3980 Georgia 138 Covington, GA 30014
Walnut Grove NeighborhoodEstimated payment $16,043/month
Highlights
- Horse Facilities
- Wooded Lot
- Pasture
- Horses Allowed On Property
About This Lot
This exceptional 51± acre equestrian property offers a rare opportunity to acquire a fully equipped horse farm in a highly desirable location just outside Covington, Georgia. Positioned along Highway 138 with excellent accessibility, the property is just minutes from the Georgia International Horse Park and within convenient reach of the University of Georgia’s Veterinary Teaching Hospital, making it an ideal setting for professional trainers, boarding operations, or equestrian enthusiasts.
The farm is thoughtfully designed for functionality and horse care, centered around a 36-stall barn featuring stall mats throughout, along with grooming stalls, tack rooms, feed rooms, and wash racks with hot and cold water. An attached, fully covered riding arena allows for year-round riding and training regardless of weather conditions.
The surrounding rolling pastures are extensively cross-fenced, creating multiple paddocks that support efficient horse management and flexible turnout options.
The property also includes two single-family residences, providing excellent on-site housing for trainers, managers, or staff.
Beyond its current equestrian use, the property also offers unique long-term development potential due to its ideal location, frontage along Highway 138, and attractive land characteristics. This combination makes the farm both a premier equestrian facility and a compelling long-term land investment opportunity.
Whether continued as a professional boarding and training operation, a private equestrian estate, or a strategic land investment, this property represents a rare offering in one of Georgia’s most established equestrian corridors.
Property Details
Property Type
- Land
Lot Details
- Wooded Lot
- Current uses include agriculture, equine, grazing, agribusiness, hobby farm
- Potential uses include agriculture, equine, grazing, hobby farm
Additional Features
- 2 Bedrooms
- Pasture
- Horses Allowed On Property
Community Details
- Horse Facilities
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/16/2026 03/16/26 | For Sale | $2,500,000 | -- | -- |
- 480 Overlook Rd
- 4024 Georgia 138
- 52 Cowpen Ct
- 318 Sandy Creek Dr
- 764 Forrester Cemetery Rd
- 510 Overlook Rd
- 583 Overlook Rd
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- 0 Highway 138 Unit 10755850
- 0 Highway 138 Unit 7763559
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Ask me questions while you tour the home.