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Approx 45 surveyed ac located in a country rural at the end of the private secluded dead end road of the hills in KY. Income producing property oil. There are two oil wells producing an income from $18,000 to $20,000 a year (from 13 to 15 barrels a month). Seller sells to the highest oil company bidder. There is natural gas piped up to the old home site that can be used and will transfer to the buyer at closing. At the site a functional water well, electric meter & lines, telephone lines and a septic system has been installed. No restrictions. Loads of wildlife. Approx 5 ac of open clear fields and a mixture of terrain from level, rolling & slopping with bluff sites. Marketable timber and a lot of level woods for clearing. Year around creek and springs. Several trails throughout the property for 4 wheeling, hiking or horseback trailing. Approx 3 miles from a marina on Dale...
Approx 45 surveyed ac located in a country rural at the end of the private secluded dead end road of the hills in KY. Income producing property oil. There are two oil wells producing an income from $18,000 to $20,000 a year (from 13 to 15 barrels a month). Seller sells to the highest oil company bidder. There is natural gas piped up to the old home site that can be used and will transfer to the buyer at closing. At the site a functional water well, electric meter & lines, telephone lines and a septic system has been installed. No restrictions. Loads of wildlife. Approx 5 ac of open clear fields and a mixture of terrain from level, rolling & slopping with bluff sites. Marketable timber and a lot of level woods for clearing. Year around creek and springs. Several trails throughout the property for 4 wheeling, hiking or horseback trailing. Approx 3 miles from a marina on Dale Hollow Lake and approx. 6 miles from the famous Dale Hollow Horse Trails in TN. Ideal property for an income (drill more oil wells), recreational, hunting, build that dream home or that vacation property. The seller will sell the land with the natural gas rights and timber rights for $139,900.00 - no oil rights or income will be included.
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