Georgia Property for Sale
GATEWOOD FARM
1080 ACRES FOR SALE
SUMTER COUNTY, GEORGIA
Gatewood
Farm is an income producing and recreational property located in the
heart of Southwest Georgia, an area well known for its high quality
agriculture and excellent hunting. This beautiful farm is
characterized by gently rolling crop fields, pristine woodlands, a
large lake and substantial frontage on the scenic Muckalee Creek. The
property has been in the same family for over 100 years and is now
offered for sale for $3,564,000 or $3300/acre.
Location:
The
property is located on the Muckalee Creek 8 miles south of the town of
Americus, Georgia. Americus is a lovely rural town with an abundance of
antebellum and Victorian homes. With a population of approximately
17,000 the town has excellent markets for farm products and supplies.
The property is 150 miles south of Atlanta and 30 miles north of Albany.
History:
The
original farm, approximately 600 acres, has been used as a working farm
and sporting property since the late 1800’s when it was owned by
Congressman Charles F. Crisp, Speaker of the United States House of
Representatives. A descendent, James Gatewood, purchased an additional
400 adjoining acres in the late 1980’s.
Improvements:
There are
four living quarter structures on the property. A hunting cabin is one
of the oldest structures in Sumter County and made of heart pine over
150 years old. The cabin was moved to the property in the 1980’s from
the nearby Concord Community. The cabin has a large double room on the
first floor with two fire places, along with a kitchen, dressing room,
and full bathroom. There are two upstairs bedrooms. All plumbing and
electrical supply was completely redone in the 1980’s and the exterior
was repainted in 2007. The other three structures are rental houses and
are currently being rented.
Soils
and Water Supply:
The farm
has excellent soils for agriculture and timber production. (A soils map
is available from Plantation Services) Water is provided to the
irrigation systems from the Muckalee Creek, a permanent stream forming
the western boundary of the property. The property has a written permit
to pump from the creek for irrigation purposes and this permit is
transferable to a new owner.
Land 1080 Acres: #Approx.
Acres
-
Irrigated cropland 310
-
Upland woodland 232
-
Lowland woodland 272
-
Pecans orchard 20
-
Lakes and ponds 40
-
Roads and other 6
Annual
Income
Total Estimated Annual
Income $117,680.00
-
The property is zoned
agricultural.
-
Property taxes 2007:
$5,308.83
-
Conservation easements:
None
Crisp Gatewood is a
licensed real estate agent. GA. Real Estate License #263433 and a part
owner of this property. The property is shown by appointment only.
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Contact:
Crisp Gatewood
229.888.2500
Plantation Services, Inc.
Albany,
Georgia
crispgatewood@bellsouth.net
Plantation Services specializes in the sale of
southeastern plantations and other special
properties. Offices are in Albany, Georgia and
Charleston, South Carolina.
www.plantationservicesinc.com
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