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Rhona Lake RM 400 - 156 Acres Arable Farmland

Rhona Lake RM 400 - 156 Acres Arable Farmland

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$690,000

For sale

Enterprise

Grain

Rural Municipality

RM 400 Three Lakes

Price (P)

$690,000

Farmland

$690,000

Improvements

0

Title Acres (ISC)

155.6

Cultivated Acres

132

Soil Final Rating

56.22

$/Titled Acre

$4,434.45

P/AV Multiple

2.47

Closest Town

Yellow Creek

Listing Brokerage

Hammond Realty

AG Listing ID

MLS #

SK050427

Avg. AV/Qtr

$286,462

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DESCRIPTION

Rhona Lake RM 400 - 156 Acres Arable Farmland

 

One very open and productive quarter section of farmland adjacent to the southeast edge of Rhona Lake, just south of Yellow Creek in the Rural Municipality of Three Lakes #400.

Owners currently farm 130 acres, with potential to clear an additional 15 acres in the northwest corner for cultivation, bringing the total potentially arable area to 145 acres.

This is productive land mapped as Oxbow and Whitewood soil associations, loam texture, Weighted Final Rating of 56.2 points per cultivated acre.

 

156 total acres

132 cultivated acres (per SAMA)

130 cultivated acres (per owners)

$279,300 total 2026 assessed value (AV)

56.2 soil final rating (weighted average)

Asking Price $690,000

$5,227 per cultivated acre

2.47 times the 2026 assessed value

 


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