Kentucky Recreational Land

Kentucky Recreational Land

$399,000.00


End Date: Wednesday May-16-2018 17:57:48 PDT
Buy It Now for only: $399,000.00
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163003013372

289.21 acres located on State Hwy. 902 about 6 miles SW of Fredonia, Kentucky.  With over 2.5 miles of frontage on Livingston Creek and endless edge effect, this is an outdoors and hunter's paradise.  ATV lovers can ride over 2 miles before reaching the southern creek border.  Wildlife in abundance with whitetail deer, wild turkey, squirrel, rabbit, quail, and more.  The farm routinely produces whitetail buck deer scoring in the 130 to 140 range.


The private entrance has a building site with concrete pads, county water, septic system, electrical supply with camper trailer hook-up, and 24' x 48' barn.


Over 112 acres of mature woodlands, 169.06 acres in the CRP and WRP, and 8+ acres of cropland. 

Conservation Reserve Program (CRP) income: $10,189 per year on 82.56 acres. CRP contracts include: 26.86 acres along entry corridor expiring 09-30-2024, and 55.7 acres centrally located expiring 09-30-2020.  CRP land has been established in native grasses and wildflowers. 

Wetland Reserve Program (WRP): 86.5 acres of bottomland located at southern border with perpetual easement to remain in wetland habitat including about 16 acres of shallow water areas in 3 locations - as shown on map.  The water areas are currently under construction.  Bottomland hardwood and other wetland trees and shrubs have been planted in the WRP area.


A wooded area containing 7.75 acres (adjacent to the large wooded area centrally located on the farm) is excluded.  This 7.75 acres is owned by an adjoining neighbor, has been placed in a family trust, and is not for sale.  However, this area could be available for a long-term hunting lease. 

Farm appraised at value of $519,500  on 12-12-2013 including WRP (86.5 acres) wetland values of $1,027 per acre for recreational purposes.  CRP cropland (82.56 acres) was valued at average of $3,075 per acre.