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Sipsey River 1/2 mile Waterfront #2888583
08/26/19 11:55 AM
08/26/19 11:55 AM
Joined: Nov 2012
Posts: 10,059
Northport, Al.
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Northport, Al.
For Sale by Owner

35+\- acres Sipsey River with 1/2 mile waterfront

Sipsey River 35+\- acres with 1/2 mile waterfront and concrete boat ramp located at Cotton Bridge off Romulas Road on the Greene County side.

Beautiful hardwoods and great access to the Sipsey River with its terraced banks. With the higher terraced banks it has little flooding, other than during the 100 year flood. 1/4 mile paved road (vacated to owner) by the water on the Northern section, and roughly a 1/4 mile dirt road by the water on the Southern section.

It has a green field and the Southern end has a cut in it from the Sipsey which feeds a slough which wraps around the eastern side. A sluice gate could easily be put in this cut to have the slough be a duck hole even when the water level is poor. Currently the slough dries up during Summer weather..

Multiple house/cabin sites throughout the property. Power runs down Romulas road by edge of property.

It is one of the few areas on the Sipsey River with a concrete boat ramp. Due to the many freshwater mussels in the Sipsey, and other aquatic life, it's very difficult and expensive to have a boat launch put in with the current restrictions and conditions to be met by the Corps of Engineers.

This property has 2640+/- feet of water front. A current 1 acre tract with 100 ft of waterfront on today's market for major rivers/waterways is $25,000 plus. This could easily be divided and sold in lots, keeping the boat launch, which is in the middle of the property, as a community launch.

For sale at $135,000 which is way below market value of 1 acre lots with 100 feet of waterfront, on any of the rivers.

Showing by appointment only.

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God Bless,
David B.


Premium member #8925
Team Rack Addicts
2016 Aldeer Deer Champions

Re: Sipsey River 1/2 mile Waterfront [Re: BOFF] #2888584
08/26/19 11:56 AM
08/26/19 11:56 AM
Joined: Nov 2012
Posts: 10,059
Northport, Al.
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Booner
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Joined: Nov 2012
Posts: 10,059
Northport, Al.
[Linked Image]

[Linked Image]

[Linked Image]

[Linked Image]

[Linked Image]



God Bless,
David B.


Premium member #8925
Team Rack Addicts
2016 Aldeer Deer Champions

Re: Sipsey River 1/2 mile Waterfront [Re: BOFF] #2888589
08/26/19 11:58 AM
08/26/19 11:58 AM
Joined: Nov 2012
Posts: 10,059
Northport, Al.
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Joined: Nov 2012
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Northport, Al.
[Linked Image]

[Linked Image]

[Linked Image]

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God Bless,
David B.


No houses on this property. It currently is not divided into lots, but I do have a survey to show how it can easily be done.

I'm just referring to most "river" lots on navigable deep waters for 1 acre lots with 100 feet of waterfront run $25,000 and up.
If someone wants to divide this up they could.

For example. 1/2 mile water front is 2640 feet of water front.
Take the bridge (for reference) being an imaginary line separating the North and South side of property.
There are +/- 11 acres North of bridge and +/- 24 acres South of bridge.
Take out 600 feet of waterfront - 300 feet being on both sides of bridge, so the concrete launch is included in a common area for everyone on property. This way everyone has the use of boat ramp.

So for simple purposes and rounding out for easy numbers there would be more than 9 acres and 1000 feet of water front on "North side" and more than 20 acres with 1000 feet of waterfront on "South side".


Divide the North side into 3 lots - Each having 3 plus acres of 330 feet of waterfront. Sell each lot at $40,000 = $120,000
Divide the South side into 5 lots - Each having 4 plus acres of 200 feet of waterfront. Sell each lot at $30,000 = $150,000

That's $270,000 - $135,000 (selling price) = $135,000 profit, minus your expenses of survey, time, etc.

I'm not a developer, and I may be missing something, but that's some random, fair numbers I was thinking of when looking at the property to divide it.

I may do this myself, but I know there is someone who would prefer to have the whole place to themselves.

God Bless,
David B.


