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367 Sage Hill RoadJamaica, VT 05343Sale Price: $700,000

  • Sale Price: $700,000
  • 1 Day Since Sale
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Federal 30-year interest rate: 6.7% last updated on Sep 29, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $683,000List Price
  • 364Acreage
  • 15,855,840Square Feet

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Listed by Daniel Tesini of LandVest,Inc-Burlington

Listing Sold by LandVest, Inc-Burlington
Sage Hill Stewardship Forest offers an attractive timberland property with exceptional recreation and conservation values located within ten minutes of Stratton Mountain Resort. The property is situated on an easterly ridgeline extension of Sage Hill with nearly three miles of stream frontage along Ball Mountain Brook and the North Branch of Ball Mountain Brook. Seller has maintained over two miles of interior recreational trails. The west side of the property directly adjoins Green Mountain National Forest, with bear habitat. The timber resource is composed of an estimated average stocking of 10.4 MBF of sawtimber and 15.5 cords of pulpwood per forested acre with a current standing timber value of $621,000. Species mix is heavy to white pine, hemlock, white ash, red oak, and sugar maple. A planned group selection harvest offers near-term cash flows. Two open fields at the top of Sage Hill Road provide south-facing views. The property is steeped in history including 1800s homesteads and mid-1900s use of the property as Sage Hill Scout Camp. Seller has maintained one of the Boy Scout-era structures as a recreational camp. A contiguous 14-acre parcel includes the historic (unoccupied) Rawson House. Sage Hill offers a professionally managed forest enrolled in Vermont's Use Value Appraisal program with recent 2021 forest management plan update. Primary access is via the Sage Hill Road bridge on the west side of the property. Approximately 3 hours to Boston and 5 hours to NYC.

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Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This display of listings may or may not be the entire Compilation from the NEREN database, and NEREN does not guarantee the accuracy of such information. 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 September 30, 2022 9:09 PM EDT.

 

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