A sprawling horse property on the Milwaukee River has changed hands in Mequon, fetching $3.6 million in a sale that puts the city's equestrian real estate back in the spotlight. The estate at 13700 N. Riverland Road comes with an indoor riding arena, eight horse stalls and two primary suites spread across the grounds.
The sale was reported by The Business Journals, which detailed the $3.6 million price tag for the sprawling property. According to a Redfin listing for the address, the home offers nearly 7,000 square feet of what the listing calls meticulously curated living space, including the two primary suites.
Descriptions of exactly how much land comes with the estate vary. The Redfin listing describes the property as spanning 38 acres with nearly 2,000 feet of navigable Milwaukee River frontage, while other listing material puts the figure at more than 33 acres. Either way, the grounds include more than three acres of fenced pastures, additional run-in shelters and acres of riding paths, per Redfin.
An Arena Built for Serious Riders
The property's equestrian features are its calling card. The Redfin listing describes a grandfathered indoor arena with eight stalls and a heated tack room, while a listing from Shorewest characterizes the same space as a 130-by-60-foot indoor flex area currently used as an indoor arena, also citing eight stalls and a tack room. The Shorewest listing had the home priced at $3,749,000, with Keller Williams Milwaukee North Shore identified as the listing company.
Mequon's Luxury Market Keeps Setting Records
The $3.6 million sale lands in a city that has seen its luxury real estate ceiling rise sharply this year. In July, a 13,480-square-foot Mequon home sold for $4.8 million in a deal that bizjournals.com reported as a new city record, surpassing the previous record by $1 million.
Older market data offers some context for how Mequon's high-end segment has behaved, even if it does not speak directly to today's conditions. Per a report from Powers Realty, the Metro Milwaukee luxury market — defined there as homes valued above $500,000 — was described as hitting all-time highs in 2020.
What is clear is that Mequon continues to attract buyers willing to pay a premium for large riverfront parcels and equestrian amenities, with the Riverland Road sale and July's record-setting $4.8 million deal both pointing to sustained demand at the top of the city's housing market.
