W839 Lk Orch Ct Sheboygan, WI 53083
This exceptional 32.6-acre property in Sheboygan, Wisconsin, presents a rare investment opportunity. Boasting stunning Lake Michigan frontage, the estate includes two homes: a four-bedroom, three-bathroom farmhouse and a cottage currently used for short-term rentals. A significant feature is the well-maintained event barn, complete with bathrooms, a bar, kitchenette, and prep areas, ideal for weddings and large gatherings. The property also houses a thriving aquaponics business and a small golf course. All buildings are well-maintained, featuring updated wells, septic systems, underground electric, and a generator. Numerous outbuildings add to the property's versatility. Future development potential exists for three or four additional lakefront building lots. The property's location offers absolute magnificent views and exceptional privacy. Taxes for the main parcel (18.6 acres) are $1,342 annually. Separate parcels totaling approximately 14 acres have annual taxes of $6,069 and $12,620. A public access easement exists on the south end of the vacant land, and drain tile leads to the lake. This unique property offers a blend of established businesses, residential options, and significant development potential, making it an exceptional investment. The property is located at W839 Lk Orch Ct, Sheboygan, WI 53083. The asking price is $5,900,000.
Cap rate
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Property description
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