111 Acres in Summersville, KY - $1,100,000
111 acre majestic tree farm located in Summersville, KY off of Highway 566. Primarily planted for black walnut timber, this gorgeous property features over 60 acres of maturing groves in farmable ground. The original black walnut grove covering 14.1 acres was planted in 1987, a second grove covering 15.9 acres was planted in 1989, and shortly after in 1990, 30 additional acres were planted with black walnut trees. In 2007, a mixed grove of black walnut, cherry, white oak, and poplar trees were planted. After 5 thinnings, there is an estimated 4,500 trees in stand for final growth. The groves have established clover ground cover to provide nitrogen carryover - the three varieties of clover (crimson red clover, ladino clover, and kenland red clover) create 150-200 lbs of nitrogen per acre. In addition to the tree groves, the property features creek frontage, a gravel road to groves, a two ...
111 acre majestic tree farm located in Summersville, KY off of Highway 566. Primarily planted for black walnut timber, this gorgeous property features over 60 acres of maturing groves in farmable ground. The original black walnut grove covering 14.1 acres was planted in 1987, a second grove covering 15.9 acres was planted in 1989, and shortly after in 1990, 30 additional acres were planted with black walnut trees. In 2007, a mixed grove of black walnut, cherry, white oak, and poplar trees were planted. After 5 thinnings, there is an estimated 4,500 trees in stand for final growth. The groves have established clover ground cover to provide nitrogen carryover - the three varieties of clover (crimson red clover, ladino clover, and kenland red clover) create 150-200 lbs of nitrogen per acre. In addition to the tree groves, the property features creek frontage, a gravel road to groves, a two inch water line to the middle of the farm, underground electrical service to middle of farm, and additional wooded acreage. A CREP contract is in effect until 2029 and pays $1,000/year. Property offered separately but could be a great addition to the other available properties at 300 Academy Street (stunning historic estate) or 201 W. Hodgenville Avenue (commercial building- current owner uses for farm equipment storage) . Pre-approval or proof of funds necessary prior to scheduling showings- please give listing agents 48 hours notice to show.
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