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Listed by Chris Burke • Burke Realty LLC
$ 112,000
Est. payment /mo
Active
N/A Nancy Lake Road Minong, WI 54859
40 Acres Lot
UPDATED:
Key Details
Property Type Other Types
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1589267
HOA Y/N No
Annual Tax Amount $76
Tax Year 2024
Lot Size 40.000 Acres
Acres 40.0
Property Sub-Type Unimproved Land
Property Description
This remote 40 acre parcel offers seclusion, timber revenue, and great hunting opportunities. There is walk in access on an existing logging road with an option to purchase a vehicular easement from the neighbor to Nancy Lake Road. 5 Mile Creek flows through the Northwest corner of the property and the existing trails provide access to the property. The land is enrolled in the Managed Forest Law "Open" program for property tax relief. If an offer to purchase is signed prior to December 1st, the land can be switched to MFL "Closed" starting on January 1, 2026. A majority of the land was planted to red pine in 1981 and the plantation is ready for it's first thinning. This thinning will improve tree health, increased diameter growth and the logging operation will improve the existing logging road for future access not to mention income opportunity. If you are looking for good hunting land with investment opportunity, then you found it.
Location
State WI
County Washburn
Area 58 - Northwood Schl Dist
Rooms
Other Rooms None
Interior
Fireplace No
Exterior
Fence None
Utilities Available None, Sewer Not Available, Water Not Available
Water Access Desc None
Building
Lot Description Rolling Slope, Wooded
Sewer None
Water None
Additional Building None
Schools
School District Northwood
Others
Tax ID 650302421329203000001000