Beautiful 40-Acre Equestrian Estate with Three Residences and Hay Field – Quesnel, BC

Beautiful 40-Acre Equestrian Estate with Three Residences and Hay Field - Quesnel, BC

Price : $589,000

Select Property type: Sold
DESCRIPTION: Gorgeous estate perfectly situated to enjoy numerous horses. Three residences, with an up/down suite in the main residence, this property generates substantial rental income. There is a 30-acre hay field, barns, two hay sheds, fencing and x-fencing. A must see!
LISTING NUMBER : 18192
PRICE: $589,000
SIZE: 40 acres

Description

This property is an amalgamation of rural solitude, urban convenience and income generation. The property is an impressive 40 acres situated less then 10 km from the quaint town of Quesnel. You enter the property from a quiet, paved rural road on the west side of the property. The driveway slowly snakes alongside hay fields and horse pasture and is lined by mature poplar trees creating a sense of grandeur, as you enter the property.

The hay field crowns the northern section of the property and is flat and highly accessible. It is fully fenced should you wish to use the field as winter pasture for cattle or horses. The hayfield may be accessed from multiple points on the property. There is a 40 x 50 ft hayshed located on the edge of the field to permit the convenient storage of hay bales. In years of productive growth, two cuts are achievable. If irrigation were to be applied, multiple cuts would be achievable every year.

Large portions of the property are sectioned off into horse pasture with well-maintained gates and fencing. There are four individual pastures throughout the property to keep animals separated, or to permit a program of rotational grazing. Each pasture offers shade and a water source. In addition to the four stock water tanks, Dog Prairie Creek dissects the property. The property comes with a water licence permitting stock to use the creek as a water source. The creek meanders through the property in a shallow ravine, which is lined with aspen and other foliage. The creek and associated ravine/foliage provide shade and thermal protect not only for horses, but for the mule deer who frequent the property. In addition to its functional/practical applications, the creek brings with it a ubiquitous sense of tranquility.

The first residence you come to on the property is the mobile home. This residence is very private and its interior is spacious and functional. There is a large covered deck where a tenant may sit out on a summer’s evening and enjoy a calming breeze. The mobile home is hooked up to its own individual septic system and shallow well. Presently, the mobile home may be rented out for $1,000 – 1,200/month. There is a month-to-month tenant on the premises and there is the potential to continue under the present agreement.

As you continue along the driveway towards the estate home, the second rental residence on the property will come into view. Again, this residence is fully tenanted and is highly sought after, as an affordable rental option. Presently, $1,000 per month is the attained income. This residence has a shallow well and its own septic tank, but shares the lagoon with the main residence. There are two levels to this residence with a large south facing balcony from which a tenant may gaze out onto the beautiful pasture and watch the horses gently mill about. The house is quaint, functional and profitable.

Primary Residence

The main estate home imposes its elegance over the entirety of property. It is ideally situated so as to provide a full wrap around drive way and still have room for the manicured lawn and yard. Large poplars, whose leaves gently rattle in the breeze shade the yard and home and create a unique rural ambience. The house is an imposing 3,000 ft2 and is fashioned in such a manner that the upstairs/downstairs may be occupied by different parties to derive further investment income. Both levels in this two-storey home are self-contained, with a kitchen, bedrooms, bathrooms and large living spaces. There are three spacious bedrooms on the main floor along with two 4-piece bathrooms including en-suite. There is an additional full bathroom in the basement.

The basement is a walkout, which serves as an independent entrance from the main floor. As you exit the basement, there is a large covered patio where you may sit and enjoy the shade and an warm afternoon’s breeze. The main level also has ample outdoor living space, as it is enveloped by a 360-degree covered balcony. This covered balcony greatly expands your living space during the summer months allowing you to sit outside and enjoy the warm weather at all times of the day.

Ultimately, this residence offers multiple investment options, or functionality as a family home. There is the option to rent out the different levels to derive investment income, or to occupy the home as a single-family residence and raise your family with plenty of space and privacy.

LOCATION

This property is located approximately 10 km south of Quesnel in the Cariboo region of British Columbia. It has easy highway access and is reached from Red Bluff Road, which is a fully maintained public road way.

