Twin Coulee Mint

Sold on July 15, 2021
from 4:00 PM to 4:00 PM UTC

Location
Fairview, AB
Sale Size
1 Parcel, 310 ± Acres
Final
$640,000

Half section just 14 km SW of Fairview, Alberta of some of the richest farmland in the Peace Region, with the potential to be certified organic. Stunning views of the Island Creek Coulee to the East, Hines Creek Coulee to the West and crown land surrounding three sides. The huge Surface Lease Revenue is like having your own 'Mint'; to print money! There is also significant infrastructure, including a 2,169 sq/ft home.

Sale Details

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Sale Description

Located fourteen kilometres west, south-west of downtown Fairview, Alberta, and approximately four thousand kilometres west of the Royal Canadian Mint in Ottawa, you will find one of the most unique half sections of land in Northern Alberta. 

There is no need to own an alarm clock if you buy this half section as you will wake to the sound of Ka-Ching, Ka-Ching each morning!  Over two thousand dollars of recurring revenue are credited to the new owner every month!  Do the math and at today's interest rates, the massive annual Surface Lease Revenue will cover not only the interest component of your mortgage, but a good portion of the principal as well.   The producing wells show no sign of depletion with a new pipeline built within the last four years to service them. 

The Starting Bid for ‘Twin Coulee Mint’ is set at barely half the value of the property’s recent appraisal.  The current owners have carried out numerous noteworthy improvements to the land during their tenure, including building a new ranch home in 1990. With its large country kitchen, sizeable entry mudroom, four bathrooms, main floor laundry, three bedrooms on the main floor and an additional three bedrooms downstairs, this home could not be more user friendly for a large family or shared dwelling.

Now that the kids have left home, it is time to turn it over to new owners so they can make their own family memories on this unique home half.  Buy this half section and enjoy the benefits of living at the end of a dead-end road, just three kilometers off pavement, while taking in breathtaking views over Island Creek and Hines Creek Coulees. White tail and mule deer, moose, elk, and the occasional bear or cougar travel the coulees. Snowmobiling, tobogganing, hiking, trail riding, hunting and wildlife viewing are all just a step out your door. 

The current owners are grateful to have had the opportunity to raise their kids in this idyllic setting while they enjoyed belonging to 4H beef, and Light Horse Clubs. This ranch has paid for itself in family memories time and time again.  A new owner is likely to buy the half for well under replacement cost.  Grain farmers will undoubtedly look at purchasing the half-section for the arable acres and SLR, while looking to subdivide off the home place and sell the acreage where the corrals and handling system were relocated to meet environmental standards.

Our CLHbid.com videographer knows how to showcase farmland, but for ‘Twin Coulee Mint’, in-person viewing is mandatory to really feel how particular this piece is.  Head south down the dead-end Range Road and you will immediately sense that you are heading toward something very special with sprawling open pasture to the east and the deep Hines Creek Coulee to the west.  This property feels like the majestic country estates with long private drives that you would more commonly find on some American TV Western.  The owners are unpretentious and looking to retire; very much the opposite of the ‘Twin Coulee Mint.’  It is bold and willing to work day in and day out for any new owner. 

The land has the potential to be certified organic with no chemicals used on the half section since 1993.  The pasture and hay land were all cultivated at one time and could be again; it is essentially rock free. Three dugouts supply an abundance of water for livestock and reserve for up to three years of drought. While this water is not suitable for drinking usage for the residence, town water is hauled in and stored in a holding tank/separate pump/pressure tank in the basement.  Cross fence offers unlimited potential for intensive livestock grazing, possibly even a small purebred operation.  The high bidder will have the option of acquiring the Grazing Lease kitty-corner to the North West for the sum of $10,000 if they so wish. 

Please review the Purchase Agreement in the Parcel Details section to see the specifics of the offer.

‘Twin Coulee Mint’ is being offered for sale by online electronic tender by CLHbid.com.  Check the website for updates from time to time.

SLR Details: Click to view

Grazing Lease Details: Click to view


Twin Coulee Mint is being offered for sale via online escalating tender by CLHbid.com. Check the website for updates from time to time. The property may be viewed by interested registered bidders. Please contact us by email at info@clhbid.com for an appointment. As a law firm, CLHbid never discloses bidder's names to any party, including the Seller. Only the successful buyer's name is ever disclosed to the Seller as part of the closing process.

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