Located on the eastern edge of Bedford, Indiana, this exceptional 140 ± acre property offers a rare opportunity to own a buildable acreage tract with convenient access, outstanding recreational opportunities, timber investment potential, and future development possibilities. With frontage along both US Highway 50 and the dead-end cul-de-sac of Eastlake Drive, the property provides the perfect balance of rural privacy while remaining just minutes from shopping, dining, schools, and everyday conveniences. A cleared building site has already been established outside of the property's Classified Forest enrollment, creating an ideal location for your future home while allowing the remaining acreage to continue benefiting from the tax advantages of the Classified Forest Program. Utilities are available nearby along Eastlake Drive, making future construction even more convenient. Build your dream home surrounded by mature hardwoods, scenic rock-bottom creeks, and abundant wildlife. The property features a quality stand of mature oak and poplar timber, offering long-term investment value while providing exceptional habitat for deer, turkey, and other wildlife. The diverse terrain includes hardwood ridges, dense bedding cover, natural travel corridors, and an established trail system ideal for ATVs, UTVs, horseback riding, hiking, and hunting. Historic railroad beds crossing the northern portion of the property provide additional access and excellent trails throughout the woods. Near the center of the property lies the historic Blue Hole Quarry. Naturally reclaimed over time, it blends seamlessly into the surrounding mature forest while adding unique history and character to the landscape. The southern portion of the property includes approximately 130 feet of frontage along US Highway 50 and approximately 2 ± acres of commercially zoned ground, providing flexibility for future development or investment. An existing illuminated advertising billboard may offer future income potential for the next owner (subject to INDOT permitting requirements). Whether you're looking to build your forever home, establish a private hunting retreat, invest in quality timberland, or own a recreational property with commercial upside, this diverse tract offers a combination of features rarely found in one property.