Great Opportunity for Renovation or Land Investment

Riverfront Property on the Red Bird River: A 1.7-Acre Opportunity for Investors, Builders and Outdoor Enthusiasts

Finding an affordable property that combines usable land, river frontage, road access, and redevelopment potential can be challenging. Properties offering several of these characteristics are relatively uncommon, particularly when they provide enough acreage for multiple possible uses.

This 1.7-acre property along the scenic Red Bird River presents an intriguing opportunity for buyers who are willing to look beyond the condition of the existing structures and focus on the long-term possibilities of the land. With approximately 144 feet of river frontage and around 143 feet of road frontage, the property offers both direct access to the water and convenient access from a publicly maintained road.

The property currently includes an existing mobile home and a detached block building. Both structures require significant repair or may ultimately need to be replaced. While that means the property is not necessarily a turnkey residential purchase, it also creates flexibility for an investor, builder, recreational buyer, or someone searching for a private piece of riverfront land.

The real appeal here is the combination of 1.7 acres, river access, road frontage, existing improvements, and a peaceful natural setting. With the right plan and appropriate due diligence, this property could potentially become a private retreat, recreational getaway, rental property, redevelopment project, or long-term land investment.

Property Overview

Before exploring the possibilities, here is a quick look at the major characteristics of this Red Bird River property:

  • Property size: Approximately 1.7 acres
  • River frontage: Approximately 144 feet
  • Road frontage: Approximately 143 feet
  • Location: Along the Red Bird River
  • Existing structures: Mobile home and detached block building
  • Current condition: Structures require repair or replacement
  • Access: Publicly maintained road
  • Terrain: Gently sloping land
  • Setting: Combination of open space and lightly wooded areas
  • Potential uses: Residential, recreational, investment, redevelopment, or land holding
  • Sale condition: Sold AS-IS
  • Financing: Cash or conventional financing only

The property should be viewed primarily as a land-and-location opportunity rather than as a move-in-ready home.

1.7 Acres of Flexible Riverfront Land

One of the strongest characteristics of this property is the approximately 1.7 acres of land.

That amount of acreage provides considerably more flexibility than a typical residential lot. Instead of being limited to the footprint of an existing house, a buyer may have the opportunity to think about the entire property as a potential development site, recreational retreat, or long-term investment.

The land is described as gently sloping, with a mixture of open areas and lightly wooded sections. This combination can provide several advantages.

Open areas may offer usable space for a future residence, recreational activities, parking, landscaping, or other permitted improvements. Lightly wooded sections can contribute to privacy and create a more natural atmosphere around the property.

Of course, the exact development possibilities depend on local regulations, zoning, utility availability, floodplain considerations, environmental conditions, access requirements, and other factors. Buyers should independently verify what can legally and practically be done with the land before purchasing.

144 Feet of Red Bird River Frontage

The river frontage is arguably the feature that makes this property especially interesting.

Approximately 144 feet of Red Bird River frontage provides direct access to the water and creates an opportunity for a lifestyle centered around the river.

For outdoor enthusiasts, riverfront ownership can provide a completely different experience from owning a conventional inland property. Depending on local conditions and applicable rules, the river could become part of the property’s recreational appeal.

Potential activities may include:

  • Fishing
  • Kayaking
  • Canoeing
  • Relaxing near the water
  • Nature watching
  • Outdoor recreation
  • Weekend retreats
  • Enjoying the changing scenery throughout the seasons

A riverfront property can also create a distinctive atmosphere for a future cabin, vacation-style retreat, or private residence.

However, buyers should carefully investigate the riverbank, flood risk, access to the water, applicable environmental restrictions, and any regulations affecting improvements near the river.

Road Frontage Adds Convenience

While river frontage creates recreational appeal, road frontage provides an equally important practical advantage.

The property offers approximately 143 feet of road frontage, with access via a publicly maintained road. This can make the property easier to access and potentially more practical for future development than a parcel with limited or difficult access.

Road access is particularly important when considering construction, renovation, recreational use, or the delivery of building materials and equipment.

The combination of road frontage and river frontage gives this parcel two valuable points of connection: one to transportation and one to the natural environment.

Existing Mobile Home: Renovation or Replacement Opportunity

An existing mobile home is located on the property, but it requires significant repair or may need to be replaced.

For some buyers, this could initially appear to be a disadvantage. For investors and experienced property buyers, however, an existing structure can also represent an opportunity to evaluate different strategies.

A buyer might investigate whether the mobile home can be economically rehabilitated. If the structure is beyond practical repair, replacing it may be a more appropriate long-term solution.

Potential replacement concepts could include a new manufactured home, modular residence, cabin, or another permitted residential structure.

The key point is that the existing mobile home should not automatically be considered an asset simply because it is already present. Its actual condition, foundation, systems, title status, permits, and local requirements should all be investigated before assigning it meaningful value.

Detached Block Building Adds Another Layer of Potential

The property also includes a detached block building, which likewise requires repair or replacement.

Depending on its condition and permitted use, an outbuilding could potentially serve as storage, a workshop, equipment space, or another accessory function.

However, the same principle applies here: the buyer should not assume the structure is usable simply because it exists.

