$390,000
3 Bed · 1 Bath · 1,573 Sq Ft
Rare acreage with outbuildings—ideal hobby farm or agritourism project
3
Beds
1
Baths
1,573
Sq Ft
1955
Built
4.46 acres
Lot
Stand back from the road and take in the wide-open agricultural views that define this 4.46-acre parcel on Morgan Mill Road. The 1955-built, 1,573-square-foot home sits comfortably on land framed by open fields on both sides—a setting that immediately suggests possibility: small-scale farming, a you-pick operation, or a thoughtfully restored country residence.
Inside, the house wears its vintage era honestly. Original bones and sturdy construction make this a renovation-ready opportunity for buyers who value character over cookie-cutter finishes. Three bedrooms and a single full bath provide a practical footprint for day-to-day living while offering room to reconfigure or expand. The living areas are proportioned for family life and gatherings; with selective updates the home can keep its classic identity while gaining modern efficiencies.
Behind the house, multiple barns and storage sheds supply rare functional infrastructure for equipment, livestock, workshops, or storage. Those outbuildings transform the acreage from mere land into an immediately usable homestead: plant rows, raised beds, animal pens, or a boutique flower or berry operation could be staged quickly using the existing structures. For a buyer with an entrepreneurial bent, the property reads as a launch pad for agritourism or seasonal sales.
This parcel delivers both privacy and visibility—close enough to town for errands yet shielded by neighboring farmland. For buyers seeking a lifestyle pivot—less commute, more soil—the combination of acreage, durable mid-century home, and existing outbuildings is hard to replicate. Whether you renovate and live on-site, lease the land for agricultural use, or build an income-producing farm concept, 5803 Morgan Mill Rd offers a versatile canvas with valuable, usable infrastructure already in place.
This parcel sits within the rural edges of Monroe where agricultural fields and low-density homes define the landscape. Residents enjoy the slower rhythm of country living while remaining within practical driving distance of town services, schools, and shopping. The area attracts hobby farmers, equestrian owners, and buyers seeking land and privacy. Local character is defined by working farms, seasonal crops, and a community oriented toward outdoor, land-based activities.
This listing’s pricing aligns neatly with the valuation midpoint of $390,000 derived from sales-comparison methodology; the estimate range runs from about $374k to $405.6k with a calculated price-per-square-foot near $248 and a confidence score of 0.65. Market data specific to acreage properties in Monroe is limited in the available research, so buyers and investors should focus on the property’s niche strengths: usable outbuildings, nearly five acres of planted potential, and the rare combination of privacy plus proximity to town. In many suburban/rural fringe markets, land-equipped parcels command a specialty buyer pool—horticultural entrepreneurs, hobby farmers, or buyers seeking immediate infrastructure—and those listings often see brisk interest when priced competitively. With the broker list price matching the valuation midpoint, this property represents a straightforward entry point for both an owner-operator and a value-oriented investor. Given the property’s unique profile, comparables should weigh heavily on recent acreage sales and functional improvements rather than only per-square-foot metrics.
Low
$374K
Midpoint
$390K
High
$406K
$248/SF estimated price per square foot
Derived from listing page structured data
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Market data is based on aggregated public records and may not reflect real-time conditions.
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