Set on 39.6 private usable acres in Molalla Oregon, rural Clackamas County, this turnkey horse property & livestock estate offers the perfect blend of luxury living & exceptional functionality. Featuring a custom 5,104 sq ft home, second legal residence, 60x180 covered arena, barn, shop, greenhouse, & expansive fenced & cross-fenced pasture, this is a rare opportunity for multigenerational living, training, livestock, or rural lifestyle at its finest. Designed for both everyday comfort and entertaining, the main home offers 4 bedrooms, 4 full baths, office, formal dining, and two primary suites, one on the main level and one upstairs. Updated finishes, bamboo flooring, spacious living areas, and flexible three-level living create a home that is both warm and functional. The equestrian facilities are thoughtfully designed for serious riders and everyday enjoyment, featuring 6 stalls, including a foaling stall, 5 runs off the barn, heated tack room, wash rack with instant hot water, hay and sawdust storage, and a 60x180 covered arena. Multiple fenced and cross-fenced pastures offer room for horses, livestock, and rotational grazing. Additional improvements include a 36x48 shop with 220 power, heat, loft, and 16x48 lean-to, stock barn, large greenhouse, and a second legal residence ideal for guests, extended family, caretakers, or rental income potential. With nearly 40 acres of usable land, there is space to ride, raise livestock, farm, garden, and enjoy the privacy and freedom of country living. Conveniently located near Molalla and within reach of Oregon City and the Portland metro, this is a true legacy property built for both lifestyle and purpose.