Bought with Michael Tragner • Fountains Land Inc.
$4,950,000
$4,950,000
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0 Route 12 A Braintree, VT 05060
7,279 Acres Lot
Key Details
Sold Price $4,950,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 4851399
Sold Date 12/01/22
Lot Size 7279.000 Acres
Acres 7279.0
Property Description
Northfield Ridge Forest represents a long-term timber investment opportunity with attractive species composition, well-drained soils on sloping terrain, and young and middle-aged stands, well-positioned for robust asset appreciation. 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: · Attractive location with recreation & big game hunting opportunities supported by various sites to build camps; · Exceptional long-term timber investment asset with a standing timber value very close to the asking price; · Ideal species composition, dominated by northern hardwoods; · Developed access, well suited to future forest management activities and recreational pursuits;
Location
State VT
County Vt-orange
Area Vt-Orange
Zoning rural residential
Exterior
Utilities Available None
Building
Lot Description Mountain View, Rolling, Sloping, Stream, Timber, Wooded
Sewer None
Water None
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