Awesome, land/cottage opportunity for the right buyer.
The property has been in our family for a few decades, now. The owner is retired and is located in Florida (husband recently passed away).
The property consists of a double lot, approx 1/2 acre, do not judge based off of Zillow, they have not redrawn the property line to include the 2nd lot which was added approx 10 years ago. There is approx 180' of water frontage.
The property has an amazing virgin rim view of Oxbow Pond (Mill Pond) and Oxbow Lake, there is a fixed bridge which will accommodate up to a pontoon boat (with the top down). You get the best of both worlds, you get the privacy, calm waters of the pond and you can easily join the busy activity of the lake if you like.
The property has a very rustic cottage, built in 1904! It is a small cottage, 3 bedrooms with 1.5 baths, approx 800 sq', 3 floors, an old furnace, and a wood stove. The electrical was updated approx 10 years ago. It currently has well water and a new septic tank (2017), city connection may be available, not sure.
If you are handy you may want to restore the cottage or you could take advantage of the amazing lot and build a new house/prefab while living in the cottage.
This opportunity is in the land, not the cottage, it is sold as is, no guarantees or warranties are expressed/implied.
We have spoken to a few real estate agents based in the area, they appraised the property based on market value and limited inventory of virgin land to be at $220-250k.
We will consider any viable offer, no low ballers or tire kickers, we are not in the position that we need to sell the property. Money talks... We would consider carrying the paper (land contract) for a short period of time with a decent down payment.
No need for a real estate agent, we can split the fees and use a local real estate lawyer, etc.
Note, 4 houses down (10071 Elizabeth Lake Rd) sold for $179k in 10-17, the house is located on a dangerous road curve and the lot is approx 6 smaller than ours with no view, granted the house was updated in 2017.
If you are a serious player, please contact us to arrange a viewing, IF by phone; PLEASE text 1st.
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