6500 Getwell Rd, Hernando, MS 38632 (MLS# 4032027)

6500 Getwell Rd, Hernando, MS 38632

$2,625,000

Property Type: Land Bedrooms: 3 Square Footage: 1,849 Lot Size (sq. ft.): 59,023,800 Status: Closed

Current Price: $2,849,000 List Date: 1/17/2023 Last Modified: 11/04/2024

Description

Welcome to Coldwater Flats, a 1,355± acre sportsman's paradise that features 2 cabins and nearly 4 miles of Coldwater River frontage just 30 minutes south of Memphis and 1 hour from Oxford. This investment grade, legacy property boasts a whopping $76,163 annual CRP payment until 2030 (2.5% return on list price). The rustic cabins are 1,277 sq ft 2 bedroom/1.5 bath and 577 sq ft 1 bedroom/1 bath, both with covered storage areas and freshly painted exteriors. The duck hunting at Coldwater Flats is incredible with over 100 acres of natural sloughs and impoundments. Take the time to look through all the history pics to see for yourself. Abutting well-known Beartail Farms and Arkabutla Lake being close by, this puts Coldwater Flats on the 'X' for a large number of mallards year after year. The deer & turkey hunting is excellent with established food plots and several large bucks harvested over the years. The turkey population is very healthy with consistent sightings. Extensive land improvements include gated entrance, gravel interior roads, mulched trails, duck impoundment w/flash board riser pipe, railcar bridge, 800-lb steel gravity feeders, shooting houses, etc. All food plots have been disked and planted as of 10/24. For the investor, there is potential for additional income streams through carbon sequestration, CSP program, and hunting leases. There is also a significant amount of hardwood timber on the property that could be harvested in the future. With all the amenities of Hernando just 10 minutes away, Coldwater Flats is a true turn-key property that is ready for you to start making memories right away!

More Information MLS# 4032027

Address and Location Information

Street Number Assigned?: Yes Parcel Number: Multiple Community Of: N/A Street Number: 6500 Street Name: Getwell Rd County: DeSoto State: MS Zip Code: 38632 Subdivision: Metes And Bounds

Location

Rural: 1

Listing Information

Listing Service: Full Service Status: Closed List Date: 2022-10-24 List Price: $2,849,000 Current Price: $2,625,000 Property Sub Type: Farm

General Property Information

Property Sub Type: Farm New Construction: No Approx Lot Size Acres: 1355 SqFt Source: Appraiser Additional H/C SqFt: 0 Expandable Area: No List Price/Acre: 2102.58 Divisible: No Year Built Source: Other Total Floors: 2 Total Rooms: 4 Bathrooms Half: 1 Bathrooms Three Quarter: 0 Fireplace: No Fireplaces Total: 0 School District: Desoto CO Dist Home Warranty: No Accessibility Features: No Approx H/C SqFt: 1849 Year Built: 2002 Bedrooms Total: 3 Bathrooms Full: 2

Tax and Financial Information

Tax Annual Amount: 2455 Tax Year: 2021 Homestead Y/N: No Additional Exemptions Y/N: No Flood Insurance Required?: Subject to Survey Leasehold Y/N: No Association: No Covenants Y/N: No Legal Description: see deed

Remarks & Miscellaneous

Public Remarks: Welcome to Coldwater Flats, a 1,355± acre sportsman's paradise that features 2 cabins and nearly 4 miles of Coldwater River frontage just 30 minutes south of Memphis and 1 hour from Oxford. This investment grade, legacy property boasts a whopping $76,163 annual CRP payment until 2030 (2.5% return on list price). The rustic cabins are 1,277 sq ft 2 bedroom/1.5 bath and 577 sq ft 1 bedroom/1 bath, both with covered storage areas and freshly painted exteriors. The duck hunting at Coldwater Flats is incredible with over 100 acres of natural sloughs and impoundments. Take the time to look through all the history pics to see for yourself. Abutting well-known Beartail Farms and Arkabutla Lake being close by, this puts Coldwater Flats on the 'X' for a large number of mallards year after year. The deer & turkey hunting is excellent with established food plots and several large bucks harvested over the years. The turkey population is very healthy with consistent sightings. Extensive land improvements include gated entrance, gravel interior roads, mulched trails, duck impoundment w/flash board riser pipe, railcar bridge, 800-lb steel gravity feeders, shooting houses, etc. All food plots have been disked and planted as of 10/24. For the investor, there is potential for additional income streams through carbon sequestration, CSP program, and hunting leases. There is also a significant amount of hardwood timber on the property that could be harvested in the future. With all the amenities of Hernando just 10 minutes away, Coldwater Flats is a true turn-key property that is ready for you to start making memories right away!

Current Use

Recreational: 1

Structure Type

Cabin: 1

Possible Use

Recreational: 1

Architectural Style

Ranch: 1

Land Details

Irrigated: No

Lot Features

Many Trees: 1

Covenants And Restrictions

None: 1

Levels

Two: 1

Sewer

Private Sewer: 1

Water Source

Well: 1

Listing Terms

Cash: 1 Conventional: 1

Workshop Features

Workshop: No

Waterfront Features

Waterfront: No

Showing Requirements

Showing: Appointment Required

Interior Features

Open Floorplan: 1

Utilities

Electricity Connected: 1

Fireplace Features

Other: 1

Appliances

Refrigerator: 1

Walls - Interior

Wood: 1

Flooring

Wood: 1

Window Features

Vinyl: 1

Accessibility Features

Accessible Parking: 1

Cooling

Window Unit(s): 1

Heating

Wall Furnace: 1

Foundation Details

Other: 1

Exterior Construction/Siding

Wood Siding: 1

Roof

Mixed: 1

Patio And Porch Features

Porch: 1

Driveway Features

Gravel Drive: 1

Parking Features

Driveway: 1

Horse Amenities

Horse Amenities: No

Attic Features

Attic: No

Basement Features

Basement: No

Home Warranty

Buyer's Warranty: 1

Water Heater

40 Gallons or Less: 1

Status Change Info

Contract Date/Pending Date: 2023-02-28 Closing Date: 2023-04-17

Property Features

Current Use: Recreational Possible Use: Recreational Location: Rural Lot Features: Many Trees Covenants And Restrictions: None Sewer: Private Sewer Water Source: Well Listing Terms: Cash; Conventional Utilities: Electricity Connected Structure Type: Cabin Architectural Style: Ranch Levels: Two Interior Features: Open Floorplan Fireplace Features: Other Appliances: Refrigerator Walls - Interior: Wood Flooring: Wood Window Features: Vinyl Accessibility Features: Accessible Parking Cooling: Window Unit(s) Heating: Wall Furnace Foundation Details: Other Roof: Mixed Patio And Porch Features: Porch Driveway Features: Gravel Drive Parking Features: Driveway Home Warranty: Buyer's Warranty Water Heater: 40 Gallons or Less

Listing Office: Hopper Properties

Listing Agent: Paul Hopper

Last Updated: November - 04 - 2024