A recent reduction from $166,000 to $157,500 has made this already terrific buy on The AuSable River's Holy Water section into a true steal. When most buyers begin their search for riverfront, they don't consider shared access and I can completely understand. This development, however, is truly unique. Developed in 2002, this spectacular 46 acre tract was held by the same family since 1934 and was operated as a rental operation for fly anglers looking to enjoy The AuSable River and it's remarkable fishing. The buyer was a gentleman who spent a lot of time renting one of the cabins on the site, but did not have a need for the entire 46 acres and the 5 cabins that were on the property at that time. We helped him develop the parcel into just 11 private parcels in addition to a 5 acre "preserve" that encompassed the heart of the property, a wonderful trout pond that requires no stocking and a classic AuSable Riverboat house (which was recently converted into a screened river house for the residents). Each property gains deeded ownership of their individual tract and a 1/12 undivided interest in the 5 acre preserve with over 700' of river frontage. Because a n
Wednesday, January 7, 2009
Amazing Deal on AuSable Log Cabin
A recent reduction from $166,000 to $157,500 has made this already terrific buy on The AuSable River's Holy Water section into a true steal. When most buyers begin their search for riverfront, they don't consider shared access and I can completely understand. This development, however, is truly unique. Developed in 2002, this spectacular 46 acre tract was held by the same family since 1934 and was operated as a rental operation for fly anglers looking to enjoy The AuSable River and it's remarkable fishing. The buyer was a gentleman who spent a lot of time renting one of the cabins on the site, but did not have a need for the entire 46 acres and the 5 cabins that were on the property at that time. We helped him develop the parcel into just 11 private parcels in addition to a 5 acre "preserve" that encompassed the heart of the property, a wonderful trout pond that requires no stocking and a classic AuSable Riverboat house (which was recently converted into a screened river house for the residents). Each property gains deeded ownership of their individual tract and a 1/12 undivided interest in the 5 acre preserve with over 700' of river frontage. Because a n
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