$475,000
$500,000
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101.24 Acres Lot
SOLD DATE : 12/11/2024
Key Details
Sold Price $475,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6631616
Sold Date 12/11/24
Annual Tax Amount $5,084
Tax Year 2024
Contingent None
Lot Size 101.240 Acres
Acres 101.24
Lot Dimensions 1
Property Description
Welcome to the shores of Severance Lake! This property is located approx. 5 miles South of Glencoe and/or roughly a half hour west of the SW metro. This property lies on the western shores of the lake and depending on how you measure it, roughly just under a mile of shoreline. The larger wooded area to the north, the wooded, farm site woods, and the wooded lakeshore leading down to the wooded South tip.
The old tillable fields have been restored to a diverse mix of prairie through the MN CREP program. CREP, if you don't know, is a combination of the state Reinvest in MN conservation easement and a one-time sign-up of the federal CRP program. The total CRP acreage is just over 53 acres, with remaining annual payments of $19,230 through Sept. 2034. That's right, approx. Ten years of payments left (the FSA will most likely prorate the FSA 2024 / 2025 payment). The sellers have a proven history of harvesting a variety of wildlife and when touring the property for the first time with the sellers, we ran into 6 roosters simply driving the UTV around. There is an established boat access area right off the farmyard and multiple points and bays to hunt and set up for whatever wind direction. Many parts of "the lake" are large cattail areas, so one not only has early season, but late season cover for chasing roosters all season long. I've personally seen deer on the property and given the size of the overall habitat complex, it doesn't surprise me that this is a destination area for local deer; that should only get better as the crops come off. The farm site is very private and peaceful, located at the dead end of a private driveway shared with the neighbors. The farmhouse has seen some years and is currently utilized as a "hunting shack" but has updated central A/C with a heat pump and furnace. It does, however, also include an updated septic system (mound) and then has the drilled well. There is also a nice sized 60 x 40 quonset shed for storage. For those looking to start fresh and build a new home, it's located again close to the Twin Cities, minutes from Hwy 212, and you have to see the building site to appreciate its setting. There is so much more to say about this unique opportunity, so give me a shout, as I'd love to discuss the details further!
Location
State MN
County Sibley
Zoning Agriculture,Residential-Single Family
Body of Water Severance
Interior
Fireplace No
Exterior
Utilities Available Electricity Connected, Private Septic Connected, Private Well Connected, Other Available
Waterfront Description Lake Front
Building
Lot Description Irregular Lot
Schools
School District Glencoe-Silver Lake
Others
Restrictions Easements,Easements-Road/Right of Way
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