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175 Poplar Springs Road
Cascilla, MS 38920
Thomas N Smith with Tom Smith Land & Homes, original listing - (601) 898-2772
$4,900,900
Conventional
Property
Bedroom
--
Bathroom
--
Property Type
Conventional
Square ft
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Property Description
Located atop Loess Bluff in Cascilla, Mississippi, this magnificent property features a 9,000-square-foot lodge perched on a 350-foot high bluff overlooking the Mississippi Delta in Tallahatchie County. The lodge was constructed in 2009 from cedar and cypress and includes 14 private suites, each with a full bathroom. With its double-sided massive stone fireplace, the great room serves as the centerpiece for entertaining, offering scenic views for you, your family, and your friends.The commercial-grade kitchen is a chef's dream, equipped with stainless freezers, ovens, gas burners, fryers, and more. Upstairs, two spiral staircases lead to media, workout, and bunk rooms, with space for a kids' play area. Vaulted beam ceilings, a mudroom, and a full bath add to the lodge's charm. The covered front porch provides stunning views of the Delta, and the firepit area is perfect for cool nights under the stars. Outdoors, the lodge features ten covered parking spaces, unlimited parking in the lodge lot, a 2,400 square-foot barn with water, and fuel cells, a workshop, and an enclosed skinning shed with an insulated cooler and A/C. There are also two breeding pens (or goat pens/large garden), each with water, enhancing the property's versatility. The Poplar Springs Ranch consists of approximately 725+/- acres of primarily hardwood timber with some mature pine mix, featuring an impressive volume of white oaks. An extensive road system provides access to all points of the property, which includes 30 established food plots, many with shooting houses, all of which remain with the property. The property is fully enclosed with a 6-mile, ten-foot high game fence and includes two ponds and an outstanding bass fishing lake.The property includes a 20+/- acre duck impoundment, which has two box stands and abuts thousands of acres of agricultural land, offering prime duck hunting opportunities. This impoundment is approximately three miles from the lodge.Modern amenities include a helicopter pad meeting all FAA requirements, 1 Gig fiber internet at the lodge and barn, an advanced smart security system with surveillance cameras, smart Wi-Fi locks on exterior doors, Google Nest Wi-Fi thermostats allowing control from anywhere, and an advanced entry gate operator with cellular and Wi-Fi controls.Poplar Springs Ranch offers everything you could desire: trophy deer, turkey, ducks, small game, fishing, hiking, and trail riding. It is perfect for family enjoyment, hunting hideaway, wedding venue, or a corporate retreat. Schedule your private showing to explore this exceptional property!
Property Information
Lot Size
874 acre(s) square ft
Property Type
Land-Other
Year Built
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MLS Number
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Location
Address
175 Poplar Springs Road
City
Cascilla
State
MS
Zip Code
38920
County
TALLAHATCHIE
Listing
Name
Phone
(601) 454-9397
Office Name
Office Phone
(601) 898-2772
Agent Name
Thomas N Smith
Agency Phone
(601) 898-2772

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.