A professional inspection can help determine whether repair is realistic or whether removal and replacement would make more sense.

For someone purchasing the property primarily for the land, the existing building may simply be part of the property’s current configuration rather than the primary reason for the purchase.

A Peaceful Combination of Open and Wooded Areas

The property features a combination of open land and lightly wooded areas.

This natural variation can help create a sense of privacy while maintaining usable space. A future owner could potentially envision a residence positioned to take advantage of the surrounding landscape, subject to site conditions and local regulations.

The wooded portions may provide natural screening, while the open areas can provide flexibility for construction, recreation, parking, gardening, landscaping, or other permitted uses.

For buyers who value outdoor space, having more than one type of terrain on the same parcel can make the property feel more dynamic than a uniformly cleared lot.

A Potential Private River Retreat

Perhaps the most appealing use for this property is creating a private riverfront retreat.

Imagine a future cabin or residence positioned on the property with outdoor space oriented toward the river. A buyer could potentially create a peaceful weekend destination where the primary attraction is not a collection of elaborate amenities, but the surrounding land and access to nature.

A river retreat can be designed around simple outdoor living: a comfortable residence, outdoor seating, landscaped areas, storage for recreational equipment, and easy access to the river.

Whether the final property becomes a full-time residence or a weekend getaway would depend on the buyer’s goals and what local regulations permit.

Potential for a Recreational Property

The land could also appeal to buyers primarily interested in recreation.

The riverfront setting may be attractive to fishing and kayaking enthusiasts, while the 1.7-acre parcel provides space for outdoor activities and equipment.

A buyer might explore the possibility of creating a recreational base with an RV setup, camping area, or small cabin, provided those uses are allowed by local zoning and applicable regulations.

This type of property can be especially appealing to people who prioritize access to nature over having a traditional suburban home.

Investment Strategy: Rehab and Rent

For investors, one potential strategy is to investigate whether the existing mobile home can be renovated into a rentable property.

If the structure can be repaired safely and economically, a buyer could potentially create a rental unit while retaining ownership of the surrounding land.

However, rental feasibility depends on much more than the purchase price. Investors should evaluate:

  • Local rental demand
  • Permitted residential use
  • Condition of the structure
  • Renovation requirements
  • Utility costs
  • Insurance
  • Property taxes
  • Flood-related considerations
  • Maintenance expenses
  • Potential vacancy
  • Financing costs

A professional financial analysis should be completed before assuming that a rental strategy will be profitable.

Fix-and-Flip Possibility

Another strategy could involve improving the property and eventually reselling it.

A successful fix-and-flip project would depend on acquisition cost, renovation expenses, market demand, comparable sales, financing costs, holding expenses, and the property’s final appeal.

The river frontage and acreage could potentially distinguish the property from ordinary residential listings.

However, buyers should be careful not to assume that improvements automatically translate into a profitable resale. Renovation projects involving older structures can uncover unexpected structural, utility, environmental, or permitting issues.

A detailed budget and realistic exit strategy are essential.

Build New on the Property

For buyers who do not want to invest heavily in the existing structures, another possibility is to investigate building new.

The property’s acreage, river frontage, and road access could make it worth evaluating as a future homesite.

Depending on local requirements, a buyer might investigate constructing:

  • A Custom Home
  • A Cabin
  • A Manufactured Home
  • A Modular Residence
  • A Weekend Retreat
  • Another permitted residential structure

The specific building options should be confirmed with the appropriate local authorities before any purchase decision is made.

Site suitability is also important. A buyer should investigate setbacks, access, drainage, floodplain status, septic requirements, water availability, electrical service, and building restrictions.

Long-Term Land Investment

Not every buyer needs to develop immediately.

Another approach is simply to hold the property as a long-term land investment.

A 1.7-acre riverfront parcel may appeal to buyers who want to secure property today and decide what to do with it later.

Holding land can provide flexibility, but it also comes with carrying costs and uncertainty. Property taxes, maintenance, insurance, market conditions, and future development rules should all be considered.

No investment should be viewed as guaranteed to appreciate.

Riverfront Living Comes With Important Considerations

Riverfront property can be highly attractive, but buyers should also understand the additional due diligence involved.

Waterfront land may be subject to considerations that do not apply to ordinary residential lots.

Potential issues can include:

  • Floodplain regulations
  • Flood insurance requirements
  • Erosion
  • Riverbank stability
  • Drainage
  • Environmental restrictions
  • Access to the water
  • Setback requirements
  • Septic limitations
  • Building restrictions
  • Seasonal water conditions

These factors do not necessarily make the property undesirable. Instead, they make professional due diligence especially important.

Verify Utilities Before Closing

The property description indicates that utilities may already be available on-site, but buyers should independently verify all utility connections.

This is particularly important when evaluating a property for new construction or major redevelopment.

Buyers should determine the status of:

  • Electricity
  • Water
  • Sewer or septic
  • Wastewater systems
  • Internet availability
  • Existing utility meters
  • Utility connection fees

If the existing structures are removed or replaced, utility requirements may change.

Confirming these details early can prevent unexpected expenses later in the project.

