Camels Hump State Park Fayston, VT
$2,400,000
Acres 2,119.00
Description
2119+/- acres Mapped GIS Acres of Timber Rights on prime Vermont Real Estate of Lewis Creek Wildlife and Camels Hump State Forest, all timber rights on Vermont State owned land. Vermont Timber may be an excellent investment, stable forest, has a long history of growing larger every year and also major quality changes from small pole logs to cherished large timber and veneer logs. While Gold might be great to hold in unstable times, it inherently drops in value when the economy picks up. The demand for timber increases when the demand for building increases at economic growth periods. Taxes are fixed by deed, making this a lower cost to hold than conserved land in the Use Value Programs. Has been in one family for over 60 years. Valuation was done with marked plots so purchaser can verify results of Timber Cruise by checking plots on the ground. Multiple towns, counties, one span number has been entered.
Listed by Johnson Real Estate Group, LTD, Neil Johnson
Details
MLS 5002680
Price $2,400,000
Status Active
DOM 170 days
Type Lot/Land
Lot Size 2,119.00 acres
Taxes Paid $1,157
Lot & Building Features
Utilities None
Sewer None
Tax Year 2023
Taxes Paid $1,157
Water None
Lot Description Country Setting, Wooded, Wetlands, Walking Trails, Timber, Stream, Steep, Sloping, Secluded, River Frontage
Map
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.