Elmore, VT 05657,0 State Route 12 Route
Listed by Michael Tragner • Fountains Land Inc.
Bought with A non NEREN member • A Non-NEREN Agency

$1,477,250

Est. payment /mo

$1,600,000

7.7%
Est.Price: ?

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0 State Route 12 Route Elmore, VT 05657

1,914 Acres Lot

SOLD DATE : 08/28/2018

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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Gail Beardmore

Gail Beardmore

License Partner/Broker | License ID: 081.0004359

+1(802) 236-5431

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