Like the area, but Quail H is lacking a certain cachet? Michael Jackson’s Neverland Ranch is nearby—and has plenty of room for horses, too.

Paicines, Calif.
Stone Canyon Ranch is the opposite of southern genteel architecture: It’s modern and dramatic. Its 10,000 acres include a four-bed, five-bath, 7,900-square-foot main residence designed by architect Ugo Sap. The show barn looks more like a museum than a horse home, and four other barns are on the property, along with a hay barn, two training arenas, and two riding arenas. There are also two lakes, a river, and streams.

There are 5,000 square feet of additional quest quarters, a tennis court, a pool, and 360-degree mountain views. The property, designed to appeal to a discerning horseman (or woman, since it was acquired for the previous owner’s wife), is on the market for $32 million.

Louisville, Ky.
Want to be close to the Derby action? A local agent reports one potential buyer was interested in buying this Louisville home just for his Derby parties, as it's only eight miles from Churchill Downs. The estate has 158 acres and four houses, including a 16,000-square-foot main house built in 1905, and a 3,500-square-foot carriage house. There are also two 900-square-foot caretaker houses, plus an indoor pool.

Now for the horse facilities: The 20,000-square-foot barn has 24 stalls, plus an apartment of its own.

But with all that, the driveway (yes, driveway) may be the most commendable feature: a mile long and designed by the Olmstead Brothers, one of whom co-designed New York's Central Park.

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