Multi-million dollar return investment. Black Walnut Tree Farm with 1000 trees being grown for commercial wood. Invest in your future! 12 acres land for sale and very rare to the market, this property offers long term investment potential with approximately 500 trees over 17 years (phase 1) and 500 trees at 4 years old (phase 2). Owners have plotted a course for continuing income as trees mature starting in 15 years. Investment potential for phase 1 trees would yield between $3,750,000 to $8,000,000 at today's prices using Doyle's Rule for standing tree board feet and a reasonable growth rate.
Off market
$318,800
290 Little Lakes Rd, Richfield Springs, NY 13439
4beds
1,880sqft
SingleFamily
Built in 1973
11.8 Acres Lot
$318,800 Zestimate®
$170/sqft
$2,503 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Wall, Electric, Propane / Butane
Appliances
- Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
- Laundry: Main Level
Features
- Satellite Dish, High Speed Internet, Circuit Breakers - Some, Copper Plumbing - Some, Sliding Glass Door, Water Softener - Owned, Natural Woodwork
- Flooring: Tile, Carpet
- Doors: Sliding Doors
- Windows: Thermal Windows - Some
- Basement: Full, Walk-Out Access
- Attic: Unfinished, Full, Stair Access
- Has fireplace: Yes
- Fireplace features: Wood Burning
Interior area
- Total interior livable area: 1,880 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
Accessibility
- Accessibility features: Accessible Doors
Features
- Entry level: 1
- Patio & porch: Screened, Enclosed, Florida/Sun Room- Unheated
- Exterior features: Brick
- Has view: Yes
- View description: Mountain
Lot
- Size: 11.80 Acres
- Features: Private, Rural Road
Details
- Additional structures: Shed/Storage, Barn / Outbuilding
- Parcel number: 21520014031197
- Special conditions: Standard
- Other equipment: Satellite Dish
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Conventional
Materials
- Metal
- Roof: Asphalt
Condition
- Existing
- Year built: 1973
Utilities & green energy
- Gas: Propane
- Sewer: Septic Tank
Community & neighborhood
Location
- Region: Richfield Springs
Other
Other facts
- Flooring: Carpet, Tile
- Sewer: Septic Tank
- Appliances: Dishwasher, Refrigerator, Dryer, Microwave, Washer, Range Hood, Water Softener Owned, Oven/Range Freestanding
- FireplaceYN: true
- Heating: Propane, Electric, Wall Furnace
- Roof: Asphalt
- ArchitecturalStyle: Ranch
- GarageYN: true
- AttachedGarageYN: true
- FireplaceFeatures: Wood Burning
- Basement: Full, Walk-Out Access
- RoomsTotal: 9
- FireplacesTotal: 1
- ExteriorFeatures: Satellite Dish, Garage Door Opener, Thermal Windows - Some, High Speed Internet, Propane Tank - Leased
- ConstructionMaterials: Aluminum Siding, Brick and Frame
- FoundationDetails: Block
- InteriorFeatures: Satellite Dish, High Speed Internet, Circuit Breakers - Some, Copper Plumbing - Some, Sliding Glass Door, Water Softener - Owned, Natural Woodwork
- SpecialListingConditions: Standard
- EntryLevel: 1
- Gas: Propane
- ParkingFeatures: Attached
- OpenParkingYN: true
- LotFeatures: Private, Rural Road
- LeaseAmount: 0
- DoorFeatures: Sliding Doors
- OtherEquipment: Satellite Dish
- StructureType: House
- PatioAndPorchFeatures: Screened, Enclosed, Florida/Sun Room- Unheated
- LaundryFeatures: Main Level
- Cooling: Electric
- AccessibilityFeatures: Accessible Doors
- RoomMasterBedroomLevel: First
- RoomKitchenFeatures: Eat-in Kitchen
- YearBuiltDetails: Existing
- OtherStructures: Shed/Storage, Barn / Outbuilding
- WindowFeatures: Thermal Windows - Some
- Attic: Unfinished, Full, Stair Access
- PropertyCondition: Existing
- CoveredSpaces: 2.0000
- MlsStatus: A-Active