Public Road Access Is a Major Practical Feature

The property’s access through a publicly maintained road adds another positive characteristic.

For a rural or semi-rural property, road access can significantly influence usability. A publicly maintained road may simplify everyday access compared with a property dependent entirely on a private road or informal access arrangement.

Even so, buyers should confirm the exact access arrangements, road frontage, driveway conditions, and any applicable easements or access rights.

Sold AS-IS: What Buyers Should Know

This property is being offered AS-IS, which is especially important given the condition of the existing structures.

An AS-IS sale generally means the buyer should not expect the seller to make repairs or bring the property to a particular standard before closing.

For this reason, inspections and due diligence are particularly important.

A buyer should consider obtaining professional evaluations of the structures, electrical systems, plumbing, roofing, foundation or support systems, HVAC equipment if present, septic or wastewater systems, and other relevant components.

The goal is to understand what is actually being purchased before committing to the transaction.

Cash or Conventional Financing Only

The purchase terms indicate cash or conventional financing only.

That financing limitation may affect the pool of potential buyers and could be especially relevant because the existing structures require significant work.

Buyers planning to finance the purchase should speak with their lender early in the process to determine whether the property qualifies for the intended loan product.

Renovation financing, construction financing, or other specialized loan programs may have different requirements, but buyers should not assume that any particular financing product will be available.

Who Could Benefit Most From This Property?

This property may appeal to several different types of buyers.

Investors

Investors may be attracted by the combination of land, river frontage, and redevelopment possibilities.

Builders

Builders could investigate whether the parcel is suitable for a new construction project.

Outdoor Enthusiasts

People who enjoy fishing, kayaking, camping, and spending time near the water may appreciate the property’s recreational characteristics.

Buyers Seeking Privacy

The acreage and natural surroundings could provide a more private setting than a typical residential neighborhood.

Land Investors

Buyers interested in acquiring land for potential long-term use may find the combination of acreage and river frontage compelling.

Why the Red Bird River Setting Matters

Location is often one of the most important factors in real estate, and waterfront location can add another dimension to a property’s appeal.

A property along the Red Bird River is fundamentally different from an ordinary inland parcel. The river becomes part of the environment, scenery, and potential lifestyle associated with the property.

For the right buyer, the ability to step outside and have access to a natural water setting can be more valuable than having a larger finished house.

This property is therefore best evaluated not only by looking at the current structures, but also by considering the land, river frontage, access, and future possibilities.

A Diamond in the Rough

The phrase “diamond in the rough” fits this property because its current condition does not necessarily reflect its potential.

The existing mobile home and detached block building require significant work. That means the property will likely require more effort than a conventional move-in-ready residence.

But for buyers with the experience, resources, and vision to undertake a project, the underlying characteristics are difficult to ignore.

Approximately 1.7 acres, 144 feet of river frontage, 143 feet of road frontage, existing structures, and a peaceful natural setting create a combination that deserves careful consideration.

What Buyers Should Verify

Before purchasing, prospective buyers should conduct comprehensive due diligence.

Important questions include:

  1. What is the exact boundary of the river frontage?
  2. Is any portion of the property located within a floodplain?
  3. What flood insurance requirements may apply?
  4. Are the existing structures legally permitted?
  5. Can the mobile home be renovated, relocated, or replaced?
  6. What zoning restrictions apply?
  7. What types of new construction are permitted?
  8. Are utilities currently connected and operational?
  9. Is the existing wastewater system functional and permitted?
  10. Are there easements affecting the property?
  11. What restrictions apply to improvements near the river?
  12. What would demolition or structural repairs cost?
  13. What financing options are realistically available?
  14. Are there additional county or local requirements for development?

These questions can help transform an interesting property listing into a properly evaluated real estate opportunity.

Final Thoughts: A Unique Riverfront Opportunity

This approximately 1.7-acre Red Bird River property offers something that is difficult to replicate: land, water access, road frontage, and redevelopment potential in one package.

The approximately 144 feet of river frontage creates opportunities for fishing, kayaking, recreation, and simply enjoying the natural surroundings. Meanwhile, approximately 143 feet of road frontage provides practical access to the property.

The existing mobile home and detached block building require significant repair or replacement, so this is not a conventional turnkey home purchase. Instead, it is an opportunity for someone willing to evaluate the land carefully and develop a strategy around its strongest characteristics.

For an investor, the property could potentially be investigated as a renovation or rental project. For a builder, it may be worth evaluating as a future homesite. For an outdoor enthusiast, it could become a private river retreat. And for a land investor, the acreage and waterfront location may offer long-term flexibility.

Ultimately, the value of this property lies in its location, land, river frontage, access, and possibilities.

The right buyer may be able to transform this diamond in the rough into a private retreat, recreational destination, rental property, or new residential development.

However, buyers should proceed with professional inspections and thorough due diligence. All information regarding acreage, frontage, utilities, zoning, structures, financing, development possibilities, and property condition should be independently verified before making a purchase decision. The property is offered AS-IS, and buyers should consult qualified real estate, legal, construction, financing, and environmental professionals as appropriate.

 

 

 

From Zillow

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