Route 12Elmore, VT 05657MLS Number 4906153

  • Sale Price: $490,000
  • 328 Days Since Sale
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Federal 30-year interest rate: 6.57% last updated on May 25, 2023
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Route 12 Elmore VT 05657
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  • 731Acreage
  • 31,842,360Square Feet

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Listed by Michael Tragner of Fountains Land Inc.

Listing Sold by Fountains Land Inc.
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.

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More Info

Basic Information

  • Date Listed04/20/2022
  • StatusSLD
  • Sale Price$490,000
  • List Price$490,000
  • MLS Number4906153
  • MLS StatusClosed

Water Body

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

Location

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

Utilities

  • WaterNone
  • ElectricNone
  • SewerNone
  • UtilitiesNone

Property

  • Acreage731
  • Square Feet31,842,360
  • CurrentUseMaple 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

Other

  • SurveyedYes
  • ZoningUnknown
  • View Count8

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Brian French Real Estate

Brian French Real Estate

(802) 862-6433
1993 Williston Road,
South Burlington, VT 05403
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Copyright 2023 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 29, 2023 10:24 AM EDT

 

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