Nestled at the foot of the Sierra Nevadas and listed in 2021 for $30 million, the storied Steen Ranch near Reno, NV, is now available for $10 million.

While the price has come down, the glory of this equestrian estate isn’t diminished. The wow factor is firmly intact.

Built in 1964 by architect Clarence Mathew for uranium pioneer Charles Steen, the property includes five dwellings, three ponds, two streams, two natural springs, and three cold-water wells spread across 25 acres.

The impressive 17,681-square-foot main house is described as minimalist/modern and features five pointed, copper-clad roofs.

Beneath one of those pointed roofs, a dramatic, towering fireplace in the living room under is a real scene stealer.

The eight-bedroom main residence was built using Hawaiian Koa Wood, marble, river rock, and other precious materials.

Typical of midcentury modern homes, the striking residence features floor-to-ceiling windows and sliders, which flood the space with sublime mountain views.

But unlike any other home we’ve seen, this one boasts a dining room perched on an oval-shaped marble island and suspended over water.

And an indoor swimming pool qualifies as another unique water feature. The swooping roof lines overhead add a sense of drama to the space.

One of the property’s most fascinating features is a 3,800-square-foot atrium with a retractable ceiling. The space can be used year-round and really shines in the summer months.

Other dwellings on the property include a 2,830-square-foot guesthouse, 520-square-foot carriage house, historic cottage, 600-square-foot yurt, and a two-room apartment in one of the barns.

As for equestrian accommodations, there are two horse barns, one of them a 4,800 square-foot circular barn with 13 double stalls. There’s also a full-sized arena, pastures, paddocks, and riding trails through forested countryside.

Vehicles are also accommodated in style here with a 6,000-square-foot, five-car garage and workshop.

The estate comes with water rights to keep the land—and those who live there—completely hydrated. It also features a geothermal well that creates electricity for the property and heats and cools the structures.

And while the sprawling property might feel far from city life, it’s only about 20 miles from the Reno-Tahoe International Airport, and Lake Tahoe is only a 35 minute drive away.

The post Luxurious Equestrian Ranch in Northern Nevada Gets an Astonishing 66% Discount appeared first on Real Estate News & Insights | realtor.com®.