$2,795,836
1,299± Acres
New Listing
Calhoun County, Florida

Lynniam Place

ID: 40519
Status: New Listing
Price: $2,795,836
Acres: 1,299±
Price Per Acre: $2,152
Type: Hunting Land, Recreational Land, Undeveloped Land, Timberland
City, State: Blountstown, Florida
County: Calhoun
ZIP Code: 32424

Description

A recreational and working lands property, Lynniam Place is approximately 1,299 +/- total acres in Calhoun County, Florida. This is an all around strategic property.  There are multiple asset classes in this one property. It is located just 2 miles to shopping and restaurants in Blountstown, Florida and just one hour to shopping and restaurants in Tallahassee, Florida. At $2,200 per acre in Florida and with this this proximity to these regional hubs, it's hard to go wrong.

The property fits our description of Florida "Working Lands" which means it's priced right for wealth accumulation "over and above" Florida's appreciation cycles as it grows a needed commodity, timber.

"Much of the timber is planted on fertile farmland. This, combined with conceptual plans for 61 lots across three ranchette communities, makes this one of the sexiest timberland plays we have seen in a long time." - Jon Kohler

There is no current conservation easement so the development potential can still be monetized. There is significant road frontage. The landowner has platted future home sites; 61 ranchettes in 3 ranchette subdivisions. One is currently approved and the other two should be complete shortly. Having the property already platted, enhances the conservation easement value significantly, adding to ROI potential with significant income tax savings. The platted lots do not impact the option for Ag exemption, but do increase the number of options available to manage the property over time. One hundred percent of this tract is in an opportunity zone, meaning another option for increasing future ROI. A good portion of it is USDA grade farmland of which the row crops have recently been converted into pine timber by the current owner.

The three tracts are the 1,000 acre “Durham Woods, the 230-acre “Creek Ridge," and the 69.06 acre “Timber Hill."

  • The draft conceptual plan for the 1,000-acre “Durham Woods” ranchette community consists of approximately 42 ranchettes ranging from 10-247 acres.

    • A good portion of it is USDA grade farmland, of which the row crops have recently been converted into pine timber by the current owner. This tract was damaged by Hurricane Michael but has been cleaned up and replanted.
    • There is significant road frontage.

  • The draft conceptual plan for the 230-acre “Creek Ridge” ranchette community consists of approximately 6 ranchettes ranging from 10-12.10 acres with one being approx. 178.58 acres.

    • One half mile of road frontage.

  • The 69.06-acre "Timber Hill" ranchette community platted for 13 ranchettes ranging from 5-7.34 acres.

    • Rolling topography and frontage on Hwy 73A.  It was planted in 2022 and the lots are “high and dry.”

While putting in play the multiple options for future returns, this investment and working lands property can offer you and your family outdoor fun immediately. The deer and turkey hunting are very good as the tracts are surrounded by like-minded landowners with agriculture and timber. These tracts are very close to shopping and restaurants in Blountstown, Florida and approximately one hour to shopping and restaurants in Tallahassee, Florida. It is extremely convenient to regional hubs like Dothan, Alabama, Panama City, Florida and Marianna, Florida.

This opportunity is essentially “five asset classes in one.”

  1.  A recreational property
  2. A timber property
  3. A “higher and better use” property with three ranchette communities. The first subdivision has already been platted / submitted to the County for approval. The other 2 should occur shortly.
  4. A conservation easement play. Given the preplanned ranchette communities, this property will appraise well from a development perspective. The development value here is well situated to be monetized through a donation conservation easement providing immediate income tax savings - cutting taxable income by half and spread out up to 16 years.
  5. A Social Storm Property ™ the type of property one would want to own in either bad times or good. It has vast natural resources and multiple income streams. It’s perhaps the perfect hedge.

***For tract draft conceptual development maps, please visit the documents section of this website. 

Featured Photos

Additional Information

wildlife

  • small game
  • turkey
  • whitetail deer

recreation

  • atv trails
  • bird watching
  • equestrian trails
  • hunting

Ask Jon About This Property

Nearby Properties Around Calhoun County

Creek Ridge
New Listing
Calhoun County, FL
Creek Ridge is 230 +/- acres in Calhoun County, Fla. There are multiple asset classes in this one property. Located just west of Blountstown, Florida, the property is approximately one hour from Tallahassee, Florida, Dothan, Alabama, and Panama City,...
230± Acres
|
$385,066
New Listing
Calhoun County, FL
A Super-Charged Timberland Investment!Durham Woods is approximately 1,000 +/- total acres in Calhoun County, Florida. There are multiple asset classes in this one property. At $2,100 per acre in Florida and only one hour from Tallahassee, it's hard t...
1,000± Acres
|
$2,100,000
Timber Hill
New Listing
Calhoun County, FL
Timber Hill is approximately 69.06 +/- total acres in Calhoun County, Florida. It is a non-contiguous parcel of another large listing and being offered separately. There are multiple uses of this property from subdivision to timber and recreation.It ...
69.06± Acres
|
$310,770