0 Wadesville Rd Unit VACL112040 Russell, VA 22611

Income producing, turnkey equestrian event facility including three arenas, a show office and ample parking for attendees. One perc'd homesite (3br with possibility of larger), two additional homesites, beautiful views, privacy and more. 3 arenas with all weather footing, beautiful show office, all equipment to manage and run the events conveys. 2021 Show schedule has been submitted for date approval. Build your dream home, dream farm or dream equestrian facility. Over 70 acres of beautiful land conveniently located in the Shenandoah Valley including over 40 acres of tillable land and approximately 10 acres of managed timber land plus an established equestrian event facility. There are three total dwelling rights, one perc certified home site and income producing equestrian event facility with potential for expansion. This historic property, owned by the Locke family since 1774, is home to the oldest horse show series in Clarke County, Virginia. Build the home of your dreams in the serenity of the country while still being an easy driving distance to major cities and airports in the DC Metro area. This property is a turn-key equestrian event facility that can be further expanded or enjoy your new home and lease the event facility portion. The event facility and the home site have separate entrances making it is easy maintain your privacy. As you tour the property, imagine the challenging Mount Trail Course or Cross-Country Course you can create on the cleared land adjacent to the show rings. Build the equestrian business of your dreams by adding your own barn and indoor arena. Or enjoy your horses from the front porch of your new custom-built home, plan your dream hobby farm in the ?back 40? of this property. The potential of this home site is endless. Ag Preservation funds may be available (buyer to confirm and apply), property is currently assessed as agricultural use for tax purposes. Partial owner financing is available. Income Producing Property Turnkey event facility netted over $20,000 in 2020 with limited event schedule, run events or lease out. 45 acres of cleared land, most tillable, cut your own hay or lease to local crop farmers. Approx. 10 acres of managed timber - approx. $20,000 income last time harvested, can be cut again in about 7 years. Wildlife abounds, deer, turkeys and more, lease hunting rights. May qualify for Ag. Preservation funds. Ample potential to expand the event facility. Currently assessed in Ag use, taxes are under $200 a year. Own a Piece of History Locke Meadow has been continuously owned by the Locke family since 1774. This property is enriched with history and charm. Explore the rolling hills, wooded paths and enjoy amazing views as you stroll through these 70.6 acres. There are well preserved family records and photos dating back to the mid and late 1800s and some of these precious documents will be passed to the new owners. As you stroll through the paths and trails on this land, you can imagine the first settlers to come to this property, it has been cherished by the same family and this is your chance to now own a true piece of historic land. Treasures like civil war era bullets and even a belt buckle have been found with metal detectors on the property. Wildlife is abundant here, it?s not unusual to see turkey and deer strolling through the woods that border the open pastures here. Boarding for your personal horses is available at the neighboring farm.