Land for Sale: 0 Deep Gibou Road, Montgomery, VT 05471 SOLD

0 Deep Gibou Road, Montgomery, VT 05471 SOLD
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Selling Price: $1,750,000
Original List Price: $2,440,000
Sold at 71.7% of list price
Sold Date: 12/18/2020

Type: Lot/Land
Lot Size: 2,779.00 acres

City: Montgomery
County: Franklin

MLS: 4729762
Status: Closed
DOM: 744 days
Listed by Fountains Land Inc., Michael Tragner
Sold by LandVest, Inc-Burlington, Daniel Tesini
Deep Gibou Forest is a long-term timber and/or immediate sugarbush opportunity with attractive species composition, productive soils, secure access and excellent potential for asset appreciation from the timber resource. Investment highlights include: • Species dominated by sugar maple (43%); • Middle-aged, fully-stocked overstory, well-positioned for asset appreciation with Capital Timber Value of $2,311,000; • Excellent access with power nearby; • Sugarbush opportunity with ±113,000 potential taps from stems 9” and greater on north-facing slopes with good sap-flow conditions to access locations; • Average tap/acre of 48, with many areas offering the possibility of 70-80 taps/acre.

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Lot & Building Features

Utilities: None
Sewer: None
Tax Year: 2018
Water: None
Lot Description: Timber

Price History of 0 Deep Gibou Road, Montgomery, VT

Date Name Price Difference
10/04/2019 Price Adjustment $1,750,000 28.28%
12/05/2018 Listing Price $2,440,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Fountains Land Inc.

Copyright 2021 New England Real Estate Network, Inc. All rights Reserved. This information is deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. 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 06/20/2021