140 Acres • 3 Dwellings • 2 Unique Addresses • Multiple Potential Income Streams
This listing includes two unique addresses (5694 & 5695 Winter Wood Lane) and four tax parcel IDs (6898-62-2691-000, 6898-52-2874-000, 6898-51-2914-000, & 6898-51-2021-000) totaling 140 acres. The property offers multiple potential income streams, additional subdivision potential, and may be eligible for the National Register of Historic Places. Agricultural Best Management Practices (BMPs) are in place to include water piped directly to automatic livestock watering tanks.
5694 WINTER WOOD LANE – TAX ID 6898-62-2691-000
5694 Winter Wood Lane is an early 1900s farmhouse with 3 BRs and 3 full bathrooms on 35 acres. The home was stripped to the studs and restored in the 1980s. Previously, a fourth bedroom occupied the space that is now used as a formal sitting and dining area. The second floor hall bathroom features a walk-in shower, and the en suite master bathroom features a Jacuzzi tub. One guest bedroom has its own private balcony. All appliances convey, including a chest freezer and a second fridge/freezer combo in the mud room. Heating, AC, and hot water are geothermal. Water softener and sump pump have also been installed.
Sharing the same tax parcel as the primary residence is a recently constructed 3-story guest house/barn with full kitchen, 2 full bathrooms, office, living room, one car garage, and upstairs dormitory with sufficient space for several beds – an ideal setup for a vacation rental or hunting lodge. The third story could be converted into a hay loft or used for storage. The guest house is on separate electric with underground lines. It has a gas furnace. The propane tank conveys.
Home and guest house are surrounded by beautifully manicured gardens complete with salt water swimming pool, doggie playpen, fenced in blueberry patch with 18 healthy bushes, and a run-in shed. The blueberries could be harvested and sold seasonally. The shed and pool equipment share electricity with the guest house. According to a 2011 subdivision research request, this tax parcel could be subdivided to yield a maximum of 3 lots.
5695 WINTER WOOD LANE – TAX ID 6898-51-2021-000
5695 Winter Wood Lane is a 4 bedroom/1 bathroom tenant-occupied house on 31 acres. The house is in fair condition and is currently rented below market value for $1,000/month. The market rate for 3 & 4 BR rentals in the area is $1400-$1800/month. The house has its own washer and dryer and is on propane gas and electric. It also has its own well and septic and two storage barns/outbuildings. With a little TLC, this property could make a fantastic vacation rental to complement the guest house on 5694 Winter Wood Lane. According to a 2011 subdivision research request, this tax parcel could be subdivided to yield a maximum of 3 lots.
TAX IDs 6898-52-2874-000 & 6898-51-2914-000
Tax IDs 6898-52-2874-000 & 6898-51-2914-000 are situated in the rear of the property and include roughly 74 acres. Roughly three-quarters of this acreage is protected by a Wetlands Reserve Program (WRP) easement. Recreational uses, including undeveloped hunting and fish and leasing of such rights are permitted. The WRP easement covers roughly 60.5 acres and extends into portions of 5694 and 5695 Winter Wood Lane. An additional 7.9 acres is in the Conservation Reserve Enhancement Program (CREP).
All parcels are enrolled in the land use program, with rollback taxes estimated at roughly $28,000. The current farmer can prepare a farming history affidavit to ensure the property remains in land use.
In summary, this is a beautiful property with excellent income potential. Potential income streams include (1) operating the guest house as a rental or hunting lodge, (2) operating the tenant house at 5695 Winter Wood Lane as a rental, (3) leasing the northwest portion of the property for hunting and fishing, and (4) leasing remaining land to a farmer.