Wisconsin, Land, Retreat, Timber, Investment, Paradise

FOR SALE – 1090 Severson Road, Belleville, WI 53508 

CAMEO ROSE VICTORIAN COUNTRY INN – A bed and breakfast and timber-paradise- -goldmine investment and future potential development located at 1090 Severson Road, Belleville, WI. 53508.

Fabulous location, idyllic retreat and excellent investment on 120 scenic acres with managed forest of black walnut, oaks and pines, miles of hiking trails, nature pond with 3 waterfalls and screened gazebo, and perennial gardens with gazebos and pergolas. Cameo Rose Victorian Country Inn B&B is located 10-15 minutes from vibrant Madison and New Glarus (“America’s Little Switzerland”), and Epic Systems in Verona. Our B&B is ideal for a bed and breakfast, a private or corporate getaway, medical clinic or country law firm, horse ranch or wedding venue… This property should pay you back plus! See CameoRose.com and this website – WisconsinLandRetreatTimberInvestmentParadise.com.

Oops! Did we forget to mention it is a “GOLDMINE”.  Brian, from a Bellevue, Iowa hardwood mill said, we are “sitting on a goldmine” and we have the best cared for Black Walnut forest he has ever seen. He’s talking about the future timber value of the trees.  Then, in the future when Verona or Fitchburg grow to our borders, future land development should bring even greater profits.

If you buy it all, it should pay you back over 20 years in Black Walnut and hardwood timber sales and old growth harvest and B&B Inn income.  See the website on Growing Walnut Trees for Profit by Craig Wallin. And, you would still have the Home/Inn, the land, a regenerating forest and deer and wild turkeys. Future land development is extra – we are less than a mile from Fitchburg’s South border and 6 miles from Verona.

We are looking for a buyer or buyers or corporation that can afford to enjoy their own paradise and have the vision to recognize the value of our property and timber and future development.

If you have the money and are interested in buying, come and stay for a couple days and look it over. See CameoRose.com. If you are really, really interested and want to see the entire house and walk all the trails to see the trails, forest plantations and land arrangement – arrange a showing time and bring a Bank letter saying you have the funds to purchase.

Dawn & Gary Bahr, owners, 1090 Severson Rd, Belleville, WI 53508 Phone 608-424-6340.   EMAIL 

CALL REALTOR NOW: ALEX WEBER OR ERIC GROVER,  FIRST WEBER GROUP, WILDLAND PROPERTIES TEAM

608-444-2900

#I.  THE PACKAGE PRICE: HOME AND 120 ACRES with timber rights and development rights. =  $2,200,000. Markets may bring even more with the fast-growing real estate values in Dane County.

PROPERTY SPLIT:

#1. $1,284,000 – The West 50 acres more or less with the house. HOME AND 50 WEST ACRES more or less  $1,284,000. Includes about 9 wooded acres, 35 acres of crop land, the 7000 sq ft well maintained house and driveway. See pictures of home at CAMEOROSE.COM and at 1090 Severson Road, Belleville, WI.

#2.  $980,000 – 70 ACRES more or less OF WOODS AND HILLS and TIMBER INVESTMENT. Old growth hillside and new hardwood  (Black Walnut, Oaks) plantations maturing in about 20-25 years.  Forest land is scheduled for a Managed Forest Land a mandatory harvest in 2023 to thin growth for better growth of remaining hardwoods. Regeneration of trees continues into the future.

MAKE CAMEO ROSE YOUR STORY

Dawn and Gary Bahr bought a farm in 1989 and are now thinking about retirement. That means selling the Cameo Rose Victorian Country Inn and tree investment paradise. We would like to stay forever, or at least until we can harvest the Black Walnut trees during the next 20 years, and possibly sub-divide the land into lots thereafter or grow more black Walnut trees – if only our aging could be stopped or reversed. We love it here. We could stay forever unless some younger person(s) or corporation has the same vision.

After Gary retired from banking and real estate and Dawn retired from auto leasing administration, we built our home and bed and breakfast in 1991 and added a privacy addition in 1994. 

In 1994, we planted 32,000 pine and hardwood seedlings (16,000 each in every other row) on 52+ acres and entered a Managed Forest Land program in 1997 and 2022 on 80-85 acres of woods (including 30 acres of old growth. 6,000 black walnut trees were included in the New Groth plantings.

