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7521 Pleasant Ridge Road, Arlington, TN 39629

$963,900
Property Type: Land Lot Size (sq. ft.): 4,198,748 Status: Active
Current Price: $963,900 List Date: 5/31/2024 Last Modified: 5/31/2024

Description

Offered for sale, in whole or in part, this stunning 96.39+/- acre property on Pleasant Ridge Rd, unincorporated Shelby County. Minutes from Austin Peay and 385! Rolling hills provide a scenic entrance down the driveway from Pleasant Ridge. Several gorgeous home sites look out over the 6.5 acre lake. Mostly open acreage with wooded property boundaries allows you beautiful views while maintaining seclusion from the blacktop frontage and neighboring homes. This farm would make a perfect equestrian hobby farm and homestead for a single owner. Or there are many quality home sites on all sides of the lake allowing you to build your own lakefront community. The farm is fully fenced and currently used for hay production and grazing horses. There are deer and turkey on the property offering some hunting opportunities as well as great fishing! Subdivision by deed at closing would be an easy option to split the property into two ~48-acre halves. Seller will consider offers to subdivide up to four separate ~24-acre tracts at $10,000 per acre. No offers to subdivide will be accepted unless all acreage can be sold.

More Information MLS# 4081295

Address and Location Information

Street Number Assigned?: Yes Street Number: 7521 Street Name: Pleasant Ridge Street Suffix: Road County: Shelby State: TN Zip Code: 39629 Parcel Number: D0-139-0-0006 Directions to Property: From Austin Peay and Pleasant Ridge, go east on Pleasant Ridge 1.15mi. Property entrance is secluded gated entrance on your right. Community Of: N/A

Listing Information

Status: Active List Date: 2024-04-25 List Price: $963,900 Current Price: $963,900 Property Sub Type: Acreage (more than 10 acres) Listing Service: Full Service

Co-Op and Commission Information

Buyer Agency Compensation: 3 Buyer Agency Comp Type: %

General Property Information

Approx Lot Size Acres: 96.39 Lot Size Dimensions: 548 X 3552.96 IRR Expandable Area: No List Price/Acre: 10000 Divisible: Yes

Tax and Financial Information

Tax Annual Amount: 959 Tax Year: 2023 Homestead Y/N: No Additional Exemptions Y/N: No Flood Insurance Required?: No Leasehold Y/N: No Association: No Covenants Y/N: No Legal Description: SS PLEASANT RIDGE RD SEE MAP 59

Remarks & Miscellaneous

Public Remarks: Offered for sale, in whole or in part, this stunning 96.39+/- acre property on Pleasant Ridge Rd, unincorporated Shelby County. Minutes from Austin Peay and 385! Rolling hills provide a scenic entrance down the driveway from Pleasant Ridge. Several gorgeous home sites look out over the 6.5 acre lake. Mostly open acreage with wooded property boundaries allows you beautiful views while maintaining seclusion from the blacktop frontage and neighboring homes. This farm would make a perfect equestrian hobby farm and homestead for a single owner. Or there are many quality home sites on all sides of the lake allowing you to build your own lakefront community. The farm is fully fenced and currently used for hay production and grazing horses. There are deer and turkey on the property offering some hunting opportunities as well as great fishing! Subdivision by deed at closing would be an easy option to split the property into two ~48-acre halves. Seller will consider offers to subdivide up to four separate ~24-acre tracts at $10,000 per acre. No offers to subdivide will be accepted unless all acreage can be sold.

Land Details

Acres Pasture: 69 Acres Wooded: 27 Frontage Feet: 548 Mineral Rights: Yes

Workshop Features

Workshop: No

Waterfront Features

Waterfront: Yes

Horse Amenities

Horse Amenities: Yes

Showing Requirements

Showing: Appointment Required

Property Features

Current Use: Fishery; Grazing; Horses; Hunting; Investment; Livestock; Pasture; Ranch; Recreational; Timber; Vacant Possible Use: Agricultural; Cattle; Dairy; Development; Farm; Fishery; Grazing; Horses; Hunting; Investment; Livestock; Pasture; Ranch; Recreational; Residential; Single Family; Subdevelopment; Timber; Unimproved; Vacant Location: Rural Lot Features: Farm; Irregular Lot Trees - Wooded: Oak; Partially Wooded Covenants And Restrictions: None Utilities: Electricity Available Sewer: None Water Source: Public Listing Terms: 1031 Exchange; Cash; Conventional Sale Options: Will Divide Fencing: Barbed Wire; Perimeter Road Frontage Type: County Road Road Surface Type: Asphalt Waterfront Features: Lake Horse Amenities: Pasture Livestock: Horses Available Documents: Aerial Map/Photo; Legal Description; Maps; Photographs; Survey Mineral Rights: Mineral Rights Convey
Listing Office: Turtle Creek Land Network, LLC
Listing Agent: Kirk Malmo
Last Updated: May - 31 - 2024

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Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.