Ludwig Acreage, Lumsden Rm No 189

Living room - Ludwig Acreage, Lumsden Rm No 189, SK S0G0W0 Photo 1

40 Photos

Kitchen - Ludwig Acreage, Lumsden Rm No 189, SK S0G0W0 Photo 2
Dining room - Ludwig Acreage, Lumsden Rm No 189, SK S0G0W0 Photo 3
4pc Bathroom - Ludwig Acreage, Lumsden Rm No 189, SK S0G0W0 Photo 4
Bedroom - Ludwig Acreage, Lumsden Rm No 189, SK S0G0W0 Photo 5
Bedroom - Ludwig Acreage, Lumsden Rm No 189, SK S0G0W0 Photo 6
Bedroom - Ludwig Acreage, Lumsden Rm No 189, SK S0G0W0 Photo 7
  • Bedrooms: 3
  • Bathrooms: 2
  • Living area: 1132 square feet
  • MLS®: sk965302
  • Type: Residential
  • Added: 26 days ago

Property Details

Great opportunity to live outside the city and have a substantial portion of your mortgage paid for. This stunning acreage is situated in the scenic valley, conveniently near Craven and just a short 30-minute drive from Regina. With a sprawling 30.63 acres, and a very attractive lease in place for an additional 142.58 acres of leased pasture/hay land, this property presents a remarkable opportunity for generating revenue. This meticulously maintained property features not one but two charming homes. The main residence, constructed in 1997, offers a highly functional floor plan comprising of 3 spacious bedrooms and 2 bathrooms. Recently updated, the kitchen boasts modern amenities, while the newer deck and metal roof add to the property's appeal. The basement provides ample storage space and a small workshop and there is an L cove about 24 x 12 of undeveloped space that can be turned into a gaming, exercise or entertainment room. The second home, built in 2015, is a duplex with both sides encompassing 1000 square feet and comprising 2 bedrooms and 1 bathroom each. This opportunity presents an excellent prospect for generating rental income from both units or accommodating multi-generational living. Outside, you'll find a generous shop/barn complete with a heated tack room, as well as a 60x96.5 riding arena, offering ample space for training and caring for horses or other animals. The yard is designed with well-sized corrals and pasture areas, equipped with water hydrants throughout the property. Nestled in a tranquil and picturesque valley, this property is the ideal retreat from the fast-paced city life while still offering just a short commute to the city. Don't miss out on the remarkable opportunity to transform this incredible acreage into your own lucrative venture. Whether it's through potential revenue from the duplex home, or exploring business opportunities such as horse boarding or a scenic valley short term rental, the possibilities are endless. (id:1945)

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Property Information

  • Heating: Forced air, Natural gas
  • Tax Year: 2023
  • Basement: Partially finished, Full
  • Year Built: 1997
  • Appliances: Washer, Refrigerator, Stove, Dryer, Freezer, Oven - Built-In, Hood Fan, Storage Shed, Window Coverings
  • Living Area: 1132
  • Lot Features: Acreage
  • Photos Count: 40
  • Lot Size Units: acres
  • Bedrooms Total: 3
  • Structure Type: House
  • Common Interest: Freehold
  • Parking Features: Parking Space(s)
  • Tax Annual Amount: 7741
  • Lot Size Dimensions: 30.63
  • Architectural Style: Bungalow

Features

  • Roof: Metal
  • Other: Equipment Included: Fridge, Stove, Washer, Dryer, Freezer, Hood Fan, Oven Built In, Shed(s), Window Treatment, Construction: Wood Frame, Levels Above Ground: 1.00, Nearest Town: Craven
  • Heating: Forced Air, Natural Gas
  • Lot Features: Fences: Complete
  • Interior Features: 220 Volt Plug
  • Sewer/Water Systems: Water Heater: Included, Gas, Water Softner: Included
Room Dimensions
Type Level Dimensions
Living room Main level
Kitchen Main level
Dining room Main level
4pc Bathroom Main level
Bedroom Main level
Bedroom Main level
Bedroom Main level
3pc Bathroom Basement
Other Basement
Laundry room Basement
Workshop Basement
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Nearby Places

Name Type Address Distance
Craven, Saskatchewan It lies between the rural municipalities of Longla... 3.6 km
Wolf's General Store Grocery or supermarket 2 Hwy 20 Craven 3.6 km
Lumsden (Colhoun) Airport Airport Craven 4.7 km
Lumsden (Colhoun) Airport Lumsden (Colhoun) Airport, (TC LID: CKH8), is loca... 4.7 km
Rural Municipality of Lumsden No. 189 It is located in Division No.6... 6.5 km
Corn Maiden Market Home goods store Hwy # 20 7.3 km
Waterfront Press Establishment 635 James St N 9.8 km
Lumsden Valley Restaurant Restaurant Lumsden 10.1 km
Lumsden, Saskatchewan The town functions as both a farming community and... 10.1 km
Prairie Cherry Corner Restaurant 20A 2nd Ave 10.2 km
RBC Royal Bank Atm 325 James St N 10.2 km
Brick House Bistro The Restaurant 235 James St N 10.2 km
Similar Houses Stat in Lumsden Rm No 189
We have found 4 Houses that closely match the specifications of the property located at Ludwig Acreage with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 798,900 and 1,199,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the S0G0W0 postal code area of Lumsden Rm No 189 Saskatchewan Canada.
Ludwig Acreage mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at Ludwig Acreage. The current price of the property is $949,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $759,200. This would result in a monthly mortgage payment of $4,438 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 10
Bachelor's degree 60
University / Above bachelor level 10
University / Below bachelor level 30
Certificate of Qualification 40
College 115
University degree at bachelor level or above 75

Neighbourhood Marital Status Stat

Married 400
Widowed 20
Divorced 25
Separated 15
Never married 140
Living common law 35
Married or living common law 440
Not married and not living common law 200

Neighbourhood Construction Date

1961 to 1980 65
1981 to 1990 60
1991 to 2000 55
2006 to 2010 20
1960 or before 90
Comparison of Ludwig Acreage, Lumsden Rm No 189, SK with Nearby Houses
Nearby Cities Listings Avg. price
Regina 850 $407.947
Moose Jaw 214 $389.998
Weyburn 127 $308.356
Assiniboia 52 $144.646
Yorkton 118 $534.935
Melville 78 $166.928
Saskatoon 945 $511.265
Corman Park Rm No 344 135 $997.824
Popular Cities Listings Avg. price
Other 683 $800.562
Winnipeg 1473 $538.362
Lethbridge 339 $473.602
Calgary 2642 $814.646
Edmonton 3918 $635.581
Vernon 867 $840.412
Kelowna 1416 $1.126.291
West Kelowna 412 $955.883