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    732 Settlemyre Rd Lebanon, OH 45036

    For Sale
    $1,333,000

    22 Acres, Equestrian Center, Luxury Home

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This stunning 22.12-acre property in Lebanon, Ohio, presents a unique opportunity to acquire a fully operational equestrian training center alongside a luxurious primary residence. The meticulously maintained farm, located at 732 Settlemyre Road, boasts a substantial 963,547.2 square foot lot size. The main residence offers over 3,000 square feet of living space, encompassing five spacious bedrooms and two and a half bathrooms. Features include a family room with a vaulted ceiling, creating an open and airy atmosphere. A three-season room provides additional living space, while a finished basement with an egress window is perfect for entertaining. The property's design seamlessly integrates the home with the equestrian facilities, creating a tranquil and private setting. Built in 2000, this property is ideal for horse enthusiasts and trainers seeking a blend of luxury living and professional-grade equestrian amenities. The property's location in Warren County, Ohio, offers a peaceful countryside setting while remaining conveniently located near Lebanon (zip code 45036). This exceptional property is priced at $1,333,000 and represents a rare opportunity to own a turnkey equestrian center and luxurious home.

    Property Features for 732 Settlemyre Rd

    General Information

    Property type
    Farms

    Building Details

    Year Built
    2000

    HighLights

    • Exceptional 22.12‑acre equestrian training center and luxury residence in Lebanon, OH.
    • 963,547.2 sq ft lot at 732 Settlemyre Road.
    • 5‑bedroom, 2.5‑bathroom home with over 3,000 sq ft of living space.
    • Features include a vaulted family room, three‑season room, and finished basement.
    • Turnkey equestrian center, built in 2000, ideal for horse enthusiasts.
    • Conveniently located in Warren County, OH (zip code 45036), near Lebanon.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lebanon
    County
    Warren
    State
    Ohio
    Longitude
    -84.2067992
    Latitude
    39.445842

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    FAQs

    What type of property is this?
    Farm - 22 Acres, Equestrian Center, Luxury Home
    Where is this farm located?
    The property is located at 732 Settlemyre Rd Lebanon, OH.
    What is the asking price?
    The asking price for this property is $1,333,000.
    What are key features of this property?
    This property features: Exceptional 22.12-acre equestrian training center and luxury residence in Lebanon, OH.; 963,547.2 sq ft lot at 732 Settlemyre Road.; 5-bedroom, 2.5-bathroom home with over 3,000 sq ft of living space.
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    732 Settlemyre Rd Lebanon, OH 45036
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    Lebanon, OH 45036
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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
    732 Settlemyre Rd Lebanon, OH 45036
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