$495,000

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Listed by Central Wi Real Estate

Description

Tremendous opportunity to own your piece of idyllic Midwest recreation or hunting property. Multiple deer and turkey have been seen on the property along with bear tracks. 163 peaceful acres of nature just waiting for you to visit and take it all in. Walk the property and imagine your dream home or hunting cabin at this great location right off Hwy 27 with a short drive to Hwy 29 or I-94. For those who enjoy water sports, you are just a couple minutes from either the Eau Claire River or public boat landings on the 870 acre Eau Claire Lake featuring Musky, Panfish, Largemouth Bass, Smallmouth Bass and Walleye. 140 acres are currently enrolled in a closed MFL program until 2042. This property is a sportsman's dream; 163 acres located in prime Big Buck country. The tract is contiguous and has access points from two paved roads (State Hwy. 27 and County Rd. N). Several clearings are already established with room to build your home or hunting cabin! The property is incredibly diverse in terms of tree species and habitat with varying aged stands of mature oak, pine, brush areas and lowland swamps. The southern 20-acre parcel is in the process of being thinned by a logging contractor, removing approximately 25% of the standing volume. The harvest focuses on removing poor quality, suppressed trees, leaving a well-spaced and fast growing residual forest which is ideal for hunting. The Northeast 40 acres was harvested this past winter, leaving scattered mature oak "seed trees" evenly spaced throughout the stand. With the heavy amount of food source (acorns) and the adjacent water and cover-sources, this will be an ideal spot for placing several tree stands. The center and north 40-acre tracts consist of mixed Oak, white/red pine and thick swamp; ideal bedding areas. A tributary of Sand Creek (a trout bearing stream) dissects the northwest 40-acres. The property is currently enrolled in the Wisconsin MFL program (closed acreage) so taxes for the entire property are very affordable. The current landowner is working with a Professional Forester to complete the WI MFL Mandatory Practices (timber harvest) and is approximately 50% complete. This harvest can be completed prior to purchase. There are multiple forest roads and trails throughout the property. In the event the property described in this contract is sold prior to the completion of the timber sale it is mutually understood that any contract for the sale of the property as described in this contract shall include the following terms: "Subject to all terms and conditions of that certain Forest Management Agreement entered into between the Personal Representative of the Estate of Sue Ann L. Kunz and Northern Shores Resource Mgmt.,LLC and the completion of the timber harvest detailed in said Agreement, the proceeds of which shall be paid to the Estate of Sue Ann L. Kunz. All Timber Rights shall remain with said Estate until the terms of the Forest Management Agreement have been completed at which time this restriction shall terminate forthwith and remaining Timber Rights shall pass to the purchaser." 23.47 acres- THAT PART OF NE-SW LYG E OF HWY 27. ENTERED 10 AC INTO MFL - CLOSED FOR 25 YRS PER DOC.1154307 BEG IN 2018. 40 acres- NW-SE ENTERED 40 AC INTO MFL - CLOSED FOR 25 YRS PER DOC.1154307 BEG IN 2018. 40 acres- SW-NE ENTERED 40 AC INTO MFL - CLOSED FOR 25 YRS PER DOC.1154307 BEG IN 2018. 40 acres- SE-NE ENTERED 40 AC INTO MFL - CLOSED FOR 25 YRS PER DOC.1154307 BEG IN 2018. 20 acres- SW-SE EX W 1/2 THEREOF. ENTERED 10 AC INTO MFL - CLOSED FOR 25 YRS PER DOC.1154307 BEG IN 2018.

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Property Details

Features Land

Waterfront: N Acreage: 160+ Acres
Municipality: Ludington, Town Of
Body of Water: Previous Address:

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Listing History

Date Event Change
May 19 2020 2:31PM Price Change $495,000

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