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$1,500,000

Beautiful Income Producing 9.2 acre lake front ranch

Umatilla, Lake County , Florida

10.00
ACRES
5
BEDROOMS
5
BATH
4000
SQ FT
uncovered arena • fenced • second house • lake • pond • 2 barns with 10 stalls • 4 Run-in stalls

Property description

This is ten acres on Lake Yale, a 4000 acre Lake. This is a clean lake. This is a beautiful place.
INCOME PRODUCING: Sale by owner.
Two barns: two tack rooms, six stalls and four run-in stalls. I rent the four run-in stalls for $250 each and the owners do all work. That is $1000 per month at no cost or labor to me.
I rent a bunk house in the small barn for $650 and split the electricity.
I rent the guest house for $1200
There is a RV space at $650 and split the electricity.
I rent a room in the main house at $150 per week.
I am waiting for a permit to install photo electric which will cover the electric for the main and guest house.
You can grow hemp at $25,000 on each of three seasons with the hang in the big barn.
You can set up a wedding venue here at $10,000 per small wedding. Big wedding brings in more but requires more labor.

Arena


Details

Home Features

  • Three to four thousand in property income covers $600,000 to $800,000 note.
  • Everywhere you look is a view.
  • Air conditioning
  • five ceiling fans
  • Beautiful Italian style kitchen
  • I would like to close on this property on March 1, 2022.

Lot Features

  • three pastures, which is fine for four horses. More horses will eventually make land care costly.
  • about 250 feet on the lake, dock
  • pond,
  • large vegetation,
  • many trimmed trees.

Horse Facility Features

  • electric fence. two tack rooms, air conditioning in the tack room, feed room, rubber stall floors, water in stalls, windows in stalls, fans. Jumps for the horses

Distances

  • 4 miles to schools
  • 8 miles to airports
  • 6 miles to hospitals
  • 5 miles to shopping
  • 4 miles to trails


Information deemed reliable, but not guaranteed. Buyer to verify all information


Location

14120 Lake Yale Rd, Umatilla, Lake County, Florida


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