THE PERFECT PLAN = The goal was to have a very nice home in a beautiful setting (the Paradise), run a bed and breakfast for income (the retreat) and deduct depreciation and expenses, wait for the Black Walnut Trees to mature (the “Goldmine”) in about 20 years and wait for Fitchburg or Verona to grow to our land and possibly subdivide after most of the Black Walnut trees are harvested. A regenerating hardwood forest would continue to be a plus.

WHAT DO YOU GET FOR THE PURCHASE PRICE?

1. THE PERFECT LOCATION:

Our property is located at 1090 Severson Road, Belleville, WI. 53508. It is located 4 miles north of Belleville, 10 minutes south of vibrant Madison’s SW corner, 3 miles SE of Historic Paoli, a  mile SW of Fitchburg’s SW corner, 20 minutes south of Middleton, 15 minutes NE of New Glarus (Little Switzerland), 10 minutes south of Verona (home of Epic Systems) and 20 minutes SE of Mount Horeb (Little Norway). 

2. THE WISCONSIN RETREAT / HOME / INN / GETAWAY:

Our home and B&B was built by local builder, Joe Buol & Sons, in 1991 with a privacy addition added in 1994. The custom builder used fine materials including oak Morgan Doors from Oshkosh, WI and Anderson Windows.

The home is about 7000 or more square feet of finished space – including the finished garage, plus 2-story and cathedral ceiling areas. Ideal for a corporate retreat or personal retreat, a large or extended family home and offices, a bed and breakfast or 2-family home… With the land it would be the perfect wedding venue.

(By the way, Madison WI is the best place to raise children).

The home/inn could divide perfectly into 2 separate areas for extended family use if desired. The basement Gazebo room could be used as a future 2nd kitchen/dining area or additional bedroom. Water hookup is in the North wall. Plumbing and electrical for a washer & dryer is in back furnace room. Home would divide easily between the 1991 and 1994 portions at the Gazebo Sunroom.

With 6-7 bedrooms (1 bedroom or more could be home offices for Attorneys or Realtors). There is a large loft above the master bedroom (behind the book shelves).

Cost to build this quality custom home today (2023) would likely exceed $200 per square feet or about $1,400,000 or more with the sq ft of cathedral and raise ceiling areas. Add $200,000 plus for about a 6-acre scenic and landscaped lot and mature trees + septic + well + pond + gazebos + pergolas + patios + brick and stone sidewalks. You get a lot of home for our price.

The total savings on the home and land value will allow the buyer to make any desired change in the home or improvements. Don’t like the carpet,  lace curtains or Wallpaper? – All easily replaced. Don’t like Victorian trim – just take it down. ETC. Want a huge living room – push the fireplace back and combine the LR & DR and use the Library/FR room as a formal dining room complete with fireplace.

3. The WISCONSIN LAND, TIMBER INVESTMENT, PARADISE, “GOLD MINE”:

TOTAL ACRES = 120 scenic Wisconsin acres, more or less,  with miles of trails that meander through the hills, valleys, trees and rock formations; plus another mile long trail along both sides of the driveway.

52.39 acres of New Gzrowth trees is part of the MFL lands below. In 1994, we planted 6000 Black Walnut trees, 8,000 oaks, 2000 Maples and 16,000 pines.

The pines can be harvested anytime by us or a future owner – while retaining some pines for scenic purposes. Most pines have died between the valley black walnut trees (which are toxic to the pines), or will die as the hardwood canopy shades them out.

The Walnuts and hardwoods are the “goldmine” or an investment projected to be worth millions in future years. The first thinning harvest will be about 2023 and will help thin-for-profit trees and improve future growth of remaining Walnuts and hardwoods for a big-profit-harvest in the future.

4. THE TIMBER RIGHTS:

Tree and timber rights are included in the home and land and trees price of $2,200,000 price.

55 ACRES OF NEW PLANTATIONS:

See website on Growing Walnut Trees for Profit. Black Walnut logs bring premium prices, and have since the 1700s, with single trees bringing up to $20,000 if veneer quality. Our trees have had the lower branches removed to increase the amount of veneer quality. Bruce Thompson, author of “Black Walnut For Profit,” estimate a mature stand of black walnut trees overtime can bring $100,000 per acre in timber value alone depending on number and quality and size of the trees. We have about 55 acres of Black Walnut and Hardwoods and Pines and about 30 acres of old growth timber. Even half that value would be great!

‎Harvesting or thinning of Black Walnut trees can begint 2023 and full growth maturity in about 2043.

Meanwhile new trees are growing for future harvests. Re-forestation of hardwoods is an additional benefit throughout the future.

