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    5051 Hwy, Unit 12 Elma, WA 98541

    For Sale
    $9,900,000

    Exclusive equestrian estate with custom home, barns, and pastures.

    Property size:
    2,308,680 SF

    Property Features for 5051 Hwy

    General Information

    Standard status
    Active
    Size
    2,308,680 SF

    Building Details

    Year built
    2008

    Source: REALOGICS SOTHEBYS INTERNATIONAL REALTY Agent BRAD VANCOUR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Elma Equestrian Estate For Sale

    Available for sale for the first time, this exclusive Elma equestrian estate is recognized as one of the top equestrian estates in the Northwest, having produced numerous US National Arabian Champions and Rider Championships. The property includes a 12,606 square foot Krekow Jennings custom-built timber frame home with 4 bedrooms. The primary home features 43-foot arched ceilings in the Great Room, a fully appointed kitchen with imported Clive Christian cabinets, and a French Lacanche Range. Additionally, there is a 3,900 square foot second home with 4 bedrooms, and a 2-bedroom apartment unit for caretakers and staff. The equestrian facilities comprise 9 barns and riding areas totaling 37,693 square feet of covered space, including 70 horse stalls. The estate features several fenced-in level horse pastures across 3 separate tax parcels, totaling 53 acres.
    Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Map

    City
    Elma
    County
    Grays Harbor
    State
    Washington
    Longitude
    -123.385
    Latitude
    46.9859

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    FAQs

    What type of property is this?
    Horse & equestrian property - Exclusive equestrian estate with custom home, barns, and pastures.
    Where is this horse & equestrian property located?
    The property is located at 5051 Hwy, Unit 12 Elma, WA.
    What is the asking price?
    The asking price for this property is $9,900,000.
    What are key features of this property?
    This property features: - Premier Equestrian Estate: Renowned Northwest estate with a history of producing US National Arabian Champions and Rider Championships.; - Extensive Equestrian Facilities: Includes 9 barns and riding areas totaling 37,693 sf of covered space with 70 horse stalls and fenced pastures on 53 acres.; - Luxurious Main Residence: A 12,606 sf custom-built timber frame home with 4 bedrooms, 43-foot arched ceilings, and a high-end kitchen featuring Clive Christian cabinets and a French Lacanche Range.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5051 Hwy, Unit 12 Elma, WA 98541
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