Just six minutes from downtown Carlton, this private equestrian estate sits at the end of a gated private road, surrounded by larger acreage properties with sweeping views of the pond, woods, and surrounding farmland. Designed for both horse enthusiasts and those seeking a peaceful country lifestyle, the property offers outstanding amenities in a truly picturesque setting. The horse facilities feature a well crafted barn with oversized Noble stalls, matching tack lockers, wash stall, hay and feed storage, and multiple fenced pastures with new corner posts for rotational grazing. One pasture stays green through August, and there's ample room to park horse trailers, trucks, and equipment. The property's centerpiece is a large bass-stocked pond supplied by water rights from the adjacent year-round stream, with additional stream frontage, a stand of growing timber, and a spacious garden area enhancing the natural beauty. The updated home offers a flexible floor plan with an open-concept living area, large kitchen featuring a center island with bar seating, double ovens, and new appliances installed in 2021. The main-level primary suite includes a spa-inspired ensuite with walk-in shower, soaking tub, and adjoining office. Upstairs are three bedrooms and a bonus room, while the daylight lower level offers a second primary suite, two additional bedrooms, kitchenette, family room, game room, and covered patio-ideal for multigenerational living or guests. The main level opens to an expansive deck overlooking the pond, while a large concrete patio provides the perfect setting for entertaining. A matching outbuilding currently used as a kennel has a wash station with dedicated water heater, individual stalls and runs, a one-acre exercise yard and is wired for a mini-split HVAC system - this could be an office, shop or other. This property features an exceptional combination of privacy, functionality, and beauty-creating one of Yamhill County's premier equestrian retreats.