0 Bornemann Road Wolcott, Vermont - Sold in 2020

0 Bornemann Road Wolcott, Vermont 05652-0000 MLS# 4784314

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Sold Status

$1,160,000 Sold Price

Land Type

2,155 Acres

Listed By Michael Tragner of
Sold By
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One25 Cambrian Way

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Lamoille County

0 Bornemann Road

Eden-Craftsbury Forest represents an exceptional timber investment opportunity with attractive species composition, mostly gentle terrain and diverse diameter distribution, including maturing stems, ensuring a regular, periodic flow of income from future forest management activity. The ownership, Atlas Timberlands Partnership, is a collaboration between two conservation groups, The Nature Conservancy and the Vermont Land Trust. Together, they have held the property (along with other lands) as a model for managing a diverse array of stewardship goals, including the practice of sustainable silvicultural operations. Their goal in divesting is to raise funds to further their forestland conservation work on new projects. Investment highlights include: Pure timber investment, where existing conservation easement sets asking price at 72% of capital timber value; Present ownership history of conducting silvicultural operations with focus on improving overall forest conditions; Ideal species composition dominated by the maples and yellow birch; Developed internal access; Mostly gently sloping terrain, enhancing cost efficient forestry operations; Recreational opportunity supported by the right to build a rustic camp.

Property Location

0 Bornemann Road Wolcott

Property Details

Sold Price  $1,160,000 Sold Date  Oct 9th, 2020
List Price  $1,220,000 Taxes $0
Cooperation Fee  Unknown Tax Year
MLS#  4784314 Exposure  
Type  Land Surveyed  Unknown
Zoning  Rural Residential Road Frontage   Ft
Lot Size  2155 Acres Water Frontage  
Easements   Water Body  
List Date  Nov 5th, 2019
MLS#  4784314 Taxes $0
List Price  1,220,000 Exposure  
Type  Land Surveyed  Unknown
Zoning  Rural Residential Road Frontage   Ft
Lot Size  2155.0000 Acres Water Frontage  
Easements   Water Body  
List Date  Nov 5th, 2019
Amenities 
Topography Unpaved Roads, Wetlands, Stream, Wooded, Rolling
Location 
Utilities  
Directions  
Current Use Timber Roads  Unpaved
Sewer  None Roads  Unpaved
Water  None Structure  
Electric  None Shore Rights  
Gas   Restrictions  
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† The remarks published on this webpage originate from Listed By Michael Tragner of via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.