658+- ac Ranch w/ 3 Cool Homes and Buildings

Vacant Land for Sale
Catylist Listing ID: 30594596
Property Subtypes: Agricultural, Residential (Single Family)
Gross Land Area: 658 Acres
Sale Price: $3,670,000
Unit Price: $5,577 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/29/2020

Overview / Comments

PROPERTY DESCRIPTION - The opportunity is to purchase a first-class 658± acre ranch in Arcadia. It boasts a beautiful 5,700+ SF custom home with 5 bedrooms, 8.5 bathrooms, and a screened-in pool. In addition, it also has a 1,900+ SF ranch house, a 1,200 SF cabin overlooking the pond, cattle pens, and numerous storage buildings.

Currently, the property is being used for cattle grazing. It has 6 (3-6" and 3-4") permitted wells, cattle pens, and is fenced and cross fenced. It's an estimated 78% uplands and 22% wetlands.

LOCATION DESCRIPTION - Lipe Road Ranch is located at 9317 SW Lipe Road in Arcadia in unincorporated DeSoto County. It's only 10 minutes from I-75 and State Road 72. This allows for short travel times to downtown Arcadia, Port Charlotte & Punta Gorda (all 20 minutes or less). It's also only 45 minutes from Fort Myers, one hour from Sarasota, and 90 minutes from Tampa, St. Petersburg & Naples.

The property can be accessed by traveling along CR 769 and turning west onto SW Lipe Road. The property is located at the end of road on the right.

PROPERTY SIZE- 658 Acres

This has a variable rate commission.

Additional Details

Nearest MSA: Arcadia
County: DeSoto
Tax ID/APN: 34-38-23-0000-0080-0000

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,968 3,926
Median Age: 59.42 54.21
Households: 1,414 1,770

Contact

Photograph of Listing Agent

William A. Eshenbaugh

Eshenbaugh Land Company CE-FL Member
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