300 E Signboard Rd

    BUMPASS, VA 23024
    • $758,000
    • STATUS: Active
    • ON SITE: 30 days
    • MLS #: 577941
    $758,000
    • 0
      BEDS
    • 381.42
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Investment grade transitional, timberland property on Louisa/Hanover County line; portion of tract in Hanover, property taxed in Louisa. Professionally managed for timber since 1950s; 125 ac two yr old loblolly, 165 ac fifteen year old loblolly, 4 ac power line, 4 ac internal road system with residual 83 acres a duck hunters paradise beaver swamps & creeks. Plantation loblolly pine has been an excellent investment with growth approaching 10% per year, better than the stock market!. The 165 ac of pines could be harvested now for an immediate ROI and then replanted with a superior seedling for another harvest in twelve to fifteen years. The two year old pine are free to grow or can be converted to pasture for a large farm setting.

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    Listing information © 2018 Charlottesville Area Association of Realtors Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS or Strong Team REALTORS. Data last updated 2018-07-15T23:12:48.473.
    www.strongteamrealtors.com/homes/84669186

    300 E Signboard Rd BUMPASS, VA 23024

    • Price: $758,000
    • Status: Active
    • MLS #: 577941
    0
    Beds
    0
    Baths
    0
    ½ Baths
    381.42
    Acres
    Neighborhood:
    None
    Area:
    Louisa
    Elementary School:
    Jouett
    Middle School:
    Louisa
    High School:
    Louisa
    Property Description
    Investment grade transitional, timberland property on Louisa/Hanover County line; portion of tract in Hanover, property taxed in Louisa. Professionally managed for timber since 1950s; 125 ac two yr old loblolly, 165 ac fifteen year old loblolly, 4 ac power line, 4 ac internal road system with residual 83 acres a duck hunters paradise beaver swamps & creeks. Plantation loblolly pine has been an excellent investment with growth approaching 10% per year, better than the stock market!. The 165 ac of pines could be harvested now for an immediate ROI and then replanted with a superior seedling for another harvest in twelve to fifteen years. The two year old pine are free to grow or can be converted to pasture for a large farm setting.
    Exterior Features

    Driveway Yes Fenced No Land Description Gently RollingWooded Road Street On Bus RoutePublic Rd View Pastoral ViewWooded View Water Property Pond-Lake SiteStream-Creek

    Interior Features

    Best Use FarmingInvestmentTimber Current Use Timber Electricity Routed To Property Farm Improvements Riding Trails

    Property Features

    Amenities Riding TrailsWalk/Run Trails Division Rights Yes Farm Remarks Since The Timber On The 125 Acres Has Been Cut For Four YearsThe Stumps Can Be Grubbed Easily And The Area Converted To Pasture Or Row Crops. This Portion Of The Tract is Gently Rolling And Would Make An Excellent Farm Area With Pond And Home Sites With Farm View. A Potential Secluded Farm With Privacy But With Close Proximity And Easy Access To Hanover & Richmond Metropolitan Area. There is A 75 Foot Tree Buffer Along The 2100 Feet Frontage On Signboard Road. Green Features No Hoa YN No In Land Use Yes Lender Owned No Property Type Agricultural Sewer Septic None Tax Year 2017 Taxes 989 Water None Zoning A2 Agricultural General

    Listing provided courtesy of Turner Realty & Forestry, Llc..


    Listing information © 2018 Charlottesville Area Association of Realtors Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS or Strong Team REALTORS. Data last updated 2018-07-15T23:12:48.473.
     
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