The house with 191 acres is available as CODY RIVER ESTATE
Nestled on the bank of the North Platte River just outside of North Platte is one of the most exquisite, scenic, and luxurious properties to be had in Central Nebraska. This 294 acre ranch was once part of Buffalo Bill's famed Scout's Rest Ranch, and is located adjacent to what is now owned by the Nebraska Game and Parks. It is 5 minutes from downtown North Platte, and 10 minutes from the municipal airport.
Agriculturally, this Ranch typically supports 100 cow/calf pairs during summer grazing. A typical corn harvest on the pivot- irrigated farm ground is 180 bushels, and the dryland yield is 45-90 bushels depending on rainfall. The property enjoys 202.08 acres of Cody/Dillon ditch rights for irrigation.
The heart of the property is a 3,311 sq ft, all brick, steel-framed home. The home sits on a natural geographic rise on the propert...
The heart of the property is a 3,311 sq ft, all brick, steel-framed home. The home sits on a natural geographic rise on the property, providing panoramic views of the river and beyond. The Sun Room is an addition that was built with wood framing and in-floor hot water heating. Only the finest in workmanship, materials, and fixtures were used in construction of this home. Custom tilework, cabinetry, built-in's, and trimming are testament to the attention to detail and quality that was the focus in construction. Beautiful scenery and teeming wildlife are visible from any window.
While located a stone's throw from the water's edge, the house is not considered to be in the flood plain. In addition to an attached garage, there is another detached garage and a 40 x 80 outbuilding.
The natural beauty of this location cannot be overstated. The property is a wonderland of migrating waterfowl and Sandhill cranes, deer, wild turkey, pheasant, and bald eagles. While close to the convenience of North Platte, the property offers a secluded location for recreation and enjoyment of the great outdoors. Hunting, fishing, swimming, canoeing, kayaking, and hiking exist right out the back door. This is a once in a lifetime opportunity not only to invest in a historic, income-producing Ranch, but to live on one of the most beautiful home sites in the State of Nebraska.
Income Potential
Estimated Cash Lease Income95.78 Pivot Irrigated Acres @ $225/Acre $21,55040 Cow/Calf Pairs @ $85.00 per pair per month for 5 months of grazing $17,000TOTAL Gross Income $38,550.00
Less Pivot Maintenance (2,000.00)Less Real Estate Taxes (11,849.00)Less Insurance (1500.00)TOTAL Net Income $23,201.00