0 MOUNTAIN ROAD Moretown, VT 05660 | Land | Residential Land

$1,075,000

Closed
Get Flood Insurance Quote
Map
Save to Collection
Virtual Tour
0
776.0
Fountains Land Inc. Logo
Listing Courtesy of
Fountains Land Inc.

Description

Moretown Gap Forest is a versatile property with potential for: 1) home development made easy by the land’s long road frontage, level terrain, and nearby town village, 2) sugarbush conversion with the high concentrations of maple stands, and 3) conservation, given the land’s unique size and location within the landscape. The property has two primary points of access. Moretown Mountain Road is graveled and town-maintained, creating 6,260’ of frontage along the land’s northern boundary. Electric power and telephone service run along this road. With tree clearing, this area provides attractive local views of nearby forestland with an occasional distant home. The view also includes a panoramic view of the Green Mountain Range that extends from Mt. Abraham at Sugarbush Ski Resort to Camels Hump and beyond to the north. The view also covers the southern end of the Worcester Range with Mt. Hunger in sight, and Mt. Mansfield to the northwest. The timber resource has been carefully managed and has a property-wide Capital Timber Value (CTV) of $907,000 ($1,168/total acre). The property offers a sugarbush opportunity on an estimated 68% of its acreage. Total tap count for the entire property is 27,328

Property Details

List Price $1,100,000 Sold Price $1,075,000 List Date 2018-03-29 Sold Date 2020-06-08 MLS ID 4683080 Status Closed Property Type Land Property Sub Type Residential Land County VT-Washington Days on Market 711

characteristics

Acres 776 lot size area 776.0 Lot SqFt 33802560.0 lot size units Acres road frontage type Gravel, Public road surface type Gravel, Public

tax

zoning Variable

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 3/17/2024 12:31:58 AM (UTC)