Exceptional equestrian opportunity on ~23 beautiful acres in a prime location just 15 minutes from St. James, less than 20 minutes from Rolla, and with convenient access to I-44. This versatile horse facility is perfectly set up for boarding, training, clinics, fun shows, and equestrian events. The centerpiece of the property is the impressive 120x70 indoor arena with excellent airflow, attached to an 18 stall barn featuring automatic waterers in every stall, exhaust fans, all new LED lighting, indoor hay storage, tack room, wash bay with hot and cold water, heated and cooled office space, and a bathroom conveniently located within the barn area. Outside, the massive 150x250 outdoor arena with high end pipe fencing and bench seating creates an incredible setup for hosting clinics, fun shows, events, and group riding activities with ample room for trailers, spectators, and participants. The property also includes a 50' round pen, two 50 amp RV/trailer hookups, and extensive parking areas to easily accommodate larger gatherings and horse events. The acreage is fenced and cross fenced into 5 separate pastures, all with access to automatic waterers installed last year. A recently remodeled small home on the property offers excellent potential as a caretaker’s residence, rental property, or housing for a college student. There is also plenty of room to build your dream or forever home while taking full advantage of the existing equestrian infrastructure already in place. A rare opportunity to own a well equipped equestrian property with the infrastructure already in place for both everyday horse operations and larger scale equine events.