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Osgood Farm

Prentiss Township, Penobscot County, ME
Price: $599000 (Price Adjustment!)
Acres: 580
Type: Home & Land
Availability: Available
Contact Fountains Land
Jesse Studley
207-285-1020
jesse.studley@fountainsland.com
Photos
Maps
Introduction
Location
Access
Site Description
Timber
House/Buildings

Introduction

Osgood Farm, located less than 1.5 hours north of Bangor, is a hunter’s paradise.  The property is located in a remote and secluded area of Penobscot County, yet it has year-round access by way of a recently paved public road.  The property consists of approximately 75 acres of productive farmland, 505 acres of timberland, a year-round residence in excellent condition and a productive gravel pit.

Location

Osgood Farm is located approximately 75 miles north of Bangor, Maine in Penobscot County. The property is within 30 miles of Lincoln to the southwest. The general location of the property is rural to remote, with property abutters including timber owners and rural residences. 

Access

The property is located on a newly paved, town-maintained road (Molly Osgood Road).  The property also has paved frontage on Route 170.  Public road frontage totals approximately 9,900 feet on Molly Osgood Road and 1,000 feet on Route 170.  Internal access to the property is well developed and consists of forest management roads, farm roads and maintained trails.

Site Description

The Osgood Farm is a diverse multi-use property.  The property consists of approximately 75 acres of productive farmland and 505 acres of timberland.  The farmland portion of the property has been utilized primarily for hay production, although local farmers have leased portions of the fields for higher-value crops.  The topography of the property is highly scenic with numerous vistas located throughout the property.  Views of Mt. Katahdin are possible on clear days from the high point of the property.  A small pond on the property located just east of the residence adds to the scenic appeal of the property.

Timber

A selective harvest was completed over most of the property in the winter of 2014-2015.  The timber harvest was conducted to leave a well-stocked, residual timber resource.  The timber resource is estimated to retain 10-12 cords of merchantable timber per operable acre.

The agricultural land, consisting of approximately 75 acres, has been utilized recently for hay production.  The owner indicates there have been no recent herbicide or pesticide applications and much of the farmland may be suitable for organic classification.

The property includes an active gravel pit.  The pit is approximately 2-3 acres in size and no formal gravel pit assessments have been completed.  The current owner has sold limited volumes of gravel to local consumers.  Since the late 2000s, annual sales of gravel have average $8,000 - $10,000.

House/Buildings

The property includes a year-round residence in excellent condition.  The residence totals approximately 1,500 square feet, includes 3 bedrooms and 1 full bathroom, and has a recently updated kitchen.  The residence is located on a full cement foundation, has primary heat by way of a wood furnace linked to a forced hot air system, and includes a deck, mudroom and attached garage.

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.