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Edinburg Forest

Edinburg, Saratoga County, NY
Price: $920,000
Acres: 781
Type: Timber
Availability: Sold
Contact Fountains Land
Todd Waldron
518-668-5880
todd.waldron@fountainsamerica.com
Photos
Maps
Introduction
Location
Access
Site Description
Timber

Introduction

Fountains is pleased to introduce the 782-acre Edinburg Forest in the Great Sacandaga Lake region of New York’s Adirondacks. This quality sugar maple property is a “can’t miss” opportunity for sugar bush operators, timberland investors or those seeking an exceptional, large-acreage land purchase opportunity in popular Saratoga County.

Highlights follow below:

  • A professionally-managed, highly-stocked timber resource, offering 3.7 million board feet of valuable timber, comprising 80% of the asking price;
  • High-value sugar maple stands make up two thirds of all standing sawlog timber value, anchoring a timber asset that is fully capable of strong value appreciation over the coming ownership cycle;
  • 23,000 gross sugar maple taps 10” and larger for those individuals seeking a good maple syrup farm opportunity;
  • A desirable Saratoga County location which, combined with its unusually large acreage for this region, can offer a legacy-type land investment with a potential long-term upside well beyond its solid timber fundamentals.

 

Location

Edinburg is located in northern Saratoga County tucked just inside the Adirondack Park near Great Sacandaga Lake. The parcel is situated within 20 miles of Saratoga Springs, a popular community well-known for its horse racing heritage, great dining, boutique shops and small cafes. Albany’s Tech Valley Region is located 55 miles south and offers interstate, rail, and port services for global forest products markets. New York City and its metropolitan areas are situated 3.5 hours south, while Montreal is located 3 hours north.

Access

The property has 210’ of year round frontage on Fox Hill Road, a paved four season town artery linking the surrounding area with the Great Sacandaga Lake which is located 10 minutes to the west. A gated woods road that’s suitable for general SUV traffic during non-winter months extends for three quarters of a mile into the heart of the property and provides good access for forest management, sugaring and future log truck traffic. This road has a solid base and could easily be upgraded into a driveway that leads to a weekend home site or sugar bush campus.

Site Description

Edinburg’s well-drained soils and gently-sloping hills are an ideal platform for timber production, forest operations, recreation, kingdom lot options and sugar bush farming. There’s a high percentage of operable ground that is perfectly suited to growing world class sugar maple and its northern hardwood associates.

Timber

Edinburg’s timber resource features exceptional sugar maple component with high stocking, good stem height and a long history of careful forest management. Sugar maple represents 58% of all saw timber stocking and 67% of total saw log value. With this much quality sugar maple, the stage has clearly been set for solid timber appreciation and returns over the next investment cycle. A summer 2016 inventory reveals a standing timber inventory of 3,725 MBF of quality saw timber and 13,524 cords of pulpwood products, with total stocking at 26.8 cords per acre. Capital Timber Value has recently been set at $752,200 ($962/acre), a figure that represents over 80% of the asking price. The high concentration of sugar maple stems (30 gross taps per acre 10” and larger) may also point toward a possible sugar bush farm for the next owners, with a property-wide gross tap count approaching 23,000 taps.

Broker Disclosure: Under agency law, you are considered a customer, unless you have a written brokerage agreement with Fountains Land (in which case you are a client). While you are a customer, Fountains is NOT obligated to keep confidential the information that you might share with us; therefore, you should not reveal any information that could harm your bargaining position.