Premium member #8925
Team Rack Addicts
2016 Aldeer Deer Champions

Re: Sipsey River 1/2 mile Waterfront [Re: BOFF] #2888603
08/26/19 12:14 PM
08/26/19 12:14 PM
Joined: Aug 2016
Posts: 3,259
IN
P
ParrotHead89 Offline
10 point
ParrotHead89  Offline
10 point
P
Joined: Aug 2016
Posts: 3,259
IN
I see a real tree hugger there.

Re: Sipsey River 1/2 mile Waterfront [Re: ParrotHead89] #2888630
08/26/19 12:44 PM
08/26/19 12:44 PM
Joined: Nov 2012
Posts: 10,059
Northport, Al.
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Northport, Al.
Originally Posted by ParrotHead89
I see a real tree hugger there.


laugh

Gotta show the love for them trees.
They so big and healthy, I just about can't hug them.

God Bless,
David B.


Premium member #8925
Team Rack Addicts
2016 Aldeer Deer Champions

Re: Sipsey River 1/2 mile Waterfront [Re: BOFF] #2888817
08/26/19 04:43 PM
08/26/19 04:43 PM
Joined: Jan 2014
Posts: 6,648
Trussville Alabama
inatree Offline
14 point
inatree  Offline
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Posts: 6,648
Trussville Alabama
Man that would be great to own.


Free men aren't equal and equal men aren't free! I choose to defend my freedom!
Re: Sipsey River 1/2 mile Waterfront [Re: BOFF] #2889054
08/26/19 09:17 PM
08/26/19 09:17 PM
Joined: Aug 2016
Posts: 459
Northport, Alabama
S
sportrep Offline
4 point
sportrep  Offline
4 point
S
Joined: Aug 2016
Posts: 459
Northport, Alabama
I hunted turkeys 15 years ago across the river from your South parcel. Some of my best hunting ground at the time. Beautiful, and plenty of turkeys!

Re: Sipsey River 1/2 mile Waterfront [Re: BOFF] #2889076
08/26/19 09:30 PM
08/26/19 09:30 PM
Joined: Nov 2012
Posts: 10,059
Northport, Al.
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Northport, Al.
Yep,

Still have them on my side.

God Bless,
David B.


Premium member #8925
Team Rack Addicts
2016 Aldeer Deer Champions

Re: Sipsey River 1/2 mile Waterfront [Re: BOFF] #2889212
08/27/19 06:26 AM
08/27/19 06:26 AM
Joined: Nov 2004
Posts: 12,788
Thomasville, AL
H
Hogwild Offline
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Joined: Nov 2004
Posts: 12,788
Thomasville, AL
I cannot believe this is still on the market!

That is a rare gem there and will make someone a really nice getaway place if not developed.
Of course, the potential financial gain from development is huge. So, I could see it going either way.

If it was anywhere near my neck of the woods, I would own that!

Good Luck with it.

Re: Sipsey River 1/2 mile Waterfront [Re: BOFF] #2889299
08/27/19 07:46 AM
08/27/19 07:46 AM
Joined: Mar 2004
Posts: 3,023
Oak Grove
BREEZE1 Offline
10 point
BREEZE1  Offline
10 point
Joined: Mar 2004
Posts: 3,023
Oak Grove
Well several years ago we floated the sipsey from a friends club. I believe I may have jumped off that bridge, swung on a swing just below it and used your launch. grin Its a beautiful area down there, I imagine covered in turkeys. Somebody will jump on this soon.

Last edited by BREEZE1; 08/27/19 07:57 AM.
Re: Sipsey River 1/2 mile Waterfront [Re: BOFF] #2945169
11/04/19 04:48 PM
11/04/19 04:48 PM
Joined: Nov 2012
Posts: 10,059
Northport, Al.
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Northport, Al.
Still available.

Green fields planted.
Survey done, so if someone wants to buy and divide into lots to sell for profit, they can.

God Bless,
David B.


Premium member #8925
Team Rack Addicts
2016 Aldeer Deer Champions

Re: Sipsey River 1/2 mile Waterfront [Re: BOFF] #2949246
11/07/19 10:52 PM
11/07/19 10:52 PM
Joined: Nov 2012
Posts: 10,059
Northport, Al.
BOFF Offline OP
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Joined: Nov 2012
Posts: 10,059
Northport, Al.
Grass is already getting chomped!!

[Linked Image]

Some of green field.

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[Linked Image]


God Bless,
David B.


Premium member #8925
Team Rack Addicts
2016 Aldeer Deer Champions


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