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550 Spears Avenue, Evansville
$1,665,000
3 Beds ⋅ 20265074 MLS
Extraordinary gated estate designed to seamlessly combine high-end luxury living, substantial income potential, and professional-grade equestrian and livestock infrastructure. Spanning 15.37 private acres divided into a high-yield 10-acre irrigated meadow and a 5-acre farmstead, this turn-key property features a custom main home, a fully remodeled income-producing guest house, and state-of-the-art facilities. Thoughtfully designed, this 1.5-story home showcases rich hardwood floors, soaring vaulted ceilings, and custom details throughout. A sunken Great Room features vaulted ceilings and a gas fireplace, complemented by a secondary living room with a cultured stone gas fireplace and custom plantation shutters. Includes a formal dining area and a light-filled upper loft overlooking the main floor. Chef’s Gourmet Kitchen with Premium Sub-Zero and Viking Appliances, custom maple cabinetry, solid granite countertops, expansive center island, dedicated walk-in pantry, and tile flooring. Spacious primary retreat with hardwood floors, twin walk-in closets, and an ensuite spa bath with maple cabinets, granite counters, jet tub, and custom tiled walk-in shower. Additional Comforts: Main floor laundry with LVT flooring; guest bath with heated tile floors and double sinks; 3/4 bath near laundry. Garage & Mechanicals: Oversized 40' x 40' attached garage with radiant heat. Exceptional mechanical upgrades include dual Gas Forced Air furnaces and dual A/C units with multi-zone dampers, new roof installed in 2021, reverse osmosis system, low-maintenance steel siding. Outdoor Living: Covered back patio with ceiling fans, plumbed gas grill hookup, and 4 retractable sunshades overlooking a landscaped yard with automatic front/back sprinklers and chain-link fencing. Guest House is Remodeled 1930s Farmhouse: 3 Bedrooms | 1 Bathroom • Completely updated with a warm living room and fully equipped kitchen. Ideal for Airbnb/VRBO rental income, caretaker's quarters, or extended family lodging. 48' x 100' Heated Barn: Fully framed and insulated with spray foam ceiling insulation and radiant heat. Features 10 heavy-duty stalls with automatic waterers, dedicated tack room, full wash bay with sink area, and interior bathroom. • Riding Arena & Corrals: 120' x 220' main riding arena bordered by newer vinyl fencing. 8 continuous-fenced corrals equipped with individual frost-free spigots at every corral. • Outbuildings & Fencing: 12' x 100' equestrian lean-to, 8' x 12' loafing shed, chicken coop, and horse-safe smooth wire fencing. • Water & Land: Two independent wells (Domestic and Irrigation) with insulated well house and dedicated septic. The 10-acre meadow features a high-yield grass/alfalfa mix serviced by the dedicated irrigation well with side-roll sprinklers. Call Charlie or Jamie Shopp for more information or personal tour 307-262-1666/307-262-7671

550 Spears Avenue, Evansville

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