This property sits in one of the most beautiful river valleys in Vermont. 322 River Road includes a large farmhouse as well as the Winchester Stables with its barn, stables, indoor and outdoor riding rings and apartment. The sprawling 9 bedroom, 8 bathroom house sits perched overlooking green pastures, a river and a mountainside. The apartment in the barn offers an additional 2 bedrooms. The 54.2 acre equestrian estate includes 4,000 feet of frontage on the West River. The world-class 42,376 square foot stables feature 48 stalls, a tack room, a wash room and a break room in addition to the indoor riding ring. On the private yet easily accessed River Road, this stunning year-round residence or family vacation retreat lies just outside Newfane Village, an historic district and county seat of Windham County. It is only minutes from I-91. The buildings are not in the flood zone. All of the details in the virtual tour are not accurate, as the property has been reduced in size. A 2021 tax appeal resulted in a reduction of the assessed value to $1,519,200 and a resultant reduction in taxes. Also listed as MLS #4773192.