How much money would it cost to buy a house on 5 acres? As with most answers in real estate, it depends. Whether you get three bedrooms or four, two bathrooms or 2.5, it's usually not about the square footage of the house, but where it's located. To get a feel for regional price differences, we've gathered 5-acre estates currently on the market across the country, viewable in the slideshow below. (The pool at right is at the home in Lake Placid, Fla.)
In Shingle Springs, where the median home value is $352,100, a custom five-bedroom home surrounded by mature oak trees is on the market for $1.95 million. The 5-acre lot also includes a covered outdoor kitchen, nine-hole putting green, equestrian amenities and a pool.
This gated, equestrian estate located midway between Tampa and West Palm Beach was custom-built with high-end finishes throughout. Perhaps most luxurious is the home’s resort-style pool with a swim-up bar, grotto and 70-foot waterslide. The property also has riding trails with room to build a barn and turnout area.
An hour south of Seattle is Olympia, the capital of Washington, where you can feel like you’re living in a scenic rural setting. Surrounded by green grass and tall trees, this Pacific Northwest retreat has five bedrooms and 3.75 baths. Using Zillow’s mortgage calculator, a buyer can expect a monthly payment of around $2,509, assuming 20 percent down on a 30-year-fixed mortgage.
This farmhouse in upstate New York is located about 1.5 hours north of Manhattan and features 4.87 acres of pastures, perennial gardens and pine trees. A barn is suited for horses but could also be converted into a garage or studio.
This 4,631-square-foot estate on five acres goes for less than $400,000, but is far above the Clarksville median home value of $127,800. The home is a newer construction built in 2005 and features a wet bar, his-and-her closets, a large master bathroom and ample storage space.
With a wrap-around porch, this Pickett, WI home is full of character. Located between Madison and Green Bay, the home sits on 5 hill-top acres with four bedrooms, 1.5 baths and a partially finished basement.
This Taylorsville home offers contemporary living in the country. Recently renovated with new paint, carpet, appliances and other upgrades, this 2001 construction has spacious living areas, a patio and large deck.