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Own a mine along with your recreational property! This 220 acre m/l property is located in Saxon Township in Iron County, Wisconsin. There is just under a mile of road frontage on State Hwy 122 and the property is located in and around the Gogebic Mountains. It is close to Saxon Harbor on Lake Superior and just to the south is the Whitecap Mountain ski and recreation area. Frieberg Creek flows through property and empties into Lawrence Creek, both of which are trout streams. Located on the summit on the north end of the property is an insulated/heated hunting or recreation cabin in like new condition. There is also a storage shed and permitted outhouse. A select cut was made on the property in 1999. Large cedars and other large conifers have been left including a very nice state of larger red oaks. On this old farm are many apple and fruit trees. There is an old falling down house and an old barn wall where the old homestead had been. Between these two areas is a drilled 6" steel cased, capped well. Wolves and elk pass through the area and there are a number of logging roads in place. What makes this property unique is that it has a DNR mining permit for a non-metallic mine (gravel and rock). The base rock is basalt and the overburden is glacial till. An estimate is 1610 yards per acre at a one foot depth. Make the calculations! Whether you plan on mining, getting together a hunting club, or building your future estate, check out this unique property. List Price: $1,050,000.00
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