This picturesque 1.8 hectare property is nestled in the heart of the Karoola valley and would be the perfect home for the horse enthusiast! Set well back from the quiet country road and down a long tree lined driveway, the home itself has many features including thick insulation (even between the floors), a new Quantum system HWC, a 20,000 litre water tank with tested drinkable Bore (with new pump) and a wood heater to keep running costs to a minimum. There are high quality timber floors and carpet in the bedrooms for warmth, large open plan living with excellent views of Mt Arthur, 3 genuine double bedrooms with built-ins throughout, a large downstairs rumpus room (or potentially a fourth bedroom) and a fantastic deck to have your BBQs on. Outside the home there is a big fully fenced, flat paddock which has more than enough room for a few horses, 3 useful solid barns/ machinery sheds (of which one could be easily converted to a stable) and with the Pony Club (and adult riding group) at Karoola Hall only a canter away you will be spending more time on horseback than in your car! This property is ideally located just 10 minutes to the Lilydale School/ shops and only 20 minutes away from Launceston CBD.