Welcome to one of Minnesota's most remarkable equestrian and hobby farm properties. Nestled on 52.2 private acres in Dalbo, this one-of-a-kind estate offers the perfect blend of rustic charm, functional infrastructure, and income-generating opportunity - all at an exceptional value. The main home features 1,200 sq ft of cozy living space with log siding, a 1.5-story layout with loft, 3 bedrooms, 1 bath, granite countertops, stainless appliances, a covered front deck with hot tub, and a 3/4 finished basement with dry bar, exercise room, and rough-in bath. A full-log cottage with a loft bedroom provides additional guest quarters. Horse enthusiasts will be in their element. The property boasts a 30x48 heated, insulated 5-stall barn with tack room and lean-to, a 36x64 indoor arena with 15' ceilings and sand base, an 80x200 outdoor arena with wood fencing and sand base, a 40' round pen, and 10 additional horse shelters across 12 fully fenced pastures. Over 15,600 feet of electrical fencing with 18 gates keeps everything organized and secure. Water hydrants extend to all pasture areas. Currently home to 5 boarded horses generating monthly income, and approximately 20 acres of productive hay ground (blue canary/orchard grass mix) with additional income potential. The 24x30 garage with workshop, equipment shed, and semi-trailer for hay storage add serious utility to this already impressive package. Enjoy 2.5 miles of on-site walking and riding trails, a flowing creek with waterfall, and 5 apple trees. Additional highlights include a Kinetico whole-home water system, updated Goodman furnace and A/C (2020), in-ground invisible dog fence (2.5 acres), and extended electrical service throughout the property. Whether you're looking for a working equestrian operation, a peaceful rural retreat, or a property that pays for itself - this is it. Schedule your private showing today.