$1,487,500
 $8,446 forsale estimated payment Sourced by Back At You

0 Range Road , Stem, NC 27581

Stem, NC 27581

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Description

117 acre farm located just outside of Stem in Granville County, NC. First time on the market, this farm has been in the same family for almost 50 years. It is hard to find a farm that offers so many different features, but this property has it all. The farm is located in southwestern Granville County, with easy commute to Durham and the Triangle (less than 10 minutes to I85). It has extensive road frontage (over 2,800 feet), good percable soils, 1 pond, 12 acres of fields, creeks, mature and growing timber. The topography is flat with some rolling hills on the southern end of the property. Considering the location, soils and road frontage, this farm also has a lot of residential development potential. Or it would be an excellent estate property for someone that wants a large amount of acreage for hunting/recreation, but still easy commute to the Triangle. The farm has been managed for timber production and contains two excellent stands of timber. The first stand contains 26 acres of 21-year old loblolly pine that has been thinned once and will be ready for second thinning in 2-4 years. The second stand is 70 acres and is located on the southern end of the property. It contains a mature stand of hardwood timber that can be harvested immediate for income. The farm is under Present Use Value for forestry, which provides the owners with reduced property taxes. This program can be assumed by a new owner to continue to save on property taxes.

Details

Mls10043543
Listing TypeFor Sale
StyleFrmrnch
SubtypeResale
StatusActive
Days On Site134
Listing Provided ByCarolina Forestry & Realty | Keith Brouillard

Features

ZoningAR-40
Acreage116.56
Property ViewYes

Market Activity 27581

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Learn More About This Property

StateNC
CountyGranville
CityStem
Zip Code27581
AreaGranville
Community NameNot in a Subdivision
School DistrictGranville - Granville Central
Elementary SchoolGranville - West Oxford
Middle SchoolGranville - Butner/Stem Middle
High SchoolGranville - Granville Central
Listing VS Median (in Not in a Subdivision)
Price:
$1,487,500
low | high
Med:
$325,000
100% of Average
On Site:
134
low | high
Med:
45.000000
100% of Average
Sourced by Back At You
Listing Updated: December 5, 2024 at 10:41:16 AM PST