Home/Auctions/ONLINE ONLY MAGNOLIA, MS SOUTHERN ESTATE WITH UNLIMITED POTENTIAL AWAITS YOU!- SEPTEMBER 28TH @ 6 PM CT
ONLINE ONLY MAGNOLIA, MS SOUTHERN ESTATE WITH UNLIMITED POTENTIAL AWAITS YOU!- SEPTEMBER 28TH @ 6 PM CT
Magnolia, MS Estate Auction
This unique estate offers endless possibilities. This professionally managed 47-acre property is located east of Magnolia, Mississippi is in the heart of the south. As you enter the grand entrance, you’ll be greeted by a stately southern mansion that sits atop a hill overlooking the western lawn.
The property is perfect for hosting lavish events with a covered pavilion, an Olympic-sized pool, a poolside cabana, and ample space for entertaining guests. The 10-stall barn is perfect for horse enthusiasts and features an LED-lit riding arena, while the stocked ponds offer the perfect setting for fishing enthusiasts. Plus, a 3-bedroom 2 bath guest house offers you your privacy.
One of the most notable features of this estate is the potential for oil drilling, as it sits on the marine shell play. According to the previous owner, LSU shows that there are approx. 7 billion in reserves in the Marine Shell Play marking it an attractive investment for those looking for potential future gains. 50% mineral rights will convey with geological studies in hand, and a mineral report available. The land has never been used for commercial purposes.
The owner's willingness to sell adjoining parcels that include river frontage, managed timber, multiple houses, stocked ponds, and multiple commercial parcels that front Highway 48 and Union Church Road. This means that the potential uses of this estate are limited only by the imagination of the new owner.
Overall, this property offers a unique blend of luxury and functionality. Whether you're looking for a quiet retreat, an extraordinary bed and breakfast, a corporate retreat center, or a wedding venue that wows, this estate has something for everyone. Don't miss out on this once-in-a-lifetime Opportunity. Bidding ends on September 28th 6pm CST. Visit 1010 Union Church Rd, Magnolia, MS.