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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-10-17 | 2024-12-05 | 49 | $500,000 | $450,000 | Sold |
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Property Description
Welcome to Norfolk, this rare opportunity to own a 50-acre bush lot, offering a unique mix of natural features and potential uses. The land is predominantly covered with mature hardwood trees, providing an abundance of natural beauty and resources. In addition, some white pines have been planted, adding to the diversity of the landscape. Whether you're looking for a secluded spot for hunting, off-road ATV adventures, or simply a peaceful retreat where you can immerse yourself in nature, this property caters to it all.A one-acre clearing near the front of the lot provides a perfect space for potential development, camping, or other recreational activities. The property is further enhanced by a creek that runs through, adding to its picturesque quality and the potential for wildlife sightings. A private drive leads to the back of the property, where there is a small gas well, currently producing a modest monthly income of approximately $75-$100. One of the key features of this property is the favorable tax situation. Fifteen acres of the lot are classified as a special wetlands area, making them tax-exempt. The remaining portion of the property is part of the Managed Forest Tax Incentive Program, significantly reducing the overall property taxes to just $197 annuallya huge benefit for landowners. Please note, buyers are to conduct their own due diligence with respect to any future development or zoning regulations. The property is currently zoned for agricultural use.The property is accessible through a gated entrance located off Barth Side Road. There is no 911 sign this property is accessible from a gate off of Barth Side Road. This lot is a true haven for those looking to escape city life, connect with nature, and possibly explore small-scale agricultural, conservation, or recreational pursuits. Don't miss out on this amazing opportunity to make this piece of property yours!
Extras
LOT - 2,206.32ft X 1,067.57ft X 2,160.07ft X 1,103.00ft
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Property Details
Street
Community
City
Property Type
Vacant Land
Lot Size
1,103' x 2,206'
Acreage
50-99.99
Fronting
South
Taxes
$196 (2023)
Heat Type
None
Air Conditioning
None
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