Located at 14937 SW Thunder Rd in Augusta, Kansas, this spacious 4-bedroom, 3-bathroom home sits on 4.2 acres of land and presents a unique opportunity for buyers with vision and resources. Built in 1960, the home offers 1,743 square feet of interior space, including a detached garage large enough to fit three vehicles and several outbuildings that could serve as additional storage or workshops.
The property also features a wood deck, a concrete patio, and a fenced yard, with enough room for horses or other livestock. With an irregular lot shape and open outdoor areas, it has the potential to be turned into a peaceful homestead or rural retreat. The interior layout includes laminate and carpeted flooring, a large open kitchen and dining area, and a separate living room, providing ample space for both everyday living and entertaining. Appliances such as a refrigerator, range, and dishwasher are included, along with ceiling fans to help with airflow. The home is equipped with forced-air heating powered by natural gas and central air conditioning, though it’s important to note that these systems, along with the plumbing and water heater, need full replacement due to damage caused by water contamination. One of the most significant concerns surrounding this property is its water source.
The home relies on a private well connected to a lagoon system, but the well has been deemed contaminated with crude oil, making it completely unusable in its current state and possibly hazardous to human health. This contamination means that the home is not livable without major repairs and a full resolution of the water issues. Buyers should be aware that because of the well contamination, traditional mortgage financing is not likely to be available.
Cash buyers or those using non-traditional funding sources may be the only ones able to move forward. Furthermore, the seller has stated they will not make any repairs or provide a solution regarding the water problem. The property is being sold strictly “as-is,” with no warranties or guarantees of habitability. In its current condition, it is considered unfit for living and will require substantial investment to bring it up to livable standards. The expected repairs go beyond just addressing the water issue—they include full replacement of the plumbing system, heating and cooling units, and the water heater.
Despite its challenges, the home does fall within the Augusta School District, making it attractive for families if restoration is completed. It is zoned for elementary, middle, and high school students, providing a solid educational environment in a quiet, rural setting. Annual property taxes were estimated at around $4,384 in 2024, a factor buyers will need to consider when calculating long-term costs associated with the property. This listing has been on the market since May 29, 2025, and is cataloged under MLS# 656142. Priced at just $50,000, it’s an appealing offer on paper given the size of the house and the acreage, but serious buyers must take into account the significant investment needed to restore the home to a livable condition.
This is not a turnkey property and should be approached by those who are experienced in renovations or looking for a long-term project. It may also appeal to investors or contractors who specialize in rehabilitating distressed properties. For the right buyer, this could become a rewarding opportunity to own a sizable piece of land with a spacious home in a quiet part of Kansas, but it will require time, money, and effort to make that vision a reality. Anyone interested should perform due diligence and consider consulting with environmental specialists or contractors before making a decision. If you are seeking a large home with acreage at a deeply discounted price and are ready to take on a serious renovation project, this property might be exactly what you’ve been looking for.
