5891 Manastash Rd, Ellensburg, WA 98926

Ellensburg Horse Property With Covered Arena | Buy or Lease-to-Own ####HOUSE UPDATED#### If you would love to own an equestrian property in Ellensburg but aren't quite ready to buy today, this may be a particularly interesting opportunity. 5891 Manastash Road is a unique 5.34-acre horse property on the desirable west side of Ellensburg, just minutes from town and approximately one block from access to the Manastash Ridge trail system. The property includes a large covered riding arena, four-stall barn, shop, detached garage and a spacious approximately 2,750-square-foot home. The home is currently being refreshed and will be offered with: • New interior paint
• New exterior paint
• New laminate flooring
• New heating and air-conditioning system The property has the kind of horse infrastructure that is increasingly difficult to find close to town. Property highlights: • Approximately 5.34 acres
• Approximately 2,750 sq. ft. home
• Covered riding arena – approximately 60' x 120'
• Four-stall barn – approximately 1,056 sq. ft.
• Approximately 480 sq. ft. shop
• Detached approximately 768 sq. ft. garage
• Excellent west Ellensburg location
• Near Manastash Ridge recreation and trail access
• Room for horses, equipment, trailers and projects
• Rural setting without being far from town Ways to Make It Yours Purchase Traditional Lease — $3,200/month For someone simply looking for a quality long-term rental, the property is available at $3,200 per month. Lease With Purchase Option For someone who believes they may ultimately want to own the property but would prefer to move in now and purchase later, I am also offering a lease-purchase option: • $4,108 monthly payment
• $75,000 option fee
• Fixed purchase price: $835,000 The purchase price is locked in under the option rather than being determined by the future real-estate market. This could be especially attractive for someone who wants to secure the right property today while allowing additional time to sell another home, improve financing, accumulate additional funds, or see where mortgage rates go. There is no requirement that a tenant choose the purchase option. The property is available as a conventional rental as well. I own the property and will be handling inquiries personally. There is quite a bit more to explain about both the property and the lease-purchase structure, so serious prospective tenants or buyers are encouraged to contact me and have a conversation.