Tremendous opportunity to own 400 acres of vacant land with future development potential 1/4 mile to the City of Chelsea. Property consists of 110 acres tillable crop land, 105 acres of woods, a private 14 acre lake, 107 acres of muck ground, and 96 acres of wetland & meadow. There is potential to expand tillable acreage as the muck ground has not been farmed for a few years but has been in the past and is tiled and has pumps to assist in drainage. Mill Creek runs through the property which feeds the private lake. Four Mile Lake Chelsea State Game Area borders the property on the east. The woods has $116,670 value of timber ready to be harvested now, request timber appraisal from Broker. Farm rent is $75/acre on a year to year basis. The property is loaded with wildlife and has been managed to create sustainable habitat for decades. Species include whitetail deer, turkey, waterfowl, small game and a family of whitetail hawks. Lake has a stable population of all typical species of fish for southern Michigan.
Potential for 425 Agreement or annexation with the City of Chelsea for municipal sewer and water. Long term development property with future zoning planned for 4 residential units per acre. Property is located in the Township Sewer & Water District.
Farmstead on 10 acres area not included.
Close to Chelsea High School, 1/4 mile from downtown Chelsea. Minutes from I-94.
Additional acreage available on the west side of the property. A must see, outstanding 219.5 acre estate with custom built home at 13742 Dexter-Chelsea.