We have decided to put our Ozark Real Estate Gem on the market seeking a worthy buyer. This has been home since 1974 but times have changed and it is time for us to move on.
This property is located in Madison County, Missouri within the northeastern portion of the Mark Twain National Forest. It consists of 470 acres of forested hills, reforested old fields, open land and 3 spring-fed streams. There are numerous hunting opportunities on the property with deer and turkey being plentiful.
There are 2 homes on the property, each with outbuildings and a partially restored 120-year-old one-room schoolhouse. One of the homes was built in 1980 and is made of large pine logs that grew on this property. It has a full basement and a half 2nd floor, one bathroom and a small barn. The other home is a frame building that was built in 1953. It has a full basement and a half 2nd floor, one bathroom, 3 shed type outbuildings buildings and a large old barn. This could be an excellent rental property.
The property includes a 1-acre, south-facing, abandoned quarry that could be used as a building site.
The forest of this property has been managed according to the guidelines of the Missouri Department of Conservation. This includes planting riparian buffers along the streams, creating a Forest Management Plan and then following that plan regarding recommended timber harvests, Timber Stand Improvements, water bars on skid trails, etc. The last timber harvest was between 2012 and 2017.
The sale of this property includes a Conservation Easement. The goal of this easement is to keep the property undivided and in its current natural state. The easement includes 3 designated building sites on which two sites have current dwellings.
The price for this property is $1,175,000 net to the seller – $2,500 per acre
The houses are replacement valued at –
Log House – $271,000
Frame House – $190,00
Total for buildings – $461,000
Land – $714, 000 / 470 acres = $1,519.15 per acre
This Ozark Real Estate Gem is for sale on an “as is” basis where the buyer accepts whatever positive or negative attributes there might be with no recourse to the seller. The house sites have been tested for lead with none being found. There are no industrial or commercial sites that are in the upstream watershed. The sale will include a collection of artifacts and documents dating back to the first European settlers of the area around 1830.
All-weather gravel county road
2021 Electricity rate – $0.0903 per kilowatt-hour
No gas at either location
2 drilled water wells with submersible pumps
Telephone on the buried copper wire w/ 911 service
Satellite internet connection
US Mail delivery to mailboxes in front of homes on county road
Courrier service by FedEx and UPS
20 minutes to shopping and a small hospital – Fredericktown, Missouri
30 minutes to better shopping and 2 small hospitals – Farmington, Missouri
1 hour to university, shopping and major hospitals – Cape Girardeau, Missouri
2 hours to major midwestern universities and hospitals – St. Louis, Missouri