Incredibly Valued Equestrian Paradise in East Tallahassee
Tallahassee, Leon County, Florida
*** Great investment opportunity with a motivated Seller, so bring an offer!
The asking price for this 20-acre equestrian and recreational farm property estate has been reduced to match a recent appraisal from a highly respected appraiser in the region. Tremendous value opportunity with highly desired location in northeast Tallahassee’s beautiful and scenic plantation belt containing thousands of acres of conservation lands that cannot be commercially developed, while being in close proximity to east Tallahassee’s shopping and retail areas.
Seller has independently broken down the $1,040,000 asking price as follows:
(a) the 2,713 square foot home with an additional 850 square feet of porches and the surrounding 1-acre fully-improved area (see description, pictures and video below) are valued at $175 per square foot for this very well-built and well-maintained home with no deferred maintenance issues;
(b) $90,000 for the permanent farm-related improvements including the 8-stall barn, 5 horse paddocks, 4-stall equipment shed, tool shed, chicken coop and RV parking and hookup; and
(c) the fully-improved remaining 19 acres (excluding the 1-acre homesite) with rolling hills, beautiful live oaks, exterior fencing with electric gate, and the 5-acre riding field, are all valued by the Seller at $25,000 per acre, an incredible investment value for this premium acreage.
*** Please note, the Seller is also willing to negotiate a credit for a portion of the cost of certain upgrades to existing amenities in the home to be determined based on Buyer preference.