5801 Stoney Hill RdNewark, OH 43056

Property Details for 5801 Stoney Hill Rd

Year built

2015

Property type

Residential income properties

Property subtype

Other land

Description

This exceptional 97.3-acre property in Newark, Ohio, presents a unique investment opportunity. The land boasts a diverse landscape, featuring approximately 70 acres of mature woodland and 20 acres of tillable land, offering a blend of natural beauty and agricultural potential. A substantial 1,196 square-foot secured pole building provides ample storage for equipment or recreational vehicles. The property's expansive size allows for the development of several excellent home sites, making it ideal for residential development or a private estate. Located at 5801 Stoney Hill Road SE, Newark, OH 43056, this parcel offers significant potential. Access to the property is by appointment only, and walk-throughs are required; motorized vehicles are not permitted for showings. Any mineral rights investigation is the responsibility of the buyer. Inquiries regarding future land use should be directed to Hopewell Township (contact information available upon request). The listed property taxes reflect a reduction under the Current Agricultural Use Valuation (CAUV) program. The purchaser is responsible for applying for and maintaining the CAUV tax reduction; if the reduction is not obtained or subsequently revoked, the buyer will be responsible for all resulting tax recoupment. The lot size is 4,241,001.6 square feet, and the property was built and renovated in 2015. The asking price is $1,070,300.

Location Insight

City

Newark

County

Licking

State

Ohio

Latitude

40.0087

Longitude

-82.2667

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