Welcome to your dream equestrian retreat! This beautifully maintained horse farm and stately colonial home are set on over 45 acres, with 1,800 feet of frontage along the picturesque Little Salmon River. Once home to the renowned Penroman Arabian Horse Breeding Farm—celebrated across North America—this property is perfectly suited for serious equestrians or those seeking a peaceful country lifestyle.
The elegant 4-bedroom, 5-bathroom home offers refined living with a cherry kitchen featuring granite countertops, multiple sitting rooms, large great room addition is configured to allow for conversion into an in-law suite and luxurious master suite with a private 10x20 deck overlooking the swimming pool and river. The Spectacular inground pool is complete with expansive decking and a charming gazebo, ideal for entertaining or relaxing in privacy
Equine amenities are unparalleled, including: Regulation-size indoor dressage arena, 24 box stalls, four of which are set up for Foaling, plus wash stalls, Multiple fenced paddocks, Second-floor studio apartment above the barn—perfect for a barn manager or long term guests
The barn and facilities are thoughtfully designed to meet the needs of a high-end breeding or training operation. Additionally, the main house includes a partially finished 3,000 sq ft basement for tons of storage.
This extraordinary property blends timeless charm, luxury, and equestrian excellence—truly a rare find.
Additional sq ft is from an addition.
Closed
$750,000
32 Lincoln Ave, Mexico, NY 13114
4beds
4,200sqft
Single Family Residence
Built in 1985
45 Acres Lot
$1,713,000 Zestimate®
$179/sqft
$4,385 Estimated rent
Home value
$1,713,000
$1.63M - $1.80M
$4,385/mo
Zestimate® history
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List your homeWhat's special
Spectacular inground poolCharming gazeboExpansive deckingLuxurious master suiteLarge great room additionMultiple sitting rooms
Zillow last checked:
Listing updated:
Listed by:
Chip Hodgkins 315-682-7197,
Hunt Real Estate ERA,
Adam Butch 315-682-7197,
Hunt Real Estate ERA
Bought with:
NONMLS NONMLS
NON MLS
Source: NYSAMLSs,MLS#: S1617971
Originating MLS: Syracuse
Originating MLS: SyracuseFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 5
- Main level bathrooms: 3
Heating
- Electric, Propane, Zoned, Baseboard, Forced Air
Cooling
- Zoned, Central Air, Window Unit(s)
Appliances
- Included: Built-In Range, Built-In Oven, Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Gas Cooktop, Microwave, Propane Water Heater, Refrigerator, Range Hood
- Laundry: Main Level
Features
- Breakfast Bar, Breakfast Area, Ceiling Fan(s), Den, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Separate/Formal Living Room, Granite Counters, Great Room, Jetted Tub, Kitchen Island, Pantry, Pull Down Attic Stairs, Sliding Glass Door(s), Storage, Natural Woodwork, Window Treatments, Bath in Primary Bedroom, Programmable Thermostat
- Flooring: Carpet, Ceramic Tile, Hardwood, Marble, Tile, Varies
- Doors: Sliding Doors
- Windows: Drapes
- Basement: Full,Partially Finished
- Attic: Pull Down Stairs
- Number of fireplaces: 3
Interior area
- Total structure area: 4,200
- Total interior livable area: 4,200 sqft
Property
Parking
- Total spaces: 3
- Parking features: Attached, Electricity, Garage, Circular Driveway, Driveway, Garage Door Opener, Other
- Attached garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Patio & porch: Balcony, Deck, Open, Porch
- Exterior features: Balcony, Deck, Fence, Gravel Driveway, Pool, Private Yard, See Remarks, Propane Tank - Leased
- Pool features: In Ground
- Fencing: Partial
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Beach Access, River Access, Stream
- Body of water: Little Salmon River
- Frontage length: 1800
Lot
- Size: 45 Acres
- Features: Agricultural, Irregular Lot, Wooded
Details
- Additional structures: Barn(s), Gazebo, Outbuilding, Shed(s), Storage
- Parcel number: 35348913400000030101200000
- Special conditions: Standard
- Horses can be raised: Yes
- Horse amenities: Horses Allowed
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial,Two Story
- Property subtype: Single Family Residence
Materials
- Brick, Other, Vinyl Siding, Wood Siding, Copper Plumbing
- Foundation: Block
- Roof: Asphalt,Pitched,Shingle
Condition
- Resale
- Year built: 1985
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Septic Tank
- Water: Connected, Public, Well
- Utilities for property: Cable Available, High Speed Internet Available, Water Connected
Community & HOA
Location
- Region: Mexico
Financial & listing details
- Price per square foot: $179/sqft
- Tax assessed value: $449,000
- Annual tax amount: $17,102
- Date on market: 6/26/2025
- Cumulative days on market: 22 days
- Listing terms: Cash,Conventional,USDA Loan,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2025 | Sold | $750,000-46.4%$179/sqft |
Source:  NYSAMLSs #S1617971 Report a problem | ||
| 7/28/2025 | Pending sale | $1,400,000$333/sqft |
Source: NYSAMLSs #S1617971 Report a problem | ||
| 7/18/2025 | Contingent | $1,400,000$333/sqft |
Source: NYSAMLSs #S1617971 Report a problem | ||
| 6/26/2025 | Listed for sale | $1,400,000-11.1%$333/sqft |
Source: NYSAMLSs #S1617971 Report a problem | ||
| 11/30/2024 | Listing removed | $1,575,000$375/sqft |
Source: BHHS broker feed #S1540114 Report a problem | ||
| 5/29/2024 | Listed for sale | $1,575,000-11.3%$375/sqft |
Source: NYSAMLSs #S1540114 Report a problem | ||
| 5/16/2024 | Listing removed | $1,775,000$423/sqft |
Source: BHHS broker feed #S1499667 Report a problem | ||
| 9/23/2023 | Listed for sale | $1,775,000$423/sqft |
Source: NYSAMLSs #S1499667 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $449,000 |
| 2024 | -- | $449,000 |
| 2023 | -- | $449,000 |
| 2022 | -- | $449,000 |
| 2021 | -- | $449,000 |
| 2020 | -- | $449,000 |
| 2019 | -- | $449,000 |
| 2018 | -- | $449,000 |
| 2017 | $16,478 | $449,000 |
| 2016 | -- | $449,000 |
| 2015 | -- | $449,000 |
| 2014 | -- | $449,000 |
Find assessor info on the county website
Neighborhood: 13114
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Nearby schools
GreatSchools rating
- 4/10Mexico Elementary SchoolGrades: PK-4Distance: 0.9 mi
- 4/10Mexico Middle SchoolGrades: 5-8Distance: 1.3 mi
- 5/10Mexico High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- District: Mexico Academy and Central
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- New York
- Oswego County
- Mexico
- 13114
- 32 Lincoln Ave
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