The Property Use it as a qualified income producing purpose, or just land bank it and use the rent from the current farmer to pay taxes and routine mowing and trimming. They do not make any more land.
The Property is a single parcel in Chester County PA, consisting of land in Newlin Township and West Bradford Township to be sold together: 1) Chester County tax parcel 49-1-18.2C 97.23 acres, and 2) Chester County tax parcel 50-7-1 39.5 acres. There are two tax parcel numbers because the township line divides the property. This is a total of 136.73 acres. There are two reserved home sites. Agricultural buildings can be built on the preserved land. Equestrian facilities are agricultural buildings. The current real estate taxes for the Newlin parcel are $702.20 per year and for the West Bradford parcel $90.14 per year. YES, those are the real tax numbers. The low taxes are the result of Act 319 “Clean and Green.”
Two home sites have been reserved, one overlooking the Brandywine, and the other with private forest and field views. Both sites are within the award-winning Unionville Chadds Ford School District. The sites may each have an apartment for help of family.
Commercial Equine Activities are specifically PERMITTED
An additional residential structure is permitted at each home site for the housing of persons employed in farming activities of as a home for a family member.
See https;//eastlayfarm.com for more details
The land may be subdivided for the two home sites.. The full conservation easement is available upon request or go to the Recorder of Deeds site. the document is at Book 9964, Page 143 https://chesterpa.countygovernmentrecords.com/ChesterRecorder/web/splash.jsp
- Province / State: Coatesville, PA
- City / Town: Newlin Township
- Postal code / ZIP: 19320