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Listed by Daniel Tesini of LandVest,Inc-Burlington
Maple Hill offers an attractive forested property perched high on East Hill Road with southwesterly views overlooking the pastoral foothills of the Winooski River Valley below. A full suite of property values including timber, cell tower lease income, and rural residential development potential combine to create a unique and flexible investment. Cell tower lease revenue escalates with every five-year term renewal through 2036, providing reliable non-timber income and excellent cell service in support of work-from-home potential! An interior cell tower access road provides a driveway to height of land. Power is along the primary road frontage and buried interior power to the cell tower. Zoned rural residential. The property is enrolled in Vermont's Use Value Appraisal program, keeping taxes low. Cell tower lessee holds a Right of First Refusal. Approximately 15-minute drive to capitol city of Montpelier. Please inquire for a link to additional property documentation or to schedule a showing.

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Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This display of listings may or may not be the entire Compilation from the NEREN database, and NEREN does not guarantee the accuracy of such information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated December 7, 2022 2:56 AM EST.

 

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