239 ac - Ashley Co AR Farm Land for Sale on Lake Enterprise - CR 36

239 ac - Ashley Co AR Farm Land for Sale on Lake Enterprise - CR 36

Wilmot, AR

  • Price: $693,100
  • Acres: 239
  • County/Parish: Ashley
  • Agent: Pat Porter
  • Phone: 318.366.0381
Get Directions
Location: From Hwy 165 in Wilmot, cross the RR tracks and take Cemetery road (CR 36) approx. 1.5 miles to the SE corner of the tract. Look for orange flagging and a survey post. The tract will be on the right side of road for approx. 0.5 miles to a gravel county road that is the west boundary.
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Property Description

239 +/- ac farm, hunting, and lake frontage in Ashley Co, AR

This farm is located along Lake Enterprise in Wilmot, AR. It will provide the new owner with approx. 60 acres of tillable ground with mostly Rilla silt loam soils. The remaining acres are in a hardwood block and the wooded bank of Lake Enterprise.

The crop land does not have a well. It has been irrigated with a neighbor’s submersible near the east boundary line. This option may be available for a new owner. An electric well could be placed on east side near existing power. The ground row falls naturally toward the south and could likely be irrigated with little to no additional dirt work.

The hardwoods will provide deer and small game hunting. They consist of mixed bottomland varieties in pulpwood size with some scattered logs. There is about 1.5 miles frontage along the lake with many locations suitable for a camp or nice home. This cypress tree lined oxbow lake is an AR Game & Fish Commission lake and will offer excellent fishing.

The tract has excellent access with a blacktop county road on the south and a gravel county road on the west. It is situated approx. 1.5 miles west of Hwy 165 at Wilmot.

The farm is currently leased for 2021. The farmer will have the option of continuing through 2021 crop season at the current lease rate he’s under with current owner or giving up the lease for the new owner. Lease income will be negotiated between seller and buyer depending on when sale occurs.

Utilities: Electricity and water are available along the county roads on the south and west boundaries.

Minerals: Seller reserves 50%.

Location: From Hwy 165 in Wilmot, cross the RR tracks and take Cemetery road (CR 36) approx. 1.5 miles to the SE corner of the tract. Look for orange flagging and a survey post. The tract will be on the right side of road for approx. 0.5 miles to a gravel county road that is the west boundary.

Access: CR 36

Legal Description: Situated in several sections in T 19 S, R 5 W, Ashley Co, AR. A current survey has been done.

Price: $693,100

NOTE: Buyer’s Agents please see the RecLand site for information regarding commission.

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Call Pat Porter @ 318.366.0381

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