DIRECTIONS

From Quesnel, head south on the 97 Highway for approximately 10 km until the intersection with Red Bluff Road. Turn right (west) onto Red Bluff Road and proceed 0.43 km to the stop sign and intersection with Hazard Road. Turn left (south) onto Hazard Road and proceed 0.47 km to the property’s main entrance.

AREA DATA
The Cariboo Region of British Columbia has a total approximate population of 127,900. Manufacturing, forestry, mining, oil and gas are the most prominent sources of employment through the region with manufacturing leading the way at 12% of total employment. The Government of British Columbia has predicted regional job growth at 0.4% per annum out to 2022 at which point regional job openings will reach 30,330.

The town of Quesnel itself is located at the confluence of the Quesnel and Fraser Rivers. It is the commercial centre for some 23,000 residents and is serviced by diverse rail, road and air networks. The Quesnel Airport is directly north of town and services all domestic air travel needs.

The Quesnel economy has traditionally been orientated around the timber industry. There are numerous mills, which currently operate in the region providing stable predictable employment. West Fraser Integrated Forest Company, one of the most prominent players in British Columbia’s timber industry, operates several corporate offices in Quesnel. Other prominent industries in Quesnel include agriculture, mining and service/support companies for northern resource development and extraction.

RECREATION

The property is an outdoorsmen’s dream. With hunting and fishing opportunities mere footsteps from the front door. The lush growing climate and ample yard space creates a garden enthusiast’s dream with excellent opportunity to grow and harvest a wide array of fruits and vegetables.

The property is well situated for equestrian usage with fencing, corrals, stock shelters/water troughs and large tracks of land suitable for riding. Thousands of square kilometers of Crown land, in close proximity to the property, provide infinite opportunity to explore the countryside. Some other recreational opportunities include:

Gardening
Hobby farming
Equestrian
Quadding
Dirt biking
Snowmobiling
Hunting
Fishing
Camping
Canoeing
Rafting
Hiking
Wildlife viewing

HISTORY

The town of Quesnel was named after Simon Fraser’s clerk during his expeditions, Jules Maurice Quesnel. The town grew as a major supply and transportation hub for the gold town of Barkerville and its surrounding gold fields. Following the region’s gold rush, Quesnel continued to play a major role as a supply and transportation center for the exploration of Northern British Columbia.

From 1921 to 1952 Quesnel was the northern terminus of the Pacific Great Eastern Railway. This transportation network and the rich, productive forests surrounding Quesnel led to a boom in the regional lumber industry. In fact, by 1952, there were 180 sawmills and 5 planer mills all within a 30-mile radius of Quesnel. This number has declined over the years, with the consolidation of the mills under the ownership of some of the larger regional companies. The lumber industry has continued to be the primary economic driver for the region.

As time passed, upgrades were made to the town of Quesnel including paved roads, electricity, a bridge spanning the Fraser River, which amalgamated West Quesnel with East Quesnel, a natural gas transmission line and the construction of the GR Baker Hospital. All these developments permitted the town of Quesnel to gain city status in 1979.

INVESTMENT FEATURES

The demand for residential rental accommodation is presently high in the Quesnel area. There is a particularly high demand for rental accommodation in rural settings that also offer easy access to town and employment opportunities. Hence, the rental options offered by this property are highly sought after. The landowners have operated under 100% occupancy for several years and presently bring in $3,000 worth of rental income per month. This is a substantial revenue source to be applied against any mortgage payments.

Currently the landowners have the mobile home and detached residence rented out. They are also renting out the upstairs unit in the primary residence while occupying the lower level.

As additional revenue options, a new owner could run a lucrative horse boarding business with the existing infrastructure on the property. There is ample pasture, fencing shelter and hay production to comfortably and safely support numerous horses.

Additional revenue may be derived from the sale of hay from the 28-acre hayfield.

SERVICES

Electricity – 400-amp service for residences with 100-amp service to the shop.
Water – two shallow wells on the property to supply water to residences
Septic – each residence has an individual septic tank. Mobile home has its own lagoon, while primary residence and second detached home share lagoon.
Natural gas – the residences are heated primarily using natural gas.

IMPROVEMENTS