Route 12Elmore, VT 05657MLS Number 4906153

  • Price: $490,000
  • Est. Mortgage of $/month
  • 38 Days on Market
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$/month over payments
Federal 30-year interest rate: 5.1% last updated on May 26, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Pending
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  • 731Acreage
  • PendingMLS Status
  • 8400Road Frontage
  • NoneUtilities
The land represents an excellent timber investment opportunity with attractive species composition, diverse diameter distribution, and superior access. The land also offers a great recreational amenity by supporting the development of a camp building. The ownership, Vermont Land Trust (VLT), acquired the land in 2017 from the Wolloch Family, As part of the 2022 Worcester Woods Project to protect 6,500 acres from future development, the VLT has transferred a conservation easement on the land to the State of Vermont, which will oversee the easement terms. Investment highlights include:1) Long-term timber investment & possible sugarbush opportunity with managed timber resource; 2) Attractive species composition, dominated by The Maples, yellow birch, and spruce/fir; 3) Exceptional access with 1.6 miles of paved road frontage; 4) Standing timber value well above the property's asking price; 5) Nice location with recreational opportunity supported by various sites to build a camp; 6) The land is subject to a conservation easement which restricts non-sustainable forest management and the building of any homes.
Listed by Michael Tragner of Fountains Land Inc.

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IPJ Real Estate
IPJ Real Estate
Office: 802-388-4242
34 Main Street
Middlebury, VT 05753

More Info

Basic Information

  • Date Listed04/20/2022
  • StatusPEN
  • List Price$490,000
  • MLS Number4906153
  • MLS StatusPending

Utilities

  • UtilitiesNone
  • WaterNone
  • ElectricNone
  • SewerNone

Other

  • SurveyedYes
  • ZoningUnknown
  • View Count2

Location

  • StreetRoute 12
  • TownElmore
  • StateVT
  • Zip05657
  • CountyLamoille
  • Flood ZoneNo

Water Body

  • Water Body NameNorth Branch Winooski River
  • Water Body TypeRiver
  • Water AccessShared
  • Water ViewYes
  • Water Access DetailsDirectly Adjoining

Property

  • Acreage731
  • Square Feet31,842,360
  • Current UseMaple Sugar, Recreation, Timber
  • Road Frontage8400
  • RoadsPaved
  • Topography
    • Country Setting
    • Hilly
    • Major Road Frontage
    • Mountain View
    • Pond
    • Pond Frontage
    • Recreational
    • River
    • River Frontage
    • Sloping
    • Timber
    • Waterfront
    • Wetlands
    • Wooded
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Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale 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 May 27, 2022.

 

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