Escape to your own private equestrian estate on nearly 23 breathtaking acres in Yelm! This one-of-a-kind property offers space, flexibility, and endless possibilities for the buyer who wants room to live, work, and play. The beautifully appointed main residence spans 2,487 sqft with 3 bedrooms and 2.5 baths, offering comfortable living with room to grow. Along with, a one year-old roof with a 50 year warranty. A secondary permitted dwelling adds incredible versatility a 2 bed, 1 bath, 864 sqft home perfect for guests or rental income. Horse lovers will fall in love with the fully equipped equestrian setup, anchored by an impressive 12,096 sqft riding arena. A 400 sqft shop provides ample space for tools, hobbies, or projects, while multiple additional outbuildings offer storage or workshop space. Whether you're dreaming of a hobby farm, an equestrian training facility, multi-generational living, or simply wide-open space to spread out, this property delivers it all. With this much land, you have room for gardens, pastures, trails, or future expansion - the possibilities are truly limited only by your imagination. Located in the heart of Yelm, you'll enjoy peaceful, rural surroundings while still being within easy reach of local shopping, dining, and everyday conveniences. Properties like this, with two homes, an arena, a shop, and this much usable acreage, rarely come to market. Bring your horses, your projects and your imagination!