Eagle Ledge Road, Worcester, Vermont 05682

$3,070,000

Listing courtesy of Michael Tragner from Fountains Land Inc.

Listing sold by Daniel Tesini from LandVest, Inc-Burlington

Sold Price
$3,070,000
List Price
$3,270,000
Status
CLOSED
MLS#
4726055
Closing Date
Jun 15, 2022
Lot Size
155,291,400
Acres
3565

Property 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.

Additional Information

Delayed Showing
No
Tax Amount
$9,300
Listing Agent
Michael Tragner
Listing Office
Fountains Land Inc.
Flood Zone
No
Easements
Yes
Zoning
Unknown
Resort
No

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

board logoCopyright 2022 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated .