Exceptional multi family horse farm estate on 20 acres offering versatility, income potential, and endless possibilities. The main residence is a 3BR/2BA brick home featuring a split bedroom floor plan and over 2,200 sq ft of living space. Recent updates include new appliances (2025), HVAC, and water heater, with metal roofs replaced in 2019. Kitchen includes a gas stove that can be converted back to electric if desired. The property is fully equipped for agricultural or business use with 4 septic systems and 2 wells. Step outside to a stunning 36x20 custom covered koi pond (3,000 gallons) with dual waterfalls perfect for relaxing and entertaining. Equestrian facilities include a 40x100 horse barn with 7 stalls, tack room, feed room, and bathroom, plus an attached powered workshop/storage area and additional open shop space. A 19x73 lean to houses a sawmill (negotiable). The land is fully fenced and cross fenced into 5 pastures, all with water access, plus 2 chicken coops. Additional structures include a 20x12 metal building (office) with power and phone, and a 12x36 pole barn with RV hookups. The property is beautifully landscaped with mature oaks and a variety of fruit trees including peach, apricot, apple, pear, fig, chestnut, mulberry, and banana. Also included is a 2007 double wide mobile home (4BR/2BA, 2,200+ sq ft) with split floor plan, wood burning fireplace, and spacious kitchen/dining combo. This home sits on its own 10.33 acre parcel and may be purchased separately. An additional 2006 single wide (3BR/2BA, 1,100+ sq ft) is negotiable and can remain or be removed prior to closing. Prime location on Hwy 231 (4 lane) with easy access north to Montgomery and south to Panama City, and just across from Hwy 73 into Marianna. Ideal for a family compound, horse boarding operation, or commercial venture.