***PRICE IMPROVEMENT*** This beautiful event venue and ranch spanning 120+/- acres combines idyllic Florida equestrian ranch landscapes with an established event venue business. The property features an event space, large home, pasture land, oak hammocks, and over 1/4 mile of lake frontage on Lake Josephine! Opportunities abound on this property from recreational uses to working ranch and income producing events. This hidden gem is an equestrian paradise in the country with close proximity to dining, shopping, and entertainment nearby including the world renowned Sebring International Raceway. The event venue space is comprised of a converted barn and stables, and is perfectly designed to host weddings, corporate retreats, or professional events. The 5000+ Sq Ft space is complete with dressing rooms, restrooms, lounge areas, and a designated professional food prep area. Upstairs from the event space is a large loft area complete with 2 common areas that can be separated by rolling doors and 2 bedrooms and 2 bathrooms for guests enjoying an overnight stay. Across from the event venue is a classic Florida cowboy cabin that has been fully renovated to accommodate guests while boasting a rustic, ranch house style. This 1,250 square foot, 2 bedroom, 1 bathroom cabin is ideally suited for event guests or could be used as a vacation rental property.