This extraordinary new Covenant equestrian estate, professionally designed for horse enthusiasts and custom built by Rancho Santa Fe’s premier builder, Richard Doan, is located in a gated, picturesque 5.5-acre compound surrounded by captivating lake views and lush pastures. The riding ring, five-stall barn with groom’s quarters, and garage parking for eight cars accompany the exceptional single-level, 5-bedroom home that features a solid, carved Walnut courtyard door, tumbled Telluride Gold stone and brick exterior and interior accents, massive hand-distressed Douglass Fir beams, five dramatic masonry fireplaces and a lake-view, grotto-style pool/spa and gas fire ring. This is the first new equestrian property to be offered in the Rancho Santa Fe Covenant in many years.