$8,511,475
2,861± Acres
Under Contract
Wakulla County, Florida

Old Magnolia West

ID: 48480
Status: Under Contract
Price: $8,511,475
Acres: 2,861±
Price Per Acre: $2,975
Type: Hunting Land, Recreational Land, Undeveloped Land, Timberland, Horse Property
Address: 4726 BLOXHAM CUTOFF RD
City, State: Crawfordville, Florida
County: Wakulla
ZIP Code: 32327

Description

At 2,861+/- acres in Wakulla County, this property is one of the last large privately held properties with “HBU” potential in the region. The property has been strategically planned for timber, recreation and “higher and better use.” It is arguably impossible to find another large investment-grade property as strategically planned and entitled as this one.

It is renowned in the region as the former log cabin office of St. Joe and a key holding in the region with two+ miles of HWY frontage on 267 and three miles on Old Plank Road, just off Coastal Highway 98. The northern boundaries are planned PUD’s with sewer and water. Of the 2,861 acres, this property has 1,621 +/- acres fully platted and entitled lots, Turkey Ridge Farms, which contains 33 lots ranging from 23 acres to 100 acres each. The landowner is consistently selling 20-acre lots across the highway for $8,000 to $8,500 per acre. This development value could very well be monetized today with a conservation easement.

Blue Sink is on the property, which connects directly to Wakulla Springs, the largest spring in the world. The deer and turkey hunting is exceptional. Lodging is generous on this large property with a log cabin, the former St. Joe office, and barn on the southwestern corner off Hwy 98 as well as another hunting camp and barns on the eastern side of Old Plank Road.

The property is heavily stocked with genetically improved timber for cash flow and the hunting and recreation are exceptional. Located just 25 minutes from Tallahassee and its international airport with the Gulf of Mexico just a ten-minute drive, Old Magnolia West is a year-round recreational get away. 

“Recreationally, from a deer and turkey perspective, it’s about as good as it gets in Florida outside of a high-fence. From an investment perspective, the property is preplanned for “higher and better use” with 1,621+ acres already fully platted. From a cash flow perspective, it offers many revenue avenues: timber revenues, existing residential lots could be sold or expanded, or a conservation easement could be sold or donated to harvest its exceptional “higher and better use” potential.” - Jon Kohler

*** An additional 1,803 acres Featuring 4.5 Miles of Deep-Water River Frontage on the St. Marks River, Gulf access and a 2nd Magnitude Spring are also Available!

Additional Information

wildlife

  • Small Game
  • Turkey
  • Whitetail Deer

recreation

  • ATV Trails
  • Bird Watching
  • Equestrian Trails
  • Hiking Trails
  • Hunting

improvements

  • Barn
  • Cabin
  • Fencing

Ask Jon About This Property

Nearby Properties Around Wakulla County

Under Contract
Monterey County, CA
Imagine 8,811 acres of coastal range land, custom 4-bedroom home, additional 1 bedroom home, barn, horse pens, creek and fully functional cattle operation, with the highest peak on the Santa Lucia Mt. Range, overlooking the Salinas Valley, Carmel Val...
8,811± Acres
|
$17,700,000
Jackson County, OR
Situated on 27.25-acres of second growth, this gem offers natural beauty, privacy and only 20 minutes to the historic town of Jacksonville. Views wildlife and privacy on this lot that once had septic approval. Build your dream home, enjoy hiking, hun...
27.25± Acres
|
$175,000
Under Contract
Butte County, CA
On the market for the first time since 1943, the 537.6-acre Grizzly Lodge embraces the modern-day gold rush of being able to spend leisure time in a secluded outdoor recreational haven away from the stresses and strains of the modern world. Amid the ...
537.6± Acres
|
$4,995,000

More Properties from Jon Kohler

New Listing
Decatur County, GA
Southlands’ 5,653 acres is one of the South’s “A” ranked High-Quality Recreational Properties. It has been under quality management going back 87 years. Its history is impeccable. Today, it’s regarded as one of the few p...
5,653± Acres
|
$42,500,000
New Listing
St. Clair County, AL
In the heart of Alabama, nestled just 35 miles from Birmingham, lies a land people can only dream of. This is Triple Creek - a plantation that stands as a true testament to the timeless allure of the Southern sporting tradition. Spanning 3,650 acres ...
3,650± Acres
|
$17,800,000
New Listing
Leon County, FL
Solitude stands as the southernmost portion of Lake Miccosukee. It has been in wild quail management since the inception of this asset class. Solitude’s location is a “who’s who” of the most noted recreational properties in Fl...
613± Acres
|
$9,950,000