Bought with Daniel D Tesini • LandVest, Inc-Burlington
$700,000
$683,000
2.5%For more information regarding the value of a property, please contact us for a free consultation.
364 Acres Lot
SOLD DATE : 09/30/2022
Key Details
Sold Price $700,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 4924798
Sold Date 09/30/22
Annual Tax Amount $2,237
Tax Year 2021
Lot Size 364.000 Acres
Acres 364.0
Property Description
Sage Hill Stewardship Forest offers an attractive timberland property with exceptional recreation and conservation values located within ten minutes of Stratton Mountain Resort. The property is situated on an easterly ridgeline extension of Sage Hill with nearly three miles of stream frontage along Ball Mountain Brook and the North Branch of Ball Mountain Brook. Seller has maintained over two miles of interior recreational trails. The west side of the property directly adjoins Green Mountain National Forest, with bear habitat. The timber resource is composed of an estimated average stocking of 10.4 MBF of sawtimber and 15.5 cords of pulpwood per forested acre with a current standing timber value of $621,000. Species mix is heavy to white pine, hemlock, white ash, red oak, and sugar maple. A planned group selection harvest offers near-term cash flows. Two open fields at the top of Sage Hill Road provide south-facing views. The property is steeped in history including 1800s homesteads and mid-1900s use of the property as Sage Hill Scout Camp. Seller has maintained one of the Boy Scout-era structures as a recreational camp. A contiguous 14-acre parcel includes the historic (unoccupied) Rawson House. Sage Hill offers a professionally managed forest enrolled in Vermont’s Use Value Appraisal program with recent 2021 forest management plan update. Primary access is via the Sage Hill Road bridge on the west side of the property. Approximately 3 hours to Boston and 5 hours to NYC.
Location
State VT
County Vt-windham
Area Vt-Windham
Exterior
Utilities Available None
Building
Lot Description Hilly, Mountain View, Open, Recreational, Secluded, Sidewalks, Ski Area, Sloping, Stream, Timber, Walking Trails, Wooded
Sewer None
Water None
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