0 EAGLE LEDGE ROAD Worcester, VT 05682 | Land | Residential Land

$3,070,000

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3565.0
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Listing Courtesy of
Fountains Land Inc.

Description

The 3,568-acre Eagle Ledge Timberland property represents a fully stocked timber investment asset that is dominated by mid-aged to maturing northern hardwoods with a mature softwood sub-component. Positive cash flow and steady asset appreciation will define this property as the overstocked stands are thinned in the coming decade. Easily accessible, the property is situated within 12 miles of Vermont’s state capital town of Montpelier with nearby markets for all products growing on the forest. The property’s conservation easement creates an asking price significantly below the land’s standing timber value ensuring timber growth will define future returns. The easement allows for development of three camps giving the land a solid recreational amenity.

Property Details

List Price $3,270,000 Sold Price $3,070,000 List Date 2018-10-31 Sold Date 2022-06-15 MLS ID 4726055 Status Closed Property Type Land Property Sub Type Residential Land County VT-Washington Days on Market 1213

characteristics

Acres 3565 lot size area 3565.0 Lot SqFt 155291400.0 lot size units Acres road frontage type Dirt, Paved, Public road surface type Dirt, Paved, Public

tax

tax annual amount 9300.0 tax year 2022 zoning Unknown

contract

foreclosure y n No

compensation

Buyer Agency Comp. 1.5 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 7:25:26 PM (UTC)