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Listed by Chris Burke • Burke Realty LLC
$740,000
Est. payment /mo
160 Acres Lot
Active
N/A Ellison Lake Road Barnes, WI 54876
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UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Municipality BARNES
MLS Listing ID 1591990
Building Age Not Available
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
Direction From Solon Springs take CTH A east then take right on STH 27 (S) and travel 1/4 mile then take left onto Ellison Lake Road. Sign will be on your left approximately 1/4 mile after passing Tomahawk Lake Road.
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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