Unique opportunity to purchase a large tract of land (140 acres) in a prime location which has all of its subdivision rights intact. Serene natural environmental featuring: 35 acres of tillable land, over 100 acres of mostly mature forest with limited undergrowth, 3 running creeks, wildlife galore. This property is a blank slate available to make your dream come true - possibilities include: keep it as a large private estate, establish a family compound, or subdivide into rural estate lots. The property is zoned Agricultural and has eight conventional subdivision rights (10 "agricultural cluster" subdivision rights). The property qualifies for several land preservation programs under which owner can forfeit some (or all) subdivision rights and receive funding from state and/or county. Currently the property has one fully approved home site (an approved septic area and an existing well). The property received perc test approved for 4 ADDITIONAL (total of 5) septic areas (each able to support a 4 BR home) in 2006 but the additional septic areas will have to be re-approved. The perc test approval letters are posted in documents. Nice views from several possible home sites. GREAT hunting land. Convenient location: 4 mile drive to Mt. Airy retail and commercial areas; 4 mile drive to I-70 interchange at MD 27; 20 minute drive to historic downtown Frederick. Property currently assessed for one SF home and no ag transfer tax due if property use isn't changed. Buyer responsible for any ag transfer tax due if property is developed beyond one SF home. Buyer responsible for all due diligence including verifying potential subdivision.