53.101776,-107.804535
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Rabbit Lake 1,922 acres Deeded and 160 acres Crown Lease Mixed Farm

Rabbit Lake 1,922 acres Deeded and 160 acres Crown Lease Mixed Farm
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3715000.00

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Enterprise: 
Grain
Hay (arable)
Pasture
Rural Municipality:
RM 467 Round Hill
Price (P):
3715000.00
Farmland:
3433850
Improvements:
281150
Title Acres: (ISC)
2081.7
Cultivated Acres:
523
Soil Final Rating:
47.8
$/Titled Acre:
1784.6
P/AV Multiple:
2
Closest Town:
Rabbit Lake
Listing Brokerage:
Hammond Realty
AG Listing ID:
MLS #:
SK965531
Avg. AV/Qtr:
131978

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Learn Soil Details

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Learn House Details

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DESCRIPTION

This property is a rare opportunity to own a diverse farm in Saskatchewan. The deeded land consists of 12 parcels with a total of 1,921.7 title acres, as per ISC. The land has a mix of cultivated,
hay/grass, native pasture and wetland/bush acres, as per SAMA. The total assessed value of the land is $1,641,500, with an average assessment per 160 acres of $136,675. The soil final rating is
47.8 (weighted average), five (5) quarters are G soil, seven (7) quarters are H soil, and one (1) quarter is J soil, indicating good quality and productivity.


The property also includes one quarter of Crown Lease land (NW 34-47-13 W3), which adds another 160 acres of pastureland to the farm.


The residence is a bungalow built in 1975, with 5 bedrooms and 2 bathrooms. It has a full, partially finished basement and a wood stove for extra warmth. The roof is asphalt shingles, and the exterior finish is siding. The heating system is forced air (energy efficient) with propane fuel. There are two yard
lights for security and convenience.


The farm has two metal bins for grain storage: one 1800 hopper and one 60T fertilizer bin. There is also a shop with a dirt floor, 110 V and 220 V power, metal clad steel posts foundation, wood frame,
insulation, lining, and radiant propane heat. The shop measures 40x60 feet and is ideal for storing and repairing equipment.


The land is fenced with barbed wire, both perimeter fence and cross fencing. The fencing is in good condition and suitable for livestock grazing. The farm currently supports 240 cow calf pairs, which are optional for purchase. Equipment is also optional.


The asking price for this property is $3,715,000. This is a great chance to acquire a farm with a variety of land types, a residence, and outbuildings. Contact us today to arrange a viewing or for
more information.


Farmland & Price Summary
13 Parcels
2,082 Title Acres (ISC)
1,164 Cultivated Acres (Seller, including some recent breaking)


SAMA Information
2,080 Total Acres
523 Cultivated Acres
326 Hay/Grass Acres
1,118 Native Pasture Acres
112 Wetland/Bush Acres
$1,715,900 Total Assessed Value
$131,978 Average Assessment per 160 Acres
47.8 Soil Final Rating (Weighted Average)


Pricing Breakdown:
$3,433,850 Farmland Price
$1,650 per Total acre (ISC)
2.00 times the 2021 Assessed Value
$281,150 Buildings and Improvements


$3,715,000 Total Price


Owner' Breakdown:
2,080 Total Acres (1922 acres deeded) and (160 acres Crown Lease)
$25,000 Crown Lease (160 acres)
$2,760,125 Broke Acres that can be cultivated ($2,371.24 x 1,164 acres)
$673,725 Native Pasture or Other Acres ($975 x 691 acres)
$250,000 Yard, House, Shop, Well, Utilities
$21,150 Corrals
$10,000 Grain Bins


Note:
Assessments will increase on several quarters because of brushing and breaking that has been done recently.

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