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$5.2M Sale of River Falls Horse Facility Among Highest in St. Croix County

320-acre estate featuring luxury home and full equestrian facility highlights demand for high-end rural properties near the Twin Cities
April 10, 2026

RIVER FALLS, Wis. — A sprawling equestrian estate at 1579 County Rd M has sold for $5.2 million, placing it among the highest-priced horse property transactions on record in St. Croix County.

The sale underscores continued demand for large-scale, specialty properties in western Wisconsin, particularly those offering a combination of residential living and fully developed agricultural or recreational infrastructure.

The approximately 320-acre property, located just outside River Falls, includes a 6,800-square-foot log home and an extensive equestrian facility designed for both private and professional use.

According to listing details, the property features a 27,000-square-foot heated barn with 18 stalls, an 80-by-180-foot indoor riding arena, and additional outbuildings exceeding 13,000 square feet. The site also includes fenced pastures, training areas, and support spaces commonly associated with full-scale horse operations.

The transaction was represented by Melissa Wiegele of Wiegele Real Estate Group, affiliated with Coldwell Banker Realty. Industry professionals note that properties of this type often require a targeted marketing approach due to their niche buyer pool and specialized use.

Equestrian estates and large-acreage properties operate within a distinct segment of the real estate market, where valuation is influenced not only by residential features but also by land usability, facility quality, and proximity to major metropolitan areas.

Local real estate experts say demand for these properties has remained steady, driven in part by buyers seeking privacy, space, and lifestyle-oriented investments within commuting distance of the Twin Cities.

Inventory for fully developed horse facilities remains limited across the region, contributing to strong interest when such properties become available.

The sale of 1579 County Rd M reflects broader trends in the St. Croix Valley, where rural luxury properties continue to attract attention despite fluctuations in the broader housing market.

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