3980 Georgia 138 Covington, GA 30014
Walnut Grove NeighborhoodEstimated payment $15,767/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, turnkey horse farm just outside Covington, Georgia. The farm is home to an established boarding and training operation that is currently at 100% occupancy and can continue following the sale, providing a new owner with an immediate revenue stream and an operational foundation already in place.
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. Its location, facilities, and established clientele make it ideally suited for professional trainers, boarding operators, investors, or equestrian enthusiasts seeking a ready-to-operate facility.
The farm is thoughtfully designed for efficient horse care and daily operations. At its center is a 36-stall barn with stall mats throughout, complemented by grooming stalls, tack rooms, feed rooms, and wash racks with hot and cold water. An attached, fully covered riding arena supports year-round riding and training regardless of weather conditions.
The surrounding rolling pastures are extensively cross-fenced, creating multiple paddocks that allow for efficient horse management and flexible turnout. Two single-family residences provide valuable on-site housing for owners, trainers, managers, or staff.
Beyond its current equestrian use, the property offers compelling long-term investment potential due to its desirable location, frontage along Highway 138, and attractive land characteristics. This combination of an established income-producing operation, comprehensive equestrian infrastructure, on-site housing, and underlying land value makes the property especially distinctive.
Whether maintained as a professional boarding and training operation, transitioned into a private equestrian estate, or held as a strategic long-term land investment, this is a rare turnkey offering within 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 |
|---|---|---|---|---|
| 09/02/2026 09/02/26 | Price Changed | $2,499,900 | 0.0% | -- |
| 03/16/2026 03/16/26 | For Sale | $2,500,000 | -- | -- |
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Ask me questions while you tour the home.