3150 Highway 2
About This Property
At the heart of the ranch lies the Daniel Springs Group, seven natural springs with docks for canoeing and kayaking just steps away. Days here unfold at their own pace: mornings in the deer stand, afternoons paddling the springs, and evenings gathered around the stone fireplace in the lodge's great room with family and friends.
Everything is in place to start enjoying it right away. Along with the rustic lodge, there's a caretaker's home, four guest cabins, RV sites for visitors, covered outdoor kitchens and pavilions, and open fields made for gatherings. Established food plots, blinds and tree stands are spread across a mix of pine and bottomland hardwood that holds deer, turkey and quail.
Beyond the recreation, the land itself is a lasting investment. More than 900 acres of planted loblolly and slash pine grow on a high-quality site that a forester's assessment rates in good condition and well suited for timber production. The stands are staggered in age, from 235 acres of mature 30-plus-year-old slash pine to younger loblolly building value for the future, creating a natural harvest rhythm for years to come. Another 423 acres of bottomland hardwood, laced with ponds and streams, provide rich habitat for wildlife.
Convenient to I-10 and US 231 yet a world away, Lily Pad Ranch is a rare legacy property, made to be enjoyed today and passed down for generations. A full timber report and stand map are available upon request.
For lily pad. Excellent Trophy Deer & Turkey Hunting.
Can be made into a quail hunting plantation.
Timber Info available upon request.
Multi use income property for weekend and year round enjoyment.
Conveniently located to I-10, US 231 and the major cities in SE AL, SW GA and NW FL.
In total, there are 7 known springs included in the Daniel Springs Group. Collectively, the average discharge of all the springs is 13.34 cfs, which makes them a second magnitude spring group.
Timber Info available upon request.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 19, 2026 | Listed by Crosby & Associates, Inc | $7,900,000 | |
| Listed by Crosby & Associates, Inc | |||
| Sep 20, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017