenette, full-size refrigerator, and full bathroom. Equestrian and hobby farm enthusiasts will love the impressive 120' x 40' covered riding arena with four stalls, tack room, 220V power, and outdoor turnouts. Fully fenced and cross-fenced, the property is ideal for horses, livestock, gardens, orchards, and more. Additional features include ample parking for RVs, trailers, and equipment, plus a Generac 22K whole-home generator. This rare property offers the ideal mix of country living, hobby farm potential, and contractor-friendly functionality.