0 BAKER HILL ROAD Bridgewater, VT 05091 | Land | Residential Land

$723,000

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621.0
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Listing Courtesy of
Fountains Land Inc.

Description

Freestone Hill represents an excellent timber investment opportunity with attractive species composition, well-drained soils on sloping terrain and diverse diameter distribution, including maturing stems, ensuring a regular, periodic flow of income from future forest management activity. The ownership, The Conservation Fund (TCF), is a non-profit conservation organization whose Mission Statement is “TCF, working with public, private and nonprofit partners, protects America’s legacy of land and water resources through land acquisition, sustainable community and economic development, and leadership training, emphasizing the integration of economic and environmental goals”. Their goal in divesting of this property is to raise funds to further their forestland conservation work on new projects. Investment highlights include: Long-term timber investment opportunity with high-quality timber resource; Ideal species composition, dominated by sugar maple, yellow birch, ash and red spruce; Developed access, well suited to future forest management activities; Standing timber value representing 93% of the asking price; Attractive location with recreational opportunity supported by various sites to build a camp; Option Agreement held by the seller to acquire a conservation easement on the land, creating an income opportunity for the new owner within a 10-year period (see details at end of report).

Property Details

List Price $801,000 Sold Price $723,000 List Date 2021-02-09 Sold Date 2022-06-06 MLS ID 4846692 Status Closed Property Type Land Property Sub Type Residential Land County VT-Windsor Days on Market 315

characteristics

Acres 621 lot size area 621.0 Lot SqFt 27050760.0 lot size units Acres road frontage type Dirt road surface type Dirt

tax

tax annual amount 1893.69 tax year 2019 zoning Rural Residential

contract

foreclosure y n No

compensation

Buyer Agency Comp. 1.6 Buyer Agency Comp. Type % Compensation Disclaimer The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PRIMEMLS.
This listing was last updated on 3/16/2024 9:38:20 AM (UTC)