Gorgeous one of a kind 316+ acre farm close to town! Land and Buildings in good shape. Peninsula Farm is perfect for training/breeding/racing! In fact, it boasts a 5/8 mile track that is known to be one of the finest in Marion County! Peninsula Farm has raised and trained iconic horses like Kentucky Derby winner Silver Charm along with the highest priced race horse ever sold in auction. This 9 parcel farm has 14 barns/223 stalls/breeding shed and a covered arena with a viewing deck! 90 paddocks and is a fully rented income producing facility. Many of the structures have new metal roofs. There are 3 residences, perfect for caretakers and trainers or even as a winter show season rental/s. The farm is fully fenced and more importantly sits high and dry on a scenic hillside located conveniently on Highway 441! Just two short miles from the newly opened Iron Lake Country Club (formerly Adena); and only 12 miles to WEC and 15 to HITS!!! Here is a great development opportunity also a useful farm with rental income and cash flow history!
Gorgeous one of a kind 316+ acre farm close to town! Land and Buildings in good shape. Peninsula Farm is perfect for training/breeding/racing! In fact, it boasts a 5/8 mile track that is known to be one of the finest in Marion County! Peninsula Farm has raised and trained iconic horses like Kentucky Derby winner Silver Charm along with the highest priced race horse ever sold in auction. This 9 parcel farm has 14 barns/223 stalls/breeding shed and a covered arena with a viewing deck! 90 paddocks and is a fully rented income producing facility. Many of the structures have new metal roofs. There are 3 residences, perfect for caretakers and trainers or even as a winter show season rental/s. The farm is fully fenced and more importantly sits high and dry on a scenic hillside located conveniently on Highway 441! Just two short miles from the newly opened Iron Lake Country Club (formerly Adena); and only 12 miles to WEC and 15 to HITS!!! Here is a great development opportunity also a useful farm with rental income and cash flow history!
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Other
Flooring: Other
Living Area: 7227.00
Other Structures: Barn(s), Other, Storage
Roof: Shingle
School Information
High School: North Marion High School
Middle School: North Marion Middle School
School Elementary: Fessenden Elementary School
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Eco-Communities
Water Source: Well
Utilities
Carport Spaces: 2.00
Cooling: Central Air, Other, Wall/Window Unit(s)
Heating: Central, Other
Sewer: Septic Tank
Utilities: Cable Available, Electricity Connected, Water Available, Water Connected
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2025
Other Features
Appliances: Other
Country: US
Furnished: Negotiable
Interior Features: Other
Legal Description: SEC 36 TWP 13 RGE 21 COM NE COR W 330 FT N 01-11-37 E 200 FT W 1004.75 FT S 01-05-51 W 200 FT W 1335 FT TO NW COR OF NE 1/4 OF SEC 36 S 1031 FT S 89-45-49 E 1757.84 FT N 01-14-04 E 951 FT S 89-45-49 E 910 FT E 1112 FT N 01-15-34 E 80 FT W 1115 FT TO POB OR 0998/1725 & SEC 36 COM @ SW COR N 2640 FT E 1461.87 FT N 456.14 FT E 1200 FT N 1123.76 FT FOR POB E 1757.90 FT S 993.07 FT W 1752.98 FT N 992.99 FT TO POB
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