16443 Princeton Road , Cerulean, KY 42215(Christian County)

Family Farm available for the first time in almost 100 years. This incredible 130 acre tract is comprised of 83 acres of crop land, (leased at $150.00/ acre), and 47 acres of Timber with a select cut value of $60,000 and a clear cut value of $120,000.00. The Hunting rights to the farm have been leased out for the past 20 years with record whitetail harvested. Also, the farm has 4 ponds, 1 spring, and 1 well with approximately 800 feet of Hwy frontage on KY 91, (connecting Hopkinsville & Princeton KY), and to the rear 1600 feet of frontage on Wallace Park Road, which leads to popular Pennyrile Forest State Resort Park; (which has lodge rooms, cottages, restaurant, campground, golf course, a Lake, and miles of Horse riding and equestrian trails). There is also a 4 inch water line that fronts the property on both Hwy 91 and Wallace Park Rd. This Farm had been in the USDA Farm set aside program until 2013; so the ground is rich and fertile. Kentucky has recently legalized industrial Hemp production, with farmers granted allotments for qualifying soils. This could be an incredible opportunity, with Hemp production for CBD oil at $5000.00/ acre. Also, there is a large Industrial Hemp Processing facility in Cadiz, KY about 13 miles away. Located less than 20 miles from I-24/I-69, WK Parkway, and Pennyrile Parkway, this farm is all about Location! Location! Location! With great sunset views and star field skiesthis is an incredible property for any investor, farm operator, Home builder, Hunter, or Equestrian. This farm is being sold to settle an Estate.