Asking Price: $2,295,000
Location: Madison County, FL and Lowndes County, GA
Category: Hunting and Fishing, Timberland
Improvements: 2 houses with power, well, septic, 2 storage buildings, barn, 2 wells, stocked fishing pond, dock and boathouse, gated entry with automatic opener Key Features: Multiple clear springs, Elevation change, 1.3 miles Withlacoochee Frontage, premium timber value, great road system, majority uplands Property Breakdown: 83% uplands planted in Merchantable Pine timber, balance in natural bottomlands and sloughs that feed into the river containing both hardwoods and pines
Tax: Lowndes County, GA - $2,394.01 in 2018 Madison County, FL - $405.60 AG Exempt: Yes
“This property is a sanctuary for nature, preserved by its current owner for natural beauty, recreation and enjoyment. Withlacoochee Springs is a turn-key, pristine recreational property with un-equaled value and opportunity in north Florida or South Georgia and we are excited to find the next steward of this beautiful place.”
Hunter Brant, Selling Broker
Over 1.3 miles of frontage on the Withlacoochee River and $1,030 per acre in timber value (per the 2019 valuation) make this a best in class recreational property. This property contains one of the most extensive lists of distinguishing characteristics that could fit onto 665 acres.
Located where Brooks, Madison and Lowndes counties converge along the beautiful Withlacoochee River, Millner Timberlands is a sanctuary for nature, preserved by its current owner for natural beauty, recreation and enjoyment. This property has not been hunted since 2004 nor has any timber been harvested. This section of the Withlacoochee boasts significant limerock outcroppings or shoals which produce rapids along the river unique to this property, while just a short stretch up or down river lies a tranquil, peaceful, meandering south Georgia river. Clear, natural springs, unique to this area, are found in several locations on this property flowing up from the aquifer through cracks in the limestone and into the river. The fishing along this stretch of river is excellent due to its difficult access, while a private 2-acre stocked pond is located just behind the house with dock and boathouse. The property is mostly high and dry, 83% planted in merchantable pine timber, with the balance in old growth pine-hardwood mix forest in bottomlands and creeks that feed into the Withlacoochee. These natural areas offer diversity to the income producing pine uplands and make for the perfect balance for wildlife, enjoyment and aesthetics and income producing potential. The elevation varies significantly throughout the property giving the feel of north Georgia with some of the highest elevations located along the river frontage. Far different than potential, this property is a turn-key, pristine recreational property with un-equaled value and opportunity in north Florida or South Georgia. Kayaking, rafting, tubing, fishing and hunting coupled with immediate timber income and best in class location make this a once in a lifetime opportunity. A modest house and barn along with a care-taker’s house are both equipped with power, well and septic and make the property turn-key.
This stretch of the Withlacoochee is exceptional and contributes greatly to the value of this property. For the outdoors enthusiast the opportunities are endless. A float trip from the property takes you south, downstream thru Madison Blue Springs state park to where the Withlacoochee and Suwanee Rivers converge at Suwannee River State Park, from there the Suwannee flows directly to the Gulf of Mexico. Significant conservation potential exists here which can help shelter ordinary income for high net worth investors. Live Water is knowledgeable in these easements and can assist investors with making these part of the investment strategy.