3697 Desert Lake Road

Property facts

Price

$649,900

Type

rural residential

Bedrooms

4

Bathrooms

1

MLS®

X14089228

Status

active

Brokerage

EXP REALTY, BROKERAGE

About this home

Welcome to this traditional country farmhouse on almost 80 Acres in South Frontenac Township. 4-bed, 1-bath, country kitchen, family room, bonus unfinished space in the rear addition with a huge loft. Metal Roof. Forced-air furnace. Propane/Electric Heat Pump (energy-efficient heat and central air). Upgraded electrical panel with breakers. Spray-foam insulation in the basement. Original plank flooring and a character-filled staircase. Drilled well. All of this on almost 80 Acres.HERE'S THE OPPORTUNITY: "Provisional Consent Granted" by the Township to divide the property into TWO parcels: ONE 40 Acre Parcel, and ONE 39 Acre Parcel, keeping the House with that 39 Acres.How much is a 40 Acre parcel worth in South Frontenac? How much is a home on 39 Acres worth?The Seller has ALREADY done the bulk of the leg work, i.e., the Seller has had professional drawings prepared showing the proposed severance, submitted the severance application to the Township, had it circulated through Planning & other relevant Township departments, posted public notice to obtain community response, completed the municipal circulation process, and ultimately obtained Provisional Consent, subject to conditions.Therefore, whoever purchases this property can either keep it as it is, i.e., the Home with almost 80 Acres, and enjoy life. OR, the Buyer can choose to complete the severance by successfully completing the final remaining conditions required by the Township for finalization.Upon successful completion of all remaining conditions and finalization of the severance, the Buyer would then own TWO properties: the House on approximately 39 Acres AND a separate approximately 40 Acre parcel. The Buyer could then, for example, choose to sell the House on 39 Acres and keep the 40 Acre parcel, or vice versa, or of course, sell it all, or keep it all.Link to interactive aerial views illustrating the existing property, PLUS, the opportunity being offered.

Location