MLS Number 4773105
- Acreage 717
- Zoning rural residential
School Forest has been meticulously managed since 1983 with the intent of producing the current high-quality timber resource that exists today. While the forest offers an exceptional timber investment opportunity, an alternative use could be to create a mixed homestead/timber investment property. Property highlights: Standing timber value of $1,002,000, with the asking price set very close to the standing timber value; Developed access which can be used for home construction; Exceptional asset appreciation expected over the next 10 years of growth; High-quality maple, yellow birch and ash sawlog component, much of which is approaching maturity; 28,000 potential maple taps available. The property is situated along the lower slopes on the eastern side of the Lowell Mountain Range, and just west of Round Hill. Terrain is quite variable, with the steepest slopes along the upper elevation of the Lowell Range and an area at the northern end of Round Hill. In between, terrain is often gently sloping, with rock outcroppings scattered as the land falls towards the Round Hill area. Soil drainage and productivity are very good; however, wetlands along each of the upland streams have been designated as non-productive forestland and cover ±55 acres. While the property has traditionally been used for long-term timber production, the access and terrain provide good opportunity for the development of a private homestead where views of the nearby Lowell Mountain
Listed by Michael Tragner of Fountains Land Inc.
|Price||Down Payment||Interest Rate||Years|
Est. Mortgage: $/month
Federal 30-year interest rate: 3.69% last updated on 2019-10-17
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.