Listed by Jason Senior and Harlan Beagley from COLDWELL BANKER DEVELOPAC REALTY

2529 Rasselas Road, Wilcox, PA, 15870

$4,800,000

13982760 sq. ft.

Land

30+ days on the market

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About this property

LAND FOR SALE / Free Gas --This extraordinary property for sale in Elk County, Pennsylvania, encompasses an impressive (approx), 321 deeded acres, and borders more than 6, 000 acres of land open to public hunting. The property also includes a 30-acre adjoining oil and gas lease. The ranch is currently operational and includes an active oil and natural gas business, with 90+ shallow producing wells of premium Pennsylvania crude and natural gas distribution lines. Additionally, 2 new wells are drilled and ready for completion. The landscape is a picturesque mix of approximately 200 acres of open cleared land, rolling hills, and a striking 120+ acres of wooded timber, creating a stunning backdrop for both work and leisure. Four fresh-water ponds provide a consistent and natural water source crucial for oil exploration, and livestock and wildlife hydration. The natural water sources support the lush vegetation and ensure the land remains fertile and productive. The property has 25 buildings including a newer hunting camp, multiple residential homes, equipped with modern amenities, natural gas heat, providing comfortable living quarters for families and staff. For potential agricultural and cattle opportunities, the ranch includes barns and sheds, perfectly suited for livestock shelter, equipment storage, and hay storage. The property is also equipped with 3-phase electricity and is suitable for light manufacturing and data centers. The New York Energy electric grid as well as Eastern State natural gas pipeline and the railroad traverse the cleared area of the property. An engineered survey of all parcels was recently prepared. In addition to its oil production and agricultural prowess, the property is a haven for wildlife enthusiasts. Abundant wildlife, including whitetail deer, wild turkey, and black bear roam the land, offering excellent hunting opportunities and enhancing the property's recreational value. Their natural habitats are nestled in these 321 acres, ensuring a healthy and thriving ecosystem. Infrastructure on the property includes essential utilities such as water, electricity, and 75 miles of maintained access roads, facilitating daily operations and ensuring a comfortable living experience. For agricultural endeavors, the extensive open pastures provide ample grazing space, ensuring that livestock thrive in a healthy and expansive environment. The panoramic views of the surrounding landscape, wooded areas, and open fields make this property a true gem of the Pennsylvania commonwealth. Whether you are looking to expand your oil pumping operations, business activities, or seeking a serene retreat surrounded by natural beauty, this property offers an unparalleled blend of functionality and charm. Location: 1-hour drive north of Dubois and 25 miles south of Bradford Features: Perfect habitat for whitetail deer, bear, fox, upland game birds, and turkey 25 buildings: shops, barns, homes 75 miles of good interior roads through property for easy access Multiple cleared areas and hay fields throughout property Open pastures for livestock or new building OGM rights convey, based on offer. Natural gas heat to buildings, and major electricity grid and natural gas transmission lines. Hunting camp and elevated hunting stand located on the property The property is located in a very active development area for the twenty-first century. Within a 10-mile radius, a 600-acre solar farm is being constructed by Amazon; cryptocurrency/supercomputers sites operate, and Marcellus and Utica shale drilling continue. The surrounding area hosts the U.S. Army Corp of Engineers and has many active businesses which support these industries, from stone/shale, OGM and farm suppliers, trucking needs, heavy equipment, banking, an experienced workforce, and shipping routes. The area has a 100-year history of growth in the energy sector and supports traditional as well as renewable energy exploration. The county also hosts approx. 50 powdered metal fac

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