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Old Buffalo Forest

West Fairlee, Orange County, VT
Price: $356,000
Acres: 264
Type: Timber
Availability: Sold
Contact Fountains Land
Michael Tragner
802-223-8644 x22
michael.tragner@fountainsland.com
Photos
Maps
Introduction
Location
Access
Site Description
Timber

Introduction

A central Vermont timber investment property, with high-quality, mature stands in which timber is dominated by maple, ash, oak and pine sawlogs.

Location

The property is located in a rural mountainous region in east-central Vermont where homes are widely scattered and small family farms occupy the fertile valleys.
 
The location is appealing given its close proximity (5 miles) to Lake Fairlee, a small lakeside community which has shaped this rural location to include summer homes, numerous camps and the popular Middlebrook Restaurant. Closer to the property, the hamlet of West Fairlee Center hosts a church and community center, serving as the gateway to Bear Notch Road and the property, 1.5 miles beyond.
 
The land’s convenient proximity to the I-91 corridor (11 miles to the east) enhances the capacity for efficiently transporting forest products to various markets within Vermont, New Hampshire, Maine and across the border into Quebec, Canada.

Access

Primary access to the property is provided by Bear Notch Road, a Class 4, unmaintained town road which runs through the western portion of the land. The property’s southern boundary is roughly 1.5 miles from town-maintained Middlebrook Road to the south. Once on the property, there is an established landing (a roughly 1 acre clearing) 1,000’ further on the west side of the access road. The road to this point from Middlebrook Road has a solid base and is suitable for all forms of forestry truck traffic.

Site Description

The property is set at the northern reaches of the Bear Notch Valley, which defines the majority of the land’s terrain. The headwaters of Bear Notch Brook flow through this tight valley with nearly 95% of the terrain sloping towards the Bear Notch access road. The Old Buffalo mountain peak sits just to the north of the land, creating a ridge at the forest’s eastern end where the remaining land slopes to Scruton Road. Elevations range from 1,420’ along the ridge to 860’ where the brook leaves the property.
 
Terrain is dominated by moderate to steep slopes, well-suited to a combination of traditional and fully-mechanized forest operational equipment.
 

Timber

After a 28-year tenure of stewardship, the ownership has decided to sell their West Fairlee forestland. The management objective from the onset has been the promotion of high-quality sawlogs and veneer through an asset appreciation silvicultural regime. The property is well-suited to the investor seeking a timber investment, whether long or short term.
 
Notable highlights include desirable species composition with value dominated by maple, oak, ash and pine; high overall stocking with an average of 29 total cords per acre; diameter distribution largely represented by 65-110 year old stems, with sawlog volume of 5.7 MBF/acre; exceptional stem quality in both the sawlog and growing stock classes; developed access, enabling full property coverage for future forestry activity; and low carrying cost with taxes of $811/year.
 
Recent 2016 timber data indicates a property-wide Capital Timber Value (CTV) of $272,000 ($1,029/total acre).

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.