Turn-Key @ Fourth Creek - Spirit River, ABView Parcels for Auction
Turn-Key @ Fourth Creek - Spirit River, AB Sold - AB
Sold on September 30, 2020
Two parcels for sale north, north-west of Spirit River, Alberta. 4.5 quarters that include prime farmland with CLI #2 soil along with a mature homestead and surface lease revenue. Parcel 2 may also be of interest to recreational buyers as it is ideal for hunting. View the Starting Bids in the Parcel Details.
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This turn-key farm is located twenty-two miles, as the crow flies, north, north-west of Spirit River, Alberta. The farm is located near two local schools; twenty miles east of the Savanna K-12 school and only fifteen miles from a local Mennonite school.
‘Turn-Key @ Fourth Creek’ has been handcrafted to perfection for over six decades by its original owner who has recently passed on. He was of Scandinavian descent and although most Vikings are known for sailing, this one loved and nurtured the land. Windbreaks were strategically left to preserve moisture and avoid erosion. Currently a grain farm, but at one time a mixed farming operation, the farm offers a new buyer both options. As an estate sale, ‘Turn-Key @ Fourth Creek’ needs a new owner before winter and, accordingly, has a Starting Bid set several hundreds of thousands of dollars below a recent appraisal.
Driving down the lane of Parcel 1 into the mature homestead gives one a feeling of instant tranquillity. The 1,885 square foot, one and a half storey, well-maintained home is less than twenty-five years old and comes with a fully developed basement. Large expansive decks on both the east and west offer that perfect setting to start and finish your day. The well-manicured, secluded yard sits quietly waiting for youngsters to bring it alive and fill the many bedrooms in the house. The yard has a double detached 22' x 28' insulated garage with concrete floor and overhead door. There is also a 24' x 46' workshop with concrete floor. The large coulee on the westerly side of Parcel 1 offers up a magnificent setting for those secluded Sunday family picnics.
The land is all classed as CLI #2. Excellent soil in an area well known for moisture, ‘Turn-Key @ Fourth Creek’ will ensure the fine sleep you can have in the peace and quiet of no traffic, only birdsong for a lullaby. In total 710 acres with over 450 under cultivation. Plug in the calculator and you will see it is likely some of the most economic CLI #2 land for sale in all of Western Canada. Not to mention a showpiece home for potentially cents on the dollar of its replacement cost.
If you're looking to enter the agriculture market at today's all-time low-interest rates, but wish to plan for future expansion, this is the area for you. An area where big game is more common than school buses these days. A good deal of neighbouring land is either rented out or farmed by older farmers. All significant factors for a young farm family setting up with a view for expansion in the years to come. There will be other land coming up for sale in the future. Perhaps the real diamond in the rough for ‘Turn-Key @ Fourth Creek’ is the Surface Lease Revenue of $8600 a year that comes with the farm – a hefty sum that would greatly assist in servicing the interest on any mortgage.
Parcel 2 will be of interest to recreational buyers as well. This half section abuts crown land and is truly a hunter’s paradise. Build that dream cabin and start loading shells or order more arrows as you will need them. Buy this half section and have hunting access all the way to the majestic Peace River valley.
Please review the Purchase Agreement in the Parcel Details section to see the specifics of the offer.
‘Turn-Key @ Fourth Creek’ will be offered for sale by online electronic tender by CLHbid.com. Check the website for updates from time to time.
Viewing of Property: Registered bidders may view the property by contacting us by email at email@example.com.
SLR Details: Parcel 1