Houghton Brook Forest represents a long-term timber investment that is offered at a price only slightly above the value of the standing timber. While this asking price assigns nearly no value to the underlying dirt, the land's surveyed subdivision into 7 woodlots offers diversification of future land uses and value uplift. The property's history includes former ownership by Fairbanks Scales Company, a well-known, American manufacturer of scales. The company used the property (including much of the adjoining state land that it also used to own) to provide forest products to its factory that produced platform scales in nearby St. Johnsbury. Property highlights include: Timber value of $406,000; Productive, young forest resource; Secure access; Existing, surveyed subdivision into seven individual woodlots; Mostly gentle terrain, 3-year round brooks, and adjacent 10,826 acres of state land.
Listed by Michael Tragner and Alisa Darmstadt of Fountains Land Inc.
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p mod date time2017-06-05T13:21:00
Number of Photos1
Docs AvailableDeed, Survey
Broker NameFountains Land Inc.
Current UseMixed Use, Recreation, Timber, Woodland