NOT LISTED FOR SALE

0 Eagle Ledge Rd Unit 4726055 Worcester, VT 05682

3,565 Acres
-- Price per Acre
155,291,400 Sq Ft Lot

Last Sold June 15, 2022

Last sale price $3,070,000

1,213 Days on Market

Highlights

  • 3,565 Acre Lot
  • Stream or River on Lot
  • Timber
  • Doty Memorial School Rated 9+
  • Wooded Lot
  • Near Conservation Area

About This Lot

As of June 2022

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.

Last Agent to Sell the Property

Michael Tragner

Fountains Land Inc. License #081.0004141 Listed on: 10/31/2018

Last Buyer's Agent

Dan Tesini

LandVest, Inc-Burlington

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,300

Lot Details

  • 3,565 Acre Lot
  • Dirt Road
  • Near Conservation Area
  • Lot Sloped Up
  • Wooded Lot

Outdoor Features

  • Electricity Available at Street
  • Stream or River on Lot

Farming

  • Timber

Utilities

  • Well Required
  • Septic Needed

Property Details

Property Type

Land

Est. Annual Taxes

$9,300

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: The property offers developed access at five landing points along Route 12, covering nearly all of the terrain sloping toward the river that runs along this paved road. In addition, an undeveloped right-of-way leading from Route 12 provides possible access to the extreme southern end of the land.
  • Suitable Use: Timber
  • Price Per Sq Ft: 861.15
  • Property Class: Land
  • Remarks Public: 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.
  • List Agent: 26441
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Yes
  • Roads: Dirt, Paved, Public
  • Easements: Yes

Utilities

  • Electric: At Street
  • Sewer: On-Site Septic Needed
  • Water: On-Site Well Needed

Fee Information

  • Tax Class: TBD

Lot Info

  • Lot Sq Ft: 155291400
  • Current Use: Yes
  • Lot Acres: 3565
  • Lot Description: Conserved Land, Stream, Timber, Wooded
  • Zoning: Unknown
  • Deed Book: 75
  • Deed Page: 9-11
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Gross Amount: 9300
  • Tax Year: 2022

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2022 06/15/22 Sold $3,070,000 -6.1% --
02/25/2022 02/25/22 Pending -- -- --
02/10/2021 02/10/21 For Sale $3,270,000 +6.5% --
08/02/2020 08/02/20 Off Market $3,070,000 -- --
10/31/2018 10/31/18 For Sale $3,270,000 -- --
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4726055

PrimeMLS