Excellent Investment Opportunity In St. Croix Co WI
Media
Summary
Property
- Type
- Farms, Recreational Land, Residential Land, Timberland, Undeveloped Land, Riverfront
- Road Frontage
- County Road
Description
Live and Online at Ranchandfarmauctions.com
**Click on the Ranch and Farm Auctions link under AREA INFO**
Auction Date: 08/26/24 Auction Time: 1:00 PM CT
Auction Venue Location: American Legion Post 111, 464 County Rd VV, Somerset WI 54025
Open House Dates and Times: 7/28/24 from 12 Noon - 4 PM and 08/14/24 from 4 PM - 7 PM at 712 170th Ave, Somerset, WI 54025
Entire Farm Description:
The infamous Apple River Hideaway and Campground is now being offered for sale at public auction! Once a legendary tubing and entertainment experience, this site has been enjoyed for generations of folks seeking fun and adventure floating the Apple River. This beautiful property is being subdivided into 5 separate parcels and offered for sale. Each parcel has its own unique attributes with either river frontage or river views of the clean and clear Apple River. These tracts have the potential to be further subdivided into individual home sites for an excellent return on investment for a developer. Or, build your dream home on an estate sized lot! The possibilities are endless. There is an internal road system in place and many of the tracts have electric installed from the infrastructure that was once the campground. The lots are located in Somerset Township just a mile or less outside the Village of Somerset, WI. Somerset is the first town as you enter into Wisconsin from Minnesota and is poised for tremendous growth due to its location and natural resources. A new federally funded bridge was recently built to connect a four lane highway between Minnesota and Wisconsin providing a quick commute to the Minneapolis/St. Paul Metro and all it has to offer. “Escape to Wisconsin” and do not miss this once in a lifetime opportunity to own a piece of Northwest Wisconsin history that defined generations!
Tract 1 Description: 19.3± Acres
Tract 1 is 19.3± acres and is a combination of tillable ground and gently sloping timber. The entire edge has river frontage so some very nice river home sites exist to complement many off water sites. A concept plat map shows the potential for 5-6 separate lots with approval.
Tract 2 Description: 30.1± Acres
Tract 2 is 30.1± acres in size and is entirely off-water. Mostly flat and partially tillable ground, this tract has power nearby and excellent ingress and egress as it is the first tract as you enter the property. The main entrance road splits this tract in two separate areas creating the possibility for approximately 8 separate homesite tracts.
Tract 3 Description: 10.1± Acres
Tract 3 is 10.1± acres. This is the home site of the owner. There are two separate homes on this site that are currently rented. Use either of two steel buildings to store equipment and enjoy the gently sloping yard that leads you to the Apple River. This site would make a beautiful riverfront estate.
Tract 4 Description: 17± Acres
Tract 4 is 17± acres with relatively flat river frontage. The concept map shows the potential for further subdivided into 4 individual homesites. This parcel is very flat and open requiring very little clearing and excavation work.
Tract 5 Description: 22.4± Acres
Tract 5 is 22.4± acres and is the most secluded tract in the sale as well as the most river frontage of all the parcels. Flat to gently sloping, it could be further subdivided into 4 separate parcels or just enjoy solitude and privacy with everything the river has to offer.
Details:
Taxes: TBD after survey
Lease Status: Open farm tenancy for 2025/Homes on tract 3 are subject to a rental agreement
Possession: Immediate possession subject to current tenant's rights for 2024
Survey needed?: Buyers to pay for any survey costs
Brief Legal: Pt of S2 T30N R19W St Croix Co, WI
PIDs: 032-2009-10-010, 032-2008-90-020, 032-2009-30-010
Lat/Lon: 45.10958, -92.65845
Zip Code: 54025
- Developers dream with several lots to build or develop along the Apple River
- Multiple on and off-water lots will be auctioned
- There is a concept map that shows a concept for even further subdivision increasing potential equity
- Approximately 1 mile of frontage on the Apple River
- Many campsites exist. Electrical RV posts installed
- Multiple buildings remain that once provided the infrastructure for the campground
- Homes on tract 3 are subject to a rental agreement
- The Apple River is beautiful, fast flowing and clean.
- No buyer premium or internet fees
Area Info
Other
Coordinates
45.10958, -92.65845
The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.
COOPERATING BROKER COMPENSATION: Please contact Listing Agent/Broker for terms of cooperating Buyer Broker compensation. Terms of compensation, if any, shall be ascertained by cooperating brokers before beginning efforts to accept the offer of cooperation. Buyer’s Agents/Brokers must be identified, by Buyers and/or their Brokers/Agents, on the first contact with Listing Broker/Agents to receive compensation. Otherwise, compensation will be at the sole discretion of the Seller, Broker, and Whitetail Properties Real Estate, LLC.
Real Estate Commissions and Cooperating Broker Compensation, if any, are fully negotiable and is not fixed or controlled by law, by Whitetail Properties Real Estate, LLC (or any division/trade name/DBA of), or its Agents/Brokers.
