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Susie Peak Forest

Ira and Clarendon, Rutland County, VT
Price: $1,290,000
Acres: 1139
Type: Timber
Availability: Available
Contact Fountains Land
Michael Tragner
802-223-8644 x22
michael.tragner@fountainsamerica.com
Photos
Maps
Introduction
Location
Access
Site Description
Timber

Introduction

Fountains is pleased to introduce the 1,139-acre Susie Peak Forest, a classic, southern Vermont timberland property in the towns of Ira and Clarendon. Susie Peak’s maturing, northern hardwood-dominated timber resource has been professionally cultivated for many years, culminating in 2.9 million board feet of quality maple, oak, spruce and ash sawlogs. The property is one of southern Vermont’s largest unencumbered offerings and is available to the market for the first time in over 25 years.

While its investment value is firmly anchored by an impressive timber resource, the property has exceptional land attributes as well. Highlights include multiple access points, near-term sugar bush potential approaching 13,100 taps and two lease camps. In addition, the property offers prime kingdom lot options with long, upper-elevation views, for those looking to create an accessible weekend estate near the region’s ski centers at Killington, Pico, and Okemo.

 

Location

Susie Peak is one of the prominent natural landmarks in the towns of Ira and Clarendon in central Rutland County. The property and its surrounding neighborhood are nestled within the northern Taconic Mountains, a series of stunning peaks stretching nearly two hundred miles along the New York, Massachusetts and Vermont borders. Rutland (population 16,000), 9 miles east of the property along the Route 4 corridor, is the regional commercial and shopping hub of south-central Vermont. The Killington/Pico region is 30 minutes to the northeast, while the Okemo Ski Resort is 32 miles to the southeast.

Access

Susie Peak Forest’s multiple entry points create excellent access for timberland investment, recreation and home site development. Toppin Road is a town-maintained artery linking the property and its surrounding neighborhood with Route 133. This well-kept, gravel-surfaced road passes by several very nice residences and a horse farm on its way to the Susie Peak entrance gate and serves as the main entry route to the northern half of the property. The southern half of the property is accessed via a 50’-wide right-of-way extending 0.4 miles from Route 133.

Site Description

This property has all the classic features of an exceptional hardwood timberland investment and attractive kingdom lot ownership. Susie’s attractive timber investment qualities include strong site productivity, a high percentage of operable ground, well-drained Taconic soils and a long history of forest management. For kingdom lot buyers, Susie offers a private ridge-top forest estate with big views and several potential home site envelopes tucked privately within its bounds. For those interested in diversifying income through sugar bush development, Susie offers concentrated sugar maple stands with 13,100 gross taps and an opportunity for additional expansion over the coming decades.

Timber

Susie Peak’s maturing, northern hardwood-dominated timber resource has been professionally cultivated for many years, culminating in 2.9 million board feet of quality maple, oak, spruce and ash sawlogs. Sugar maple represents 35% of total stocking and over half of the total sawtimber value. The property’s 75 to 80-year-old, late rotation hardwood stands have a considerable sawtimber stocking at this time and are well-positioned for continued biological and asset value growth. Based upon a recent November 2015 inventory, Capital Timber Value (CTV) has been set at $988,300 or $868/acre, a figure making up nearly three quarters of the asking price.

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.