Bought with A non NEREN member • A Non-NEREN Agency
$1,477,250
$1,600,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
0 State Route 12 Route Elmore, VT 05657
1,914 Acres Lot
Key Details
Sold Price $1,477,250
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 4479064
Sold Date 08/28/18
Annual Tax Amount $5,839
Tax Year 2015
Lot Size 1914.000 Acres
Acres 1914.0
Property Description
A conservation easement forest offering an excellent timber/sugarbush investment. An eastern aspect predominates with the terrain varying from moderate to steeply sloping. The entire shoreline of the scenic and tranquil Little Elmore Pond lies within the property boundary. Its 24 acres of open water provide an appealing recreational amenity that is easily accessible from the main truck road. The property-wide Capital Timber Value (CTV) is calculated at $2,343,800. The resource is dominated by hardwoods led by sugar maple and yellow birch. Forest stocking is primarily overstocked. The property offers an outstanding potential sugarbush opportunity, with a potential tap count of 60,991 taps, providing an average of 36 taps/acre. The closest electric power is off the end of Micklin Road to the northeast, roughly 3,500 from the internal access road end point at Little Elmore Pond.
Location
State VT
County Vt-lamoille
Area Vt-Lamoille
Zoning unknown
Body of Water River
Building
Lot Description Conserved Land, Pond, Pond Frontage, River, River Frontage, Sloping, Wooded
Sewer None
Water None
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