
Worcester, VTEagle Ledge Road
Price$3,270,000
Est. Mortgage: $/month
MLS Number 4726055
- Land
- Acreage 3565
- Utilities None
- Zoning Unknown
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.
Listed by Michael Tragner of Fountains Land Inc.