Land for Sale: 0 Eagle Ledge Road, Worcester, VT 05682 SOLD

$3,070,000
$3,070,000
0 Eagle Ledge Road, Worcester, VT 05682 SOLD
$3,070,000
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Selling Price: $3,070,000
Original List Price: $3,270,000
Sold at 93.9% of list price
Sold Date: 06/15/2022

Type: Lot/Land
Lot Size: 3,565.00 acres

City: Worcester
County: Washington

MLS: 4726055
Status: Closed
DOM: 1323 days
Listed by Fountains Land Inc., Michael Tragner
Sold by LandVest, Inc-Burlington, Daniel Tesini
The 3,568-acre Eagle Ledge Timberland property represents a fully stocked timber investment asset that is dominated by mid-aged to maturing northern hardwoods with a mature softwood sub-component. Positive cash flow and steady asset appreciation will define this property as the overstocked stands are thinned in the coming decade. Easily accessible, the property is situated within 12 miles of Vermont’s state capital town of Montpelier with nearby markets for all products growing on the forest. The property’s conservation easement creates an asking price significantly below the land’s standing timber value ensuring timber growth will define future returns. The easement allows for development of three camps giving the land a solid recreational amenity.

Lot & Building Features

Utilities: None
Sewer: On-Site Septic Needed
Tax Year: 2022
Water: On-Site Well Needed
Lot Description: Conserved Land, Wooded, Timber, Stream

Price History of 0 Eagle Ledge Road, Worcester, VT

Date Name Price Difference
10/31/2018 Listing Price $3,070,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 0 Eagle Ledge Road, Worcester, VT

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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 2022 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 08/12/2022