Equestrian Estate - Development Opportunity for Homebuilders

Farm/Ranch for Sale
Also listed as Vacant Land
Catylist Listing ID: 29982830
Property Subtypes: Horse
Gross Land Area: 38.79 Acres
Sale Price: $1,560,000
Sale Terms: Cash to Seller
Auction Type: Undisclosed Reserve
Cap Rate: Undisclosed
Last Updated: 4/17/2017

Overview / Comments

This 38 1/2 Acre +/- Equestrian Estate in the heart of Harrison, only minutes away from Chickamauga Lake, includes scenic pastures and quiet wooded areas, a large custom home, two large barns with horse stalls, an equipment shed, a riding ring, and a 20,000 SF covered riding arena. A small pond sits in the woods near the arena and a wet weather creek runs along the border of the southern pasture. There is a gated entry and paved driveway with access from Ramsey Road. There is a secondary access driveway with approx. 470 Ft. of frontage on Ramsey Town Road. 1 mile from Wolftever Creek on Hwy 58 and only 1 1/2 miles from Harrison Bay State Park.

The existing home is approx. 3,973 SF on the main level (Tax Record) with a stone exterior and lots of large windows providing excellent views of the surrounding woods and pastures. This 4 bedroom & 4 full bath home has great indoor and outdoor entertaining areas. The partial lower level includes a family room, covered porch, ample storage, and a 4 car garage. A separate detached 2 car garage/workshop is connected to the home by a covered walkway. A sunroom leads onto a beautifully landscaped patio area with large boulders, stone paths and an outdoor fireplace, alongside waterfalls which cascade into a fish pond and zero entry pool.

This large property could be a great investment opportunity for a homebuilder to develop a private equestrian community with multiple homesites each able to take advantage of shared amenities.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County
Tax ID/APN: 094 054.00; 094 082.00; & 094 055.01
Zoning: A-1
Highway Access: Less than 1/2 mile to Hwy 58. 15 Min to I-75.
Water Service: Municipal, Well
Sewer Type: Septic


Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,385 14,877 47,924
Median Age: 40.31 40.89 40.51
Households: 888 5,582 18,103

Contact

© Copyright GCAR Commercial MLS. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither GCAR Commercial MLS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.