Discover a rare opportunity to own two incredible properties totaling approximately 40 acres along the beautiful Wolf River - perfectly suited for a wide range of possibilities. Presently a private family compound including 2 separate homes with older parents close by... or could be a fun friends retreat for weekends enjoying what the outdoors has to offer!! Many other possibilities - a prepper's retreat, generating rental income, or developing a business venture like an RV resort, wedding venue, Airbnb destination, or hunting camp - this unique offering delivers unmatched potential. This featured property, listed for $750,000 (recent appraisal is $830000), is being offered in conjunction with the neighboring property at 10130 Road 307 (listed separately for $525,000). Together, these properties provide a versatile and expansive setting with valuable infrastructure already in place. On-site improvements include two spacious homes, a 30 x 50 three-bay garage/workshop, a very impressive 5,400 square foot barn with ample storage on two floors. The property also features a charming pavilion and RV carport overlooking a large, stocked pond - ideal for family, friends or church gatherings, events, or just relaxing outdoors. A one-bedroom one-bathroom guest house provides additional flexibility for visitors or rental use. For those interested in homesteading or agricultural pursuits, the land includes three large fenced areas suitable for pets, livestock, or gardening, along with a dedicated potting shed as you enter the property. The layout and natural features of the property make it equally appealing for residential enjoyment or future development opportunities, including the potential for a subdivision. With river frontage, ample acreage, and a wide range of existing structures, this property truly offers exceptional value and versatility - plenty of ''bang for your buck.'' Located just off Highway 53 in Perkinston - very easy access to Highway 49 and I-10. This larger home features approximately 3,343 square feet of wide open living and situated on 30 beautiful acres with large trees scattered thru out the entire property. Home is very inviting with wrap around porches - both front and back - high ceilings, and tons of windows overlooking the property. Large downstairs master bedroom suite plus two large bedrooms upstairs, and also includes a separate guest area above the garage with a private entrance. Very open kitchen, tons of cabinetry, large island open to large family room and dining area, lots of storage, very light and bright... home has everything you would want!! Also included in the amenities is an above ground pool! Really need to see this property as well as the additional home that sits on 10 acres to appreciate this property and see what it has to offer!! If you or someone you know might be interested, please share this opportunity. The Sellers are motivated, as they are looking to move to North Alabama soon.