Alexander RoadIrasburg, VT 05845MLS Number 4773105

  • Price: $1,070,000
  • Est. Mortgage of $/month
  • 83 Days on Market
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Federal 30-year interest rate: 3.75% last updated on Nov 14, 2019
* 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.
  • 717Acreage
  • 31,232,520Square Feet

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Listed by Michael Tragner of Fountains Land Inc.

School Forest has been meticulously managed since 1983 with the intent of producing the current high-quality timber resource that exists today. While the forest offers an exceptional timber investment opportunity, an alternative use could be to create a mixed homestead/timber investment property. Property highlights: Standing timber value of $1,002,000, with the asking price set very close to the standing timber value; Developed access which can be used for home construction; Exceptional asset appreciation expected over the next 10 years of growth; High-quality maple, yellow birch and ash sawlog component, much of which is approaching maturity; 28,000 potential maple taps available. The property is situated along the lower slopes on the eastern side of the Lowell Mountain Range, and just west of Round Hill. Terrain is quite variable, with the steepest slopes along the upper elevation of the Lowell Range and an area at the northern end of Round Hill. In between, terrain is often gently sloping, with rock outcroppings scattered as the land falls towards the Round Hill area. Soil drainage and productivity are very good; however, wetlands along each of the upland streams have been designated as non-productive forestland and cover ±55 acres. While the property has traditionally been used for long-term timber production, the access and terrain provide good opportunity for the development of a private homestead where views of the nearby Lowell Mountain

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More Info

Basic Information

  • Date Listed08/27/2019
  • StatusACT
  • Property TypeLand
  • List Price$1,070,000
  • MLS Number4773105

Other

  • Taxes$2,091
  • SurveyedUnknown
  • Zoningrural residential
  • View Count34

Location

  • StreetAlexander
  • TownIrasburg
  • StateVT
  • Zip05845
  • CountyOrleans
  • Flood ZoneUnknown

Property

  • Acreage717
  • Square Feet31,232,520
  • Road Frontage4750
  • RoadsDirt
  • TopographyRolling, Stream, Timber

Utilities

  • WaterNone
  • ElectricNone
  • SewerNone
Jim Campbell Real Estate
Jim Campbell Real Estate
601 East Main Street
Newport, VT 05855
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Copyright 2019 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 November 17, 2019.

 

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