Bought with Susi Benoit • Red Barn Realty of Vermont
$1,075,000
$1,100,000
2.3%For more information regarding the value of a property, please contact us for a free consultation.
776 Acres Lot
SOLD DATE : 06/08/2020
Key Details
Sold Price $1,075,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 4683080
Sold Date 06/08/20
Lot Size 776.000 Acres
Acres 776.0
Property Description
Moretown Gap Forest is a versatile property with potential for: 1) home development made easy by the land's long road frontage, level terrain, and nearby town village, 2) sugarbush conversion with the high concentrations of maple stands, and 3) conservation, given the land's unique size and location within the landscape. The property has two primary points of access. Moretown Mountain Road is graveled and town-maintained, creating 6,260' of frontage along the land's northern boundary. Electric power and telephone service run along this road. With tree clearing, this area provides attractive local views of nearby forestland with an occasional distant home. The view also includes a panoramic view of the Green Mountain Range that extends from Mt. Abraham at Sugarbush Ski Resort to Camels Hump and beyond to the north. The view also covers the southern end of the Worcester Range with Mt. Hunger in sight, and Mt. Mansfield to the northwest. The timber resource has been carefully managed and has a property-wide Capital Timber Value (CTV) of $907,000 ($1,168/total acre). The property offers a sugarbush opportunity on an estimated 68% of its acreage. Total tap count for the entire property is 27,328
Location
State VT
County Vt-washington
Area Vt-Washington
Zoning Variable
Exterior
Utilities Available None
Building
Lot Description Hilly, Major Road Frontage, Mountain View, Secluded, Stream, Timber, View, Wooded
Sewer Unknown
Water Unknown
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Broker | License ID: 068128
steven@whitehillestatesandhomes.com
48 Maple Manor Rd, Center Conway , New Hampshire, 03813, USA