luxury real estate for sale Spencer, United States

Set across 55 breathtaking acres in Owen County, this extraordinary country estate offers a rare opportunity to create a private family compound surrounded by rolling pastures, mature woods, scenic ponds, and miles of trails. Designed for those seeking space, privacy, recreation, and a connection to the outdoors, the property blends the character of a rural estate with the amenities of a luxury retreat. The custom-built main residence features 5 bedrooms, 4 full and 2 half baths, multiple office spaces, a private theater, and a three-season porch overlooking the picturesque grounds. Extensive updates include renovated living areas, mechanical improvements, insulation upgrades, and a new hot tub. Equestrian enthusiasts will appreciate the existing barn infrastructure, indoor riding arena, fenced acreage, and open pastureland, offering exceptional potential for private horse ownership, riding, training, or the creation of a boutique family horse farm. The expansive barn complex could easily support stalls, tack rooms, equipment storage, and future stable enhancements. A separate guest residence provides ideal accommodations for extended family, guests, a groundskeeper, estate manager, or caretaker, allowing for seamless management of the property while maintaining privacy for the main residence. Outdoor amenities create a true resort-like setting, including an in-ground pool, hot tub, patios, decks, water features, multiple ponds, and a dramatic 125-foot suspension bridge connecting various areas of the estate. Miles of trails invite horseback riding, hiking, ATV use, and year-round exploration. Whether envisioned as a private family estate, multigenerational retreat, recreational getaway, gentleman's farm, or equestrian homestead, this remarkable property offers endless possibilities in a peaceful and highly scenic setting.