Condo $ 285,000

16 Farmstead

Galena, IL 61036

  • 3 Beds
  • 3 Baths
    Full Baths: 3
  • 1,744 SqFt
  • - Year Built
Welcome to this exceptional end-unit 3-bedroom Farmstead in The Galena Territory—offering a rare opportunity to step into a fully furnished, thoughtfully updated, and truly turnkey property with an active guest accommodations license. This home has recently undergone an extensive refresh, with attention to detail in every corner. The current owner has gone all in—replacing all bedding, mattresses, and protectors, removing popcorn ceilings, painting the entire unit, and updating furnishings throughout with new couches, chairs, and TVs. Every space has been carefully curated to enhance both comfort and guest experience. Designed with today's traveler in mind, this property is set up as a family-friendly rental, complete with high chairs, gates, and thoughtful touches that make hosting effortless. From smart thermostats and new curtains to alarm clocks and sound machines, no detail has been overlooked—creating a stay that guests remember and return to. The spacious deck offers a peaceful outdoor escape, perfect for enjoying the surrounding nature, while two wood-burning fireplaces add warmth and charm inside. Even better—this is not just a property, it's a fully operational system. The seller is exiting the rental space entirely, making this a seamless transition for the next owner. The VRBO account can be transferred, complete with multiple reservations already booked through the summer—offering immediate income potential from day one. Located within the Eagle Ridge Townhouse Association (ERTA), the monthly fee of $375 covers exterior maintenance including siding, roof, decks, chimneys, grounds, snow removal, parking, and trash—allowing for low-maintenance ownership. The Galena Territory Association ($1,404 annually) provides access to top-tier amenities including a clubhouse, indoor and outdoor pools, pickleball and basketball courts, trails, and more. Just minutes from historic Galena, and surrounded by four golf courses, a fishing lake, Shenandoah Riding Center, and endless recreation, this property offers the perfect balance of relaxation and activity. Whether you're looking for a personal retreat, an investment property, or both—this is a rare opportunity to own a fully dialed-in, income-producing home in one of the area's most desirable communities.
Listed by Danielle Cline of DC Rise Real Estate

PROPERTY DETAIL

  • Key Details

    Property Type Condo

    Sub Type Condominium

    Listing Status Pending

    Purchase Type For Sale

    Square Footage 1, 744 sqft

    Price per Sqft $163

    Subdivision Il

    MLS Listing ID 202601769

    Style Townhouse

    Bedrooms 3

    Full Baths 3

    HOA Fees $375/mo

    Annual Tax Amount $4,246

    Tax Year 2024

    Property Sub-Type Condominium

  • Location

    State IL

    Area Jo Daviess County

  • Rooms

    Family Room Yes

    Basement Full

    Primary Bedroom Level Upper

    Dining Room Yes

  • Building

    Sewer City/Community

    Water City/Community

  • Interior

    Interior Features Ceiling Fan(s), Ceiling-Vaults/Cathedral, Window Treatments

    Hot Water Electric

    Heating Baseboard

    Cooling Central Air

    Fireplaces Number 2

    Fireplaces Type Both Gas and Wood

  • Exterior

    Exterior Feature Cedar

    Parking Features None

    Roof Type Shingle

  • Schools

    Elementary Schools Scales Mound

    Middle Schools Scales Mound

    High Schools Scales Mound

    School District Scales Mound

  • Others

    Ownership Fee Simple

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CONTACT

Chris Watson
Chris Watson

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