455 Ore Rd Westpoint, TN 38486
This exceptional 125.9-acre property in Lawrence County, Tennessee, offers a unique blend of rural tranquility and convenient access to larger towns. Nestled in the charming town of Westpoint, it's approximately 25 minutes from Lawrenceburg, 45 minutes from Florence, Alabama, and Columbia, Tennessee, and under two hours from both Nashville and Murfreesboro. Surrounded by over 3000 acres of tree farms, this secluded farm ensures privacy and peace. The land boasts a diverse landscape of open pastures and wooded hills, crisscrossed by miles of trails ideal for horseback riding, ATV use, hiking, and camping. A picturesque spring-fed pond and a year-round creek add to the property's natural beauty. Water is supplied by natural springs, with a spring box and filtration system in the farmhouse. Utilities include Lawrence Utility Systems electricity (two accounts), and propane gas service from Thompson Gas. The Amish-built farmhouse features a spacious eat-in kitchen, dining room, living room, a four-season sunroom, a patio, three bedrooms, and two full bathrooms. LVP and ceramic tile flooring are throughout. The main bedroom includes a large bathroom with a garden tub and walk-in shower. Two tornado-safe rooms are located in the attached two-car garage. Appliances, including a new dishwasher, are included. A massive, custom-designed barn (120'L x 64'W) offers ample space for animals or conversion into additional living space. It includes a tornado shelter, a large open area, and two 80'L x 12'W sheds. One shed features two finished spaces: a studio apartment with a full kitchen and bath, and a separate room with a bathroom, suitable for an office or tack room. The property also features established fruit trees, berry bushes, and persimmon trees. Greenbelt tax assessment keeps annual property taxes under $500 (2023). This property presents numerous possibilities, from a private homestead to an income-generating venture.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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