0 State Route 118 Route Belvidere, Vermont 05442 MLS# 4624235

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Sold Status

$376,000 Sold Price

Land Type

450 Acres

Listed By Michael Tragner of Fountains Land Inc.
Sold By Fountains Land Inc.
🖶

Hillside at O'Brien Farm

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NMLS# 446767

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Lamoille County

0 State Route 118 Route

Tri-Lot Forest is an affordable timber and sugarbush opportunity with attractive species composition, productive soils, good access, and a diameter distribution which supports cash flow and product shifting over the next 20 years. Highlights include: species dominated by sugar maple, red maple, yellow birch and beech; high stocking providing immediate income from thinning; asking price at 85% of Capital Timber Value; secure access with roadside power; sugarbush opportunity with 15,000+ potential taps. The property’s terrain varies from gently sloping terrain with a series of scenic beaver ponds in the center, to moderate sloping terrain in the east, to moderate and steep terrain in the west. Most of the forest is hardwoods (92%) led by sugar maple, yellow birch, American beech, red maple, with other common hardwoods, spruce/fir and hemlock mixed in. This species composition is well suited as part of a long-term timber investment, with solid markets regionally and into Quebec. The forest is generally overstocked on most of the acreage and the property-wide Capital Timber Value (CTV) is $464,100. The property also offers a potential sugarbush opportunity, given the level of maple stocking, slope factor, access and proximity to electric power. A conservation easement protects the property, the purpose of which is to maintain, grow and harvest forest resources and products on a sustainable basis.

Property Location

0 State Route 118 Route Belvidere

Property Details

Sold Price  $376,000 Sold Date  Dec 8th, 2017
MLS#  4624235 Taxes $1,758
List Price  396,000 Exposure  East, South
Type  Land Surveyed  Unknown
Zoning  unknown Road Frontage  700 Ft
Lot Size  450.0000 Acres Water Frontage  
Easements   Water Body  
List Date  Mar 29th, 2017
MLS#  4624235 Taxes $1,758
List Price  396,000 Exposure  East, South
Type  Land Surveyed  Unknown
Zoning  unknown Road Frontage  700 Ft
Lot Size  450.0000 Acres Water Frontage  
Easements   Water Body  
List Date  Mar 29th, 2017
Amenities , , Wooded Lot
Topography Mountain, Pond, Pond Frontage, Sloping, Steep, Country Setting, Conserved Land, Wetlands, Wooded
Location No, Rural, Major Road Frnt
Utilities  
Directions  
Current Use Timber, Timber Roads  Paved, Private, Public, Dirt
Sewer  None Roads  Paved, Private, Public, Dirt
Water  None Structure  
Electric  At Street Shore Rights  
Gas   Restrictions  Wetland, Sold Development Rights, Deed
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† The remarks published on this webpage originate from Listed By Michael Tragner of Fountains Land Inc. via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman Realty cannot be held responsible for possible violations of copyright resulting from the posting of any data from the NNEREN IDX Program.