WOLF LAKE FARM
Wolf Lake Farm
~Executive Farm Residence~
Mark Harvey Smith Real Estate
www.markharveysmith.com
Mark H. Smith, Real Estate Broker
752 Rebecca Avenue
Pittsburgh, PA 15221
412.585.2227
mark@markharveysmith.com
Do you dream of starting your own business ?
What about owning several businesses ??
The opportunities are all here at "Wolf Lake Farm" to build your future upon !!!

Diversify your income centers,
Create a wealth of income opportunities for yourself.....your family.....your future
Live here surrounded by all of this beauty.....
Some ideas to get you thinking:
2 Chicken Coops
PERFECT to

Raise & Sell
Chickens, Turkeys,
Geese, Eggs
Glenn Cook Real Estate
www.GlennCook.com
Donald N. Kramer, Real Estate Broker
115 S. Market Street
Ligonier, PA 15658
724.238.6881 ext. 14
dkramer@GlennCook.com
  • CREATIVE OWNER FINANCING AVAILABLE !
(for qualified buyers)
  • FARM COUNSELING AVAILABLE !
Almost completely

"OFF-THE GRID"
LIVING !!!
...with...
Free Natural Gas
Free Water

MINERAL RIGHTS
ARE included in Sale
SEE BELOW
Mark Harvey Smith Real Estate
co-brokering with
Glenn Cook Real Estate
proudly present
"Wolf Lake Farm" New Alexandria, Pennsylvania
Executive "Organic" Farming
"THE HOUSE"
~~~Wolf Lake Farm~~~

65.5 Acre Farm with 27 fenced 'Organic'
pastures.
Historic cut-stone farmhouse on 4 living levels.
Executive Office Barn with tri-level loft offices,
4-car garage, workshop and farm storage.
2 chicken houses.
Orchard with fruit & nut trees.
Lake on 2-acres.
5 Bedroom, 3 Bath Farmhouse
PERFECT for

Bed & Breakfast
Vacation Lodge
Your "Home"
Loft Office Barn
PERFECT for

Business Offices
Art Studios
Retreat Center
Music Studio
Wedding Receptions
Banquets
Catering
Theater & Playhouse
Restaurant
65 Acre Organic Farm
with 27 fenced &
watered paddocks
PERFECT to

Raise & Sell
Livestock
Farm Vacations
Petting Zoo
Horse Boarding
Farm Vacations
"Welcome HOME"
A WORD ABOUT MINERAL RIGHTS:

The gas wells were drilled by T.W. Phillips and PC Exploration, both companies that are locally owned by the Phillips family who are a
large regional gas producer.  All of their wells are "shallow wells".

There are 2 producing shallow gas wells on the property.  There are currently no plans to drill additional shallow wells on the property
as there is no way to get 1,000 feet between the existing wells and the neighbor's wells and fit another one onto this property.  

Should the gas company decide to drill a Marcellus (deep) well then the property owner has the right to approve the site selected and
would receive a 1/8th (one-eighth percent) royalty from any gas produced from such a deep well.  It is hard to imagine that this
property is suitable for a deep well as the gas companies prefer a minimum site of 600 acres for drilling a deep well.   

Phillips controls the Marcellus gas by virtue of their lease on the property.  Their lease runs in perpetuity because they have drilled a
well on the property.  They can drill a Marcellus well (unlikely) or they can sell the deep gas to another larger player that is drilling for
Marcellus gas (more likely).  If there is drilling for deep gas, the new owner would get a 1/8th royalty on the gas produced.  

Any signing bonus would go to Phillips as they are the lease holder and any royalty above 1/8th would also go to them since they are
the lease holder and free to do what they want with the lease.  The new owner has no say what-so-ever as to who drills or if anyone
drills for deep gas and neither do the sellers or the buyers of this property.  

If there is any serious drilling in the Marcellus in southwestern Pa. then Phillips may possibly sell all of their considerable leases to a
larger company such as Chesapeake or an XBO which are huge international gas companies.  Phillips is too small to play this game.  
There is presently some concern that all of this Marcellus frenzy is just a chance for "big gas" to inflate their "proven reserves" and
run up their stock price.
Wolf Lake Farm

Has unlimited uses and
possibilites.....consider.....

Antique & Refinishing Business
Art & Sculpture Center
Architects Office
Bed & Breakfast
Camping & Hiking Grounds
Children's Zoo
Engineering Office
Farm Vacations
Horse Riding & Boarding Stables
Hunting & Fishing Lodge
Music Studio & Business
Outdoor Recreation
Restaurant & Picnic Area
Retreat Center
Software Engineer Offices
Theater & Playhouse
Veterinarians Office
Wedding Receptions
& Your Home
.....use your imagination.....
Wolf Lake
2 Acre private Lake
PERFECT for

Fishing
Swimming
Canoeing
Water Recreation
Outdoor Fun
Young Organic Orchard
PERFECT to

Harvest & Sell
Fruits and Nuts
"WOLF LAKE FARM"

For Sale

Conveniently located only forty minutes east of Pittsburgh, Pennsylvania and nestled between two
secluded hillsides on 65 acres, this historic 1820's, cut stone, 5 bedroom, 3 bath farmhouse, that was fully
"Builder Restored", combines approximately 2,000 square feet on four levels, in a beautifully updated
interior and ALSO includes a stunning four story barn, converted into 2,300 square feet of living space,
finished into three loft-offices, a four-car garage, a huge workshop, two half-baths and storage that could
easily become a second home !!

Linger on the home's huge front porch with a breathtaking view of the private lake or relax on the back
porch and enjoy the wonderful fruit orchard featuring apples, peaches, pears, plums, cherries, walnuts
and hazelnuts.

Beautiful hardwoods of cherry, walnut, oak and hickory are seen throughout this home in the floors,
original staircase, doors, mantle, trim molding and kitchen cabinets.

There are two water wells on the property, one each for the house and the barn.  A gas well provides
FREE NATURAL GAS for the cooking and heating of both The House and The Barn.

"Wolf Lake Farm" has been a working, grass based "Organic" farm for many years, following organic
farming practices, raising cattle in 27 fenced paddocks, set upon 40 acres of the total 65 acres, along with
chickens in two large chicken houses.

We'd LOVE to show you this property......!!!
~Executive Organic Farming~
List Price:  $975,000
~Owner is anxious  to move
to their new, bigger farm -
.....make an offer~
MINERAL RIGHTS:  
The sellers will retain royalties being paid for the two
active wells on the farm. All other mineral rights would
convey to the buyer.  
This includes up to 350 MCF of free gas, coal rights, and
the rights to Marcellus shale gas reserves.
Thinking about relocating to
the Pittsburgh area?

Click "Relocation" button
for more information about
Westmoreland County & the Pittsburgh region.
65.5 Organic Acres
PERFECT for

Retreats
Outdoor Festivals
Music Concerts
Art Shows
Camping & Hiking
Hunting Lodge