N/A Ellison Lake Road new

Barnes,WI 54876

$ 740000

- Bed

- Bath

0 SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1591990

Annual Tax Amount $115

Tax Year 2024

Lot Size 160.000 Acres

Acres 160.0

Property Description

This 160 acre red pine plantation presents an a incredible opportunity to obtain a prime forestland investment. The red pine plantation will be ready for its third thinning in as few as 4 years. This vacant land is conveniently located north of the beautiful Eau Claire Lakes and less than a 1/2 mile south of Tomahawk Lake. A rezoning application has been submitted and is awaiting the approval from Bayfield County and the Town of Barnes in order to switch the land from F2 to F1 zoning. The rezoning to F1 would allow for building of a residence and a minimum lot size of 4.5 acres per Bayfield County zoning requirements. At this time the land is zoned F2 and offers may include the contingency of the F1 zoning approval if needed by the potential buyer. The land is enrolled in the Managed Forest Law (MFL) program under the "open" classification for reduced property taxes. If an offer to purchase is signed prior to December 1, the land can be switched to MFL "closed".

Location

State WI

County Bayfield

Zoning Forestry

Exterior

Utilities Available Electricity

Building

Lot Description Rolling/Hilly,Wooded,In Federal/State Land Progrm

Sewer No Waste Disposal System

New Construction N

Schools

School District Drummond

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