Bought with David Speirs • LandVest, Inc-Burlington
$375,000
$375,000
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3518 Route 118 Eden, VT 05652
357 Acres Lot
Key Details
Sold Price $375,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 4792824
Sold Date 01/29/21
Annual Tax Amount $1,038
Tax Year 2019
Lot Size 357.000 Acres
Acres 357.0
Property Description
A unique property situated along the south-facing foothills of Belvidere Mountain in Eden, Vermont. The property offers extensive field frontage along Route 118 situated against the backdrop of professionally managed hardwood forest rising to the upper reaches of Belvidere Mountain. A November 2019 timber inventory shows 3.2 MBF per commercial acre heavy to sugar maple and yellow birch with an estimated 51 maple taps per acre. There are an estimated 15,100 total maple taps available now with a projected 800 taps incoming over the next 10-year period of growth. Favorable topography oriented towards Route 118 further supports the potential for sugarbush development. Upper reaches of the property have seen harvest thinning between 2015 and 2018, favoring the retention of sugar maple. The property directly adjoins Long Trail State Forest and Green Mountain Club lands to the north with The Long Trail passing across the ridgeline just north of the property. The property is enrolled in Vermont's Use Value Appraisal tax program. Belvidere Mountain South offers an attractive blend of field, timber, sugaring, recreation, and conservation values that are sure to appeal to a broad range of investors. Approximate driving distances: Johnson, 15-minutes; Stowe, 30 minutes; Boston, 3.5 hours.
Location
State VT
County Vt-lamoille
Area Vt-Lamoille
Zoning None
Exterior
Utilities Available None
Building
Lot Description Field/Pasture, Mountain View, Recreational, Rolling, Secluded, Timber, Trail/Near Trail, Wooded
Sewer None
Water None
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