$262,500
$270,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
120 Acres Lot
SOLD DATE : 11/20/2023
Key Details
Sold Price $262,500
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6434268
Annual Tax Amount $89
Tax Year 2022
Lot Size 120.000 Acres
Property Description
The Red Oak Forest is an amazing property. It offers ¾ mile of road frontage on Highway E, conveniently located 15 miles from Ashland and a few miles south of Highway 2. The Red Oak Forest is a significant sawtimber resource with over 100 acres in hardwood and high-volume red oak sawtimber and veneer. Other areas of aspen and pine add diversity and provide ideal hunting. The tract is nearly all upland. The land is being offered for sale at $270,000 or $2,250 per acre. This is an investment in timber with the plus of huge acorn production and great hunting. The big trees on this property provide unsurpassed character – rarely seen on most wooded property today. This forestland is enrolled in the Managed Forest Law – Open but could be purchased are rolled into the Closed category for private hunting and recreation, or withdrawn from the MFL for residential use.
Location
State WI
County Bayfield
Zoning Forestry
Exterior
Utilities Available None Connected, Electricity Available
Building
Lot Description Tree Coverage - Heavy
Schools
School District Drummond Area
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