GENEVA TOWNSHIP — The bucolic horse farm at the intersection of highways 67 and 50 just north of Williams Bay has been a landmark for years.
Now, the equine boarding farm known as Stable 67 Country Horizons is up for sale, with a price open to the highest bidder.
The real estate firm Transwestern is handling the sale, with Shaun Dempsey of Milwaukee as the listing agent.
According to the prospectus, (Download HERE) the selling price is subject to an offer, but locals estimate the price to be somewhere around $12 million or more. Tax records list the estimated fair market value at $1,473,400.
The 119.53 acres of prime development land at N3010 Wisconsin Highway 67, represents an outstanding investment opportunity due to its prime location, substantial acreage and versatile development options, according to the seller.
Tax records list Bonamarte Farm LLC as the owner.
The property is offered for sale outright, or the owners are willing to consider a joint venture scenario with a developer whose vision maximizes the potential of the land.
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Due to its proximity to Geneva National, the Mercyhealth Hospital and Medical Center, a busy retail corridor, sought-after residential housing, and financially flourishing business owners and neighbors, this land has a wide range of use cases with a high probability of success, according to the prospectus.
Tourism combines with expanding residential and commercial developments to create a thriving live-work-play environment in Lake Geneva.
The area offers nature-focused attractions thanks to the 21-mile Geneva Lake shoreline, and it also benefits from a local government supportive of a wide range of local businesses and industries.
Aside from leisure and hospitality, Walworth County has a talented workforce in the manufacturing, health, and education sectors, creating a strong, diverse economy.
