In the heart and soul of the Green Mountain State, the southernmost town of Washington County, Roxbury is quaint and unique. Much of this old lumber town is forested and includes the headwaters of two rivers, White River and Dog River; all of which are encapsulated in the town’s rugged, scenic terrain. Roxbury features several small waterfalls and creeks among its rolling hills and is close by to Mad River Glen, one of Vermont’s most popular ski resorts.
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The Property offers a long-term timber investment opportunity dominated by northern hardwood species, with a primary age class near 75 years old. Asset appreciation will drive returns over the coming two decades with high-income options in 25 years. Property highlights include: Standing timber value of $322,500, with attractive asset appreciation opportunity, low holding cost with annual taxes of just $368, developed access to support future forest management activities and recreational pursuits, potential sugarbush options from +/-13,000 taps, all sloping to the paved access and electric power, and recreational possibilities with location to build a camp near electric power.
A central Vermont property with high elevation giving way to potential long views from a future homesite near the town-maintained gravel road, with electric and phone services roadside. Established trails lead to the mountaintop, enhancing the land's recreational opportunity. In addition, the property is not too far from Sugarbush Resort, offering easy daily drives to the mountain ski area.
Nice woodlot consisting of 80+ acres of mixed hard and softwoods last harvested in 1999. Old skid trails and forest roads are in intact, and the ecosystem is healthy, according to a recent (2022) report. While hillsides are steep, a building site could be possible with some creativity. Great place to hunt, hike, and watch wildlife as well. Property is in Current Use program.
Listed by Jeff Olson of BHHS Vermont Realty Group/Middlebury
Federal 30-year interest rate: 6.13% last updated on 2023-01-26
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