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$12,000,000

Beds
8
Baths
7.0
sq ft
21,000

6424 Brackett Rd, Williamsburg, MI 49690

6424 Brackett Rd

Acme Twp, MI 49690

  • 14 days on market
Luxury six acre gated equestrian estate adjacent to Flintfield's Horse Park, home of Traverse City Horse Shows. The property, known as Pinecone Farm, was completed in 2024 with no expense spared. Thoughtfully designed by equestrians to maximize the six acre parcel including: a main barn with 4 bedroom, 3.5 bathroom residence above, an auxiliary barn with 4 bedroom, 2 bath staff accommodation above, 250'x150' GeoFiber Riding Ring, GeoFiber longing ring and paddocks. The 11,875 sq ft main barn has twenty-four BarnWalker stalls with bamboo walls and stainless top rails and individual water fillers. The stalls are split between two wings, each with its own tack room and storage, ideal for renting. There are four wash stalls (two outdoor and two indoor) and four grooming stalls with custom cabinetry. The spacious viewing lounge overlooks the ring with plenty of space for indoor and outdoor entertaining. Lounge has a half bath, refrigerator, custom cabinetry and large covered porch. Across is a laundry room/break room with refrigerator and storage. The main tack room has integrated storage cabinets and there are multiple other storage rooms including adjoining hay and feed rooms with easy outdoor access for loading and unloading. The details of this facility from the custom woodwork and cabinetry to the oversized steel and glass doors must be seen to be appreciated. The owner's unit is accessed through a private entrance with dumbwaiter. It offers exceptional views over the ring and countryside from both the master bedroom and covered viewing deck. The auxiliary barn has extra-height garage doors to accommodate RV's, golf cart charging wall and is wired to add additional temporary stalls. Outside, you have two RV hookups and fully irrigated yard and paddocks with underground storage tanks for drainage. The property has two gated entrances from both Brackett Road and Arabian lane and a gate for horse and golf cart access just steps away from the showgrounds.

Details

Property type

Single Family Residence

Est. home value

$919,287

Property condition

New Construction

Lot size

6.00 acres

Price per sq ft

$572

Year built

2024

Price History

09/03/2024
Realcomp

Realcomp #78080050241

Listed
$12,000,000
+1295.35%
03/31/2021
Realcomp

Realcomp #79001204971

Sold
$860,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Traverse City

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$10,984,707
Asking price
$12,000,000
Closing costs (~8% of asking)
-$960,000
Est. remaining loan balance
-$55,293
Cash to seller
$10,984,707

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Lake Michigan Credit Union

Loan start date

April 2013

Original loan amount

$75,000

Est. remaining balance

$55,293

Interest rate

3.56%

Loan type

Not Provided, 30 year

Seller

Paula S Oleson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 09/18/2024 at 12:15 AM

Listing updated: 09/06/2024 at 7:01 AM

Listed by: Audra Jackson, Phone #: (231) 264-9833

MLS: Realcomp #78080050241

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