Equestrian estates listed in Miami-Dade offer value, neigh, escape-factor

Kendall equestrian estate and Toni Schrager of Avatar Real Estate
Kendall equestrian estate and Toni Schrager of Avatar Real Estate

Hidden in Southwest Miami-Dade is one square mile of Horse Country, land zoned for agricultural and residential use.

Co-founder and principal of Avatar Real Estate Toni Schrager is trying to bring awareness to the area. Schrager, a horse enthusiast and owner of a ranch in the area, said that horse country is unknown to most. The 640-acre area is between Southwest 40th Street and Southwest 72nd Street, and Southwest 118 Avenue and Southwest 127 Avenue in Kendall.

Schrager is listing a property two farms north of her ranch, at 5895 Southwest 125th Avenue. A tour of the equestrian center revealed two laser-graded rings with geo-textile footing, tack room, a 27-automated-stall barn, laundry machines, a manager’s apartment, groom’s quarters, an incomplete owner’s apartment, a riding trail and a cross-country trail.

It’s on the market for $2.4 million. The barn features chandeliers and a rubber footing, which is better for a horse’s hooves.

“There’s money to be made here,” Schrager told The Real Deal. “You could enclose the whole back area and make that a two-bedroom, two-bathroom.”

Sunrise Equestrian purchased the 4.5-acre site for $700,000 in December 2009. Jorge and Diana Valle-Riestra own the company, according to corporate records, and Schrager said they’ve invested more than $1.1 million in the barns, laser-graded rings and the irrigation system. Currently, stalls rent for about $1,100 a month. The owners are looking to sell as soon as possible.

Schrager, who was “horse-crazy” as a child, said the area is closer to metropolitan Miami than the Redlands and Wellington, the latter of which is known for its elaborate equestrian estates and the Winter Equestrian Festival.

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“Some mornings, I get out there in 12 minutes [from Old Cutler Bay],” she said.

For buyers looking for more of a second home than a horse farm, the Redlands might be a better fit.

Redlands equestrian estate and David Siddons of EWM

Redlands equestrian estate and David Siddons of EWM

EWM’s David Siddons and Jill Balli just listed an 8.5-acre equestrian estate in the Redlands for $4.9 million, TRD has learned.

The six-bedroom, eight-bathroom estate has 10,383 square feet of interior space and includes a large gourmet kitchen, sauna and a partially covered courtyard. The backyard features a six-horse stable, a fenced-in area for horses, a covered bar, a pool house and a koi pond.

Siddons told TRD that the ideal buyer is someone who’s looking for a weekend escape. The current owners, Robert and Darleen Roth, live on Allison Island in Miami Beach and use the Redlands estate for their weekends. They paid $1.4 million for the property, at 17175 Southwest 232nd Street, in 1999.

While it does have a six-horse stable, Siddons said “there is so much more to it than that. The house itself is a work of art. It looks like something out of the 1920s, Great Gatsby-style.”

 

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