Opportunity knocks in midwestern Ontario with this expansive 47-acre property located just outside Mount Forest. Combining active agricultural utility, natural beauty, and historical home character, this parcel stands out as an excellent option for first-time buyers seeking a rural property. It offers a scale and freedom that urban markets cannot match.The classic 1,600 sq ft farmhouse features a structurally solid frame and serves as a rewarding update project. The traditional two-storey layout contains 5 spacious bedrooms and 1 bathroom, providing a functional footprint for families or rental spaces. A standout feature is the 9-foot ceilings on both the main and second floors, creating an open, airy feel that modern renovations will quickly elevate. Recent mechanical upgrades include an oil furnace featuring a newer fuel tank installed within the last two years. The residence is serviced by a drilled well and a septic system (DISCLOSURE,sold as-is, no weeping bed present).The exterior features versatile acreage suited for hobby farming or agricultural expansion. Approximately 23 acres are workable land, currently under an active lease with a local farmer who will harvest the current crops. The remaining acreage features direct frontage along the Saugeen River, adding recreational appeal. For those requiring a larger footprint, this 47-acre parcel is available on its own or can be purchased together with an additional 20 acres located directly across the road.Located minutes from local small-town amenities, the property sits very close to Pike Lake, granting quick access to its popular 27-hole golf course, private beach, swimming, and dining facilities. This location blends country utility with excellent regional lifestyle amenities. 20 Acre parcel across 89 also listed for sale and can be sold together or separately. (X13249034) (id:24093)