5. THE 30 ACRES OF OLD GROWTH TIMBER:

There are about 30 acres of Old Growth Timber along a horseshoe ridge. It must be thinned in 2023 to allow more growth of desired hardwoods as in the new Walnut trees. Squirrels are  planting Walnuts in the Old Growth and New Growth plantations. Years ago indians had a summer camp along the bottom trail of the Old Growth behind the house. A twisted tree marks the area. Ole Anderson, a former owner says there was a cave in the area which current owners never discovered.

6. THE 35 ACRES OF TILLABLE LAND:

THIS CROPLAND or 35 acres is currently rented for $150.00 per acre to a neighbor. It helps pay the taxes. The cropland is in two fields with woods in between where a future building site may be located on the West 50 acres of the property. Cropland could be planted with hardwoods or other profitable trees or 1 crop field might make a great area for horses and the other field might make a great pond area for viewing from a potential building site in the 8-10 acres of pines and hardwoods between the two fields. Or, raising marijuana for CBD Oil may bring great returns.

7. THE DRIVEWAY that is shared by agreement with a neighbor and any new land division neighbors if necessary.

8. THE MANAGED FOREST LANDS:

85 Acres of Managed Forest Land consists of about 30 acres of the old growth forest and 55 of New Growth hardwoods and pines.

The Managed Forest Land program provides a tax savings. The MFL contract was renewed in 2022. Our MFL is taxed at about $10 per acre.

The 52.39 acres of new growth plantations were planted in 1994 with 32,000 seedlings, half pines and half hardwoods including 6,000 Black Walnut Trees.  The Walnut & Hardwood Groves were culled about 2008 and can be culled anytime soon of crowding and crooked trees.

Thinning or culling of the Black Walnut and hardwood trees allows for the best growth of the remaining hardwoods.

9. DEVELOPMENT RIGHTS:

In the future, Fitchburg WI and Verona WI will be bordering or near our land and the potential for future subdivision will be great. Envision twenty-four 4-5-acre lots @ $250,000 each…

EXTRAS:

ADDITIONAL – THE BUSINESS:

Goodwill, cameorose.com website, email list, business name.

Antiques, furniture, furnishings, dishes, etc.

For the Bahr’s, the bed and breakfast has provided them with sufficient income that is mostly tax-free due to depreciation of the home, furnishings, car, etc and deducting 65-80% of most expenses – heat, electricity, phone and 50% of groceries.

We are now in semi-retirement mode and have cut advertising and require a 2-night minimum on weekends Thursday through Sunday. Less strict policies,  hotel-like cancellation policies, and using OTA’S (online travel agencies) like Expedia.com, BedandBreakfast.com, Bookings.com would likely increase business and gross income. We always controlled the income and were happy with our earnings.

Sellers:  Dawn and Gary Bahr, 1090 Severson Road, Belleville, WI 53508 –  Phone 608-424-6340

CALL REALTOR NOW! 608-444-2900   ALEX WEBER OR ERIC GROVER,  FIRST WEBER GROUP, WILDLAND PROPERTIES TEAM

CONSIDERATIONS:

PROPERTY TITLE AS:

Gary L. Bahr and Dawn C. Bahr, as Co-Trustees of the Gary and Dawn Bahr Revocable Trust U/D/T dated January 19, 2018.

ELECTRONIC OFFER & OTHER FORMS MAY BE REQUIRED IF WE LIST ON MLS.  Allow at least 10 days for seller’s attorney to review an offer.

RADON SYSTEM has been installed in recent years (about 2018 or 2019)

SELLERS would be interested in renting the back part or 1994 addition while building their new home.

DEPOSIT: An additional $200,000 non-refundable deposit is required 30 DAYS PRIOR TO CLOSING if the seller is required to move out before closing.

BUYER TO ASSUME MFL (MANAGED FOREST LAND) CONTRACT.

SHARED DRIVEWAY AGREEMENT APPLICABLE TO NEIGHBOR & TO ANY OTHER DIVISION OF PROPERTY.

If the property is split, a timber harvesting easement would be required along the West boundary and part of the North boundary to the 70 back acres of hardwoods to allow for future harvesting of the timber.

SEPTIC EASEMENT IF APPLICABLE: A current septic agreement is provided to a neighbor just South of the Pond and home/inn.

THE ROOF:  Roof is in very good condition and likely to last to 2028 and beyond. Roof is steeper than usual and should last longer than usual.