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6500 Getwell Rd, Hernando, MS 38632 (MLS# 4032027)

6500 Getwell Rd, Hernando, MS 38632

$2,625,000
Property Type: Land Bedrooms: 3 Square Footage: 1,849 Lot Size (sq. ft.): 59,023,800 Status: Closed
Current Price: $2,849,000 List Date: 1/17/2023 Last Modified: 11/04/2024

Overview

Description

Welcome to Coldwater Flats, a 1,355± acre sportsman's paradise that features 2 cabins and nearly 4 miles of Coldwater River frontage just 30 minutes south of Memphis and 1 hour from Oxford. This investment grade, legacy property boasts a whopping $76,163 annual CRP payment until 2030 (2.5% return on list price). The rustic cabins are 1,277 sq ft 2 bedroom/1.5 bath and 577 sq ft 1 bedroom/1 bath, both with covered storage areas and freshly painted exteriors. The duck hunting at Coldwater Flats is incredible with over 100 acres of natural sloughs and impoundments. Take the time to look through all the history pics to see for yourself. Abutting well-known Beartail Farms and Arkabutla Lake being close by, this puts Coldwater Flats on the 'X' for a large number of mallards year after year. The deer & turkey hunting is excellent with established food plots and several large bucks harvested over the years. The turkey population is very healthy with consistent sightings. Extensive land improvements include gated entrance, gravel interior roads, mulched trails, duck impoundment w/flash board riser pipe, railcar bridge, 800-lb steel gravity feeders, shooting houses, etc. All food plots have been disked and planted as of 10/24. For the investor, there is potential for additional income streams through carbon sequestration, CSP program, and hunting leases. There is also a significant amount of hardwood timber on the property that could be harvested in the future. With all the amenities of Hernando just 10 minutes away, Coldwater Flats is a true turn-key property that is ready for you to start making memories right away!

Listing Details MLS# 4032027

General Property Information

Approx Lot Size Acres
1355
Approx H/C SqFt
1849
SqFt Source
Appraiser
Expandable Area
No
List Price/Acre
2102.58
Divisible
No
Year Built
2002
Year Built Source
Other
Total Floors
2
Total Rooms
4
Bedrooms Total
3
Bathrooms Full
2
Bathrooms Half
Yes
Fireplace
No
School District
Desoto CO Dist
Home Warranty
No
Accessibility Features
No
Property Sub Type
Farm
New Construction
No
Additional H/C SqFt
0
Bathrooms Three Quarter
0
Fireplaces Total
0

Property Features

Current Use: Recreational Possible Use: Recreational Location: Rural Lot Features: Many Trees Covenants And Restrictions: None Sewer: Private Sewer Water Source: Well Listing Terms: Cash; Conventional Utilities: Electricity Connected Structure Type: Cabin Architectural Style: Ranch Levels: Two Interior Features: Open Floorplan Fireplace Features: Other Appliances: Refrigerator Walls - Interior: Wood Flooring: Wood Window Features: Vinyl Accessibility Features: Accessible Parking Cooling: Window Unit(s) Heating: Wall Furnace Foundation Details: Other Roof: Mixed Patio And Porch Features: Porch Driveway Features: Gravel Drive Parking Features: Driveway Home Warranty: Buyer's Warranty Water Heater: 40 Gallons or Less

Address and Location Information

Street Number Assigned?
Yes
Street Number
6500
Street Name
Getwell Rd
County
DeSoto
State
MS
Zip Code
38632
Parcel Number
Multiple
Subdivision
Metes And Bounds
Community Of
N/A

Listing Information

Property Sub Type
Farm
Listing Service
Full Service

Tax and Financial Information

Tax Annual Amount
2455
Tax Year
2021
Homestead Y/N
No
Additional Exemptions Y/N
No
Flood Insurance Required?
Subject to Survey
Leasehold Y/N
No
Association
No
Covenants Y/N
No
Legal Description
see deed

Status Change Info

Contract Date/Pending Date
2023-02-28
Closing Date
2023-04-17

More Information

Land Details

Irrigated
No

Workshop Features

Workshop
No

Waterfront Features

Waterfront
No

Showing Requirements

Showing
Appointment Required

Horse Amenities

Horse Amenities
No

Attic Features

Attic
No

Basement Features

Basement
No

Location

Rural
Yes

Remarks & Miscellaneous

Public Remarks
Welcome to Coldwater Flats, a 1,355± acre sportsman's paradise that features 2 cabins and nearly 4 miles of Coldwater River frontage just 30 minutes south of Memphis and 1 hour from Oxford. This investment grade, legacy property boasts a whopping $76,163 annual CRP payment until 2030 (2.5% return on list price). The rustic cabins are 1,277 sq ft 2 bedroom/1.5 bath and 577 sq ft 1 bedroom/1 bath, both with covered storage areas and freshly painted exteriors. The duck hunting at Coldwater Flats is incredible with over 100 acres of natural sloughs and impoundments. Take the time to look through all the history pics to see for yourself. Abutting well-known Beartail Farms and Arkabutla Lake being close by, this puts Coldwater Flats on the 'X' for a large number of mallards year after year. The deer & turkey hunting is excellent with established food plots and several large bucks harvested over the years. The turkey population is very healthy with consistent sightings. Extensive land improvements include gated entrance, gravel interior roads, mulched trails, duck impoundment w/flash board riser pipe, railcar bridge, 800-lb steel gravity feeders, shooting houses, etc. All food plots have been disked and planted as of 10/24. For the investor, there is potential for additional income streams through carbon sequestration, CSP program, and hunting leases. There is also a significant amount of hardwood timber on the property that could be harvested in the future. With all the amenities of Hernando just 10 minutes away, Coldwater Flats is a true turn-key property that is ready for you to start making memories right away!

Current Use

Recreational
Yes

Structure Type

Cabin
Yes

Possible Use

Recreational
Yes

Architectural Style

Ranch
Yes

Lot Features

Many Trees
Yes

Covenants And Restrictions

None
Yes

Levels

Two
Yes

Sewer

Private Sewer
Yes

Water Source

Well
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Interior Features

Open Floorplan
Yes

Utilities

Electricity Connected
Yes

Fireplace Features

Other
Yes

Appliances

Refrigerator
Yes

Walls - Interior

Wood
Yes

Flooring

Wood
Yes

Window Features

Vinyl
Yes

Accessibility Features

Accessible Parking
Yes

Cooling

Window Unit(s)
Yes

Heating

Wall Furnace
Yes

Foundation Details

Other
Yes

Exterior Construction/Siding

Wood Siding
Yes

Roof

Mixed
Yes

Patio And Porch Features

Porch
Yes

Driveway Features

Gravel Drive
Yes

Parking Features

Driveway
Yes

Home Warranty

Buyer's Warranty
Yes

Water Heater

40 Gallons or Less
Yes
Listing Office: Hopper Properties
Listing Agent: Paul Hopper
Last Updated: November - 04 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.